The European summit may have increased investor confidence, but weak consumer spending across Europe, along with the rise of the dollar against the euro, is slowing down the global economy, pushing many companies to trim their earnings forecasts.
Old allies have a new mission: rebuilding the Cuban economy
To some extent, monetary easing has been accommodated because of stable-to-lower inflationary pressures.
Western human rights group including the British-based Amnesty International, has condemned China?s brutal policies in Xinjiang.
But Russia is apparently getting tired of Assad?s slow pace of reform and the continuing violence against unarmed civilians.
From city hospitals to tiny rural clinics, India's public doctors will soon be able to prescribe free generic drugs to all comers, vastly expanding access to medicine in a country where public spending on health was just $4.50 per person last year.
The United States will file an unfair trade complaint with the World Trade Organization against China for its duties on U.S.-made car imports.
Asian stock markets declined Thursday as market participants remained cautious ahead of the European Central Bank (ECB) and Bank of England's (BOE) policy decision meetings later in the day.
Samsung is the number one brand among Asian consumers, according to the Campaign Asia-Pacific 2012 Asia's Top 1000 Brands report.
Asian markets fell Thursday with the revival of investor concerns about the euro zone?s debt crisis intensifying and the economic downturn deepening.
Four Filipinos, two Salvadoran women and a Palauan born in the tiny island republic in the middle of the Pacific Ocean were among the young men and women who chose to serve a country that had not yet recognized them as citizens -- until this Fourth of July.
70 years ago Wednesday, one of the legendary fighter squadrons of World War II disbanded. A restaurant, of all things, remembers the heroic feats of the American pilots, but to find it you'll need to travel to a faraway part of China.
China has forbidden Olympic athletes from eating beef, lamb and pork lest additives in the meat turn up in blood samples as banned drugs. There's only one problem: the athletes say the new diet is to blame for losses.
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.
Asian stock markets mostly advanced Wednesday on hopes that major central banks around the world would act to tackle the deteriorating global economic conditions.
Though China's services activity grew in June, it declined to a ten-month low, according to the HSBC Purchasing Managers' Index (PMI) released Wednesday.
Asian markets rose Wednesday as investors continued to be hopeful that central banks all over the world would soon announce stimulus measures to tackle the weakening global economy.
Did you know that fireworks date back even farther than the first Independence Day celebration? Here's a history and slideshow of pictures the best firework displays over the years in honor of the 4th of July.
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.
The U.S.A. remains the world's richest country, with more wealth than the combined treasures of the next four richest nations -- Japan, China, Germany and the UK. And most of its wealth comes from the potential of its people.
Neither sanctuaries nor moratoriums have stopped Japanese crews from killing hundreds of whales every year in the waters surrounding Antarctica.
The birthplace of Jesus, the site of Xanadu, the iconic landscape of Rio de Janeiro, and a ninth-century mosque are among new additions to UNESCO's renowned World Heritage List.
