China's top auditing body said on Monday that it had recovered or had returned to it about 122.3 billion yuan ($18.57 billion) in embezzled government funds as of last year, detaining or
The euro slipped on Monday and a brief European stock market rally ran out of steam as hopes of swift action from policymakers to boost the euro zone's rescue fund faded ahead
Euro zone finance ministers on Monday will discuss an increase in the effective lending capacity of the euro zone rescue fund, to try to draw a line under the sovereign debt crisis
Floods devastating huge areas of Australia's eastern seaboard, including the nation's third-largest city, look set to be the costliest natural disaster ever in a country known for climatic extremes, Treasurer Wayne Swan
Chinese President Hu Jintao urged an end to a "zero sum" Cold War relationship with the United States and proposed new cooperation, but resisted U.S. arguments about why China should let its
Fitch cut Greece's credit rating to junk on Friday, highlighting persisting doubts over the country's ability to pull itself out of a severe debt crisis that has shaken the euro zone. The
Airbus looks set to leapfrog Boeing and score a surprise last-minute win on orders when it unveils 2010 commercial results next week, industry sources said on Friday. The world's two leading jet
European shares fell on Friday after a rise in Chinese bank reserve requirements intensified concerns about the prospects for global growth, with mining stocks among the worst performers. By noon, the pan-European
European nations may consider halting critical aid to Palestinians living on Israeli-occupied land if stalled peace talks fail to get going again, Norway's foreign minister was quoted as saying on Friday. Europe
The European Union will block landings of mackerel from Icelandic boats at EU ports in a dispute over fishing quotas, a European Commission spokesman said on Friday. The Commission, the executive of
