Despite criticisms during his first term, the South Korean was unanimously voted in for a second time.
The Houston Rockets are the team with all the trading chips in the world on draft night with multiple picks this year and next year.
At one point the imbroglio threatened to break out into armed conflict.
China finally released controversial pop-artist Ai Weiwei on bail, according to state media.
Freshly-declared presidential candidate Jon Huntsman said Wednesday that President Barack Obama has been too timid in withdrawing troops from Afghanistan, distancing himself from his former employer.
Internet search company Google became the first company to register one billion visitors to its website in a month, according to the data released by ComScore.
Do we want to see another first in 2012? Mitt Romney and Jon Huntsman may realize that dream, by becoming the first Mormon president ever.
Airbus was set to announce a record $16 billion plane order at the Paris Air Show on Wednesday as the EADS unit racks up sales of a revamped version of its top-selling single-aisle aircraft.
On Tuesday, Encana announced its $5.4-billion joint venture agreement with PetroChina to develop the Cutbank Ridge assets had failed during almost a year of talks.
Apple is ready to introduce a new iPhone in September, with a stronger chip for processing data and a more advanced camera, according to sources from Bloomberg.
The next generation of Apple's smartphone -- whether called the iPhone 4s or the iPhone 5 -- is starting to hit factories, analyst say, winding up for a September release date.
Yahoo Inc, China's Alibaba Group and Japan's Softbank Corp said on Wednesday they have made substantive and encouraging progress toward an agreement over the ownership of the Chinese company's Alipay e-payment unit.
Jon Huntsman declared his candidacy for 2012 presidential nomination from the Republican party.
The evidence of double-dip recession in the US economy is growing, with the latest indicators reflecting deteriorated economic conditions not seen in the past three decades.
Australia's government unveiled legislation on Wednesday to crack down on cybercrime in the wake of recent cyber attacks on multinational companies and institutions, from Google to the International Monetary Fund and the U.S. Senate.
Mark Kelly, the husband of Rep. Gabrielle Giffords, D-AZ, said Tuesday that he will be retiring from NASA after 25 years of working with the space agency.
Germany's Daimler warned of increasing economic risks in emerging markets such as China that could cause the auto industry's growth engine to sputter.
Former Utah Gov. Jon Huntsman launched his campaign for U.S. president Tuesday with a creative ad that, if nothing else, will certainly have political operatives and voters talking.
Chinese manufacturers are set to take a significant bite out of the global market for short-haul planes by 2016, and will then catch up with Airbus and Boeing, the head of Europe's largest low-cost airline said on Tuesday.
President Bashir is wanted by the International Criminal Court for genocide and war crimes. He will be hosted in Beijing for three days next week.
Lady Gaga arrives in Japan, goes simple with bald cap, and attends the MuchMusic Awards in Toronto on Sunday.
Small Indian carrier GoAir has placed a contract valued at $7.2-billion to purchase 72 airplanes from Airbus – a reflection of soaring aircraft demand in the subcontinent.
