The dollar slipped on Monday as traders took a lack of agreement on currencies among Asian and U.S. leaders as a cue to sell the greenback, even as speculation of a near-term yuan appreciation cooled.
Gold touched a fresh high above $1,030 an ounce in Europe on Monday as momentum from recent gains and a slide in the dollar index sparked fund buying of the precious metal.
President Obama and leaders from the rest of the world's top economic powers acknowledged Sunday that there's no hope of a major breakthrough over climate change by year's end.
Big promises, no international climate deal and consensus that pulling the plug too quickly on stimulus spending could undermine the global economic recovery -- those are the key results (or lack thereof) from the APEC summit, which wraps up Sunday in Singapore.
Peruvian President Alan Garcia left Singapore on the eve of the Asia-Pacific Economic Cooperation summit after reports surfaced that an air force officer was accused of spying for the Chilean government, Peru's foreign minister said Saturday.
While economists fret whether the sharp "V"-shaped drop of the financial crisis will turn into a double-dipped "W" recovery, Tan Pheng Hock is most worried about the "P" word: Protectionism.
As political and business leaders representing more than half of the world's economic output start to gather in Singapore for the weeklong annual summit of the Asia-Pacific Economic Cooperation, a question looms: Does APEC matter?
The political and economic elite of countries that account for more than half the world's GDP are gathering this week in Singapore for the 20th anniversary of the Asia-Pacific Economic Cooperation.
Thai prime minister Somchai Wongsawat declared a state of emergency Thursday at Bangkok's two main airports, which are still being besieged by anti-government protesters, a government spokesman said.
The dollar slipped on Monday as traders took a lack of agreement on currencies among Asian and U.S. leaders as a cue to sell the greenback, even as speculation of a near-term yuan appreciation cooled.
Gold touched a fresh high above $1,030 an ounce in Europe on Monday as momentum from recent gains and a slide in the dollar index sparked fund buying of the precious metal.
President Obama and leaders from the rest of the world's top economic powers acknowledged Sunday that there's no hope of a major breakthrough over climate change by year's end.
Big promises, no international climate deal and consensus that pulling the plug too quickly on stimulus spending could undermine the global economic recovery -- those are the key results (or lack thereof) from the APEC summit, which wraps up Sunday in Singapore.
Peruvian President Alan Garcia left Singapore on the eve of the Asia-Pacific Economic Cooperation summit after reports surfaced that an air force officer was accused of spying for the Chilean government, Peru's foreign minister said Saturday.
While economists fret whether the sharp "V"-shaped drop of the financial crisis will turn into a double-dipped "W" recovery, Tan Pheng Hock is most worried about the "P" word: Protectionism.
As political and business leaders representing more than half of the world's economic output start to gather in Singapore for the weeklong annual summit of the Asia-Pacific Economic Cooperation, a question looms: Does APEC matter?
The political and economic elite of countries that account for more than half the world's GDP are gathering this week in Singapore for the 20th anniversary of the Asia-Pacific Economic Cooperation.
Thai prime minister Somchai Wongsawat declared a state of emergency Thursday at Bangkok's two main airports, which are still being besieged by anti-government protesters, a government spokesman said.
President Bush, in what could be his final overseas trip as president, called on international leaders Saturday to continue his administration's push for free trade despite the global financial crisis.
President George W. Bush, in what could be his final overseas trip as president, called on international leaders to continue his administration's push for free trade despite the global financial crisis.
First lady Laura Bush was "resting comfortably at the White House" on Saturday after successful surgery to relieve pressure on pinched nerves in her neck, her press secretary Sally McDonough said in a statement.
U.S. President George W. Bush on Friday urged Asia-Pacific nations to keep up the anti-terror fight, deploying both military might and democratic ideals to turn the tide against extremists.
In a rare public exchange highlighting the delicacy of political diplomacy, President Bush told South Korean President Roh Moo-hyun a formal end to the Korean War begins when North Korea halts its secretive nuclear weapons program.
Pacific Rim nations agreed Thursday that climate change was of "vital interest," but officials squabbled over whether to prioritize the issue in their annual summit statement
Indonesia was set to sign a $1 billion defense deal with Russia on Thursday that will enable it to purchase dozens of helicopters, tanks and submarines over the next 15 years, a government spokesman said.
U.S. President George W. Bush urged Pacific Rim nations on Wednesday to band together on tackling global warming, saying all major polluters must be part of any solution. But finding consensus on the issue among Asian leaders at their annual summit has proven elusive.
Australia's conservative prime minister has pushed climate change to the top of the agenda for this week's APEC forum. But can the U.S. and China be brought onboard this time?
Australian Prime Minister John Howard, a strong U.S. ally, told reporters on Wednesday that the military effort in Iraq is scoring gains and that Australia's military would maintain its presence there.
President Bush is cutting short his stay at this year's Asia-Pacific summit, but the fact that he's going -- at a pivotal moment in the debate over his Iraq policy -- is meant to show he's not neglecting the neighborhood.
Police tightened security Sunday as senior officials from Pacific Rim nations began meetings to prepare for a summit of regional leaders that will tackle trade and global warming.
Asia's second-fastest-growing economy is taking its place on the global stage. But Vietnam's leaders say the rough-and-tumble global marketplace has left them a little shell-shocked.
China supports proposed changes to the International Monetary Fund' s voting rights system but they don' t go far enough to empower some developing regions, China' s finance minister said Thursday.
The leaders of 21 Asia-Pacific nations, including U.S. President George W. Bush, have begun their annual economic summit in South Korea with a call for the European Union to do more to break the impasse in talks on securing a global trade liberalization deal.
U.S. President George W. Bush and leaders of 20 other countries from around the Pacific Rim have begun their annual economic summit in South Korea, with trade, terrorism, bird flu and how to deal with North Korea's nuclear ambitions all on the agenda.
U.S. President George W. Bush has maintained his hard line on North Korea, saying there will be no assistance to Pyongyang until it gives up its nuclear weapons and programs.
Trade between the United States and China has never been more central to both nations' economies. That makes closing the soaring trade gap more important, and more difficult than ever.
President Bush, visiting Chile for the APEC summit, expects his first trip outside the United States since winning a second term to bear political and economic fruit among Asian and Latin American countries.
U.S. President George W. Bush and other leaders from Asian and Pacific countries have begun arriving in the Chilean capital of Santiago for a weekend summit focusing on trade and economic issues.
President Bush left his Texas ranch Friday for the 21-nation Asia-Pacific Economic Cooperation forum in Chile --his first post-election international trip.
U.S. President Bush's first post-election international trip -- to the Asia-Pacific Economic Cooperation forum in Chile -- has highlighted the White House's desire to tackle the issue of North Korea's nuclear threat.
While U.S. authorities and EU airlines test security schemes that allow frequent flyers to escape airport delays, the Asia Pacific region is already ahead of the game.
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