Securing growth, promoting stability top priority of G20 members, says Chinese president
Chinese President Hu Jintao says growth, employment and stability should be the top priorities of the G20 member countries.
In a speech to the G20 summit in Mexico, Hu Jintao is urging the leaders to strengthen cooperation, saying the global economy is facing significant risks to growth and stability.
Hu Jintao has cited the prolonged eurozone debt crisis, slowdowns in major developed and emerging economies, and high unemployment in certain parts of the world as some of the biggest threats to a fragile global recovery.
At the 2-day meeting, the G20 leaders have been focusing on the global economic situation, the strengthening of the international financial system, development, trade and employment.
"Psycho killer" back in Canada to face murder charge
The Canadian man accused of the grizzly murder of a Chinese national is back in Canada.
Luka Magnotta is scheduled to make his first court appearance in Montreal later on this Tuesday for the first-degree murder of 33-year old Lin Jun.
The native of Wuhan was murdered last month, with his corpse then cut up, parts of which were then mailed across Canada.
The murder and dismemberment of Lin was allegedly posted on-line by Magnotta, who then fled Canada before eventually being picked up in Germany.
China to contribute 43 billion USD to IMF recapitalization
China has announced it plans to contribute 43 billion U.S. dollars into the recapitalization of the International Monetary Fund.
The announcement has been made at the G20 summit in Mexico.
The G20 leaders have agreed to ensure the IMF is sufficiently capitalized to try to mitigate the risks posed by a downturn in the world economy.
The Chinese side says the recapitalization has to be based mainly on quotas, the details of which were hammered out back in 2010.
Fitch downgrades India's outlook to negative
Fitch has cut its outlook for India's economy to negative, saying the country's growth faces "heightened risks".
Fitch is warning India's growth potential "will gradually deteriorate if further structural reforms are not hastened".
It adds the government there has made little progress on reducing its deficit.
The downgrade comes just days after Standard & Poor's warned India could lose its investment grade status.
The Indian economy expanded at an annual rate of 5.3 percent in the first quarter, the slowest pace in nine years.
Pakistani court disqualifies PM Gilani
Pakistan's Supreme Court has disqualified Prime Minister Yusef Raza Gilani from holding the office.
The court has ruled Gilani can no longer be Prime Minister or a member of the Pakistani Parliament.
This follows his failure to appeal a previous conviction for contempt of court.
The Pakistani Supreme Court has also ruled President Asif Ali Zardari has to appoint a new prime minister.
Number of missing rises to 58 in wooden ship sinking in E.Indonesia
Close to 60 people are believed missing after a ship sank in the waters of Indonesia.
Reports are now suggesting 58 people were onboard the wooden boat when it went down.
The original manifest only showed 15 people onboard.
However, its believed many of those onboard didn't register as passangers.
Of the 70 people onboard the boat, only 12 have been saved so far.
It's believed overloading and bad weather are at the root of the accident.
Powerful typhoon disrupts train, flight services in Japan
A powerful typhoon is pounding Japan.
Typhoon Guchol is packing winds of around 125-kilometer per hour.
The typhoon is currently pounding the western part of Japan, causing the cancellation of at least 100 train trips in the city of Osaka.
The heavy rains being brought on by Guchol have also prompted the authorities to move around a thousand people out of harms-way.
The typhoon is expected to continue pounding western Japan through Wednesday.
Tropical storm Talim approaching S China
Meteorlogical authorities are warning that Tropical Storm Talim is picking up strength as it approaces the southern Chinese coast.
Talim is currently swirling in the waters where the South China Sea meets the Taiwan Strait.
It's expected to start pounding the coast of Fujian Wednesday morning.
The storm is packing winds of around 85-kilometers per hour.
Authorities along the coastal areas of Fujian are being warned to prepare possible evacuation scenarios.
Talim is forecast to move through the Taiwan Strait and on to Japan in the coming few days.
China's manned submersible reaches 6,965 meters under sea
China's manned deep-sea submersible, the Jiaolong, has reached a depth of 69-hundred-65 meters below the sea during its second dive into the Mariana Trench.
The dive was supposed to take place yesterday, but had to be delayed because of an overhaul to a hydraulic system.
Last Friday, the vessel reached the 67-hundred meter mark during its first dive.
The Jiaolong is scheduled to attempt four more dives, with the overall goal to hit 7-thousand meters.
Chinese astronauts in space receive first e-mail from Earth
China's Space Control Center says the astronauts in Tiangong-1 have received their first e-mail from Earth.
The e-mail contains photos, text and videos.
It has been sent through a special communication channel between the control center and the lab module.
The three astronauts are the first group of Chinese to enter an orbiter in space, following the automatic docking between the orbiter and the Shenzhou-9 spaceship on Monday.