European officials are moving to add new funding for troubled banks on the continent that are weighed down by the possibility of a Greek default on its debts. German Chancellor Angela Merkel, leader of the country with Europe's strongest economy, len...
Key European banks are facing new financial worries over their Greek debt holdings, with the Belgian-French bank Dexia struggling to avoid collapse. Shares of Dexia stock plummeted Tuesday to an all-time low of less than one euro (less than $1.32), e...
alaysian plans to build a subway in Kuala Lumpur, have sparked protests and allegations of land-grabbing. Chuah Chee Peng, 56, has been living in Petaling Street, Kuala Lumpur city's historical Chinatown, for more than 40 years. I grew up watching th...
Apple co-founder and former chief executive Steve Jobs has died. Jobs was 56 years old and had been battling cancer for nearly a decade. The technology company issued a statement on its website late Wednesday, saying the company has lost a visionary...
SEOUL, Sept. 28 (Xinhua) -- The Chinese film festival that has played a major role in bolstering cultural exchanges between South Korea and China raised its curtains on Wednesday in Yongsan, Central Seoul. Under the theme of Meet the Greatest Muses i...
RIO DE JANEIRO, Sept. 27 (Xinhua) -- The leader of Fluminense's defense, Gum was announced on Tuesday to need a period of two months to recuperate from a detached tendon in his upper right thigh. With only 12 rounds remaining in the 2011 Brazilian Ch...
MADRID, Sept. 28 (Xinhua) -- Valencia and Chelsea drew 1-1 in Valencia's Mestalla Stadium on Wednesday in the Champions League group match. Frank Lampard opened the scoring for Chelsea, who controlled much of the game, but Valencia drew level four mi...
BEIJING, Sept. 28 (Xinhua) -- China's top economic planner announced Wednesday that it will raise the minimum purchase prices for wheat from farmers in 2012 to boost grain output. The move aims to protect farmers' enthusiasm to grow grains and furthe...
BEIJING, Sept. 28 (Xinhua) -- Chinese State Councilor Liu Yandong met here on Wednesday with Paul Otellini, president and chief executive officer (CEO) of U.S. computer chip giant Intel Corp. Liu praised Intel's development strategy of expanding inve...
BEIJING, Sept. 28 (Xinhua) -- Chinese banks have extended more loans to small firms to ease their financial predicaments as the government tightens monetary supply, a banking regulator said Wednesday. Outstanding loans to small firms grew 26.6 percen...
BEIJING, Sept. 27 (Xinhuanet) -- Scientists have been making great efforts to show how harmful coffee is to us, though no evidence yet. A latest study may be reassuring for coffee-lovers. Women who drink caffeinated coffee are less likely to be depre...
ROME, Sept. 27 (Xinhua) -- The 30th general assembly of the International Council for Science (ICSU) kicked off here on Tuesday to address key global challenges, featuring over 275 scientists and experts from all over the world. The goal of the four-...
BEIJING, Sept. 28 (Xinhuanet) -- The unmanned Shenzhou VIII, part of China's first spacecraft rendezvous and docking mission, will be launched in early November. Niu Hongguang, deputy commander-in-chief of the program, said on Tuesday the launch has...
WASHINGTON, Sept. 27 (Xinhua) -- At least 13 people had been killed amid 72 sickened in 18 states in listeria outbreak traced to Colorado cantaloupes, making it the most deadly U.S. outbreak of food-borne infection since 1998, the Centers for Disease...
Stock markets are rallying in expectation that European governments are finally committed to a comprehensive solution to their spreading debt crisis. Two of the most reluctant countries - Germany and Finland - are expected to vote this week for expan...
