The development of China's national defense capabilities is not aimed at challenging, threatening or invading any other country, but to maintain its own security, a senior Chinese military official said.
The G20 will put to rest proposals for a global bank tax, introducing new language in their communique that recognises some countries did not have bank bailouts and therefore may seek alternative policies, a senior G20 official said on Saturday.
The Israeli navy intercepted and was shadowing another ship bound for blockaded Gaza carrying aid and activists on Saturday, five days after the bloody seizure of a Turkish ship triggered an international outcry.
A plant of Taiwan's Foxconn Technology Group in east China's coastal city of Yantai Friday said it has agreed to pay housing fund for its 80,000 workers.
John Wooden, college basketball's gentlemanly Wizard of Westwood who built one of the greatest dynasties in all of sports at UCLA and became one of the most revered coaches ever, has died. He was 99.
Republic of Korean (ROK) President Lee Myung-bak on Saturday dismissed the likelihood of a war breaking out on the Korean peninsula, while pledging to clamp down on any action deemed threatening.
Cultural experts in central China's Hunan Province have revamped a group of 1,000-year-old frescoes and unveiled the ancient artwork to the public for the first time.
A multimillionaire's test rocket blasted off on its maiden voyage Friday and successfully reached orbit in a dry run for NASA's push to go commercial.
The US Commerce Department Friday set final anti-dumping duties (AD) and countervailing duties (CVD) on imports of HU$235.9 million wire decking from China, a move which might escalate trade disputes between the two countries.
BP began capturing some oil spewing from its ruptured Gulf of Mexico well on Friday as President Barack Obama warned the company against skimping on compensation to residents and businesses hurt by the 46-day-old spill.
At the US-India Strategic Dialogue that is being held in Washington from Tuesday through Friday, US President Barack Obama is trying hard to ease India's worries that it might be neglected by Washington.
McDonald's pulls plug on over 12m cadmium tainted cheap collectibles