Thai Baht Drops Amid Continuing Political Uncertainty
December 23 2013 6:18 AM
Investors are not buying the baht, which suffered also from the Fed’s decision to wind down its bond-buying program in January.
Bangladesh Factory Owners Charged In 2012 Fire
December 23 2013 3:13 AM
Workers were allegedly misled into believing that the fire alarm went off as part of a routine fire drill.
India Ignores US Security Concerns Following Attack On Mumbai Pizza Outlet
December 23 2013 1:07 AM
Protesters ransacked a Domino’s Pizza outlet in a Mumbai suburb on Friday demanding a ban on U.S. goods.
Morgan Stanley Offloading Commodities Business
December 21 2013 1:59 PM
The investment bank announced the sale of oil trading business to Russia’s state-run Rosneft.
Google, Apple Buses Targeted By Protesters In San Francisco
December 21 2013 11:36 AM
Protesters say that high-paid tech industry workers are displacing low-income residents in the city.
Mikhail Khodorkovsky Released From Prison
December 20 2013 7:18 AM
The former oil tycoon and Putin’s foe, who was convicted on charges of tax evasion and embezzlement, received a presidential pardon.
UK GDP Robust In Q3, But Current Account Deficit Spikes
December 20 2013 5:23 AM
Analysts say economic growth could worsen existing imbalances in the economy as CAD increased three-fold over the previous number.
EU Leaders Tread Uncharted Waters With Ambitious Banking Reform
December 20 2013 4:00 AM
The deal involves the creation of a $75 billion common European fund to tackle ailing banks while avoiding expensive, taxpayer-funded bailouts.
Ebay’s Omidyar Makes Journalism Foray With $50M Outlay
December 20 2013 1:00 AM
Omidyar pledges $50 million for a media company that will have a digital arm and a journalism arm.
Brazil Jobless Rate: 11-Month Low
December 19 2013 7:04 AM
Thursday’s government data showed that the labor market remained strong despite weak growth and rising inflation.
White House Panel Proposes Reforms To Curb NSA Spying
December 19 2013 6:55 AM
“The message is very clear. NSA, you’ve gone too far,” Senate Judiciary Committee Chairman Patrick Leahy said after the report’s release.
Kerry Expresses 'Regret' Over Diplomatic Row, NY Prosecutor Defends Arrest
December 19 2013 4:39 AM
The U.S. attorney in Manhattan criticized India for focusing solely on the official’s arrest and not on the underpaid victim's plight.
Bristol-Myers Squibb Closing In On $3B Deal With AstraZeneca
December 19 2013 1:46 AM
A report about an imminent deal shows that the two partners are betting differently on the market for diabetes drugs.
India Approves Landmark Anti-Corruption Bill
December 18 2013 7:29 AM
The move, which was delayed for almost five decades, comes soon after the ruling Congress party suffered a major blow in state elections.
UK Jobless Rate Falls, But Has The BOE Moved On?
December 18 2013 6:05 AM
The Bank of England said short-term interest rates in the U.K., U.S. and euro zone have diverged more than earlier in the year.
US-India Row Escalates Over Indian Diplomat’s Arrest
December 18 2013 4:35 AM
India withdrew special privileges to U.S. diplomatic officials in India, while politicians snubbed visiting U.S. delegations.
What’s In Store For Singapore’s Rioters?
December 18 2013 1:19 AM
The men, all of them Indians barring one Bangladeshi national, are implicated in the worst riot in the city-state in 40 years.
UN Appeals For $6.5B In Aid For Syria
December 17 2013 7:17 AM
The amount represents half of all global humanitarian aid the U.N. and its partners will require in 2014.
German ZEW Sentiment At Highest Level In 7 Years
December 17 2013 6:09 AM
ZEW analysts expect economic development in Germany and the euro zone to improve further in 2014, while others urge caution.
Are Antibacterial Soaps Really Safe?
December 17 2013 4:28 AM
The FDA has said risks associated with antibacterial soaps may outweigh their benefits and have unexpected hormonal side effects.