China's Premier Wen Jiabao cut the country's growth target to 7.5 percent for 2012 in a bid to find leeway for promised economic and welfare reforms while delivering stability ahead of a leadership transition later this year.
U.S. bank Wells Fargo has drawn up plans to build up its overseas operations and wants to expand into 20 markets worldwide, the Financial Times reported on Monday.
As Apple's special media event on March 7 approaches--where many expect the company to reveal the iPad 3--techies around the world are speculating what a new Apple tablet device might look like. One Chinese tech blog, M.I.C. Gadget, claims to have specific details about the design of a new Apple device just days before the company's special event. The blog has partially constructed what it purports to be the iPad 3 using what it claims to be authentic supplier parts.
India has enjoyed generally benevolent relations with the Jewish state.
The West and the Middle East have long had a strained political relationship. But when it comes to architecture, a more fruitful partnership has emerged.
The Red Cross delivered emergency aid to areas around the battered Baba Amro district of the Syrian city of Homs on Sunday, but was blocked for a third day from entering the former rebel bastion amid reports of bloody reprisals by state forces.
Read Obama's address to the American Israel Public Affairs Committee conference, where he talks about his commitment to Israel and the dangers of Iran's nuclear program.
The U.S. Federal authorities have charged 29 people involved in a $325 million operation of smuggling counterfeit goods from China.
Beijing to raise its military budget by 11.2 per cent for 2012, a move that will worry its neighbours Japan, India and other southeast Asian nations.
China will boost military spending by 11.2 percent this year, the government said on Sunday, unveiling Beijing's first defense budget since President Barack Obama launched a pivot to reinforce U.S. influence across the Asia-Pacific.
China will increase its defense spending by 11.2 percent this year, a government representative said on Sunday when the country disclosed its military budget. It will spend 670 billion yuan ($106.4 billion) on defense in 2012, which represents an increase of $14.4 billion over the $92 billion spent on the military in 2011.
Syrian forces continued the bombardment of Homs as the Red Cross aid convoy still awaits permission to help the hapless civilians.
Syrian forces bombarded parts of the shattered city of Homs on Saturday and for a second day blocked Red Cross aid meant for civilians stranded for weeks without food and fuel in the former rebel stronghold.
Tajikistan blocked local access to Facebook and two Russian-language sites that published an article critical of its long-serving president on Saturday, representatives of two Internet providers said.
China's top grain trader, COFCO Group , will seek to list its commercial property unit in Hong Kong, its chairman told Reuters on Saturday, without clarifying the timing or scale of the offering.
A faction of the Pakistani Taliban claimed responsibility on Thursday for the killing of a Chinese woman this week, saying it was in revenge for China's killing of Muslims in its troubled northwestern region of Xinjiang.
Nomura Holdings and billionaire investor George Soros have cut their stakes in Taishin Financial to about 1 percent each from about 3 percent last year, marking the latest exodus by foreign investors from Taiwan's over-banked market.
The week ahead will largely be defined by two major events. First, on Friday, the February U.S. nonfarm payrolls report will be released, providing important data about the economic recovery. Second, also on Friday, euro-zone finance ministers will hold a conference call to decide whether Greece can get its second, €130 billion ($175 billion) bailout.
The International Committee of the Red Cross calls Syria's actions to block much needed aid to Homs district unacceptable.
Rising liquidity on both sides of the Atlantic boosted global bond prices Friday but equities took a breather after climbing in recent months, in one case to a four-year high, on light volume.
A stolen NASA laptop contained security codes to the International Space Station. It was one of 48 laptops stolen between April 2009 and April 2011.
Ocean acidification is worst it has been in 300 million years and could cause the extinction of coral reefs and other species, according to a new study.
