Federal Reserve Chairman Ben Bernanke reiterated Wednesday that the Fed is nowhere close to raising interest rates, assuring markets that the US easy money tap would not soon dry up.
North and South Korea will hold fresh talks on reopening their joint industrial zone with low hopes of an early agreement following months of friction.
US banking giant Citigroup Monday reported better-than-expected quarterly earnings as strong securities and investment banking revenues helped offset weaker mortgage business and continued US consumer caution.
North and South Korea on Monday started fresh talks on reopening a joint industrial complex whose fate is seen as a touchstone for the future reduction of tension on the Korean peninsula.
Boasting its own artificial sun and a floor area three times that of the Pentagon, the "world's largest building" has opened in southwest China to mixed reviews from its first visitors.
Australian Prime Minister Kevin Rudd Thursday said the China resources boom was over, leaving the economy at a crossroads, as he called for a new productivity pact to boost competitiveness.
The EU filed a dispute with Russia over vehicle imports at the WTO, the first such challenge to Moscow since it joined the trade body almost a year ago.
US regulators Tuesday unveiled tough new capital requirements for the nation's eight largest banks in the newest move to strengthen the financial system in the wake of the 2008 crisis.
Ambitious Chinese automaker Dongfeng Motor and France's Renault may sign a deal this month for an 11 billion yuan ($1.8 billion) joint venture after a decade of talks.
China and Switzerland signed a free trade agreement -- Beijing's first in continental Europe -- in a deal that comes against a backdrop of trade tensions between the Asian giant and the EU.
Chinese manufacturing activity contracted further in June, data showed Monday, with a closely watched survey hitting a nine-month low and adding to signs of weakness in the world's second-largest economy.
The Spanish government, which is struggling to cut one of the eurozone's largest public deficits during a double-dip recession, on Friday raised taxes on tobacco and alcohol.
The death toll in one of the worst riots in China's restive Xinjiang area has been raised to 35 from 27, state media said Friday, amid reports of tightened security ahead of a sensitive anniversary.
IMF chief Christine Lagarde hopes the new Greek government "will hold" and that "one day" the Fund's work in Europe, currently the target of criticism.
New York oil prices sharply rebounded Monday after a leak forced the closure of Canadian pipelines, raising concerns about supply disruptions in North America.
EU leaders meet this week knowing they have to deliver growth and jobs, especially for the young, as years of debt crisis austerity and soaring dole queues test faith in the European project.