Global financial markets continue to drop sharply in reaction to an unprecedented downgrade of the U.S. government's credit rating and lingering concerns about European debt problems and global economic growth. In early Asia trading Tuesday, Japan's...
European stock markets were volatile Monday despite the European Central Bank saying it intended to buy up government debt. European Commission spokesperson Ollie Bailly said Monday that the measures taken by the European Central Bank should calm inv...
KATHMANDU, Aug. 7 (Xinhua) -- Ban on smoking in public places will be enforced from Sunday with the Tobacco Control and Regulatory Act-2010 coming into effect. Those smoking in public places will be fined and civil servants will be liable to departme...
The U.S. governments credit rating could be downgraded even further, according to the rating agency that removed the United States from a list of top-tier creditworthy nations. Standard and Poors judgement Days after Standard and Poors made headlines...
Residents in a north London community compared their neighborhood to a bomb site Sunday, the day after violent riots broke out between angry citizens and the police. At least 26 people were injured in the riots and more than 40 people were arrested....
LONDON, Aug. 5 (Xinhua) -- Olympic champion Dayron Robles won the 110m hurdles with a new stadium record of 13.04 seconds in the Diamond League meet London leg on Friday. Robles, the world record holder, held off Jason Richardson of the United States...
BEIJING, Aug. 5 (Xinhuanet) -- American actor-politician Arnold Schwarzenegger will give a speech in Los Angles Thursday to indicate he is planning to return to the public stage, according to media reports. He will appeare before a business group at...
BEIJING, Aug. 5 (Xinhuanet) -- A study conducted by Israeli researchers at the Albert Einstein College of Medicine in New York shows that genes, rather than good eating and lifestyle habits, determine longevity, according to media reports Friday. Thi...
SYDNEY, Aug. 5 (Xinhua) -- The Western Australian Government announced on Friday that 14 new substances linked to the manufacture of the synthetic drug Kronic would be banned from Friday midnight. The State Mental Health Minister Helen Morton told th...
The credit rating agency Standard Poor's has downgraded the U.S. credit rating for the first time ever from the country's elite AAA status to AA-plus, with a negative outlook. In a statement late Friday, SP said it made the move because the deficit-r...
The U.S. unemployment rate was slightly better than expected in July. The relatively good news gave President Barack Obama a break from the weeks relentlessly bad news on Wall Street. As stock prices continued to slide in New York, the government rep...
Former world number-one golfer Tiger Woods of the United States is back in competition after an 11-week break to heal injuries to his left leg. Woods teed it up Thursday at the WGC Bridgestone Invitational in Akron, Ohio, and finished his first round...
SEOUL, Aug. 3 (Xinhua) -- Lee Seong-hye, a 22-year-old student of the Parsons School of Design in New York, won the honor of South Korea's beauty queen for 2011 on Wednesday. Lee, beaming with joy and happiness, was crowned by last year's winner Jung...
WASHINGTON, Aug. 4 (Xinhua) -- Researchers have found a way to turn mouse embryonic stem cells into sperm and this finding opens up new avenues for infertility research and treatment, according to astudy published Thursday in the online edition of jo...
Japan's government and the country's central bank took action Thursday to dilute the yen. The Japanese currencys strong standing against the dollar is making exports more expensive, hurting efforts to revive the country's moribund economy. After many...
