Something strange is going to take place next week at the G-20 summit: Europe, long accustomed to sending aid through the International Monetary Fund to developing nations, will pass a collection plate to many of those same countries. But to get such help, which could be as much as $105 billion from four major emerging economies, European nations will have to surrender some control of the IMF.
Angelo Young
Jun 13, 2012
Though rents went down, grocery bills shrank and companies trimmed their workforce after the devastating 2011 earthquake and tsunami, Tokyo edged past Angolan capital Luanda to become the world?s most expensive city for expatriates in Mercer?s 2012 survey.
Mark Johanson
Jun 12, 2012
An Australian coroner ruled on Tuesday that a dingo, native to the Outback, kidnapped and killed baby Azaria Chamberlain in the infamous 1980 case that led to the mistaken murder conviction of the nine-week-old's mother Lindy Chamberlain. She was later cleared.
Nadine DeNinno
Jun 12, 2012
Not many people knew of Hugh Jackman's wife, Deborra-Lee Furness, before Sunday night's Tony Awards, when she surprised the movie star, memorable Tony Awards host and Broadway veteran, with a Special Tony Award.
Howard Koplowitz
Jun 11, 2012
Google was targeted for unethical and anti-competitive business practices once again when a non-profit organization working on public interest issues filed a complaint against the search engine giant with the anti-trust body, Competition Commission of India (CCI), Friday. This comes at a time when Google India is already facing a formal probe on a similar complaint filed by an Indian matrimonial site.
Amrutha Gayathri
Jun 11, 2012
Adam Opel GmbH, an aging European subsidiary of the General Motors Co. (NYSE: GM), is hoping Chinese sales will be a panacea for miserable performance in the European market.
Benjamin Reeves
Jun 08, 2012
As we have long expected, China is beginning to decelerate.
Sonny Kwon
Jun 08, 2012
Apple is expected to unveil a ton of new products next week at the 2012 Worldwide Developers Conference (WWDC) in San Francisco, but on Friday, Gadget Lab tweeted a picture from Wired's Roberto Baldwin of a banner put up in Moscone West, one of the WWDC event locations, which showcased iOS 6: The world's most advanced mobile operating system.
Dave Smith
Jun 08, 2012
Without a stronger effort by the central banks -- in the form of a coordinated quantitative easing measure to correct the ailing European banking system -- the global economy (at best) will only limb along.
Palash Ghosh
Jun 08, 2012
A rare citing of a 13-foot Squid's carcass, partially eaten by sharks, has made for another YouTube sensation.
Ceylan Yeginsu
Jun 08, 2012
Apple has been officially reprimanded over its misleading advertising in Australia of the term 4G for new iPad 3. No considerable penalty here: According to The Australian, Apple has agreed to a $2.25 million settlement in Australian courts after the Australian Competition and Consumer Commission (ACCC) won a battle alleging the Cupertino, Calif.-based company misled customers about the new iPad's touted features.
Dave Smith
Jun 08, 2012
Australia will lift its remaining financial sanctions and travel restrictions against Myanmar, Australian Foreign Minister Bob Carr announced Thursday, citing the southeast Asian country's progress toward democratic reform following decades of military rule.
Ryan Villarreal
Jun 08, 2012
Watch live coverage of the semifinals at Roland Garros, plus read a full analysis of the two matchups.
Jason Le Miere
Jun 07, 2012
We're just four days away from the start of the 2012 Worldwide Developers Conference (WWDC) in San Francisco, which is expected to be one of the biggest Apple events of the year. A new report says that Apple will introduce as many as 14 new Mac models at WWDC, including desktop computers (iMac and Mac Pro) and laptops (MacBook Pro and MacBook Air), among other products.
Dave Smith
Jun 07, 2012
Australia released its Q1 GDP data at 1.3%, smashing expectations of 0.5% according to a Reuters poll.
Sonny Kwon
Jun 06, 2012
Thousands of government officials suspected of being corrupt have fled China in the past decade. They've taken billions with them, and have no intention of bringing them back
IBT Staff Reporter
Jun 06, 2012
Giving is as good for your own soul as it is for the people you help. If you don?t have the cash, do what 43 percent of American?s do -- volunteer to help a non-profit that helps others.
Marc Joseph
Jun 06, 2012
The emergence of drug-resistant or superbug strains of gonorrhoea is caused by unregulated access to and overuse of antibiotics, which helps fuel natural genetic mutations within the bacteria.
Roxanne Palmer
Jun 06, 2012
Such precautions were undertaken because communications devices had been hacked during previous ministerial visits to China.
Palash Ghosh
Jun 06, 2012
It will be your last change to catch a glimpse of one of the rarest cosmic spectacles -- the slow movement of the planet Venus across the face of the sun.
Johnathan Davis
Jun 05, 2012
Asia's newest long-haul budget carrier Scoot took off on its maiden flight from Singapore to Sydney Monday, using a novel approach to saving fuel: iPads.
Mark Johanson
Jun 05, 2012
Citing lax laws and concerns about their water supply, farmers in Australia are pressuring lawmakers to impose a moratorium on the controversial drilling technique known as fracking.
Pierre Bertrand
Jun 05, 2012