We need to deepen our defense and security co-operation, and this is why I have come to India, Panetta said.
Iran has accused the U.N. nuclear inspectors of spying for Western powers and said it would continue to enrich uranium as negotiations in Moscow approach with the aim of scaling back Teheran's nuclear energy program.
Such precautions were undertaken because communications devices had been hacked during previous ministerial visits to China.
Futures on the major U.S. indices point to a higher opening Wednesday ahead of a report on the Federal Reserve's Beige Book and the European Central Bank's (ECB) monthly rate-setting meeting.
Asian markets rose Wednesday amid positive economic data from the U.S. and the G7 finance ministers' decision to work closer together to tackle the euro zone economic crisis.
Stock markets in China and Hong Kong advanced Wednesday on speculation that the People's Bank of China will cut interest rates soon to help the economy regain its growth momentum.
Asia's newest long-haul budget carrier Scoot took off on its maiden flight from Singapore to Sydney Monday, using a novel approach to saving fuel: iPads.
Russia and China strengthen their geopolitical partnership ahead of a major meeting of Eurasia leaders. But rather than love, it may be just a marriage of convenience.
During a meeting in Beijing on Tuesday, Russian President Vladimir Putin and his Chinese counterpart, Hu Jintao, pledged to prevent foreign intervention in Syria.
Panetta's speech at the Shangri-La Dialogue in Singapore this past weekend was meant to be about America's grand return to the Pacific. Instead, everyone's attention was on China.
General Motors Corp. (NYSE: GM) and its joint ventures in China sold a record number of vehicles last month as demand jumped more than 20 percent from the year-earlier level.
Spain said on Tuesday that credit markets were closing to the euro zone's fourth biggest economy as finance chiefs of the Group of Seven major economies were to hold emergency talks on the currency bloc's worsening debt crisis.
Crude oil futures hovered below $84 a barrel Tuesday as concerns over the euro zone debt crisis continued to weigh on the sentiment.
Futures on major U.S. indices point to a slightly higher opening Tuesday ahead of the nonmanufacturing composite index report, as well as a teleconference among G7 leaders.
Stock markets in China and Hong Kong advanced Tuesday after data showed that the China's services industry expanded at its fastest rate in 19 months in May.
Asian markets rose Tuesday amid hopes that policy makers in Europe would take measures to stem the debt crisis and regain the economic growth momentum.
Tensions flared in northwestern Myanmar after 10 Muslims were beaten to death by a mob of Buddhist vigilantes Sunday in retaliation to the rape and murder of a girl allegedly by Muslim men.
India's BSE Sensex rose Tuesday, tracking positive cues from other Asian markets and following recovery staged by the rupee.
China's services activity in May grew at the fastest rate in 19 months, according to the HSBC Purchasing Managers Index released Tuesday.
For most Chinese nationals under 30, the Tiananmen Square Massacre does not even register on their timeline of contemporary historical events.
Finance chiefs of the Group of Seven leading industrialized powers will hold emergency talks on the euro zone debt crisis on Tuesday in a sign of heightened global alarm about strains in the 17-nation European currency area.
Madonna is scheduled to perform in Paris on Bastille Day (July 14) and later in the coastal city of Nice in August.
