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  Reuters: Top News

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China overtakes Japan as No.2 economy: FX chief BEIJING (Reuters) - China has overtaken Japan to become the world's second-largest economy, the fruit of three decades of rapid growth that has lifted hundreds of millions of people out of poverty.

Imports slow second-quarter growth WASHINGTON (Reuters) - Economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer spending eased, raising concerns about the recovery in the rest of 2010.

House vote seen close on oil spill bill WASHINGTON (Reuters) - A close vote is expected later on Friday when the U.S. House of Representatives decides on legislation to reform the oil industry's offshore drilling practices in response to the massive Gulf oil spill.

U.N. rights body tells Israel to end Gaza blockade GENEVA (Reuters) - Israel must lift its military blockade of the Gaza Strip and invite an independent, fact-finding mission to investigate its raid on a Gaza-bound aid flotilla, a United Nations rights body said on Friday.

Afghan police fire shots to quell protest after accident KABUL (Reuters) - Afghan police fired shots on Friday to disperse hundreds of people protesting the deaths of civilians in an accident involving a U.S. embassy vehicle, police said.

Mexican army kills kingpin in drug war coup GUADALAJARA, Mexico (Reuters) - Mexican soldiers killed drug boss Ignacio "Nacho" Coronel on Thursday, the first major triumph this year for President Felipe Calderon's war against drug cartels but one that is unlikely to end spiraling violence.

Fire prompts evacuation of 2,000 homes north of L.A LOS ANGELES (Reuters) - A fierce brush fire nearly doubled in size overnight as it threatened power lines that supply electricity to the greater Los Angeles area, but evacuation orders for 2,000 homes were lifted, officials said on Friday.