The Industrial and Commerce Bank of China (Hong Kong: 1398; Shanghai: 601398), the world's largest bank, is set to buy an 80 percent stake in Bank of East Asia (BEA) USA, based in New York.
President Obama came out in favor of legalizing same-sex marriage for the first time in an ABC News interview on Wednesday.
While British lawmakers call Rupert Murdoch unfit to run a giant media conglomerate, shareholders might disagree. Despite recent declines, the company's stock price is up 20 percent to $19.17 in Wednesday trading from a six-month low in November and far above the $6 depths of March 2009.
The U.S. Postal Service said it is abandoning for now its plan to close thousands of post offices in rural locations and will instead keep them operating with shorter opening hours.
Democrats are seeing shades of 2010 in the Indiana Senate race, contending that Republican Richard Mourdock's primary win over longtime incumbent senator Dick Lugar gives them an opening.
In Athens, leftist Alexis Tsipras became the second political leader to try and form a government on Wednesday, after first placed New Democracy party leader Antonis Samaras abandoned attempts on Monday.
Senator Richard Lugar, who recently lost a primary election for the first time in 36 years, is a legend for his efficacy as a bipartisan politician. Now 80 years old, he will retire from the Senate and pursue other means of public service.
Rick Santorum defended his seemingly tepid endorsement of Mitt Romney on the 'Tonight Show with Jay Leno' on Tuesday and said he wasn't trying to bury it at all by sending an e-mail late at night.
Ukraine's imprisoned former prime minister Yulia Tymoshenko was moved from her cell to a local hospital Wednesday for treatment of a chronic back condition, after ending a 19-day hunger strike in protest of alleged harsh treatment from prison guards.
Is President Barack Obama going to endorse gay marriage during an interview Wednesday? All signs point to yes, as a crescendo of events in recent days and months have made it nearly impossible for him to keep avoiding a clarification of his views until after the election.
Spain stepped up efforts to save its troubled banks on Thursday with a plan to make them recognize huge losses from a property crash, but uncertainty over the final cost of a rescue hit the euro, Spanish debt and global stock markets.
The six-term Republican senator from Indiana issued a statement more than 1,000 words long after losing a primary battle to Richard Mourdock, a state treasurer.
Controversial conservative radio talk show host Rush Limbaugh launched a Facebook campaign aimed at uniting conservative women against feminazis planning to take Rush off the air.
As Chinese students across the country prepare for major national examinations that will determine their academic future, and likely their careers as well, some are taking extreme measures to gain an advantage.
Keith Judd, a.k.a. Inmate No. 11593-051, is currently serving a 17-year sentence at the Beaumont Federal Correctional Institution in Texas. He also won 41 percent of the votes in West Virginia's presidential primary on Tuesday, compared to 59 percent of the vote won by President Barack Obama.
Count President Obama, First Lady Michelle and Sasha and Malia as fans of the American illustrator and author who died Tuesday.
The Sukhoi SuperJet 100, the first new Russian passenger plane in over 20 years, was on a demonstration flight in the hope of selling to local airlines
Republicans looking ahead to what promises to be an historically expensive election cycle promises have spent months calling for an all-out fundraising push to counteract President Obama's fundraising advantage. So far, pro-Republican Super PACs have vastly outraised Super PACs supporting Democratic candidates and causes
What do Hillary Clinton, Snooki and AnnaLynne McCord have in common? If you think nothing, you're wrong; They all have pictures without makeup circulating the Internet. Photos of the Secretary of State went viral on Monday when Clinton was travelling through Asia wearing her glasses and no makeup, sparking interest in a phenomenon known as Hillary Au Naturale, thanks to The Drudge Report. However, Clinton is laughing off the buzz about her natural look without makeup despite harsh cri...
Senator Mark Kirk released an emotional video and published an article about his rehabilitation from a stroke he suffered mid-January, appearing on camera for the first time since he checked into a hospital 15 weeks ago.
The group of hackers known as Anonymous on Wednesday kept its promise to join the protest against President Vladimir Putin by temporarily shutting down the Kremlin website, the official online page of the presidency.
President Obama is disappointed that North Carolina passed an amendment to its state constitution banning same-sex marriage, according to a statement from his campaign.
Bombay Stock Exchange (BSE) sensex closed at a four month low by shedding nearly 67 points on Wednesday as weak global trends triggered heavy fund outflows.The BSE bench mark 30 share index lost 66.60 points to reach 16,479.59, dragged down by sharp declines in Reliance industry and banking stocks. Reliance Industries dropped for the sixth day by losing 1.91 per cent to Rs 695.10 after it cut the estimates for actual natural gas reserves available in its Indian blocks.
Frequent Fox News guest speaker Reverend Jesse Lee Peterson drew sharp criticism for arguing that women should not have the right to vote in a sermon that was posted on YouTube in March. In the speech, Peterson argues that women are destroying American society and wield too much political power.
German exports unexpectedly rose for the third straight month in March as demand from outside the euro zone offset weaker sales within the currency bloc, prompting economists to predict that Europe?s biggest economy will escape recession.
A Greek sovereign default has always been a talismanic scare for the euro stakeholders. It would put the common currency under the greatest pressure since its creation, and shake the foundations of the currency bloc.
Mitt Romney's dog on the roof story seems to pale compared to his 1981 arrest coming to light. BuzzFeed's Andrew Kaczynski managed to dig up a very little reported story about the Republican Presidential nominee's run in with the law in 1981.
China's first deep-water oil drilling rig has begun operations in the South China Sea amid maritime tensions between Manila and Beijing over a disputed shoal in another region of the disputed waters, Chinese state media reported Wednesday.
Same-sex marriage advocates are confident that the nation is moving gradually towards marriage equality, but they will need to contend with a majority of states -- North Carolina among them -- that restrict marriage to a man and a woman.
The would-be bomber in the terror plot hatched by al Qaeda affiliates, which sought to bring down a Western airliner on the anniversary of Osama bin Laden's death, had either turned informant or was planted in the terror cell.