China will make the yuan more flexible in either direction and its recent reforms to make the currency more market-oriented have begun to achieve some results, Premier Wen Jiabao said on Saturday.
By Thanksgiving, the number of young people on Long Island charged with cheating on their college board exams is expected to reach 13, with at least five more arrests on tap, Nassau County District Attorney Kathleen Rice said.
The United States and China faced off on Saturday over the thorny issue of how to resolve competing claims by Asian countries to sovereignty of the South China Sea, the latest point of friction between the two powers.
Coach Inc., a New York-based designer and marketer of luxury accessories, is planning major forays into China. The company's aim is to make the country its biggest market by 2014.
On Friday, U.S. President Barack Obama was warned by Chinese Premier Wen Jiabao against any kind of interference over the South China Sea dispute.
The United States plans to supply 24 refurbished F-16C/D fighter aircraft to Indonesia, the presidents of the two countries announced in Bali on Friday on the fringes of an Asia-Pacific summit.
The United States plans to supply 24 refurbished F-16C/D fighter aircraft to Indonesia, the presidents of the two countries announced in Bali on Friday on the fringes of an Asia-Pacific summit.
The International Monetary Fund is inserting itself more forcefully into Europe's efforts to resolve its debt crisis, hoping to stem a contagion that is spreading worldwide and threatening global growth.
The International Monetary Fund is inserting itself more forcefully into Europe's efforts to resolve its debt crisis, hoping to stem a contagion that is spreading worldwide and threatening global growth.
When Ray Lane took over as chairman of Hewlett-Packard Co a year ago, he was looking forward to working with longtime associate Leo Apotheker, who had just been appointed CEO to repair the damage done by the messy departure of Mark Hurd.
H.J. Heinz Co. saw its fiscal second-quarter net income dip 5.7 percent, as organic sales growth in emerging markets could not offset continually weakening sales in North America.
On Friday, Indonesian budget airline Lion Air placed a $21.7 billion order with Boeing, the airplane giant's biggest commercial order on record.
Canada is looking to diversify the market for oil sands crude by courting buyers in Asia, and is not trying to punish the United States for delaying TransCanada Corp's Keystone XL pipeline to Texas, the country's natural resources minister said on Friday.
The United Arab Emirates, the world's fourth-largest oil exporter and home to gold trading hub Dubai, is rapidly becoming a force in trade of another highly valuable commodity: diamonds.
With a new theme area that makes guests feel as if they're being shrunk to the size of a toy, Hong Kong Disneyland hopes to boost the number of visitors to a magic kingdom the performance of which to date has been less than dazzling.
U.S. President Barack Obama announced on Friday that he will send Secretary of State Hillary Clinton to Myanmar, a nation that was plagued by one of the longest running civil wars and a repressive military regime, until recently.
Chinese Spacecraft Lands Safely; Trials for its Own Space Station Successful [VIDEO]
Japan's big manufacturers led by Panasonic Corp and Nissan Motor Co Ltd are speeding up their shift overseas, in a sign corporate Japan sees the strong yen as a long-term handicap rather than a temporary blip.
United States Defense Secretary Leon Panetta appeared to call China and India threats on Thursday, in comments that the Pentagon quickly sought to correct.
Charles Dickens will be feted around the world next year in literature, film, theater, music and art, underlining his international cultural impact 200 years after his birth.
Prudent interventions by major central banks averted a global financial calamity during the financial crisis’ acute stage three years ago. Another intervention to address Europe may be needed, and should be implemented, if central bank officials deem it necessary.
Marvell Technology Group gave a cautious revenue forecast as widespread flooding in Thailand hurts demand for its hard-drive controllers, but upbeat news about expansion in China gave the chipmaker's stock a bump.