A key backer of central bank independence won an important role in Japan's new cabinet on Monday, perhaps making it easier for the Bank of Japan to raise interest rates, analysts said.
German Chancellor Angela Merkel urged China on Monday to do more to halt climate change, prompting the response that the developed West has been polluting the skies for much longer than the newly developing Chinese.
Removing Zimbabwe President Robert Mugabe would not automatically deliver democracy to the troubled African nation, said opposition leader Morgan Tsvangirai.
The pace of sales of pre-owned homes fell slightly in July but the inventory of unsold properties soared to the highest level in over 15 years as troubles in the subprime mortgage market continued to wreak havoc on the housing sector. Home sales slid 0.2 percent in July to a seasonally adjusted 5.75 million unit annual rate, according to the National Association of Realtors.
Thousands of Greeks threatened by towering walls of fire fled their homes on Monday as strong winds fanned blazes that have devastated the country and killed 63 people in four days.
Bhaviesh and Varsha Shah bought their dream home in a new development east of Los Angeles two years ago, planted flowers around an emerald lawn and picked out wicker furniture for sitting outside on cool afternoons.
Attorney General Alberto Gonzales, whose tenure has been marked by controversy over civil liberties and the firings of prosecutors, has resigned, a senior U.S. official said on Monday. Following are some facts about Gonzales.
Attorney General Alberto Gonzales resigned from office on Monday, ending a controversial tenure as chief law enforcement officer that blemished the administration of President George W. Bush.
With a slowing economy could the job market see declines this holiday season?
Sales of new single-family U.S. homes unexpectedly rose in July and new orders for durable goods posted strong gains that underlined the economy's strength just before a credit crisis socked financial markets.
Sales of new single-family U.S. homes unexpectedly rose in July and new orders for durable goods posted strong gains that underlined the economy's strength just before a credit crisis socked financial markets. New home sales rose 2.8 percent to an 870,000 annual pace last month, reversing two months of declines.
New orders for long-lasting U.S.-made manufactured goods surged a much bigger-than-expected 5.9 percent in July, the biggest gain since September, and a business investment gauge posted the first gain in three months, a Commerce Department report showed on Friday.
German Chancellor Angela Merkel will push for tougher global action against climate change on a tour of China and Japan next week which will also have business interests high on the agenda, officials said on Thursday.
Climate change and biofuels pose fresh challenges in the fight against poverty, which requires more than ever cooperation among scientists, the new head of an international body for agricultural research said.
Smog is menacing Japanese cities for the first time in 30 years and cropping up in rural areas for the first time ever, alarming the government and prompting experts to point the finger at neighboring China.
The United States will press China to do more to ensure the safety of its exports at a regional summit meeting next month in Sydney, U.S. Commerce Secretary Carlos Gutierrez said on Wednesday.
South Korea said on Friday it would end its effective ban on U.S. beef imports, once worth about $850 million annually, which should ease tensions in a trade dispute.
Brazil wants to see an open race to head the International Monetary Fund, Finance Minister Guido Mantega was quoted on Friday by Russia's RIA-Novosti news agency as saying.
Russia has signed a deal to sell 98 Ilyushin civilian aircraft to Venezuela, Russian newspapers reported on Friday.
Officials launch a campaign to fix problem products that have damaged confidence in the 'made in China' label.
European power companies are making billions of euros in excess profits in the fight against global warming as consumers pay for it, economists say.
European Union veterinary experts agreed on Thursday to let all of Britain, except part of the county of Surrey, resume exports of live animals, meat and dairy products to other EU countries, the EU executive said.
India's biggest communist party said on Thursday it did not want to pull the government down over a nuclear deal with the United States, but added that this depended on the pact not being pursued.
The U.S. Securities and Exchange Commission started sending letters this week to a cross-section of public companies, requesting further details about how they pay their executives, an agency spokesman said on Wednesday.
South Korea sent its first batch of emergency aid on Thursday to relieve flooding in North Korea that has killed hundreds, and a top Pyongyang official said the North is aiming to restore basic services by the end of September.
Global financial turmoil prompted the Bank of Japan to hold rates on Thursday and warn the tremors would take time to settle, as stock markets climbed in spite of fresh strife stemming from the ravaged U.S. home loan market.
Every cloud supposedly has a silver lining, and Chinese industry's bill for complying with stepped-up safety standards after a string of embarrassing product recalls is no exception.
Foreign sales of some Chinese products have been shaken by reports of dangerous goods, but the country's fast-rising exports show most consumers remain untroubled, senior Chinese officials said on Thursday.
Argentina's July primary budget surplus widened 23 percent to 2.58 billion pesos ($804 million), due in part to pension contributions shifted to the state system, the government said on Wednesday.
The Federal Reserve is hopeful it has bought enough time with moves to soothe jittery credit markets to hold off any cut to the benchmark federal funds rate before a September meeting, if any easing is necessary at all.
