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Markets hopeful over German court ruling

Markets rallied Tuesday amid growing confidence that a top German court will rule favorably on Europe's bailout fund.

Shoe factory fire in Pakistan kills 25 people

LAHORE, Pakistan (AP) — A fire that broke out in a factory in eastern Pakistan on Tuesday killed 25 people when sparks from a generator hit chemicals used to make...

Car bomb kills 12 in Pakistan

Islamabad: At least 12 people were killed and 50 others injured when a powerful car bomb went off at a busy market in northwest Pakistan on Monday, officials said. The...

Markets steady as traders await key euro events

Financial markets have started the week on a flat note as traders wait for further developments in Europe's debt crisis and the U.S. Federal Reserve's latest...

LeJ chief granted bail in hate speech case

Lahore: A Pakistani court on Monday granted bail to Malik Ishaq, the chief of the banned Lashkar-e- Jhangvi, for making hate speeches against Shias. Additional District...

Rumors Fueled by Mysterious Absence of China’s Presumptive New Leader

BEIJING — Speculation intensified on Monday over the whereabouts of China’s presumptive new president, Xi Jinping, who has been missing from public view in...

Despite jobs data, Obama leads polls – but for how long?

US, Afghans locked in dispute over detainees

President Hamid Karzai welcomed Monday's handover of the main American-run prison to Afghan forces as a victory for Afghan sovereignty, though he and U.S. officials...

Prison Transferred to Afghans, but Questions Remain

BAGRAM, Afghanistan — At a ceremony here on Monday to celebrate the full transfer of Afghan detainees and prison operations to Afghan control, there may have been...

China Fuel Prices Rise Second Time in Month as Oil Gains

China, the world’s second-biggest oil consumer, increased gasoline and diesel prices for the second time in about a month as rising crude costs threaten to curb...