The outflow from India-focused funds reached an alarming rate in May amid concerns about the sharp fall of the Indian rupee against the dollar and sluggish policy reforms from the government, according to a report.
Hong Kong shares advanced Thursday, following solid gains on Wall Street overnight on hopes that major central banks including the US Federal Reserve might act to tackle deteriorating global economic conditions.
Syrian rebels Thursday accused troops loyal to President Bashar al-Assad of massacring dozens of people, including women and children, just a few hours before a United Nations Security Council (UNSC) meeting was to evaluate the crisis in the country.
Futures on major U.S. indices point to a slightly higher opening Thursday ahead of the report on weekly jobless claims and Fed Chairman Ben Bernanke?s congressional testimony.
Asian markets rose Thursday amid hopes that the U.S. Fed would announce another round of monetary easing and European policy makers would take concrete measures to tackle the debt crisis looming over the euro zone.
Syrian troops and militiamen loyal to President Bashar al-Assad stood accused by opponents Thursday of a new massacre of scores of villagers, hours before the United Nations Security Council convenes again review the crisis.
Mexican President Felipe Calderon has signed into law climate change legislation that will bind the country to significant cuts in greenhouse gas emissions. Only Great Britain has done the same
The naval standoff between China and the Philippines is winding down, but the tensions between the two countries aren't -- and Beijing, despite being vastly more powerful, hasn't come away with the upper hand
Australia released its Q1 GDP data at 1.3%, smashing expectations of 0.5% according to a Reuters poll.
Thousands of government officials suspected of being corrupt have fled China in the past decade. They've taken billions with them, and have no intention of bringing them back
American truckers in the last three months are hauling more freight and spending more time on the road as fuel prices stabilize and more materials are getting transported, industry indexes are showing.
Iran has once again criticized nuclear watchdog group the International Atomic Energy Agency, this time for acting like an intelligence organization.
We need to deepen our defense and security co-operation, and this is why I have come to India, Panetta said.
Iran has accused the U.N. nuclear inspectors of spying for Western powers and said it would continue to enrich uranium as negotiations in Moscow approach with the aim of scaling back Teheran's nuclear energy program.
Such precautions were undertaken because communications devices had been hacked during previous ministerial visits to China.
Futures on the major U.S. indices point to a higher opening Wednesday ahead of a report on the Federal Reserve's Beige Book and the European Central Bank's (ECB) monthly rate-setting meeting.
Asian markets rose Wednesday amid positive economic data from the U.S. and the G7 finance ministers' decision to work closer together to tackle the euro zone economic crisis.
Stock markets in China and Hong Kong advanced Wednesday on speculation that the People's Bank of China will cut interest rates soon to help the economy regain its growth momentum.
Asia's newest long-haul budget carrier Scoot took off on its maiden flight from Singapore to Sydney Monday, using a novel approach to saving fuel: iPads.
Russia and China strengthen their geopolitical partnership ahead of a major meeting of Eurasia leaders. But rather than love, it may be just a marriage of convenience.
During a meeting in Beijing on Tuesday, Russian President Vladimir Putin and his Chinese counterpart, Hu Jintao, pledged to prevent foreign intervention in Syria.
Panetta's speech at the Shangri-La Dialogue in Singapore this past weekend was meant to be about America's grand return to the Pacific. Instead, everyone's attention was on China.
