President Barack Obama has promised to raise the issue of the yuan's exchange rate during his visit this week to Beijing, putting the spotlight on a major bone of contention which has the potential to shake currency markets and diplomatic ties alike.
A Federal Reserve official said on Monday that the U.S. economy still faced significant weaknesses and urged policymakers to allow large financial institutions to fail if needed.
U.S. stocks rose sharply on Monday, adding to two weeks of gains, as data showed consumers spent more than expected in October and a decline in the U.S. dollar helped lift commodity prices and boost natural resource stocks.
The Russian and U.S. presidents said on Sunday they hoped to strike a new deal for arms cuts by the end of the year.
Lowe's Cos Inc, the second-largest U.S. home improvement chain, posted a 30 percent drop in quarterly profit as consumers put off big renovations as the U.S. housing market remains sluggish, sending shares down 2.1 percent in premarket trading.
India has put its nuclear power plants on alert and tightened security after intelligence about possible attacks, a report said on Monday.
Swedish fashion retailer Hennes & Mauritz (HMb.ST) posted an unexpected 3 percent drop at established stores in October, blaming weak sales in some of its major markets on the global downturn and knocking its shares.
Vaccination programs against H1N1 swine flu are under way in the United States, China and Australia and will begin soon in parts of Europe.
The United States has stepped up pressure on Pakistan to expand its fight against Taliban and al Qaeda militants, the New York Times reported on Monday, as a suicide bomber killed four people in the latest militant attack.
U.S. President Barack Obama said on Monday he hoped for improved China-Taiwan ties and said economic links had helped lower tensions over Taiwan.
Devon Energy Corp said on Monday it plans to sell its Gulf of Mexico and international assets and focus on its onshore fields in the United States and Canada.
President Barack Obama said on Monday that al Qaeda remained the biggest threat to U.S. security, as his aides stepped up pressure on Afghanistan and Pakistan to cooperate with Washington's strategy in the troubled region.
Secretary of State Hillary Clinton on Sunday urged Afghan President Hamid Karzai to do better if he wanted U.S. support, and that included creating a major crimes tribunal and anti-corruption commission.
U.S. President Barack Obama told Chinese students on Monday he did not fear their nation's rise, ahead of talks on trade imbalances and currency strains that underline the sometimes tense embrace between the two giants.
U.S. stocks opened higher on Monday, adding to two weeks of gains, as a decline in the U.S. dollar helped lift commodity prices and boost natural resource stocks, while data showed consumers spent more than expected in October.
Sarah Palin is stirring controversy with her new book even before it is on shelves, complaining she was all bottled up by advisers to Republican presidential candidate John McCain last year.
Criminal gangs are making millions of dollars out of the H1N1 flu pandemic by selling fake flu drugs over the internet, a web security firm said on Monday.
Wall Street was set to rise at the open on Monday, adding to two weeks of gains, as a decline in the U.S. dollar helped lift commodity prices and boost natural resource stocks while data showed consumers spent more than expected in October.
American squeamishness about talking about sex has helped keep common sexually transmitted infections far too common, especially among vulnerable teens, U.S. researchers reported Monday.
Sales at U.S. retailers rose more than expected in October as consumers bought more motor vehicles and other goods, but the previous month's figures were revised sharply downward, a government report showed on Monday.
Sales at U.S. retailers rose more than expected in October as consumers bought more motor vehicles and other goods, but the previous month's figures were revised sharply downward, a government report showed on Monday.
U.S. health regulators requested information from nearly 30 makers of caffeinated alcoholic beverages on why they believe their products are safe.
