While Asian stocks extended their recovery Friday, European shares failed to hold on to their modest early gains.
Chinese stocks rose sharply after a state pension fund said it will invest over $300 billion in the stock market. Only Hong Kong bucked the trend.
China needs to make its service sector more "open, dynamic and innovative" by giving foreign service providers a "level-playing field," an American nonprofit said.
The Chinese government is seeking to limit political fallout following criticism of its handling of the stock market crisis.
China's slowdown is providing Indian exporters with new problems as well as new opportunities.
Wisconsin Governor and GOP presidential hopeful Scott Walker criticized President Barack Obama's stance on the Middle East and promised stronger military action.
Australia will fail to meet its greenhouse gas emissions reduction targets under current policy measures, according to a new analysis.
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