After China announced its decision to relax the one-child policy, heated discussion and controversy have broken out across the country. The new policy will allow couples to have two children if one of them is an only child.
The Federal Reserve's easy monetary policy will likely stay for an "extended period" to bolster economic growth, Janet Yellen, President Barack Obama's pick for next chair of the U.S. central bank, has said.
When it comes to tackling China's aging population, the country's policy makers know time is not on their side.
Changes to China's one-child policy, in place for decades, have aroused heated discussion, with some demographers seeing the change as a step toward balanced population development.
South Korea's Unification Ministry on Friday urged the Democratic People's Republic of Korea (DPRK) to stop verbal attacks on President Park Geun-hye, saying that Pyongyang should try to put itself in Seoul's position.
U.S. Federal Reserve chief nominee Janet Yellen said Thursday that the country's economy still needs the central bank's life support and premature withdrawal of stimulus would be costly.
Russian politicians on Monday drew attention to corruption, which they believe is one of the causes of the recent Moscow unrest that left about 1,200 people detained.
The U.S. Federal Reserve' s surprise decision on delaying the taper of its bond purchases will damage their ability to communicate with and get consensus in the marketplace, economists said here Friday.
A central Chinese county has denied claims that it attempted to raise fines from family planning policy violators to support its strained government treasury.
International Monetary Fund Managing Director Christine Lagarde Thursday called for better global policy cooperation and economic reforms that could help tackle specific challenges in both advanced and emerging economies.
Despite all the heightened attention and occasional panic over China's economic health, authorities in the world's second-largest economy have so far remained confident of its ongoing rebalancing act.
International Monetary Fund (IMF) Managing Director Christine Lagarde on Thursday urged better global policy cooperation and economic reforms that could help tackle specific challenges in both advanced and emerging market economies.
The Australian government's current policy for automotive industry is"fractured"and failing to respond to the entire industry's medium to longer term needs. A comprehensive, whole-of-industry policy is needed to help the industry be better prepared for challenges, according to the Australian Motor Industry Federation.
High-level talks between South Korea and the Democratic People's Republic of Korea (DPRK) were called off last week. If it happened, it could have ended the no-dialogue period between the two sides under the former Lee Myung-bak administration.
Pakistan on Tuesday angrily reacted to recent remarks by Afghan President Hamid Karzai, who had alleged that Pakistani security agencies are destabilizing Afghanistan.
The U.S. Federal Reserve Chairman Ben Bernanke warned against tightening monetary policy too soon, in testimony before the Congress on Wednesday.
The U.S. Federal Reserve might adjust the pace of purchases up or down as the labor market and inflation outlook changes in a material way, William Dudley, president of the Federal Reserve Bank of New York said Tuesday.