CHINA

To be sure, long-term, the U.S. budget deficit must be eliminated. But if policy makers cut federal spending too much, too soon during a period of weak demand, the result will be another recession.

The Chinese people are in mourning after two high-speed trains collided on Saturday.

In support of rock legend Gregg Allman and R&B artist Natalie Cole's battle with Hepatitis C, the Allman Brothers Band put on a star-studded benefit show at New York's Beacon Theatre. Roughly 130 million injection drug users worldwide suffer from hepatitis C, according to a study published online by World Health Organization said on Tuesday, "World Hepatitis Day."

Images from the China train wreck site, as Premier Wen Jiabao makes visit.

Ryan Lochte became the first swimmer to break a long course world record since controversial polyurethane swimsuits were banned last year while James Magnussen ended a far longer Australian wait at the world championships Thursday.

Volkswagen predicted a significant rise in operating profits this year driven by strong demand around the world for its Audi and VW cars.

Only a very small portion of these people are receiving anti-viral drugs to treat their condition.

Public health officials say roughly 130 million injection drug users worldwide suffer from hepatitis C, according to a study published online by World Health Organization said on Tuesday in The Lancet, which coincides with 'World Hepatitis Day.'

A new report from paleontologist Xing Xu and his colleagues at the Institute of Vertebrate Paleontology and Paleoanthropology in Beijing, detailed the finding of a similar species, called Xiaotingia zhengi, dating back 155 million years to the Jurassic Period.

Fear the United States will lose its AAA credit rating or even default on its debt is driving foreigners away from U.S. assets, and the dollar is taking the biggest hit.

Exxon Mobil Corp, the world's largest publicly traded oil company, reported a higher quarterly profit that missed Wall Street estimates as its international refining business and output fell short.

A tropical storm moving through the Philippines on Wednesday has killed 27 people and left more than 60 injured or missing, according to a government disaster response agency.

The rising super swimmer of the U.S. did it again. Ryan Lochte once again overpowered 14-time Olympic gold medalist Michael Phelps in the World Swimming Championship in Shanghai on Thursday.

The crash was due to a "signal failure," according to Chinese officials.

The personal information of 35-million South Koreans were compromised by a massive hacking that is being blamed on the Chinese.

Barbadian singer Rihanna has been named 'Woman of the Year' by Italian Vogue.

Asia's small, export-driven economies look most vulnerable to the threat of a deeper U.S. economic slump, which could materialize even if Washington manages to avert a debt default.

South Korea' communications regulator said Thursday hackers from China had attacked an Internet portal and blogging site operated by SK Comms, accessing the personal information of up to 35 million users in what could be the country's biggest cyber attack so far.

Archaeopteryx, the legendary winged creature long known as the oldest and most primitive bird on Earth, may not have been a bird at all, Chinese scientists reveal.

Swish bank UBS said on Thursday it has set up an asset management unit in Beijing to tap China's rapidly-growing $650 billion private equity market.

China will press ahead with diversification of its $3.2 trillion in foreign exchange reserves, and does not pursue large-scale currency holdings, the State Administration of Foreign Exchange said on Thursday.