Asian shares rose on Monday as surprisingly robust U.S. jobs data bolstered investor risk appetite, overshadowing worries about a lack of progress in Greek debt restructuring talks that are vital to containing the euro zone crisis.
Western and Arab states voiced outrage Sunday after Russia and China vetoed a U.N. resolution that would have backed an Arab plan urging Syrian President Bashar al-Assad to give up power, and Washington vowed harsher sanctions against Damascus.
Asian shares rose Monday as surprisingly robust U.S. jobs data bolstered investor risk appetite, overshadowing worries about a lack of progress in Greek debt restructuring talks that are vital to containing the euro zone debt crisis.
A renewed focus on Europe's banking and debt crisis may quickly sap the nascent optimism about global economic prospects that followed a remarkably solid U.S. January employment report.
China has a stake in helping the Eurozone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to Europe's importance not only as an export market but also as a source of technology.
The high-level diplomatic setback came after world leaders and Syrian opposition activists accused Assad's forces of a massacre in a sustained shelling of Homs, the bloodiest episode in 11 months of upheaval in the pivotal Arab country.
Russia and China vetoed on Saturday an Arab- and Western-backed resolution at the U.N. Security Council calling for Syrian President Bashar al-Assad to step down over his bloody crackdown on a popular uprising.
China and Russia have vetoed a resolution by the U.N. Security Council calling for the resignation of Syrian President Bashar al-Assad amid worsening violence in that country. The resolution backed a similar resolution proposed earlier by the Arab League.
When Harper first took office in 2006, relations between Canada and China were cold,.
With worries growing over computer hacking, data theft and the risk of digital attacks destroying essential systems, western states and their allies are co-operating closer than ever on cyber security.
Russia sought to delay a U.N. Security Council vote on a resolution aimed at ending the bloodshed in Syria, warning on Saturday of a so-called scandal should the current draft be put to council members, the Itar-Tass news agency reported.
U.S. fast-food giant Yum Brands Inc. plans to open 130 new KFC stores in Africa this year, bringing its presence on the continent to 1,000 restaurants, the Business Day newspaper in South Africa said on Friday, citing a senior executive.
ndia's 1.3 million-strong armed forces, hobbled by outdated equipment and slow decision-making, are undergoing an overhaul as defence priorities shift to China from traditional rival Pakistan. It took 11 years to select France's Rafale.
Almost every major global economy showed positive momentum in the manufacturing sector during January, according to data compiled by various economic-research organizations.
Free agent power forward Kenyon Martin has reportedly agreed to sign a one-year, $2.5 million deal to play for the Los Angeles Clippers.
The New York Knicks now seem more interested in signing J.R. Smith than Kenyon Martin.
China's invisible man Liu Bolin teamed up with Harper's Bazaar to photograph noted fashion designers 'lost' in their work.
A Chinese shipping magnate, Hu Zhen Yu, broke a world record by paying a record price of $328,000 for a Dutch pigeon, making it the world's most expensive bird of its kind.
Apple's current CEO Tim Cook and his creative predecessor Steve Jobs are in stark contrast in terms of philanthropy.
Hitachi Ltd said on Friday it would reorganize its operational structure in April by setting up five new groups as the Japanese conglomerate continues to overhaul its sprawling operations to boost profitability.
New Delhi's expected move to allow global airlines to own as much as 49 percent in Indian carriers has been welcomed by investors as a potential lifeline for an industry mired in $20 billion of debt and on course to rack up $3 billion in annual losses. But aviation-industry experts say any celebration is premature.
The libertarian Congressman from Texas hasn't had a real-world victory in any of the four Republican presidential primaries held so far. His best performance was in Iowa caucuses where he was placed closely behind the GOP frontrunner Mitt Romney, drawing 21.5 percent of the total votes cast. However, Paul, unmistakeably, happens to win - with an overwhelmingly high margin - almost every online election poll, regardless of whether it is hosted by mainstream media or by a niche politica...
