In the latest positive indicator for the Italian economy, the country's industrial production levels inched higher for the second consecutive month in June, though economists say it will be difficult for Italy's economic malaise to weaken substantially until debt levels begin to drop and the political situation stabilizes.
China's exports went up 5.1 percent year on year to 185.99 billion U.S. dollars in July, recovering from a tumble in June, according to data on Thursday.
Sci-fi blockbuster "Pacific Rim" topped China's box office charts in the week ending Aug. 4, grossing 290.5 million yuan (47.46 million U.S. dollars).
Prices of thermal coal in China, used to fire up power plants, have declined 10 percent so far this year amid an economic slowdown and gradual transition.
China's State Administration of Foreign Exchange (SAFE) pledged to step up monitoring and analysis of cross-border capital flows to guard against potential risks.
The Italian Supreme Court on Thursday made definitive a tax fraud conviction for former Prime Minister Silvio Berlusconi, confirming a four-year jail term and ordering a new appeal trial for a related ban on public office.
Indian Finance Minister P. Chidambaram said Wednesday that his country will further liberalize its economy to attract more foreign investment.
China's economy will maintain steady growth in the second half of this year amid "extremely complicated domestic and international conditions," according to the Political Bureau of the Communist Party of China Central Committee.
Myanmar is taking various measures to boost tourism and as part of the measures, it is trying to turn at least 100-year old four colonial-style buildings, once government offices in Myanmar's downtown Yangon, to hotels to meet the growing demand for hotel rooms as Myanmar sees flocks of tourists and business travelers entering the country.
Sri Lanka's tourism watchdog has downgraded arrival targets for 2013, an official said here on Monday, in what could be the first time that the industry fails to meet expectations since the end of a three decade conflict in 2009.
The resource dependent Australian economy is in a holding pattern as the tension ahead of a critical federal election ramps up. All eyes are on the bell-weather retail industry and Aussie consumers, who, according to a leading economist, have "gone on strike" in 2013.
China's job market showed some resilience in the first half despite economic difficulties, but officials warned Thursday that employment pressure remains high.
A 26-year-old Fijian mother has been charged with two counts of manslaughter arising from negligence and duty of care of parents for the deaths of her two children in Taveuni, Fiji.
Encouraged by low-budget comedy "Lost in Thailand," Chinese domestic producers have shifted their focus from blockbuster epics to real-life dramas and comedies, which has gained huge popularity among Chinese audience.
Chinese Premier Li Keqiang says macroeconomic policies should be more scientific, forward-looking and targeted, to promote healthy growth in the long run.
U.S. builder confidence for newly-built, single-family homes edged up to the highest level in more than seven years in July, a leading industry report said on Tuesday.
J.P. Morgan has revised down its estimate on China's 2013 year-on-year economic growth rate from 7.6 percent to 7.4 percent, lower than the government's official target of 7.5 percent.
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