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The International Monetary Fund has slightly lowered its 2014 growth forecast in its latest World Economic Outlook. The agency cites stagnation in the world's developed economies and geopolitics as the reason for the downgrade. Its also calling for m...
Chinas movie industry is expected to overtake the U.S. as the worlds largest film market by 2018. One of the star players in Chinas movie business is Huayi Brothers, one of the largest privately owned media firms in China. The companys 2013 co-produc...
Hong Kong, the worlds third biggest comic market after Japan and the US, is set to host the Animation-Comic-Games Expo from July 25th. In the five-day event, Sony and Microsoft slug it out on the gaming scene, hoping to entice younger consumers. Hong...
Full coverage: Air Algerie Flight Lost Radar Contact after Takeoff French President Francois Hollande has issued a statement, saying Air Algerie flight AH-5017 with 116 people onboard, crashed in Mali, near the border with Burkina Faso. The statement...
The Ukrainian army on Friday claimed its soldiers came under artillery fire from the Russian side of the border overnight and were attacked by rebels in several other locations in the countrys east. In a statement on Friday, the headquarters of the g...
Full coverage: Air Algerie Flight Lost Radar Contact after Takeoff French President Francois Hollande said Friday there were no survivors of the downed Air Algerie jetliner, and one of the aircrafts two black boxes has been found in the wreckage. Fre...
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The 12-hour ceasefire in Middle East is far less than the week-long truce jointly requested by US Secretary of State John Kerry and UN Secretary-General Ban Ki-moon. That joint proposal was rejected by the Israeli security cabinet on Friday. But stil...
Fighting in the Gaza Strip looked like it was headed for escalation after US Secretary of State John Kerry failed to broker a week long truce as a first step toward a broader deal and Israels defense minister stated that Israel might significantly ex...
The European Union is poised to impose tough sanctions on Moscow over Ukraine. The catalyst for this new resolve-- the downing of Malaysia Airlines Flight 17 over territory held by anti-Kiev activists. 15 Russians or Ukrainians and 18 companies and o...
Israel has agreed to a 12-hour humanitarian ceasefire in fighting with militants in the Gaza Strip. The Israeli military said in a statement that the lull will start at 8 a.m. local time Saturday. The statement warns that the military shall respond i...
The first images of the Air Algerie crash site in Mali have emerged. The footage, released Friday, shows a stark terrain littered with bits of debris that appear to have been pulverized on impact. The video was aired on the French national public TV...