Sun Yang's victory in the men's 1500 metres freestyle at the world swimming championships on Sunday may indicate a re-awakening of the country's swimming programme.
China's Sun Yang provided a record-breaking finale to the world swimming championships on Sunday, while Ryan Lochte and Michael Phelps set up the potential of a mouth-watering showdown at next year's London Olympics.
Most swimmers would be content with four world championships gold medals in a career, yet Michael Phelps left Shanghai with four from the meeting, frustrated and warning he would only get better.
Tiger Woods has signed up to play at the Australian Open in Sydney in November, organizers said Monday, making the former world number one a likely starter at the following week's Presidents Cup.
Joe Fornelli knows the art of survival.
China's factory activity slowed down in July and by one measure contracted as manufacturing across much of Asia weakened on signs that global demand is losing momentum.
Arnold Shwarzenegger and Maria Shriver reunited on Saturday to celebrate the former California governor?s birthday in Beverly Hills, along with two of their children, Patrick and Christopher.
After months of vitriolic discord, Republican and Democratic lawmakers were expected to vote on Monday on a White House-backed deal to raise the U.S. borrowing limit and avert an unprecedented default.
Honda Motor Co <7267.T> avoided an expected loss and raised its annual profit outlook by more than a third on Monday after it reported a 90 percent fall in quarterly operating profit, as it rebounded quickly from a severe parts shortage.
A US artist who lost her left eye in a car accident in 2005 will soon get a web camera in its place.
Honda Motor Co <7267.T> posted a 90 percent fall in quarterly operating profit as a severe parts shortage stemming from the March 11 earthquake slashed output, but avoided an expected loss and raised its annual profit guidance by more than a third.
The auto industry could lead an economic recovery in the United States, according to a recent survey by audit, tax and advisory firm KPMG.
Global financial markets reflected relief over the resolution of debt limit ceiling impasse in the U.S.
Japan's finance minister kept up verbal intervention against a rising yen even as a weak dollar won a reprieve on Monday as U.S. lawmakers reached an agreement to raise the debt ceiling and avoid a sovereign default.
Congressional leaders and President Obama reached a deal to raise the federal debt ceiling in an effort to avoid the first U.S. default but a series of crucial votes in both chambers of Congress remain before the President can sign it into law.
Japan's top government spokesman welcomed the U.S. debt ceiling agreement on Monday and said he hoped it would stabilise markets.
It's no secret that Apple iPads and iPad 2s outsell rival tablet makers, but a new survey indicates that iPad users are the most satisfied among tablet users, a trait that poises to perpetuate Apple's lead.
"The leaders of both parties, in both chambers, have reached an agreement that will reduce the deficit and avoid default," President Obama announced Sunday night. The long-awaited and momentous agreement would cut 1 trillion dollars from a 10-year budget and raise the debt ceiling to beyond the 2012 elections.
A weary-looking President Obama told reporters late Sunday that a deal had been reached between the leaders of the White House, Senate and House of Representatives to raise the federal debt ceiling and avoid the first U.S. default, although a series of votes by all members in Congress is needed to make the ceiling raise a reality.
President Barack Obama said on Sunday that Democrat and Republican leaders had reached an agreement to reduce the U.S. deficit and avoid default, but it was not clear if the spending cuts were deep enough to stave off a credit rating downgrade. The White House said the compromise would cut about $2.5 trillion from the deficit over the next 10 years but the reductions would not happen so quickly that they would drag on the fragile U.S. economy.
INTERNATIONAL BUSINESS TIMES meets with fashion designer and rising star Amy Matto
President Obama and House Majority Leader John Boehner have agreed to a deal to raise the debt ceiling and cut spending by $1 trillion over the next 10 years.
