CHINA

Holding interest rates steady, Federal Reserve Chair Janet Yellen painted an American economy yoked to the ups and downs of world markets.

The move seemed to indicate that the U.S. was cooperating in a crackdown on corruption in China. It was the first suspect extradited to China from a list of 100 wanted individuals.

China's increasingly assertive action to back up its sovereignty claims in the South China Sea have included land reclamation and the construction of ports and air facilities on several reefs in the Spratly Islands.

Chinese experts say Japan will now be able to engage in overseas military actions -- and say China should be on guard against Japanese militarism.

The winner of a contract worth about $73 billion to build a new long-range bomber will be announced in the next few weeks, according to an Agence France-Presse report.

Earlier Friday, the Bank of Japan's concerns over China's economy pulled the Nikkei 225 index down nearly 2 percent.

The U.S. Cyber Command said it is creating an automated anti-hacker "scorecard" system that will identify weaknesses in the military's computer networks.

U.S. averages jumped more than 1 percent after initially fluctuating following the central bank's statement. 

The Fed has held rates at historic lows since 2008 in the midst of the Great Recession to help the economy emerge from a near collapse.

A sophisticated hacking group believed to be working for the Russian Federation has been attacking Western government institutions for years, a report says.

The Fed's decision not to raise interest rates saved emerging markets from what the World Bank's chief economist called "panic and turmoil."

The Fed decided not to raise a key interest rate Thursday, but U.S. oil prices would not have changed much even if rates had been hiked.

A plunging currency and slumping economy will exacerbate the South American country's challenge of rebuilding from Wednesday's magnitude-8.3 temblor.

“They don’t have a lot of experience in this market stuff,” Lloyd Blankfein said.

An agreement has been reached to construct a high-speed railway that can shuttle passengers between a Los Angeles suburb and Nevada's gambling capital.

The U.S. central bank's imminent decision on whether to increase the currently low cost of borrowing is keeping many markets on tenterhooks.

The village officials surrendered their passports and travel documents to help authorities monitor their assets.

Markets braced for a highly anticipated announcement from the U.S. central bank that could mark the first interest rate hike in nearly a decade.

The warning comes as Taiwan prepares for a crucial presidential election in January, in which the island's pro-China party is expected to be defeated.

A China expert says there is chance of achieving some consensus on cybersecurity and the South China Sea dispute -- but U.S. should not "push China."

Lyft has received a $100 million investment from Chinese ride-hailing company Didi Kuaidi which will allow users to hail taxis from either company in their native apps.