Amid mutual political and economic pressures, the U.S. and China are pushing each other to change economic and trade policies seen by each side as being disadvantageous to trade and economic growth.
The 50th annual National Day of Prayer is upon us, and President Barack Obama has asked the U.S. faithful to collectively summon their religious zeal, praying for the greater good of the nation and the world. Here are five things that may slip your mind when asking for the benevolence of your Lord.
A successor the Titanic may be coming from China, funded by Australian money. But not everybody is convinced the project will succeed.
General Motors Company (NYSE: GM), the world's largest auto company, reported profits down 69 percent for the first quarter, but the loss resulted from outsized, one-time profits the year before. Overall performance for the company was strong, with revenue driven 4.4 percent higher by strong U.S. sales and improved global margins.
Asia is doubling the size of its foreign currency reserve safety net to $240 billion, finance ministers and central bank officials announced Thursday following a 13-nation meeting in Manila. The reserve funds a multilateral currency swap agreement aimed at protecting Asian markets from global economic crises.
Up until now, India had adamantly opposed sanctions against Iran.
Sudan Thursday expressed hopes that South Sudan will respond positively to the African Union (AU) and United Nations (UN) calls to establish peace between the warring nations and steer clear of likely sanctions.
Asian stocks fell Thursday as weak economic data from the Eurozone and the US raised concerns over the strength of global economic recovery.
Samsung, the Korean electronics giant, has notched up significant traffic on the Internet lately thanks to the overwhelming amount of speculations, anticipations created by its next iteration of Galaxy phone, Galaxy S3. While speculations are uncountable, we have tried to be picky about some of the features we are certain about. Check out the list of all the more-or-less expected features of the Galaxy S3 like 4.8-inch Super AMOLED Plus screen, Ice Cream Sandwich OS, 1.4GHz Exynos 4 Quad process...
Asian stock markets declined on Thursday as weaker-than-expected economic reports from the US and Europe dampened investor sentiment.
In a major victory for the US-EU led sanctions on Iran, the Indian government has asked top two importers of Iranian crude to cut their imports by at least 15 percent this year, the Wall Street Journal WSJ reported, quoting industry sources.
BMW, the world?s largest maker of luxury vehicles, reported Thursday 19 percent rise in earnings in first quarter compared to the same period last year.
US Treasury Secretary Timothy Geithner said Thursday that China should allow its currency to increase in value against the dollar to support the reforms in the country's financial system.
Iran indicated Wednesday that it will seek the lifting of sanctions over its nuclear program in upcoming talks with world powers in Baghdad May 23, though it maintained that it has the right to develop nuclear energy for peaceful uses.
China's real estate prices have bene cooling off lately, but they remain hotter than anywhere else
A disappointing ADP Employer Services jobs report issued Wednesday, which showed a still-sluggish U.S. job market, drove U.S. and European markets down and signaled that a key report on employment at the end of the week could be grim.
?League of Legends,? the widely popular real-time strategy game released in 2009, will be concluding its second season of competitive play on October 13st. Publisher Riot Games revealed that players will have off for a $3 million prize pool, which is the largest prize in eSports history.
The U.S. tabled draft resolution, which seeks to apply economic sanctions on the two warring countries if they fail to de-escalate a growing border conflict, was presented to the five permanent members of the Security Council during a meeting in New York on Monday.
Hiring in the U.S. probably picked up somewhat in April after a disappointing showing in March renewed fears of another spring slump in the labor market, economists said in anticipation of the April non-farm payroll report due Friday.
Sanduk Ruit and his team of doctors at the center have developed a simple surgical technique to remove cataracts involving little equipment and instruments that can be used manually. No stitches are needed, and the technique can be used on a simple table in field camps.
Wynn Resorts, Limited (Nasdaq: WYNN) received approval to begin breaking ground at its 51-acre casino sight on Macau's Cotai strip, an approval that has been in limbo since March, the company said Wednesday.
The Chinese manufacturing sector continued to weaken in April, although its rate of deterioration slowed from March, as demand remained low and new business declined, according to HSBC and Martkit's China Manufacturing PMI survey Wednesday.
