Brazil will propose that it and other large emerging market countries make billions of dollars in new funds available to the International Monetary Fund as a way to help ease the crisis in the euro zone, an official said on Monday.
China, the largest foreign holder of U.S. government debt, will keep buying U.S. Treasuries, the official People's Daily, the ruling Communist Party's mouthpiece reported on Tuesday, citing government researchers.
With anticipation growing for Apple's next smartphone to hit shelves, industry watchers on Monday said the company could even roll out two devices: the iPhone 5 and the iPhone 4 Plus.
The head of the World Bank on Monday said a drop in investor confidence was already feeding through to developing nations from a growing debt crisis in advanced economies and urged cooperative action.
Mongolia's law banning mining in the country's river and forest areas is necessary to protect the mineral-rich Asian country's environment and herdsmen's livelihoods, President Tsakhia Elbegdorj said on Monday.
Mark Moskowitz from J.P. Morgan expects Apple to unveil an iPhone 5 and iPhone 4-plus this fall, and believes the iPad 3 release date has been pushed back to 2012.
The European Union will call on China this week to boost domestic demand and on the United States and Japan to tackle their public deficits as part of global efforts to rebalance growth, an EU document showed.
Shareholders are likely snapping up Apple stock in anticipation of the next generation of iPhone products – the iPhone 5, which many analysts say will receive unprecedented demand.
None of India's 20 nuclear power plants were disturbed by the earthquake, officials said Monday. The nuclear facility closest to the quake's epicenter is the Narora Power Station, some 800 miles to the west. The quake hit Sunday night, and the death toll has reached 74 people.
While speculation in recent months has run in every direction about when Apple's iPhone 5 will be released and what new features and design the product will have a new report suggests the company will do what many did not expect -- releasing two new iPhone handsets.
China will be the dominant economic power in 2030, even if the U.S. economy stages a turnaround as it did in the 1990s, argues Arvind Subramanian, author of upcoming book Eclipse: Living in the Shadow of China's Economic Dominance.
Zambia's police chief deployed thousands of officers across the southern African country on Monday, the eve of a closely contested election between incumbent Rupiah Banda and nationalist opposition leader Michael Sata.
President Hugo Chavez's government formalized the nationalization of Venezuela's gold industry on Monday with a decree that prohibits exports of the metal and gives the state 55 percent of joint ventures.
The BRICS emerging market powerhouses have already bought debt through the European Financial Stability Facility and could buy more, a potential help to struggling euro zone economies, a Brazilian newspaper reported on Monday.
Largely unnoticed by markets riveted by the drama of the day, more and more countries are successfully implementing complex, politically treacherous reforms needed to raise their long-term economic growth rates.
There have been a number of high-profile earthquakes in the last month, including ones in India, Japan, Cuba, Indonesia and the United States. Here are the ten worst quakes over the past 100 years.
The BRICS emerging market powerhouses have already bought debt through the European Financial Stability Facility and could buy more, a potential help to struggling euro zone economies, a Brazilian newspaper reported on Monday.
A group of short-sellers, who earlier this month accused miner Silvercorp Metals of fraud, outlined new allegations against the company on Monday.
Despite rising oil prices, global petroleum use is expected to be stronger over the next two decades than previously estimated, the U.S. government said on Monday.
China urged regional powers on Monday to restart moribund nuclear disarmament talks with North Korea, with its foreign minister Yang Jiechi defending Beijing as an honest broker seeking to defuse confrontation with Pyongyang.
As the U.S. economy slouches toward another recession and confidence in policymakers erodes, investors are coming to grips with the notion that the country may already be several years into a Japan-style lost decade.
The death toll has risen to 53 people in Sikkim, India, where a 6.9 magnitude earthquake hit Sunday night. About ten of the deaths occurred in Nepal, primarily in the capital of Katmandu, where a series of building collapses trapped people under debris.
