Europe, Asia | featured news

A vase that sat, little-noticed, in a modest suburban home has become one of the most expensive Asian artworks ever sold -- and underlined the rapid rise of the Chinese art market.

China offered on Saturday to buy Greek government bonds when Athens resumes issuing, in a show of support for the country whose debt burden pushed the euro zone into crisis and required an international bailout.

The tone for Wall Street’s retreat was set before the opening bell with markets in Asia and Europe also falling.

Dow plummets nearly 220 points after trade deficit unexpectedly widens and reports from Asia, Europe spurs concerns recovery is veering off track.

Asia-Pacific millionaires are collectively worth more than their European counterparts for the first time, with the rich in China and India leading the way, a study said Wednesday.

The cost of doing business in China is going up, and that could drive up consumer prices in the United States and Europe.

Shares rose as Chinese officials said Europe would remain one of their most important markets for investment.

China defended its curbs on exports of industrial raw materials against unfair-trade complaints by the United States and Europe and announced Wednesday it has filed its own challenge to a U.S. ban on imports of Chinese poultry.

India's prime minister appealed for calm as riots spread to several northern Indian cities to protest a deadly shooting at a Sikh temple in Austria.

Urban visionaries in London and Seoul, two of the world's busiest capital cities, foresee buses gliding through their streets with speed, ease and efficiency - without emitting the exhaust fumes that scientists say are contributing to global warming. Under Mayor Boris Johnson's vision, London's iconic red double-decker Routemaster buses would be back on the streets - but powered by electricity, not gasoline.