June 28, 2013 China's economic growth has been fueled by bank loans that flow freely. But during the latest bout of turmoil, China's central bank indicated that it may no longer lend so quickly and cheaply. The so-called shadow banking sector is of particular concern.
June 27, 2013 The immediate practical impact of the U.S. decision on the country's garment industry is expected to be minimal. But it could affect the EU's thinking on more wide-ranging trade benefits.
June 26, 2013 Australia is changing prime ministers, and both the outgoing and incoming leader are from the same party. In the country's rough-and-tumble politics, Julia Gillard has lost her job to Kevin Rudd in the same manner that she captured the post three years ago.
June 26, 2013 The U.S. executive of a Chinese factory was prevented by workers from leaving the facility following a decision to shut down part of the business and move the some jobs to India where wages are lower. The story shows how widespread labor-related strife is in the world's most populous nation, and how the bottom line dictates where jobs go.
June 26, 2013 Banned during the Cultural Revolution, China's ancient funeral practices are re-emerging — but with new twists. One of China's most famous professional mourners creates modern funerals with Chinese characteristics — burning paper money, wailing and prostrating, karaoke eulogies and strobe lights.
June 24, 2013 Prime Minister Nawaz Sharif said Musharraf, who returned to Pakistan from self-imposed exile earlier this year, violated the constitution when he suspended it in 2007.
June 23, 2013 The haze, caused by clear-cutting fires in neighboring Indonesia, has enveloped much of the country's south as well as the city-state of Singapore.
June 23, 2013 The Pakistani Taliban claimed credit for the attack that killed nine mountaineers and a local guard at the Nanga Parbat base camp, about 150 miles from Islamabad.
June 23, 2013 Edward Snowden left Hong Kong earlier Sunday en route to a "third country" via Moscow. The anti-secrecy group WikiLeaks said it was giving him legal counsel and had helped him leave the semi-autonomous Chinese territory.
June 23, 2013 In China, if you want to get hitched, you pretty much need to have a house. No house? Good luck to you, comrade. After decades of explosive growth, the cost of living in China's big cities has skyrocketed, and a generation of young people has been largely priced out of the housing market.