South Korea's unemployment rate fell in May to its lowest in four months with the availability of more jobs in the service sector, according to figures reported by Statistics Korea Wednesday.
Tour operators are offering steep discounts to Greece amid speculation about a Greek euro exit and fears of ensuing social unrest.
On Tuesday, Arizona's 8th District will vote to replace former Rep. Gabrielle Giffords, who resigned as she recovers from a Jan. 8, 2011, shooting spree. She, and President Obama, are the ones the contest is focusing on, rather than the state's issues
Indian retail sector, which is one of the fastest growing in the world, is under immense pressure to allow the Foreign Direct Investment. With multi-national retail giants like Wal-Mart and CarreFour and foreign investors lobbying the government to throw open the retail sector, the government has made several futile attempts in the past two years to allow FDI in retail.
European markets maintained a cautious tone Tuesday as stocks fell in the U.S. and Asia following the fading of optimism relating to the aid to the Spanish banks and revival of the debt crisis looming over the euro zone.
This year's rapid-fire news cycle appears to never run short of gaffes, most recently President Obama's statement that the private sector is doing fine and the sound bite in which Mitt Romney seems to say he wishes there were less firefighters, teachers and police officers protecting and serving our country.
Crude oil futures rallied Monday as market participants welcomed Europe's plan to provide financial assistance to Spain to properly restructure its troubled banks.
Stock markets in China and Hong Kong gained Monday as sentiment was buoyed on news that the euro zone will provide financial assistance to help Spain's troubled banks.
Spain's prime minister said Sunday that despite financial assistance of as much as ?100 billion ($125 billion) for the country's ailing financials sector, the euro zone's fourth-largest economy will continue to suffer from high unemployment and shrinking gross domestic product.
U.S. President Barack Obama on Saturday continued to urge Congress to pass legislation he said would add more jobs for teachers as Republicans and Democrats bickered over whether expanding the public sector would strengthen the economy.
Clean energy advocates may be celebrating the decline of coal-fired power. But in the heart of Kentucky's Appalachia, ground zero for coal country, mining is essentially the economy. And there, no coal means no recovery
While the euro zone fiscal crisis has grabbed the spotlight, the U.S. faces its own fiscal crisis. The simultaneous onset of tax increases and spending cuts scheduled for Jan. 1 -- which will trigger unless Republicans and Democrats can agree on a balanced budget solution -- will likely send the economy plunging off a $720 billion fiscal cliff and into the arms of another recession.
French voters across the country are casting votes for parliamentary representatives. Can Marine Le Pen's National Front Party win some seats for the first time in over 20 years?
President Barack Obama spoke of financial troubles both at home and abroad in a press conference Friday, calling on Congress to reconsider his jobs legislation to boost the public sector amid headwinds from Europe.
A Wednesday report revealed that the conflict in the Ivory Coast involves mercenaries from neighboring Liberia. The militants have abducted children, murdered civilians and raided communities in Ivorian villages.
In 2009, the Economist Intelligence Unit devised an acronym for six emerging countries, CIVETS, which includes Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa. These countries were categorized as the six countries with the best chance of high, long-term growth.
