The German government's panel of independent economic advisers favors creating an insolvency mechanism for euro zone states and says countries should be able to leave the single currency as a last resort.

• July 28, 2015

Mrs Zhu is just the type of investor the Chinese government should worry about as it tries to engineer a turnaround in the country's stock markets, whose massive swings have heightened fears for the country's financial health.

• July 28, 2015

Turkey and the United States are working on plans to provide air cover for Syrian rebels and jointly sweep Islamic State fighters from a strip of land along the Turkish border, bolstering the NATO member's security and providing a safe haven for civilians.

• July 27, 2015

South Sudan's warring factions may face further international pressure if they do not reach a peace deal by Aug. 17, U.S. President Barack Obama said on Monday, ahead of talks with east African leaders to study penalties if the deadline is not met.

• July 27, 2015

Germany is willing to discuss the creation of a euro zone finance minister who would have his own budget and raise extra taxes, the German magazine Der Spiegel reported on Saturday.

• July 27, 2015

China said on Friday it had every right to drill in the East China Sea close to waters disputed with Japan, adding that it did not recognize a "unilateral" Japanese median line setting out a boundary between the two in the waters.

• July 25, 2015

Germany is willing to discuss the creation of a euro zone finance minister who would have his own budget and raise extra taxes, the German magazine Der Spiegel reported on Saturday.

• July 25, 2015

A Pakistan-based militant group has disowned a splinter faction suspected of a string of killings in Jammu and Kashmir, with the rebuke followed swiftly on Friday by a string of attacks on telecoms facilities in the state's main city.

• July 25, 2015