CHINA

Sanctions, if approved by the Security Council, would mean asset freezes and bans on foreign travel.

The Chinese are benefiting from advances in transportation and communication, as well as policies established by the government,

President Barack Obama's campaign attacks GOP rival Mitt Romney for having a Swiss bank account and shipping jobs overseas in a new ad to play in the swing states of Ohio, Iowa and Virginia.

Samsung Electronics (NYSE: SSNLF) reclaimed the No. 1 rank in mobile phone shipments overall and in the smartphone sector, market researcher IDC reported.

The worldwide smartphone market grew by 42.5 percent year-over-year in Q1 2012, with South Korean technology giant Samsung overtaking Cupertino-based Apple for the smartphone leadership position.

Stunning clothes, exotic models and fabulous parties might sound like fun and games but peel back the glamorous layers and you quickly see that fashion is serious business. A serious billion dollar business, to be precise. Three brands offered up their recipes for success in the digital space to IBTimes Fashion & Life. Here is what they said.

For most people, pole dancing is pre-conceived as an exotic dance form restricted to the modern generation. However, for Sun Fengqin, her sixty years won't hold her back from performing.

Indian State run insurance companies will indemnify local ships carrying Iranian oil, enabling the country import oil from Iran, Reuters reported quoting Shipping Corp of India director.

Futures on major US stock indices point to a lower opening Tuesday ahead of economic data, which include ISM manufacturing index.

South Korea's inflation declined to a 21-month low as the exports declined for the second consecutive month in April.

Japanese stock markets plunged Tuesday as weaker-than-expected US manufacturing data and news that confirmed Spain has fallen into a double-dip recession weighed on the sentiment.

China?s manufacturing activity improved in April for the fifth straight month as economic conditions continued to strengthen, according to readings from a key gauge released Tuesday.

Nobel prize-winning Turkish writer Orhan Pamuk realizes a long-nurtured dream on Saturday with the opening of an actual Museum of Innocence - a collection of relics of a half-century of ordinary life - as depicted in his 2008 novel of the same name.

Lebanese intelligence officers are questioning crew members of a ship that set sail from Libya and was found to be carrying a cache of weapons that supposedly were intended to supply opposition forces in Syria.

Rescue workers fought heavy wind and rain to search for survivors after at least 103 people drowned on an overloaded ferry carrying about 300 people that sank at night on one of India's largest rivers on Monday, police said.

In a joint press conference with Prime Minister Yoshihiko Noda of Japan, President Obama called America's alliance with Japan a bulwark of regional stability and said China must couple economic growth with human rights reforms.

Team U.S.A. will face tough challengers in Argentina, France and Tunisia in Group A.

China pushes ahead with efforts to create a regional and global alternative to GPS.

The move would nullify planned sanctions banning EU-based ship insurers and re-insurers -- who cover 90 percent of the world's tankers -- from covering vessels carrying Iranian crude, the head of China's shipowners' association.

Driverless cars are closer than ever before to hitting the market, but concerns about liability for accidents may hamper progress.

Grupa ADV (Pink: GPVSY), a fast-growing Polish media and software group, expects international sales to double this year, said CFO Adam Kuszyk.