When the U.S. subprime mortgage industry sputtered out, it sent world markets into a tailspin. But that's nothing compared to what a crash in China's financial market would do to the global economy, Chris Farrell tells us.
Japan's Prime Minister Shinzo Abe is visiting India with 200 Japanese executives in tow. The motivation behind the high-profile visit: Both countries are looking for economic allies as they warily eye China's rise. Steve Henn explains.
The IOC has warned Beijing that it needs to do something about its pollution problem or risk losing some events during the 2008 Olympics. So the Chinese government forced some 1.3 million cars off the roads in a four-day experiment to clean up the air.
Globalization has reached grade school. Thanks to the Internet and a little entrepreneurial spirit, some students are getting help with their studies from tutors on the other side of the world. Francesca Segre reports.
The London Stock Exchange rebuffed its takeover advances earlier this year, so NASDAQ announced this morning it's putting its 31 percent stake in LSE up for sale. It's got its eye on another exchange now, Ashley Milne-Tyte reports.
The annual meeting of North American presidents, designed to integrate the economies of the the U.S., Canada and Mexico, has earned the nickname "Three Amigos Summit." But relations are strained among these so-called friends, Dan Grech reports.
Switzerland's central bank chairman took off the gloves over the weekend, predicting in press interviews that we haven't seen the end of the crisis in world financial markets, thanks to the U.S. Stephen Beard has more.
The bells at London's famed clock tower have been quieted so some of its 148-year-old parts can be replaced. That they lasted that long is a marvel of Victorian engineering, explains Keeper of the Great Clock Mike McCann.
Online phone provider Skype is still working on its network this morning after a software crash yesterday left some 220 million users without service. Critics say the incident highlights a glaring flaw, Stephen Beard reports.