INDIA

China's yuan is close to being a freely usable currency, one of two key tests for it to be included in the International Monetary Fund's currency basket, the deputy governor of China's central bank said on Sunday.

International Monetary Fund member countries sought to bridge sharp differences over the global economy, acknowledging that rising inflation in emerging markets poses a risk to rich countries too.

Nearly a decade worth of work to reach a world trade deal is on the verge of failure, World Trade Organization Director General Pascal Lamy said on Saturday in a plea for countries to rise above their own narrow interests for the good of the global economy.

IMF member nations, acknowledging resistance from emerging markets to limits on capital controls, said rich nations' policies that spur large capital outflows that could harm other economies also need oversight.

Developing countries on Saturday pushed back hard against attempts to restrict how they manage money pouring into their fast-growing economies and said rich nations should reconsider their own policies instead.

Leading world economies agreed on Friday to put the policies of seven major nations under a microscope as part of a plan to prevent a repeat of the global financial crisis.

Inflation accelerated in Asia and Europe in March while the United States bucked the global trend with underlying price pressures largely in check, leaving monetary policy on diverging paths around the world.

Inflation accelerated in Asia and Europe in March while the United States bucked the global trend with underlying price pressures largely in check, leaving monetary policy on diverging paths around the world.

China and India both reported higher-than-expected inflation readings on Friday, giving fresh ammunition to central bankers and investors alike who are worried about mounting price pressures in the global economy.

Gold jumps to new record highs over $1480 US dollar per ounce on Friday as Asian demand is unstoppable. Silver is holding near its earlier 31-year high at $42.64.

China and India reported higher-than-expected inflation readings on Friday, giving fresh ammunition to central bankers and investors alike who are worried about mounting price pressures in the global economy.

Behind every story of economic / societal development are the workers who made them happen. It was true for ancient societies like China and true for the United States in the early 20th century. Now, it's true for booming emerging market economies like China and India.

The interbank silver market [in Asia] is dysfunctional says one Hong Kong dealer's note. Liquidity is getting worse while the price action is getting more exaggerated as a result.

British Prime Minister David Cameron's first speech on immigration.

The U.S. military is becoming concerned about the expanding reach of the Lashkar-e-Taiba (Laskhar), one of the largest and most well-funded militant groups in Pakistan.

The chief executive of Research In Motion, walked out of an interview with the BBC after a reporter asked him about whether the company had resolved its issues over security with several governments.

Which is the hardest working member of the OECD? The answer might surprise you.

Dan Dorrow of Faros Trading continues to expect the Australian dollar to perform well on the strength of Asian economies.

The assembly polls in India’s southern state of Tamil Nadu will mark as one of the hotly contested and most unpredictable elections in decades.

French engineering giant Schneider Electric has held early talks with Tyco International Ltd about buying the U.S. industrial conglomerate, a person with knowledge of the matter said on Tuesday.

A senior U.S. Treasury Department official said on Tuesday the G20 expects to make progress on guidelines for identifying economic imbalances this week and soon will be able to list countries with problems.