
China has claimed the top spot on the list of the world's supercomputers. The title has gone to China's Tianhe-1A supercomputer that is capable of carrying out more than 2.5 thousand trillion calculations a second.

Bishops must guide their faithful to use their vote to oppose efforts to legalize abortion and euthanasia, Pope Benedict XVI told bishops from Brazil.

United Nations Secretary-General Ban Ki-moon stated he was sorry to hear Néstor Kirchner had died so prematurely. The UN leader placed strong emphasis on Kirchner's relevant role for multilateralism.

The Singapore stock exchange (SGX) has unveiled a multi-billion dollar bid for the company that owns the Australian Stock Exchange (ASX) in Sydney. If approved the 8.3 billion take-over would mark the first stock exchange merger in the Asia Pacific region.

Enrique Iglesias, Ibero-America secretary general praised the G-20 decision to reform the IMF giving greater representation to the emerging economies but warned that the so called “currencies war” threatens to trigger a dangerous bout of protectionism at world level.

Qatar, the wealthy Gulf Arab state whose foreign assets include London property and investments in Volkswagen, may buy Christie's auction house to bolster its cultural credentials, the Financial Times said.

The 33 miners saved from underground hell in Chile have been honored as heroes at the presidential palace, but have lost out at soccer against a team of rescuers captained by President Sebastian Piñera.

David Cameron has again defended his Government's spending cuts, insisting they are fair with society's richest shouldering the greatest burden.

United States Treasury Secretary Timothy Geithner has said he believes China is now committed to allowing the Yuan to go up in value. Mr Geithner made the comment in a TV interview before he held talks with China's Vice-Premier, Wang Qishan.

After leading the global recovery for a second year, Asia’s economic outlook remains positive but, in its latest report on the state of the region’s economy, the IMF cautions that inflationary pressures are emerging.