CHINA

Punters in London pubs say the power station is cursed, but its latest purchase is far from extraordinary. The influx of Asian and Arab investors to England -- as well as to the United States, France, Greece and elsewhere -- is emblematic of the current economic state of the world.

The Shanghai Cooperation Organization, meeting in Beijing, offered statements of support for Teheran. That's bad news for American, and Western, influence in Central Asia

Global stocks rose Thursday after China unexpectedly cut its interest rate and continued rising even after Federal Reserve Chairman Ben Bernanke declined to commit to more economic intervention to boost the U.S. economy.

Sino-Japanese joint venture National Electric Vehicle Sweden AB (NEVS) has paid a paltry 1.5 billion to 1.8 billion kronor ($210 to $250 million) for defunct Swedish carmaker Saab Automobile AB.

The price of gold on the New York Mercantile Exchange fell by more than 2 percent on Thursday, ending six days of consecutive price increases so far this month.

Singh wants the Indian economy to be humming along at 9 percent annual growth again.

Stocks jumped at the open on Thursday after China's central bank cut bank lending and deposit rates, fueling hopes of simultaneous action to aid a flagging global economy.

In 2009, the Economist Intelligence Unit devised an acronym for six emerging countries, CIVETS, which includes Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa. These countries were categorized as the six countries with the best chance of high, long-term growth.

The outflow from India-focused funds reached an alarming rate in May amid concerns about the sharp fall of the Indian rupee against the dollar and sluggish policy reforms from the government, according to a report.

Hong Kong shares advanced Thursday, following solid gains on Wall Street overnight on hopes that major central banks including the US Federal Reserve might act to tackle deteriorating global economic conditions.

Syrian rebels Thursday accused troops loyal to President Bashar al-Assad of massacring dozens of people, including women and children, just a few hours before a United Nations Security Council (UNSC) meeting was to evaluate the crisis in the country.

Futures on major U.S. indices point to a slightly higher opening Thursday ahead of the report on weekly jobless claims and Fed Chairman Ben Bernanke?s congressional testimony.

Asian markets rose Thursday amid hopes that the U.S. Fed would announce another round of monetary easing and European policy makers would take concrete measures to tackle the debt crisis looming over the euro zone.

Syrian troops and militiamen loyal to President Bashar al-Assad stood accused by opponents Thursday of a new massacre of scores of villagers, hours before the United Nations Security Council convenes again review the crisis.

Mexican President Felipe Calderon has signed into law climate change legislation that will bind the country to significant cuts in greenhouse gas emissions. Only Great Britain has done the same

The naval standoff between China and the Philippines is winding down, but the tensions between the two countries aren't -- and Beijing, despite being vastly more powerful, hasn't come away with the upper hand

Australia released its Q1 GDP data at 1.3%, smashing expectations of 0.5% according to a Reuters poll.

Thousands of government officials suspected of being corrupt have fled China in the past decade. They've taken billions with them, and have no intention of bringing them back

American truckers in the last three months are hauling more freight and spending more time on the road as fuel prices stabilize and more materials are getting transported, industry indexes are showing.

Iran has once again criticized nuclear watchdog group the International Atomic Energy Agency, this time for acting like an intelligence organization.

We need to deepen our defense and security co-operation, and this is why I have come to India, Panetta said.