The vessel "Fendouzhe", or "Striver", descended more than 10,000 metres into the Pacific Ocean's Mariana Trench with three researchers on b...

China appears to have been hit by another baby milk scandal as officials in the southern Hunan province are probing a fake milk formula whi...

The approval enables an immediate disbursement of about $168.1 million while the remainder will be available in six installments subject to...

"IMF forecast 3.5 per cent growth, which, compared with 3.3 per cent, is a good number. The whole world is still on a recovery path, which ...

Calling for structural reforms to bolster global growth, business leaders and experts today emphasised that politicians need to do their wo...

Montek said there is no need to ring alarm bells for the Indian economy as it was already growing at 5 per cent and the rate would improve ...

The euro really faced a challenge in the past few years and it survived. We believe the euro will continue to survive because the euro memb...

The head of a leading European bank has called for global regulatory standards and rules for the banking sector on the grounds that this wi...

Montek Singh Ahluwalia , deputy chairman of Planning Commission, is being talked about among candidates who could hold one of the top jobs ...

Cautiously optimistic about the rebounding global economy, top business and government leaders have wrapped up their annual meeting with ca...

A wider crisis of rising debts and ageing populations in advanced economies could be in store.

China ordered banks to set aside more deposits as reserves for the third time this year to cool a record credit expansion.

Greece is about to appeal for a debt rescue from the EU and IMF, a governmnent source tells AFP.

China may let its currency appreciate 5% as early as next month to prevent economic growth from stoking inflation. Why currency keeps fluct...

IMF’s Dominique Strauss-Kahn said Asia is leading the world out of recovery, but though growth is coming back faster than expected it’s sti...

The global financial meltdown is injecting a sense of urgency into a summit of European and Asian leaders that gets under way in China's ca...

The Chinese economy is on pace this year to outdo last year’s growth of 10.5%, an official with the Bank of China said Wednesday.