12:40 Chinese to Invest in Road
Chinese investors may invest up to $1 billion in a high-speed toll road between St. Petersburg and Moscow, Economic Development and Trade Minister German Gref, said during during an official visit to Beijing last week.

12:28 Japan Visit Spurs Local Interest
Governor Valentina Matviyenko's visit to Japan last week has created a stir in St. Petersburg business circles as the city seems to be warming to the land of the Rising Sun.