Americans don't think often about Guam, a strategically important U.S. territory in the Mariana Islands where the military rules the economy. But without the federal government and its money, the island will experience an economic crisis.
Asian stocks fell Tuesday as optimism on the 100 billion euro ($125 billion) aid for Spanish banks faded, and markets failed to uphold the gains made Monday.
Japan's Nikkei 225 Stock Average fell Tuesday as the early investor excitement on the bailout for Spanish banks subsided to revive concerns about the debt crisis looming over the euro zone.
Asian markets reversed the previous day's hefty gains on Tuesday as a European bailout for Spain's debt-stricken banks failed to convince investors that the spread of the debt crisis in Europe will be halted.
Political and economic decisions over the next week have serious consequences for the country's future.
Asian markets rose Monday as investors were encouraged by the announcement of the Spanish bank aid deal and a report of less worrisome data from China over the weekend.
Japan's Nikkei 225 Stock Average rose Monday as euro zone finance ministers Saturday agreed to provide Spain with aid while May exports in China grew above expectations.
China's easy money and Spain's hard choice to accept a bailout of its cash-strapped financials sector appear to have market participants feeling pretty chipper in the early going on Monday.
Watch live coverage of Ireland's match with Croatia in Euro 2012, plus a full preview, team news and prediction.
Asian stock markets reported their first weekly gains in six weeks amid hopes that major central banks, including the U.S. Federal Reserve, might act to tackle deteriorating global economic conditions.
Crude oil production from the Organization of the Petroleum Exporting Countries (OPEC) rose 40,000 barrels per day (b/d) to 31.75 million in May, a new survey has shown.
Asian markets rose this week amid hopes that policy makers would take concrete measures to tackle the financial crisis and regain the economic growth momentum.
African governments -- and international animal-rights organizations -- contend the Chinese luxury consumer's appetite for ivory is driving a new wave of illegal killing of one of their continent's most iconic animals.
Sarah Outen, a British adventurer on a round-the-world bicycle, kayak and rowing race, has been rescued after being stranded in the Pacific Ocean. Outen was rescued by the Japanese Coast Guard in rough seas on the afternoon of Friday, June 8.
Asian markets fell Friday as investors were disappointed with U.S. Fed Chairman Ben Bernanke's lack of a commitment to additional monetary easing measures in his congressional testimony on the country's economic outlook.
Japan's economy grew more than the initial estimate in the first three months of the year from the preceding quarter, indicating that the country is slowly regaining the growth momentum.
Japan's Nikkei 225 Stock Average fell Friday as lack of indications of more monetary stimulus in the U.S. by the Federal Reserve undermined the interest rate cut by China.
Not a chance.
Now that Shawn Johnson is out of the way, it's Gabrielle Douglas's time to shine. The elite gymnast and two-time member of the U.S. National Gymnastics team is getting the attention of pretty much everybody, with her high-flying moves that she embraces with her uneven bars routine.
Global stocks rose Thursday after China unexpectedly cut its interest rate and continued rising even after Federal Reserve Chairman Ben Bernanke declined to commit to more economic intervention to boost the U.S. economy.
Asian markets rose Thursday amid hopes that the U.S. Fed would announce another round of monetary easing and European policy makers would take concrete measures to tackle the debt crisis looming over the euro zone.
The naval standoff between China and the Philippines is winding down, but the tensions between the two countries aren't -- and Beijing, despite being vastly more powerful, hasn't come away with the upper hand