The European Central Bank stepped into bond markets on Monday, backing up a pledge to support Spain and Italy with the aim of averting financial meltdown in the euro zone, while the G7 and G20 offered soothing words to investors shaken by a historic downgrade of the U.S. debt rating.
A new global financial crisis would hit Asia harder than the last one, especially nations heavily exposed to offshore markets or still repairing budgets from the 2008-2009 crisis, credit ratings agency Standard and Poor's said on Monday.
It may have started out as a time-travel mystery starring dinosaurs, but Fox television now appears to be repositioning its pricey new "Terra Nova" series as a family adventure.
Resource nationalism is the biggest threat facing the mining sector this year and next as governments seek to take advantage of higher commodity prices to try to restore fragile finances, advisory and accountancy firm Ernst & Young (E&Y) said on Sunday.
Lucille Ball remembered on her 100th birthday which was celebrated with around 900 Lucille lookalikes gathering in her hometown.
More than 900 red-lipsticked, redheaded women -- and men -- gathered near a "Vitameatavegamin" sign in the hometown of "I Love Lucy" star Lucille Ball to mark her 100th birthday on Saturday with a world record for most Lucy look-alikes.
In the event Monday witnesses a massive sell-off of Treasuries, bond yields would surge.
?We have total confidence in the solidity of the American economy,? Baroin told French radio.
Perhaps the downgrade was not too much of a surprise.
For more than a century, mysterious crop circles have baffled scientists and farmers with its complex patterns and sophisticated shapes.
Gold jumped more than 1 percent and metals market plunged on Friday as investors sought safe havens and fled riskier assets on worries over slowing global economic growth.
Independent filmmaker Rick Mereki has created three minute-long films about the essence of travel, titled "MOVE," "EAT," "LEARN," that have gone viral on the Web.
A look at the upcoming Grand Slam tennis tournament.
An Australian research firm will be on a one-year project to analyze the smell of urine of dingoes, a threatened wild dog species, to manage the pest animal's activities in farms and villages.
The top after-market NASDAQ Stock Market gainers are: AMERCO, Shutterfly, priceline.com, Carrizo Oil & Gas, and Spreadtrum Communications. The top after-market NASDAQ Stock Market losers are: MIPS Technologies, Cogo Group, Rubicon Technology, Penson Worldwide, and TTM Technologies.
They are a rag-tag bunch, often working from home or tiny offices scattered round the world, from rural Texas to Beverly Hills and a suburb near Australia's Bondi Beach.
After serving as host of the telethon since 1966, comedian Jerry Lewis has been pulled from the Muscular Dystrophy Association?s annual Labor Day fundraiser.
Australia declared itself well positioned on Friday to take additional measures to bolster the economy should turmoil in world markets turn into a re-run of the 2009 global financial crisis.
Fluor Corp (FLR.N), the largest publicly traded U.S. engineering company, posted unexpected second-quarter profit growth and said its backlog of work surged to a new record, lifting its stock by 7 percent.
Former British Open champion Louis Oosthuizen is looking for a spark to reignite his game at this week's WGC-Bridgestone Invitational after escaping injury in a traffic accident while preparing for the tournament.
The British band played Winehouse?s hit song at their L.A. show.
It appears that wallabies stoned on opium are making crop circles in Australia.