Asia's economic growth looks set to stumble over the next few months, prompting a flurry of interest rate cuts and a spike in stimulus spending that may ultimately pave the way for a strong recovery in the second half of 2012.
Citigroup began a round of layoffs among its London-based investment bankers this week after Chief Executive Vikram Pandit said the bank will layoff 4,500 employees as it attempts to trim costs.
On Wednesday, the United States lifted its travel warning for Nepal.
India has retracted its plan to allow foreign retail chains like Wal-Mart and Britain's Tesco to open in the country, according to multiple reports. The reversal comes less than two weeks after the global business sector and the Indian government heaped praise on the original deal to let foreign retailers into India to jolt the country's economy and lower prices for farmers and consumers.
Pusuke, the world's oldest living dog noted by the Guinness Book of Records, died on Monday at age 26 in his home in Japan. Pusuke lived more than twice the median life expectancy for a dog, but how did his owner achieve such astounding longevity?
India suspended plans to open its $450 billion supermarket sector to foreign firms such as Wal-Mart Stores Inc , backtracking from one of the government's boldest reforms in years in the face of a huge political backlash.
The world's three biggest polluters China, the United States and India refused to move toward a new legal commitment to curb their carbon emissions Tuesday, increasing the risk that climate talks will fail to clinch a meaningful deal this week.
Forgotten in all the fuss about the alleged nude photographs of Pakistani actress and model, Veena Malik, on the cover of FHM India’s December issue, is one rather important mark - the tattoo on her body - the one that reads ISI; ISI is the acronym for Inter-Services Intelligence, Pakistan's intelligence agency.
Employees in fast-growing economies have more freedom over the technology they use for work than their counterparts in developed countries, and are more likely to see corporate provision of devices as a perk, according to a study.
The European Union (EU) summit this Friday will consume market attention, as it will discuss steps to resolve the Eurozone debt crisis. Price sensitivity to headlines will persist, if not intensify, and make for jerky market moves.
According to information conveyed by Indian Defence Minister, A.K. Antony, to the Rajya Sabha, a total of 8 fighter aircrafts and 4 helicopters, belonging to country's armed forces, have crashed between the period Jan. 1, 2011 and Dec. 2, 2011.
Multinational companies operating in China are placing less importance on the world's second-biggest economy amid rising local competition and concern over intellectual property rights, a survey showed on Wednesday.
South Korean automobile manufacturers, Hyundai Motor (005380.KS), will raise prices of its cars in India by about 1.5 to 2 percent from January, the firm said on Wednesday, as it combats high inflation, rising fuel costs and a weaker rupee.
Veena Malik has accused the FHM India Magazine of using a morphed photo of hers for a nude photoshoot and consequently sued it for $1.95 million. Now the magazine has countered Malik’s claim with a claim of $4.8 million.
India gold extended gains for another session on Wednesday to meet the highest level in about a week, stoked by firm overseas markets, analysts said.
Stock index futures pointed to a higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, the Dow Jones and Nasdaq 100 up 0.6-0.8 percent.
During the recent visit of Hollywood actor Tom Cruise, junior artists were hired at Rs. 150 ($3) to play screaming fans of the actor when he came out of the airport, reports First Post.
An Indian state official reassured residents Tuesday that the recently-attacked 116-year-old Mullaperiyar dam is safe and will not become harmed by the latest surge of violence.
Just hours after Secretary of State Hillary Clinton left Myanmar last week, property prices began to soar.
India's power, telecoms and aviation sectors, core to sustaining the country's growth, are in various states of crisis. This crisis may force the government to bring about reforms.
There is nothing more unromantic than performing background checks on a potential date, but tales of dating abuse continue to horrify us, prompting governments across the world to introduce controversial regulations which mandates criminal background checks for every user signing up with dating agencies. The potential for abuse in state regulation of dating agencies is huge, as people could demand confidential information of others without proper justification.
All-rounder Irfan Pathan has been drafted into the India squad for their two remaining one-day internationals against West Indies in place of paceman Umesh Yadav, who will leave for Australia early to get acclimatized for an upcoming tour.
