North Korea will pay a price for its latest nuclear test if it does not reverse course but the door remains open to talks on ending Pyongyang's nuclear programs, the U.S. State Department said on Tuesday.
Russia signed a landmark deal to supply nuclear fuel directly to U.S. companies on Tuesday, setting itself up to control 20 percent of the U.S. uranium market and extending its global reach in the nuclear sector.
The World Health Organization said on Tuesday that nearly 13,000 people have been confirmed infected with the new H1N1 flu strain but the number of countries affected is stable at 46.
North Korea, irked by South Korean and Japanese criticism of its nuclear test, said on Tuesday it may not support moves to curb production of nuclear bomb-making material, jeopardizing the start of global talks on the issue.
World stocks fell on Tuesday with Asian shares leading the way as tension about North Korean nuclear tests added to questions over the global economic outlook.
World stocks fell on Tuesday with Asian shares leading the way as tension about North Korean nuclear tests added to questions over the global economic outlook.
Asian shares fell on Tuesday as a report of fresh missile tests by North Korea added to market tensions at a time when investors are questioning if they are too optimistic about the global economic outlook.
Asian shares edged lower on Tuesday with stocks in Seoul down 1.2 percent after North Korea threatened to launch more missiles and while investor doubts about the world economy kept riskier assets such as the euro under pressure.
In the world of corporate profits, much like the broader economy, less bad is good these days. Unfortunately, it's not good enough to stem the rise in unemployment.
The world economy has avoided utter catastrophe and industrialized countries could register growth this year, Nobel Prize-winning economist Paul Krugman said on Monday.
The world economy has avoided utter catastrophe and industrialized countries could register growth this year, Nobel Prize-winning economist Paul Krugman said on Monday.
The world economy has avoided utter catastrophe and industrialized countries could register growth this year, Nobel Prize-winning economist Paul Krugman said on Monday.
(Corrects paragraph 10 to read 'cap-and-trade system' instead of 'capping grade system')
Major world economies including member nations of the the Group of 8 officially launched a partnership yesterday to accelerate the implementation of energy efficient measures in their economies.
North Korea conducted a second nuclear test on Monday that was far more powerful than its first one, triggering an emergency U.N. Security Council meeting on the hermit state's defiant act and drawing condemnation from around the globe.
Japan raised its economic outlook for the first time in three years on Monday, and an important measure of German business sentiment rose in May in further signs the worst of the global recession may be over.
Swiss drugmaker Roche Holding AG said on Monday new two-year data showed the effectiveness of its Actemra drug in inhibiting structural damage to the joints of patient with rheumatoid arthritis.
Japan said on Monday that North Korea's nuclear test clearly violated the U.N. resolution and Tokyo, already upset with a rocket launch by the isolated country last month, would seek decisive action.
Asian and European foreign ministers held talks in Vietnam on Monday that were quickly overshadowed by North Korea's nuclear test and outrage at the trial of Myanmar opposition leader Aung San Suu Kyi.
President Barack Obama said on Monday that nuclear and missile tests conducted by North Korea were a grave concern to all nations and a legal violation that warranted action by the international community.
Top emitters of greenhouse gases tried on Monday to break a deadlock about sharing the burden of cuts in a U.N. climate pact, and Washington rejected charges that it was lagging Europe in fighting global warming.
World leaders condemned North Korea for carrying out nuclear and missile tests and U.S. President Barack Obama said Pyongyang's actions were a reckless challenge warranting action from the international community.