India's government is drawing up a major new welfare reform that would hand small plots of land to millions of homeless poor in the countryside, reports said on Thursday.

A $28 billion real estate project in Seoul was facing collapse after developers acknowledged defaulting on a major loan repayment.

As night falls thousands of weary workers stream from textile factories that fan out across Phnom Penh's outskirts, the clothing industry's desire for cheap labour having created an abundance of jobs.

As the first visitors arrive at St. Luke's church in south London, pushing empty shopping trolleys and carrying plastic bags, it is clear they haven't come to worship.

As the first visitors arrive at St. Luke's church in south London, pushing empty shopping trolleys and carrying plastic bags, it is clear they haven't come to worship.

European Union leaders try Thursday to find a difficult balance between austerity policies adopted to cut debt and calls to spend more to generate growth and jobs in an economy stuck in the doldrums.

President Moncef Marzouki on Wednesday swore in a new government to pull Tunisia out of its political and economic crisis, urging patience and saying there was no "magic wand" to solve the country's problems.

Humanitarian agencies Wednesday pleaded with governments to make good on pledges of aid for Syrian refugees, saying they were swamped by demand with a fifth of the country now living in misery.

The UN and its aid partners in Sudan need almost $1 billion to help victims of the Darfur conflict and wars in South Kordofan and Blue Nile states, officials said Wednesday, as funding becomes harder to obtain for the country's long-running crises.

Ireland on Wednesday returned to the 10-year bond market for the first time since it benefited from an international bailout in 2010, raising almost double the amount predicted by analysts.

Medical aid group Doctors Without Borders said Wednesday it was closing its projects in Morocco in protest at the plight of African migrants allegedly abused by Spanish and Moroccan police as they try to reach European soil.

European stock markets closed mostly in negative territory on Wednesday as traders cashed in recent gains and chewed over mixed eurozone inflation figures.

Economic growth in G20 countries climbed by 0.5 percent in the fourth quarter of 2012, slowing only slightly from the 0.6 percent pace recorded in the previous three-month period despite heavy contractions across Europe, preliminary estimates from the OECD showed Wednesday.

World Bank President Jim Yong Kim said on Wednesday that the institution will provide more support to develop India's poorest states as part of its drive to end global poverty within a generation.

The UN and its aid partners in Sudan need almost $1 billion to address humanitarian needs resulting from the Darfur conflict and wars in South Kordofan and Blue Nile states, officials said Wednesday.

Cathay Pacific said Wednesday that 2012 net profit plunged more than 83 percent, as the Hong Kong flag carrier was buffeted by persistently high fuel prices and the eurozone financial crisis.

Commerzbank shares plunged Wednesday after Germany's second-largest bank said it would carry out a 2.5-billion-euro ($3.3-billion) capital hike to pay back state bailouts received during the 2008-2009 financial crisis.

Lawmakers approved on Wednesday a new government formed to pull Tunisia out of its political and economic crises in a breakthrough eclipsed by the death of an impoverished vendor who had set himself alight.

European stock markets fell on Wednesday, mirroring earlier losses in Asia, as traders cashed in recent gains and chewed over mixed eurozone inflation figures.

European stock markets fell on Wednesday, mirroring earlier losses in Asia, as traders cashed in recent gains and absorbed diverging eurozone inflation data.