CAMP LIBERTY, Iraq - U.S. forces may be close to unlocking the mystery of who is behind a deadly innovation in Iraqi insurgents' weapons, a "lob bomb" now being used in Baghdad to target U.S. and Iraqi combat outposts, a senior American general said Friday in an Associated Press inter...

With New York and London reviewing their financial-stability arrangements, Hong Kong should also reassess its system, Hong Kong Monetary Authority Chief Executive Joseph Yam says.

The Hong Kong Exchange Fund may record an investment loss again in the second quarter, following the first-quarter deficit, Monetary Authority Chief Executive Joseph Yam says.

After four months of rapid growth the rate of increases in renminbi conversion and the amount of renminbi deposits slowed considerably in May, along with the slower pace of renminbi appreciation in recent weeks, Hong Kong Monetary Authority Chief Executive Joseph Yam says.

ROME - Corn on your table or in your tank? The merits of increasing biofuel production in the middle of a crisis over skyrocketing food prices was being hotly debated at a United Nations summit, but the top U.S. delegate said Wednesday that consensus on the issue was possible.

Consider the game of chicken that plays out every day across Pennsylvania State Highway 441. In Marietta, where the road hugs the Susquehanna River, a Rutter's Farm Store gas station stands on one side, a Sheetz gas station on the other.

BERLIN - Warren Buffett, whose business and investment acumen has made him one of the world's wealthiest men, said in an interview published Sunday he believes the U.S. economy is already in a recession.

Hong Kong's linked exchange rate system has worked well as it is rule-based and transparent, Monetary Authority Chief Executive Joseph Yam says.

WASHINGTON - Commercial banks and other financial institutions need to beef up their ability to detect and protect themselves against risks like the credit and mortgage debacles, Federal Reserve Chairman Ben Bernanke said Thursday.

WASHINGTON - Turmoil in financial markets has eased somewhat, but the situation is still "far from normal," Federal Reserve Chairman Ben Bernanke said Tuesday.

BEIJING - China hoped 2008 would be a yearlong celebration, a time to bask in the spotlight of the upcoming Beijing Olympics. Instead, the Year of the Rat has also brought a wave of troubles — both natural and man-made — that are putting a heavy strain on the communist leadership.

Non-standard lender Provident Financial Plc said on Thursday that it had made a strong start to 2008, with customer numbers up 6.3 per cent in its core consumer credit division at the end of the first quarter.

MOSCOW - With the swearing in of Dmitry Medvedev as Russia's president, the Kremlin leadership now mirrors one of its most potent symbols — the double-headed eagle.

MILWAUKEE - It's a few days before Mother's Day and Robert Jenkins jumps every time the phone rings.

HANOI, Vietnam (AP) - Vietnam has failed to police its adoption system, allowing corruption, fraud and baby-selling to flourish, the U.S. Embassy says in a new report obtained by The Associated Press.

ROME (AP) -- OPEC Secretary-General Abdullah el al-Badri said Sunday oil prices would likely go higher and that the group was ready to raise production if the price pressure was due to a shortage of supply -- something he doubted.

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Mention the word conscription and shudders can be felt throughout the populace. Parents worry about children. Kids are concerned about the possibility of a life interrupted by forced service dictated by some authority they know little and care even less about. Civil researchers who are quick to poin...