CHINA

Indian Rupee dropped to four-months-low of 53.83 at midsession before closing at 53.41/42 against dollar on Thursday, despite Reserve Bank of India's's suspected interventions. Rupee has been continuing its steady fall and the analytics are expecting the Indian currency to touch an all time low of 55.00 per dollar within a short period.

The U.S. economy added far fewer jobs than expected in April, while the unemployment rate edged down as more people gave up hope of finding jobs, reinforcing the fear that the job market recovery could be losing steam.

China must follow a low-carbon growth path to reduce carbon emissions, which are believed to be highest among several cities in the country, the World Bank said on Thursday.Shanghai, Beijin and Tianjin are amongst the cities accounting for around 70 percent of the world's greenhouse gas emissions which is set to increase as china's population climbs to another 350 million in the next couple of decades, the international financial group said in a report.

After being portrayed as a hacker enemy in the trailer of Activision's upcoming first-person shooter game Call Of Duty: Black Ops 2, hacktivist group Anonymous has targeted company's CEO Eric Hirsberg and revealed his personal information on its own data-sharing website AnonPaste.

Asian stock markets declined Friday as weaker-than-expected data on the U.S. services sector and disappointing April retail sales fueled concerns that the recovery in the world's largest economy is slowing.

Depressed theater sales in the U.S. and bullish predictions about China's growing film market are driving big Hollywood directors and major studios to look across the Pacific for growth opportunities.

Mitt Romney assailed the Obama administration for its handling of Chinese dissident Chen Guangcheng's attempted defection, building on his stance that Obama has not pressed China enough on human rights abuses.

Ernst & Young projects that by 2015, money flowing to Africa will reach $150 billion, which will create 350,000 new jobs annually.

The IAEA has already demanded access to Iran?s atomic sites as long ago as November when it released a report detailing its suspicions that the Iranians were planning to develop nuclear bombs.

Temasek Holdings, the Singapore state-owned investment group sold $2.48 billion of shares in Bank of China Ltd. and China Construction Bank Corporation as profit growth in banks is decreasing with tighter controls on lending in the country.

Today, Pepsi reached a deal with Jackson's estate to use the King of Pop's image in their global marketing campaign.

Bright Food Group Co., the second-largest food company in China, said Thursday it would buy a 60 percent stake in British cereal maker Weetabix Ltd. as it seeks to expand in foreign markets.

Amid mutual political and economic pressures, the U.S. and China are pushing each other to change economic and trade policies seen by each side as being disadvantageous to trade and economic growth.

The 50th annual National Day of Prayer is upon us, and President Barack Obama has asked the U.S. faithful to collectively summon their religious zeal, praying for the greater good of the nation and the world. Here are five things that may slip your mind when asking for the benevolence of your Lord.

A successor the Titanic may be coming from China, funded by Australian money. But not everybody is convinced the project will succeed.

General Motors Company (NYSE: GM), the world's largest auto company, reported profits down 69 percent for the first quarter, but the loss resulted from outsized, one-time profits the year before. Overall performance for the company was strong, with revenue driven 4.4 percent higher by strong U.S. sales and improved global margins.

Asia is doubling the size of its foreign currency reserve safety net to $240 billion, finance ministers and central bank officials announced Thursday following a 13-nation meeting in Manila. The reserve funds a multilateral currency swap agreement aimed at protecting Asian markets from global economic crises.

Up until now, India had adamantly opposed sanctions against Iran.

Sudan Thursday expressed hopes that South Sudan will respond positively to the African Union (AU) and United Nations (UN) calls to establish peace between the warring nations and steer clear of likely sanctions.

Asian stocks fell Thursday as weak economic data from the Eurozone and the US raised concerns over the strength of global economic recovery.

Samsung, the Korean electronics giant, has notched up significant traffic on the Internet lately thanks to the overwhelming amount of speculations, anticipations created by its next iteration of Galaxy phone, Galaxy S3. While speculations are uncountable, we have tried to be picky about some of the features we are certain about. Check out the list of all the more-or-less expected features of the Galaxy S3 like 4.8-inch Super AMOLED Plus screen, Ice Cream Sandwich OS, 1.4GHz Exynos 4 Quad process...