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Economy Rss icon

Tough Indian stance taking global trade pact down to the wire

India is angry with rich countries for failing to address their concerns about a deal on trade facilitation struck by WTO member states in Bali, ...

Global industrial production shakes off 2007 doldrums

Industrial production around the world plunged after the Great Recession began, and in most advanced economies has yet to fully recover. But ...

Obama condemns Russia, says could impose more sanctions

Just stops short of blaming Russia directly for the MH17 crash

Markets Rss icon

Gold steady above $1,300 as conflicts spur safe-haven bids

Spot gold was little changed at $1,312 an ounce by 0247 GMT

Asian shares tentative on lingering geopolitical tensions

MSCI's broadest index of Asia-Pacific shares outside Japan was up slightly in early trade, while Japan's Nikkei stock average rose 0.6%

Hedge fund exit requests drop to six-month low in July

SS&C GlobeOp Forward Redemption Indicator fell to 3.15% in July from 4.8% in June and lowest since January

Companies Rss icon

More than half of consumers globally upbeat on job prospects

This has helped push global consumer confidence up in second quarter to its highest since first quarter of 2007

Starbucks, Burger King dragged in as China food scandal spreads

Shanghai Husi was shut down on Sunday by local regulators after a TV report showed staff using expired meat

Former Qualcomm executive pleads guilty to insider trading

Prosecutors said Jing Wang used non-public information to trade in Qualcomm shares in 2010 before a surprise dividend increase and stock ...

Fund managers unconvinced by Apple rebound as firm readies results

Company's shares are up 17% for year, nearly three times the performance of benchmark S&P's 500 stock index over same time

Politics Rss icon

Australia may soon export Uranium to India: Robb

He said he believed Australian uranium sales to India were very close

Palestinian death toll in Gaza fighting stands at 501

Twenty Israelis also have died, including 13 soldiers killed in heavy fighting on Sunday

Putin blames others for exploiting Ukraine crash

He says the tragedy is being used for others' "mercenary objectives"

Obama expresses serious concern over Gaza crisis

The US president underscored that the US will work closely with Israel and regional partners on implementing an immediate ceasefire

Finance Rss icon

BRICS bank not against IMF: Brazilian president

Five BRICS nations agreed to establish a development bank and a contingent reserve arrangement

IMF says ready to work with BRICS bank

US refrains to comment, says details about its functioning still unclear

UBS cements lead as largest private bank, assets near $2 trillion

Scorpio Partnership study finds Morgan Stanley, Credit Suisse and Royal Bank of Canada rounded out top five overall

$100-bn BRICS bank to be a reality in 2 years

Cash pool to mitigate liquidity pressure; India to have presidency for 6 years

General Rss icon

MH17 probe: MH370 recovery chief to lead the search team

JACC said, 'He will remain in Ukraine as long as necessary to complete the task'

Philips reports profit slump, setback for medical sales

Company's second-quarter profit fell by 23%

Ukraine plane crash: Obama, Abbott calls for transparent probe

It is still not clear if the Malaysia Airlines Flight MH17 was shot down purposely or mistakenly

Israel expands Gaza offensive, death toll spirals to 435

Bloodiest day in 13 days of fighting prompted urgent efforts by ICRC to broker a temporary ceasefire

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