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SHANGHAI, Jan. 11 (Xinhua) -- The listed arm of China's biggest train maker, China South Locomotive and Rolling Stock Industry (Group) Corporation (CSR), has been allowed by regulatory authorities to raise 9 billion yuan (1.41 billion U.S. dollars) on the stock market, the company said Wednesday.The Hong Kong- and Shanghai- listed CSR Corp. Ltd. will sell 1.96 billion shares at 4.46 yuan apiece to select investors, it said. But CSR's parent -- state-owned CSR Group -- has agreed to buy no less than 6 billion yuan's worth of the shares, leaving the rest to institutional investors.CSR's net profit growth in the third quarter of 2011 plunged to 9.66 percent year-on-year from a high of 85.08 percent in the first half of 2011 as the country put the brakes on development of the railway sector after a deadly bullet train crash on July 23 that killed 40 people and injured 210 others.The decision to slow the development of high-speed rail lines has led to halts in construction of about 90 percent of ongoing railway projects, or 10,000 km of rail lines across the country, local media reported earlier.CSR is the maker of the bullet trains involved in last July's deadly collision. After the accident, the company's executives bought a combined 540,000 share in August, a move seen as an attempt to bolster battered stock prices.Analysts say the fundraising would help CSR greatly ease its financial burdens. The company earlier pledged to maintain profit growth and its dividend policy to boost investors' confidence.
COTABATO, Philippines, Jan. 2 (Xinhua) -- The health authorities declared an outbreak of a deadly rat fever on Monday in the flood-hit areas in the southern Philippines.At least five people were already dead and as many as 200 were diagnosed in the southern city of Cagayan de Oro with leptospirosis, a fatal animal-borne disease that can result in high fever, internal bleeding and organ failure.The latest fatality, an old woman, died late Monday due to complication.Dr. Jaime Bernadas, regional health minister, said they fear the number of patients displaced by typhoon Washi could increase in the coming days.Congressman Rufus Rodriguez has called on people affected by the floods that killed over 1,200 people to avail of the government's vaccination against the deadly disease.The death toll from tropical storm Washi currently stands at 1, 258 people with many still believed missing. Washi brought massive rains, causing flooding in many areas in the Central and Southern Philippines starting last Dec. 16.

BEIJING, Nov. 17 (Xinhua) -- Chinese State Councilor Liu Yandong on Thursday met with a U.S. artist delegation, vowing to promote bilateral cultural and art exchanges.Headed by President and Chief Executive Officer of the Asia Society Vishakha Desai, the delegation will participate in the China-U.S. Forum on the Arts and Culture from Nov. 16-19 in Beijing.Liu welcomed the U.S. artists, noting cultural and art exchanges are an important component of bilateral people-to-people exchanges.She said the founding of the forum established an institutionalized and constructive platform for deepening bilateral relations and friendship between the two peoples.Artists from the two countries should exert their influence and actively promote bilateral cultural exchanges, she said.The forum is organized by the Chinese People's Association for Friendship with Foreign Countries, the Asia Society and the Aspen Institute.An extraordinary line-up of American cultural icons will attend the event, including actress Meryl Streep, film director Joel Coen, musician Yo-Yo Ma, and best-selling author Amy Tan.
BEIJING, Oct. 18 (Xinhuanet) -- Some seaweeds can kill the reef-building corals around them by emitting anti-coral chemicals, a new study found.The study was published Monday in the online edition of the journal Proceedings of the U.S. National Academy of Sciences (PNAS).The researchers investigated the interactions between eight different species of seaweed and three species of coral growing in the waters nearby the Fiji Islands, and identified a class of anti-coral organic compounds known as terpenes.These chemicals, found on the surfaces of several species of seaweed, can kill the coral by suppressing its photosynthesis.The finding suggests that the living space competition with seaweeds could be a factor of the coral's worldwide decline.Plant-eating fish normally controls seaweed growth on coral reefs, but the populations of these consumers are declining by the overfishing, which eventually resulted in the seaweed's dominant position, according to the researchers.Despite overfishing, pollution and warming oceans are also the contributors to coral's worldwide decline, said Jennifer Smith, a marine ecologist at the University of California, San Diego.
SAN FRANCISCO, Nov. 12 (Xinhua) -- Apple has unveiled a worldwide replacement program for the first-generation iPod nano music player due to overheating battery issues, telling owners to stop using the product and get it replaced for free."Apple has determined that, in very rare cases, the battery in the iPod nano (1st generation) may overheat and pose a safety risk. Affected iPod nanos were sold between September 2005 and December 2006," said Apple in a notice posted late Friday on the support section of its official website.The company said the issue has been traced to a single battery supplier that produced batteries with a manufacturing defect. Since the product is five or six years old now, the likelihood of an incident increases.Owners of iPod nano can check the serial number on the back of the product to see if it is eligible for replacement. Apple promises a replacement unit about six weeks after the company received the affected one.The overheating battery issues of the first generation iPod nano have been known for years. In 2008, Japan's Ministry of Economy, Trade and Industry launched an investigation into Apple after dozens of iPod overheating cases were reported, including several incidents of iPod nanos toasting to the point of catching fire and causing minor burns to owners.Last August, a commuter train in Tokyo was delayed during rush hour when passengers complained of a strong burning smell from an overheating iPod nano that had burst apart.The portable music player also cost Apple a 22.5 million-U.S. dollar settlement in 2009 when a class action lawsuit in California alleged iPod nano is prone to scratches and its alleged defects were not disclosed by the company.
来源:资阳报