Chinese banks to be punished for risky lending

China has issued a rare warning that it will impose curbs on banks unless they beef up their defences against bad loans as Beijing tries to put the brakes on a massive lending spree.

More Top Stories
  • AIDS death toll passes 25 mln: UNAIDSAIDS death toll passes 25 mln: UNAIDS

    AIDS has killed 25 million people worldwide but new infections are slowing sharply, the UN said on Tuesday in an annual report on the crisis that mixed hope with a warning against complacency.

  • Injury crisis gnaws at Barca as Liverpool face exitInjury crisis gnaws at Barca as Liverpool face exit

    It would normally be unthinkable -- but it is just possible that holders Barcelona will become the first winners since the 1993 introduction of the Champions League format not to survive the group stages.

  • GM has paid back Opel loans to Germany: MerkelGM has paid back Opel loans to Germany: Merkel

    General Motors has repaid the 1.5 billion euros (2.2 billion dollars) in bridging loans it received from Germany to keep its troubled European unit Opel afloat, Chancellor Angela Merkel said on Tuesday.

  • DR Congo war crimes trial begins at The HagueDR Congo war crimes trial begins at The Hague

    Two Congolese militiamen accused of seeking to wipe out a village blocking a strategic route in an ethnic war pleaded not guilty to war crimes in the International Criminal Court on Tuesday.

  • Britain begins long-awaited Iraq war probeBritain begins long-awaited Iraq war probe

    A long-awaited public inquiry into Britain's role in the Iraq war opened Tuesday, vowing not to "shy away from criticism" of individuals or institutions over the controversial conflict.

  • Britain opens long-awaited Iraq war probeBritain opens long-awaited Iraq war probe

    A long-awaited public inquiry into Britain's role in the Iraq war opens on Tuesday, with former civil servants first to appear in hearings set to climax with Tony Blair taking the stand.

  • China executes two over tainted milk scandal: state mediaChina executes two over tainted milk scandal: state media

    Two men were executed in China on Tuesday for their roles in a contaminated milk powder scandal that led to the deaths of at least six infants and sickened up to 300,000, state media said.

  • Japan finance minister urges BoJ on deflationJapan finance minister urges BoJ on deflation

    Japan's finance minister said Tuesday that monetary policy is key to tackling deflation and urged the Bank of Japan (BoJ) to take on a more aggressive role in staving off falling prices.

    Regional

    Sci-Tech

    Weird News

    My News

    RSS is a popular technology to pull in news and information from across the web. using this module you can pull in content from various sources (such as news sites and blogs) to customize your viewing experience.

    click here for more information on RSS

      Sports

      • Jetstar 'sorry' after taking Paralympic hero's wheelchairJetstar 'sorry' after taking Paralympic hero's wheelchair

        Australian budget airline Jetstar apologised on Tuesday after making a Paralympic champion check in his wheelchair before catching a flight, prompting him to drag himself through the airport.

      • Titans win fourth straight after 0-6 NFL startTitans win fourth straight after 0-6 NFL start

        Rob Bironas booted a 53-yard field goal with less than a minute to play as the Tennessee Titans beat the Houston Texans 20-17 Monday for their fourth straight National Football League victory.

      • Browns coach Mangini doubts Lions injuriesBrowns coach Mangini doubts Lions injuries

        Cleveland coach Eric Mangini sparked the ire of Detroit coach Jim Schwartz when he suggested Lions players faked injuries Sunday as a delaying tactic in their 38-37 NFL win over the Browns.

      • Nadal needs to regain his composureNadal needs to regain his composure

        Rafael Nadal said he needed to rediscover his composure when facing crucial points and admitted he was short of confidence in his bid to claim the season-ending World Tour Finals crown.

      Celebrity Gossip

      • Pixie Lott wants to star in a production on London's West End theatre district and is in line to audition for a role in Meat Loaf musical 'Bat Out Of Hell'.Pixie Lott set for Meat Loaf musical

        Pixie Lott wants to star in a production on London's West End theatre district and is in line to audition for a role in Meat Loaf musical 'Bat Out Of Hell'.

      • Keisha Buchanan has revealed she will be working with one-time Sugababes bandmate Mutya Buena on her upcoming solo album.Keisha Buchanan reunites with Mutya

        Keisha Buchanan has revealed she will be working with one-time Sugababes bandmate Mutya Buena on her upcoming solo album.

      • Jude Law and Sienna Miller appeared to be ''more than just friends'' when they partied at New York nightspot The Box last week.  Jude Law back with Sienna?

        Jude Law and Sienna Miller appeared to be ''more than just friends'' when they partied at New York nightspot The Box last week.

      • Mika refuses to comment on his sexuality because he likes his life to retain an air of mystery. Mysterious Mika

        Mika refuses to comment on his sexuality because he likes his life to retain an air of mystery.

      News Home Inline Video
      This video requires the Adobe® Flash® Player. Download a free version of the player.
      Get Windows Live Alerts
      Weather

      Get forecast by town or city.

      Legend

      Photos