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Swedish investment bank HQ Bank said Monday it was going into involuntary liquidation after the country's financial supervisory authority revoked all its licences.

The choice of Labour leader is not just crucial for the party but to the country. It is about choosing someone who won't merely be the Leader of the Opposition, but who could be Prime Minister after the next election.

The Australian actor Paul Hogan has been banned from leaving the country because of claims he owes millions of pounds in unpaid tax.

US Senator John McCain easily claimed victory in an Arizona primary, fending off a challenge seen as a test of the country's anti-incumbent mood as Americans decide in November who controls Congress.

AP - Japan's export growth slowed for the fifth straight month in July as slowing global demand and a strong yen erode a key driver of the country's economy.

Wyclef Jean placed his bid for Haitian president, but the country's Provisional Electoral Council (CEP) said he didn't have enough residency to qualify. Now, he and his lawyers are battling their decision, claiming that corruption ruined his legal right to run.

Fresh landslides rocked another area of China on Wednesday, sweeping through a mountain town in the southwest of the country after days of heavy rains and leaving at least 67 people missing and cutting off access to the area.

On the heels of a debt crisis that pushed their country close to bankruptcy this year, Greeks are savouring a badly-needed summer breather ahead of a new austerity drive expected next month.

AP - The economy of the 16 countries that use the euro grew by a better-than-expected 1 percent during the second quarter as growth engine Germany expanded at its fastest pace since reunification two decades ago.

Reuters - As dozens of U.S.