Thousands of Portuguese held a rally Saturday in capital Lisbon against government's tough austerity measures in return for the bailout from the international lenders for the debt-stricken country.
The Portuguese government announced on Thursday tax reduction measures to create more jobs and revive the country's flagging economy.
China's manufacturing activity contracted in May, suggesting that economic growth is likely to keep dipping, as authorities have tightened policies over concerns of growing financial risks.
Hong Kong's annual budget bill was passed on Tuesday in the Legislative Council (Legco) after a month-long filibuster.
The United States on Monday denounced Hezbollah for siding with the Syrian government forces in their battle against the rebels in Syria's central city of al-Qussair.
China is trying various ways to build a frugal government, which is needed for the present and upcoming economic situation, and critical to improving public services.
Japanese Prime Minister Shinzo Abe on Friday announced his government's second set of economic growth strategies, including doubling Japan's crop exports to 1 trillion yen (about 9.76 billion U.S. dollars) by 2020 which is seen as a pillar of the new policy package.
Whilst the Legislative Council (Legco) remained stagnant in passage of the fiscal budget for the city, Hong Kong’s Secretary for Finance John Tsang vented disappointment over the delay, and described the Hong Kong government as a “vault without key”.
Chinese Premier Li Keqiang on Monday called for less political power in the market economy in order to motivate creativity of market players and achieve transformation of the government.
The Hong Kong government released the First Quarter Economic Report 2013 on Friday. The territory sees a 2.8 percent year-on-year and 0.2 percent quarter-to-quarter real GDP growth.
Hong Kong's Chief Executive CY Leung said at the Question and Answer session of the city's Legislative Council (LegCo) that the Central government has improved a lot in anti-graft and rescue work after seismic disasters.
In a bid to let the market play its role, the State Council, headed by Premier Li Keqiang, introduced new cuts in red tape to invigorate the Chinese economy.
China's cabinet announced detailed plans on deepening economic reform on Monday, fulfilling its pledge to cut government interventions that hinder more robust growth in the world's second-largest economy.
The leadership of the Communist Party of the Philippines (CPP) called on Sunday its armed front, the New People's Army (NPA), to uphold the human rights accord despite the Philippine government's termination of the peace talks with them.
Meaning phoenix in Chinese, Fenghuang is known for its well-preserved architecture and traditional river town scenes. The exorbitant entry fees have fueled online criticism that the local government is attempting to grasp a share of the tourist revenue from the hands of private businesses.
UN Secretary-General Ban Ki-moon on Thursday said that the UN fact-finding team is "on stand-by and ready to deploy in 24-48 hours" to investigate the alleged use of chemical weapons in attacks in Syria.
China's top leaders on Thursday pointed out difficulties and challenges facing the country, saying macro policies should be stabilized and control over micro segments loosened with better social security measures.
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