Japan retains status as top creditor nation
Japan kept its position as the world's largest creditor nation for the 22nd straight year in 2012, government data showed Tuesday, as the dollar's gains helped inflate the value of overseas assets.
28 May 2013 16:34
France blacklists 17 countries for handling foreign aid
France has drawn up a blacklist of 17 countries including Switzerland that do not help investigate foreign aid fraud, banning the use of their banks to help distribute development funds.
28 May 2013 16:13
Venezuela accuses CNN of seeking to foment coup
Venezuela's President Nicolas Maduro on Monday accused US-based news network CNN en Espanol of working to promote a coup d'etat as part of a wider media war against his socialist government.
28 May 2013 14:04
Brussels expected to up pressure for economic reform
The European Commission is expected on Wednesday to increase the pressure on several countries, particularly France, to speed up structural reforms seen as the only reliable way to boost growth and job creation.
Kerry unveils $4 bn Palestinian investment plan
US Secretary of State John Kerry unveiled Sunday a plan to boost the Palestinian economy by attracting $4 billion in private investment, saying it could transform the lives of the people.
27 May 2013 13:55
Guatemala extradites ex-president to US
Guatemala extradited former president Alfonso Portillo to the United States on Friday to face charges of laundering $70 million of swindled government funds through US banks.
27 May 2013 10:21
Key step cleared to Swiss-China free trade deal
Switzerland and China cleared the final hurdle Friday towards a landmark free-trade agreement, as Beijing seeks to underscore its growing global ties via deals with European partners.
US trade panel rejects Motorola bid to block Xbox imports
The US International Trade Commission sided with Microsoft on Thursday in a patent dispute with Google-owned Motorola Mobility that could have gotten Xbox 360 videogame consoles banned from import.
Ford to halt car production in Australia in 2016
Ford announced Thursday it would cease making vehicles at its unprofitable Australian plants in 2016 and axe 1,200 jobs, ending an era that began in 1925 with the firm's first local car.
Samsung sells more than 10 mn Galaxy S4 smartphones
South Korea's Samsung Electronics said Thursday that global sales of its latest flagship Galaxy smartphone had topped 10 million units less than a month after its debut.
