Monti Blames 'Northern' Countries For Spiking Bond Yields In Italy, Spain
Italian Prime Minister Mario Monti said on Sunday the return of sovereign bond yields to dangerous levels last seen before the European Union summit in June is a concern and needs to be addressed by euro zone finance ministers.
New Great Game Being Played In Afghanistan, Without The US
China and India are set to sink billions of dollars into Afghanistan, perhaps the world's last great untapped center for natural resources. Where is the U.S.?
China's Three Gorges Dam Fully Operational, But Still Controversial A Decade After Coming Online
Eighteen years after China first started construction, nine years after it first started producing electricity, the world's largest power station is now, finally, fully operational.
Proxy Adviser Urges Defeat Of RIM Board Member
Investors in Research In Motion Ltd should not re-elect one-time lead director John Richardson to the board of the struggling BlackBerry maker at Tuesday's annual meeting, proxy advisory firm Glass Lewis said.
Yahoo CEO Search Reportedly Down To Levinsohn, Hulu's Kilar
The race to become Yahoo Inc's next chief executive appears to have come down to two candidates: current interim CEO Ross Levinsohn and Hulu CEO Jason Kilar.
Raul Castro Debuts In Beijing, Looking For Much-Needed Support
Old allies have a new mission: rebuilding the Cuban economy
Report On Fukushima Nuclear Disaster Says It Was Man-Made -- And Questions Japanese Culture
A major study released by Japan's first-ever independent commission appointed by Parliament says the nuclear disaster was ultimately caused by government-business collusion but lays blame on Japan's society as well.
France Slaps 7B Euro Taxes On Rich And Big Firms
France's new Socialist government announced tax rises worth 7.2 billion euros on Wednesday, including heavy one-off levies on wealthy households and big corporations, to plug a revenue shortfall this year caused by flagging economic growth.
China's Navy Gathers Good Will Off Somalia
Chinese, Indian and Japanese navies in the Gulf of Aden show a sense of pragmatism and cooperation among their forces, but wariness of China's military is unlikely to lift anytime soon in East Asia.
The Chinese Government Grows A Soft Spot For Sharks
The government says it's taking shark fin off the state menu, but the rest of the country still hasn't lost its taste for the delicacy.
Russia And Japan At Odds Again Over Remote, Energy-Rich Kuril Islands
The Kurils are a chain of islands four thousand miles from Moscow, with horrible weather and a sparse, poor population. But they are on Japan's doorstep, and promise mineral and natural riches - and that's why Prime minister Medvedev is there
China And Western Media: Getting Closer, But Not Friends Yet
The rocky relationship between the Chinese government and the Western media is changing, as Chinese-language editions multiply. Meanwhile, Chinese media are eyeing the West too.
China's June Official Services PMI Up To 3-Month High
China's services sector expanded at its fastest pace in three months in June, an official survey showed on Tuesday, but left intact market expectations that Beijing will deliver more policy measures to support growth in the near future.
Asian Shares Inch Up As Weak Global Factory Data Boost Fed Hopes
Asian shares inched up on Tuesday as manufacturing data around the world highlighted the drag on growth from the protracted euro zone debt crisis, raising expectations for the Federal Reserve to take further steps to underpin the fragile economy.
Can Pandas Be Used As A Diplomatic Weapon?
Tokyo's firebrand governor Shintaro Ishihara and the Chinese Foreign Ministry are at it again. This time it's over the naming of a pair of panda bears. Really.
Barclays Chairman Reported Quitting In Interest Rate Scandal
Barclays Chairman Marcus Agius is expected to resign on Monday over the Libor interest-rate scandal, the BBC and the Guardian said on Sunday.
15 Years After Handover, Hong Kong Is Still Uneasily Chinese
The Fragrant Harbor was passed from British to Chinese sovereignty on July 1, 1997. Today, it's still torn between its Western-style freedoms and the Beijing model.
Spain Shrank Again in Second Quarter; Government To Push Reforms
Spain's economy shrank further in the second quarter but looks set to stabilize over the rest of the year while the government continues to push structural reforms and budget austerity, Economy Minister Luis de Guindos said on Sunday.
China's Official June PMI Hits 7-Month Low
China's factory downturn worsened in June as a key activity index hit a seven-month low; the report is expected to raise expectations that the central bank may seek more policy easing.
Syria Vs. NATO: A Breakdown Of Forces
How powerful is the Syrian military? How do Western nations stack up against it? And would it be wise to intervene in the first place?
South Korea And Japan Set To Sign Historic Defense Agreement
The two countries are set to sign a historic General Security Military Information Agreement (GSOMIA) to allow classified military intelligence sharing on Friday.
Forced Abortion Scandal Highlights Chinese Anger At One-Child Policy
A grim tale of local abuse heats up tempers over China's population control policy.
Asian Shares Edge Up On U.S. Data; Euro Vulnerable Before EU Summit
Asian shares rose on Thursday on encouraging U.S. economic data, but prices could falter with markets tense ahead of a European summit deeply divided on how to tackle the protracted euro zone debt crisis and stop it spreading further.
Stockton, Calif. To File For Bankruptcy, Becoming Largest U.S. City To Go Broke
Stockton, California, is expected to file for bankruptcy before the end of the week, becoming the largest U.S. city to seek protection from its creditors.
China Is Making A Big Splash In America's Backyard
Latin America and China are closer than ever, and Prime Minister Wen Jiabao is touring the continent with a bucketful of money. Everybody wins? Some critics are skeptical
Unprecedented Drought May Have Already Led To 20,000 Deaths In North Korea Since April
Both North and South Korean meteorological officials are reporting that a current drought affecting the Peninsula is the worst it has experienced in over 100 years.
Call It What It Is: A Civil War In Syria
What is so special about the term civil war, and why are governments, media and analysts shying away from openly using that label to describe what's happening in Syria?
Moody's Cuts Spanish Banks On Sovereign Downgrade
Moody's Investors Service on Monday downgraded the long-term debt and deposit ratings for 28 Spanish banks and two issuer ratings, following on the heels of a cut to Spain's sovereign rating to just above junk status earlier this month.
Could The Syrian Downing Of A Turkish Jet Bring In NATO?
In the wake of the Syrian downing of a Turkish F-4 Phantom reconnaissance jet on Friday, there has been a great deal of restraint, but it appears Ankara's patience with Damascus may be wearing thin.
Madoff Associate Ezra Merkin Reported Settling New York State Suit For $410M
Money manager Ezra Merkin has agreed to pay $410 million to settle a lawsuit brought by the New York attorney general that accused Merkin of steering client money to Ponzi schemer Bernard Madoff, a person familiar with the settlement said on Sunday.