介绍:
26 People Confirmed Dead in Shipping Disaster on Yangtze
14 people have been rescued and 26 others have reportedly died following a shipping accident on the Yangtze River.
Rescuers are trying to find more survivors from the more than 400 people still unaccounted for.
Over 46-hundred rescuers, mostly military personnel and armed police, are involved in a massive search and rescue mission.
But bad weather has been hampering their work.
More equipment and medical personnel are being deployed to the scene.
The ship with over 450 people on board sank on Monday night during a storm in the Yangtze River in Hubei.
Most of them are elderly tourists from Shanghai and Jiangsu.
Flood alerts issued as heavy storms hit China
China's southern region has experienced heavy rainstorms, leading to flooding in many areas.
The bad weather follows a yellow alert issued by China's National Meteorological Centre on Tuesday.
Some cities in central China's Hubei Province have already been battered by heavy rainstorms this week.
The storms have affected nearly 1-thousand power lines and left 63-thousand households without electricity.
China unveils first industrial park after signing FTA with S. Korea
China has unveiled a blueprint for an industrial park in Shandong to facilitate investment by enterprises from the South Korea.
It is the first plan for an industrial park to be revealed following the signing of a free trade agreement between both countries.
The park is set to be built in Yantai, east China's Shandong Province.
The city aims to build the area into a model of industrial cooperation and a major logistics hub of Northeast Asia.
Taiwan Computex show opens in Taipei
Taiwan's technology giants are gathering at the annual computer expo to demonstrate their latest products and technologies.
The expo, named Computex 2015, kicked off in Taipei on Tuesday.
As Asia's biggest technology trade event, Computex 2015 has attracted over 17-hundred exhibitors worldwide.
One highlight at this year's expo is the "Internet of Things".
It focuses on turning PCs into personal data centres.
The expo features a variety of emerging technologies, such as wearable devices and 3D printers.
It will last until Saturday.
Tradable CDs 'key step' toward market reform
The People's Bank of China is allowing banks to issue tradable certificates of deposits.
Certificats of deposit are similar to savings bonds, which offer higher rates of return than simply putting money into a savings account.
Maturities on the certificates will range from 1-month to 5-years.
Individual investors will have to pay a minimum of 300-thousand yuan for a single certificate.
Institutional investors have to invest a minimum of 10-million yuan.
The rates will be set by the market, and will be based on the Shanghai Interbank Offered Rate, or SHIBOR.
Beijing declares Didi private car services illegal
Beijing transport authorities have reiterated the illegality of unlicensed taxis after grilling executives of Uber-like taxi-hailing app Didi Dache.
Didi Dache services including "Didi Express" and "Didi Zhuanche" allow private car owners to accept fares for driving passengers.
"Didi Express" charges slightly less than taxis.
"Didi Zhuanche" charges at least 30 percent more than taxis but is still appealing thanks to frequent coupons.
These actions violate existing laws and regulations.
Authorities regulate that only cars officially designated as taxis may pick up paying passengers.
President convenes emergency meeting on MERS
South Korean President Park Geun-hye has convened an emergency meeting to discuss measures to contain the spread of Middle East Respiratory Syndrome.
The meeting has discussed the current situation concerning MERS and reviewed the health ministry's comprehensive plan to tackle the virus.
This comes after South Korea began setting up temporary quarantine zones in hospitals around the country in an attempt to limit the spread of MERS.
So far, 2 South Korean nationals have died from the corona virus, which found its way into the country after a man returned from a trip to the Middle East last month.
30 South Koreans have been diagnosed with the MERS virus, which is a corona virus similar to SARS.
It first emerged 3-years ago in Saudi Arabia.
The mortality rate for the virus is 40-percent.
Australia, Japan Seek Stronger Military Cooperation
Australia's Defence Minister has met with Japanese Prime Minister Shinzo Abe for talks on defense cooperation in Tokyo.
Kevin Andrews and Abe have confirmed that Japan will be sending 40 officers and soldiers to join a US-Australian military exercise for the first time.
The exercise in Australia plans to involve nearly 30-thousand U.S. and Australian troops.
For his part, Shinzo Abe says he believes the ties between Japan and Australia are becoming more solid.
Also, Japan has been working to try to secure a submarine deal with Australia.
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