The International Monetary Fund will not return to Greece to review its loan program before Athens holds fresh elections on June 17, an IMF official has said.
Lawmakers in Bosnia's Serb Republic have lifted the region's debt ceiling to 60 percent from 48 percent of gross domestic product, a day after the cash-strapped country opened talks with the International Monetary Fund on a new loan deal.
A strong earthquake has rocked a large swathe of northern Italy early on Sunday, killing at least four people, injuring dozens and seriously damaging historic buildings such as churches, bell towers and a mediaeval castle.
US President Barack Obama and British Prime Minister David Cameron resorted to a spot of treadmill diplomacy to tackle the world's problems on Saturday, sweating over the euro zone debt crisis while working out at the gym.
Myanmar's government and ethnic rebels engaged in peace talks signed a deal Saturday to wipe out drug production in Shan state, a minister involved in negotiations told AFP.
Japan Post Insurance's investment in Japanese government bonds is expected to fall by 2.1 trillion yen ($26.13 billion) in the current financial year against the previous year, and it will concentrate on investing in superlong Japanese government bonds (JGBs), the company's chief portfolio manager said on Thursday.
Iranian petrochemical exports have plunged nearly 90 percent in the last two weeks as most maritime firms, including those in Iran, cannot find insurance to transport the cargo due to EU sanctions, according to traders and shipping data.
Facing an imminent toughening of sanctions, Iran is hinting at a readiness to give some ground in its long nuclear stand-off with world powers, but any flexibility could split their ranks and lead to protracted uncertainty about how to respond.
ZTE Corp, the world's No.4 handset vendor and one of two Chinese companies under U.S. scrutiny over security concerns, said one of its mobile phone models sold in the United States contains a vulnerability that researchers say could allow others to control the device.
A small group of anti-war demonstrators staged a peaceful "die in" on Thursday at President Barack Obama's election campaign headquarters in Chicago to demand an end to the war in Afghanistan and unmanned drone aircraft attacks overseas.