Asian shares and the euro extended losses Friday as China's factory activity data delivered its weakest reading this year, highlighting concerns the worsening euro zone debt crisis will further undermine global economic growth.
Asian shares eased Friday, with China's factory activity data and a U.S. jobs report due later in the day making investors cautious as the escalating euro zone debt crisis threatened to further undermine growth worldwide.
The militants in question belong to The East Turkestan Islamic Movement (ETIM), a militant group that is fighting to free the Muslim-dominated Xinjiang province from Chinese rule.
During the summit, Suu Kyi was protected by a team of bodyguards and did not speak to media
Indian activists are encouraging a boycott of the London summer Olympics to draw attention to a 1984 tragedy that killed thousands and injured many more in the town of Bhopal.
India's economic growth slumped to its lowest level in nine years in the first three months of 2012, marking a dramatic slide in the fortunes of a country whose economy was boasting nearly double-digit growth before the global recession.
Corroborating the fears of an economic slowdown, India's economic growth slumped to 5.3 percent, a nine-year-low in the fourth quarter ending March 31, according to a Thomson Reuters data. The growth rate was 9.2 percent in the same period a year earlier.
The Q4 GDP data for India plunged the volatile rupee further in the morning trade Thursday, as the Indian currency hovered near an all-time low of 56.52 against the dollar. The rupee was trading at 56.38/39 at 10 am IST, after testing the 56.52 level in early trade.
Pakistan Thursday test fired a medium range cruise missile capable of delivering nuclear and conventional warheads within a range of 350 kilometers.
Chinese security officials have detained hundreds of Tibetans in Lhasa following multiple self-immolation protests against the Chinese control over Tibet, a US-based broadcaster has reported.
Asian markets fell Thursday as concerns over the debt crisis looming over the euro zone increased due to heightened Spanish banking sector woes.
Can you really protect your allies while still cutting the military? That's the conundrum the U.S. is now facing, even as it talks about pivoting back to Asia and returning in force to the Western Pacific.
The Chinese government says it will allocate the equivalent of $27 billion to renewable energy and energy efficiency programs in 2012, but the battle against the deterioration of China's environment will be a long and tough one.
In a big blow to the striking pilots of Air India, the Delhi High Court Wednesday said that they have no right to get training to fly advanced aircraft like Boeing 777.
Morgan Stanley has received an in-principle approval from the Reserve Bank of India (RBI) for a banking license, a leading business daily reported Wednesday quoting a spokesperson of the bank.
India strongly responded Tuesday to a Chinese media report which argued that the three Indian traders, who were kidnapped and abused by Chinese suppliers, bore the responsibility for the incidents by delaying or defaulting on payments after having made the purchases in advance.
Bombay Stock Exchange's benchmark Sensex and NSE's Nifty opened in red in the morning session Wednesday, weighed down by a slump in the shares of Tata Motors. The choppy trading continued with India's largest automaker being the top loser in the BSE with a 9.03 percent or 24.80 points decline.
Asian markets fell Wednesday amid Spanish banking sector woes and a report that China is not planning further stimulus measures to lift its economic growth.
She had spent 15 of the past 24 years under house arrest and refrained from leaving the country out of fear she would never be permitted to return.
Air India has decided not to take the delivery of Boeing's 787 Dreamliner planes until both parties agree on the terms of compensation for a delay in delivery, says India's Aviation Minister Ajit Singh.
Bombay Stock Exchange's Sensex and NSE's Nifty were trading with moderate gains in morning session Tuesday. Auto, IT and capital goods stocks were trading higher while the consumer durables and FMCG shares were trading negative.
Asian Markets rose Tuesday as expectations that China will take measures to lift its economic growth undermined the euro zone concerns amid Spanish banking woes.