Business -- January 7, 2006

• Asset management company recovers 3.3 bn USD in cash by end of 2005
• China to input more investment on railway construction in 2006
• China to increase input on extrahigh-tension power grid in next five years
• China aims to produce 500 billion kilograms of grain during 2006-2010
• Crude oil prices surge above US$64

• Financial Times: Gates still the richest in the world
• Homegrown 3G standard technically ready to take off
• KPMG: Asian autos to gain ground
• Sino-European trade expects to top US$200 bln in 2005
• US jobless rate down to 4.9% in Dec.

• US stocks surge to four-year highs