Desai may have had the last laugh on all the naysayers; he lived to be 99 years old (in a country where the average life expectancy is only 64).
Two men had quite a scare this weekend when they were attacked by three piranhas in China's Liujiang River.
India's Reliance Communications has set a price range of over $1billion for its undersea cable unit's initial public offering in Singapore.
The territorial dispute in the South China Sea is expected to drive the talks during the 19th ASEAN Regional Forum (ARF) beginning Monday in Cambodia. The confrontational rhetoric between China and the U.S. over the South China Sea will also form the focus of the discussions that will be attended by top officials from the 10 member nations.
The rate of inflation in China slowed down in June from the previous month, showing signs of a gradual decline in price pressure to make room for monetary easing.
Asian markets fell Monday as investor sentiment turned negative with economic data from Japan and the U.S. indicating the faltering economic growth.
The sand is running out of the hourglass for the regime of Syrian President Bashar Assad, U.S. Secretary of State Hillary Clinton said Sunday. Her words speak to the recent intensification of the standoff between Western powers and the Syrian regime.
Chinese Premier Wen Jiabao warned Sunday of huge downward pressure on the Chinese economy, in the clearest expression yet of concern at the top of the country's leadership about a sharp slowdown in recent months.
Cutting federal spending in 2012 could tip the U.S. economy back into a recession, just as it almost did in 1937. On the contrary, if the federal government spent more on infrastructure and public works projects now and in the immediate quarters ahead, it would create millions of jobs.
On Sunday, Sen. John McCain criticized the Obama administration for its failure to take decisive action against the Syrian regime.
Kofi Annan, the U.N.-Arab League envoy to Syria, acknowledged Saturday that his mission to end the bloodshed had failed, amid reports of heavy fighting in northern Syria.
Asian stock markets face the week with sentiment leaning negative as economic news, particularly from China, is likely to disappoint investors.
Ever since Bloomberg first reported rumors of a new, smaller iPad, the internet has been ablaze with rumors over the expected announcement of the iPad Mini. While Apple hasn't yet made an announcement about the device, manufacturer reports suggest the rumors might be accurate.
The tech world has been filled with high-profile lawsuits over the past week. Just as Internet giants Yahoo and Facebook settled their differences over alleged patent infringement, Apple is the latest company hit with a patent-related lawsuit.
Wenzhou, probably the most Christian city in China, has a vibrant Catholic community. But two-thirds of these Catholics choose to worship without government oversight, a fact that highlights how faith in today's China can still be a murky, semilegal affair.
China and India are set to sink billions of dollars into Afghanistan, perhaps the world's last great untapped center for natural resources. Where is the U.S.?
The Indian government has taken a major step toward its ambitious vision of achieving Universal Health Coverage (UHC) by initiating a $5.4-billion plan that would allow the government sector doctors to prescribe generic drugs to the patients free of cost.
China's announcement of the unexpected interest rate cut this week has given an indication to market players that policymakers are increasingly rattled by the state of the economy.
Most Asian markets rose this week as investor confidence was boosted by expectations of stimulus measures from central banks globally to regain the economic growth momentum.
As the U.S. government spends an unprecedented amount of money to fix the economy, there's an equal need to raise the cash needed to pay for those fixes. As a result, Uncle Sam is forced to borrow from countries with high savings rates, such as China, to help cover the budget deficit.
Former Republican presidential candidate and Utah governor Jon Huntsman said he will not attend the party's convention this summer, continuing his critique of Republican orthodoxy.
Hopes that emerging markets will lead the world out of the global economic slowdown are beginning to dim.Christine Lagarde, managing director of the International Monetary Fund (IMF), voiced her concerns over the strength of the global economy, emphasizing that emerging markets, which currently account for two-thirds of global growth, were showing signs of weakening.
