CHINA

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China to keep buying U.S. Treasuries: report

China, the largest foreign holder of U.S. government debt, will keep buying U.S. Treasuries, the official People's Daily, the ruling Communist Party's mouthpiece reported on Tuesday, citing government researchers.

Euro zone contagion spreading: World Bank chief

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The head of the World Bank on Monday said a drop in investor confidence was already feeding through to developing nations from a growing debt crisis in advanced economies and urged cooperative action.
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Mongolia's President Defends Mining Ban

Mongolia's law banning mining in the country's river and forest areas is necessary to protect the mineral-rich Asian country's environment and herdsmen's livelihoods, President Tsakhia Elbegdorj said on Monday.
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Zambian opposition leader Michael Sata leaves an election results centre in Lusaka

Zambia deploys police on eve of close election

Zambia's police chief deployed thousands of officers across the southern African country on Monday, the eve of a closely contested election between incumbent Rupiah Banda and nationalist opposition leader Michael Sata.
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BRICS countries bought EFSF debt: report

The BRICS emerging market powerhouses have already bought debt through the European Financial Stability Facility and could buy more, a potential help to struggling euro zone economies, a Brazilian newspaper reported on Monday.
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Beyond the gloom, reforms bode well for growth

Largely unnoticed by markets riveted by the drama of the day, more and more countries are successfully implementing complex, politically treacherous reforms needed to raise their long-term economic growth rates.
Earthquakes have recently struck Alaska and Southern California

10 Deadliest Earthquakes in the Past Century

There have been a number of high-profile earthquakes in the last month, including ones in India, Japan, Cuba, Indonesia and the United States. Here are the ten worst quakes over the past 100 years.
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BRICS nations already buying EFSF debt: report

The BRICS emerging market powerhouses have already bought debt through the European Financial Stability Facility and could buy more, a potential help to struggling euro zone economies, a Brazilian newspaper reported on Monday.
North Korea nuclear talks

China makes new push for North Korea nuclear talks

China urged regional powers on Monday to restart moribund nuclear disarmament talks with North Korea, with its foreign minister Yang Jiechi defending Beijing as an honest broker seeking to defuse confrontation with Pyongyang.
India earthquake

India Earthquake: Death Toll Exceeds 50

The death toll has risen to 53 people in Sikkim, India, where a 6.9 magnitude earthquake hit Sunday night. About ten of the deaths occurred in Nepal, primarily in the capital of Katmandu, where a series of building collapses trapped people under debris.
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Airbus lifts demand forecasts on Asian growth

Global airlines will buy $3.5 trillion of aircraft over the next 20 years to meet relentless demand for travel to and from Asia's burgeoning megacities and renew aging fleets in the West, Airbus said on Monday.
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Biggest Defence Contractor in Japan Hit by Cyber Attack

Hackers gained access to the computers of the biggest defense contractor in Japan, the manufacturer of Patriot Advanced Capability 3 missiles, targeting the submarine, missile and nuclear power plant component factories.
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Japan's defense industry hit by its first cyber attack

Japan's biggest defense contractor, Mitsubishi Heavy Industries Ltd, said on Monday hackers had gained access to its computers, with one newspaper saying its submarine, missile and nuclear power plant component factories had been the target.
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Rough diamond demand growth to hit record

Diamond producer De Beers expects global demand growth for rough diamonds to set a new record this year on the exceptionally strong performance of its key U.S. market and robust demand in China and India, the head of the company's distribution arm said.

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