CHINA

The International Air Transport Association (IATA) announced an upward revision to its global outlook for 2012 Monday after improved global airline performance in the second quarter.

Facing his own presidential campaign, Venezuelan leader Hugo Chavez has endorsed U.S. President Obama.

Despite mild uptick in September's U.S. PMI, the deepening euro zone crisis will continue to weigh on the global economy.

The U.S. stock index futures point to a higher open Monday ahead of the Institute of Supply Management’s (ISM) Manufacturing Purchasing Managers’ Index data.

Asian stock markets were mixed Monday as the weak economic reports from China and Japan increased the concerns over the global growth slowdown.

Crude oil prices declined in Asia Monday as weak economic reports from China and Japan dampened sentiment.

China's manufacturing activity in September continued to remain in the phase of contraction, increasing the concerns over the slowdown in the economic growth of the world's second largest economy.

Japan's Nikkei Stock Average fell Monday as investor confidence was weighed down by the rising concerns about the worsening global economic conditions following the disappointing data which showed the weakening Japanese business conditions and Chinese manufacturing activity.

The factory slump in the world’s second-largest economy continues as China's Manufacturing Purchasing Managers Index, or PMI, rose to 49.8 in September from 49.2 in August.

Asian stock markets ended mixed last week as concerns over the euro zone crisis and Chinese economic growth weighed on the sentiment. The ambitious Spanish budget and hopes of stimulus measures from China lifted market sentiment during the second half and limited losses for the week.

With China’s economy slowing down as a result of weakness of investment and export demand, market participants are calling for urgent policy easing measures to bolster economic growth.

Asian markets were mixed in the week as investors maintained a cautious mode waiting to find if the debt crisis in the euro zone, which is weakening the global economic growth, will undermine the stimulus measures announced by policy makers around the world.

Bo Xilai, once considered a contender for the highest post in the Chinese government, has been officially expelled from the Communist Party, or CCP, and now expects to face justice, according to state media.

The euro zone's largest and strongest economy, Germany, is showing signs of weakness as exports fall.

U.S. coffee chain Starbucks Corp (Nasdaq:SBUX) will launch its first coffee shop in India by the end of October with Tata Global Beverages, John Culver, president, China and Asia Pacific, said Friday.

China's three decades of miraculous GDP growth is over because the recent slowdown is largely structural in nature.

Asian stock markets mostly advanced Friday as investors welcomed Spain's new budget plan, which includes more spending cuts and tax increases.

Chinese naval ships have carried out patrolling and military training in waters off disputed islands held by Japan, the Defense Ministry said Thursday.

Starbucks Corporation (NASDAQ:SBUX) has been aggressively pursuing global expansion. Coffee-hungry Scandinavia is its next target.

An elite Chinese Communist training school is using Maggie Thatcher as a role model and icon.

Pakistan's Foreign Minister Khar spoke in New York while her personal life appears to be coming undone back home.