China recorded an unexpected trade deficit of $22.98 billion in February, official figures showed Saturday, with authorities blaming the country's holiday season for the weak performance. The figure compared with a surplus of $14.8 billion in the same month last year, and a median forecast of an $11.9 billion surplus in a poll of 13 economists by Dow Jones Newswires. Exports fell 18.1 percent to $114.10 billion, while imports were up 10.1 percent to $137.08 billion during the month, which included most of the Lunar New Year holiday, the General Administration of Customs said. Analysts played down the deficit -- China's first in 11 months -- saying improving foreign demand bodes well for the country's trade this year.
ENGLEWOOD, N.J. (AP) — Sheila MacRae , a veteran stage, film and TV performer best known for playing Alice Kramden in the 1960s re-creation of "The Honeymooners," has died. She was 92.
Saul "Canelo" Alvarez returns to the ring after suffering his first career loss to Floyd Mayweather, fighting on Saturday on a card that includes two Mexican compatriots defending world titles. Former World Boxing Council and World Boxing Association champion Alvarez, 42-1-1 with 30 knockouts, will face countryman Alfredo Angulo, 22-3 with 18 knockouts. Alvarez, whose nickname means "cinnamon" in Spanish, lost a majority decision and his crowns to unbeaten US star Mayweather last September. "I learned a lot from fighting Floyd, but I'm ready to get back in the ring to maintain the path that I was on before," Alvarez said.
Simferopol (Ukraine) (AFP) - Ukraine braced Saturday for new pro-Russian protests in the tense eastern city of Donetsk after Moscow threatened to stop crucial gas supplies to the country, further escalating hostilities with the West. Donetsk, a focal point of the crisis engulfing Ukraine since the protests that toppled president Viktor Yanukovych, was expecting a large demonstration by activists demanding a secession referendum like the one planned for the Crimean peninsula. The latest show of pro-Moscow sentiment in the largely Russian-speaking southeast comes after Russia threatened Friday to halt gas supplies to Ukraine following Western sanctions to punish the Kremlin for seizing de facto control of Crimea.
BOSTON (AP) — Jared Sullinger was at a loss to explain how his Boston Celtics could win while committing a season-high 28 turnovers.
A missing Malaysia Airlines flight was carrying 152 Chinese, 38 Malaysians, 12 Indonesians and seven Australians among the 227 passengers, the airline said on Saturday. There were also three U.S. citizens, three from France, two passengers each from New Zealand, Ukraine, and Canada, and one each from Italy, Taiwan, the Netherlands and Austria, the airline said in a statement.
BEIJING (Reuters) - China has dispatched two maritime rescue ships to the South China Sea to help in rescue work for a missing Malaysia Airlines aircraft, state television reported on Saturday on one of its official microblogs. (Reporting by Ben Blanchard)
US authorities are investigating the French banks Societe Generale, BNP Paribas and Credit Agricole for embezzlement and violating American sanctions against other countries, a source close to the matter said Friday. The US Treasury, Justice Department, Manhattan district attorney and New York Department of Financial Services are investigating the banks. BNP Paribas is in talks with US authorities to settle the probe, according to The Wall Street Journal.
SUNRISE, Fla. (AP) — Robert Luongo's return to Florida couldn't have been better.
BEIJING (Reuters) - Chinese Foreign Minister Wang Yi said on Saturday that there was no room for compromise with Japan on questions of history and territory. China's ties with Japan have long been poisoned by what China sees as Japan's failure to atone for its occupation of parts of China before and during World War Two. China's anger over the past is never far from the surface, and relations have deteriorated sharply over the past 18 months because of a dispute over a chain of uninhabited islands in the East China Sea. (Reporting by Michael Martina; Writing by Ben Blanchard)