Japan gives muted welcome to US debt fixJapan's finance minister on Friday gave a muted welcome to the US debt deal, but hinted at the need for a more permanent solution to the warring in Washington.
18 October 2013
Congress pulls US back from brink, averts defaultThe United States was spared the ignominy of a disastrous debt default Wednesday when Congress passed a bill extending the nation's borrowing authority and ending a two-week government shutdown.
17 October 2013
Political chaos pushes US up against debt deadlineA day of political disarray Tuesday pushed America to within hours of a debt default deadline, but two veteran senators chased a last-gasp deal to stave off a sudden shock to the global economy.
16 October 2013
Conflicts, energy top agenda as Hollande visits S.AfricaFrench leader Francois Hollande arrived in South Africa Monday for a two-day state visit in which he is set to push for greater cooperation on African crises with the continental powerhouse.
15 October 2013
Britain to ease China visa restrictionsBritain is to make it easier for Chinese nationals to obtain visas in an effort to boost business between the two countries.
US to reopen Statue of Liberty, Grand CanyonUS national parks and monuments including the Statue of Liberty and the Grand Canyon are to reopen despite the federal shutdown, after states agreed to fund them temporarily.
13 October 2013
World Bank to cut costs, bureaucracy: KimWorld Bank President Jim Yong Kim on Friday announced a program to slash costs and reduce bureaucracy at the huge development organization that is expected to result in significant layoffs.
Dubai property bounces but stirs fears of new bubbleDubai's property sector is making a strong comeback five years after prices in the emirate nosedived, but a surge in demand and bouncing prices have triggered calls to remember the crisis.
10 October 2013
'Pitiful' US infighting threatens world: Chinese mediaChinese state media hit out at US lawmakers Thursday, a week ahead of a potential US default, urging them to "stop manufacturing crises" that threaten the global economy.
10 October 2013
Obama's 'missed opportunity' as China flexes musclesMost Asia-Pacific leaders, themselves blooded in political trench warfare, sympathise with US President Barack Obama's unwillingness to desert his Washington fox-hole.
09 October 2013
World fears US default, Obama warnsPresident Barack Obama warned Tuesday that world leaders were nervous Republicans would "blow up" the US economy, and vowed not to budge on his demand for the debt ceiling to be lifted without conditions.
09 October 2013
Default fears fuel angst in shutdown WashingtonThe "unthinkable" threat of a US default weighed on Washington Monday, as a standoff over raising the government debt ceiling drowned out angst over a week-long government shutdown.
'God Particle' in focus as Nobel season kicks offThe Nobel season kicks off Monday amid expectations that the physics prize will honour the discovery of the "God Particle", while a Pakistani girl who was shot and nearly killed by the Taliban could receive the peace prize.
07 October 2013
Shutdown forces EU, US to cancel trade deal talksThe second round of scheduled talks between top European Union and American officials to clinch the world's largest trade deal have been cancelled because of the US government shutdown.
05 October 2013
Japan's Aso warns of 'consequences' of US debt defaultJapanese Finance Minister Taro Aso on Friday urged the United States to resolve political gridlock in Washington, warning of grim "consequences" for the global economy if it leads to a debt default.
05 October 2013
US default could be 'catastrophic': TreasuryThe US Treasury warned Thursday of a disastrous outcome if Congress's refusal to raise the country's borrowing ceiling forces it to default on obligations.
04 October 2013
Unemployment remains dark spot in Spanish economySpain's government sees light at the end of the tunnel with the end to a two-year recession but analysts warn joblessness will continue to weigh down the eurozone's fourth-largest economy.
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