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JapanPMShinzoAbe-072716.jpg Japanese Prime Minister Shinzo Abe on Wednesday said his government is set to unveil a stimulus package of more than 28 trillion yen ($266 billion) to boost the sluggish economy that is witnessing fragile growth and hardly any inflation.

Japanese Prime Minister Shinzo Abe on Wednesday said his government is set to unveil a stimulus package of more than 28 trillion yen ($266 billion) to boost the sluggish economy. He made the announcement in a speech in southwestern Japan and said that the package would include 13 trillion yen in...

Turkey has arrested 6,000 people after a failed coup, with President Erdogan vowing to purge state bodies of the "virus" that caused the revolt. Erdogan's top military aide Col Ali Yazici is among those now in custody. The overall death toll for the weekend violence has risen to 290. More than...

The newly appointed U.K. Chancellor of the Exchequer Philip Hammond said the country will not have a post-Brexit emergency budget. In a string of interviews given to various British media outlets, the former foreign secretary said the "Brexit" vote sent a shock to the financial system, rattling confidence....

Cameron-May-071316.jpg After receiving a standing ovation in his final Prime Ministers Questions session, David Cameron is set to hand over the U.K. premier role to Theresa May later on Wednesday. Hosting his final PMQ in the House of Commons, Cameron said in a light-hearted speech, "I will miss the roar of the crowd, I will miss the barbs of the opposition, but I will be willing you on."

Theresa May's popularity ratings have increased significantly from a year ago with more than half of the respondents of a survey saying that she has what it takes to be a good Prime Minister of the United Kingdom, surveyor Ipsos Mori said Wednesday. A survey conducted between July 9 and 11 showed...

TheresaMay-071116.jpg Britain is set to have a new female Prime Minister as Home Secretary Theresa May is the only contender left in the Tory Leadership race, after Energy Minister Andrea Leadsom withdrew on Monday. It remains unclear whether the confirmation will come by the end of Monday or this week. After party confirmation, May must meet the Queen, who will return to London only tomorrow or Wednesday.

Andrea Leadsom has bowed out from the Conservative Leadership race, thus leaving only Theresa May as the contender to fill the Prime Minister role. In a statement, Leadsom said she lacked "sufficient support to lead a strong and stable government". She also said that it was in the interests of...

U.K. Labour Party Chief Jeremy Corbyn is set to face a leadership challenge as Angela Eagle announced on Saturday that she will launch her bid for the party's top position next week. Like the Conservatives, the main U.K. opposition party has witnessed chaos after the surprise "Brexit" vote. Several...

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