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.
US economy faces hefty hit if government shuts downA US government shutdown would hit an economy struggling to sustain its post-crisis rebound, but experts say the impact will only be substantial if Washington's political paralysis lasts several weeks.
Japan reports weaker August factory data ahead of tax hike decisionJapan's factory output slipped more than expected in August but the government put an upbeat gloss on the data Monday, a day before Premier Shinzo Abe issues his long-awaited decision on hiking sales taxes.
30 September 2013
Chinese tourists, diplomats make a splash in the MaldivesThe travellers pouring off flight LV199 from Shanghai into the international airport of the Maldives, many dressed in designer labels, are an unmissable sign of China's interest in the far-flung archipelago.
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