INDIA

Gangnam Style

South Koreans Miffed At Japan’s Cold Shoulder To ‘Gangnam Style’

South Korean singer Psy may have virtually conquered the world with his sensational hit “Gangnam Style” and high profile celebrities, including U.N. chief Ban Ki-moon, may have had their moments mimicking his “horse dance.” But the Japanese don’t seem to be following the mass hysteria and South Koreans suspect territorial dispute between the two countries is the reason for Japan’s cold shoulder to “Gangnam Style.”

India’s IT Outsourcing Industry Faces Strain Of Global Economic Downturn

IT Outsourcing to India
With Infosys Technologies Ltd, a major Indian software services firm, reporting this month a disappointing guidance for the future sales subsequent to the uncertainties in the global economy, industry experts are worried that India’s IT outsourcing industry is under stress of the weakening economic conditions around the world.

Asian Markets Rise On Upbeat US Data

An investor scratches his head in front of a computer screen showing stock information at a brokerage house in Hefei
Asian markets rose Thursday as investor sentiment was lifted with the encouraging report on the rise of the new homes sales in the U.S., in an indication that the world’s largest economy is regaining the growth momentum.
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An investor checks stock information with a computer at a brokerage house in Hefei

Asian Stock Markets Fall On Gloomy Japan Data

Most of the Asian markets fell Monday as investor confidence was weighed down by the report that Japan's trade deficit increased in September compared to the same month last year, raising concerns about the faltering global economy.
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Kingfisher Airlines Responds To DGCA Notice

A day before the Oct. 20 deadline, Kingfisher Airlines Friday replied to a show cause notice served to it by the Directorate General of Civil Aviation (DGCA), the aviation regulator in India.
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50 Years Since Sino-Indian Battle: War Never Begets Peace

Indian and Chinese media commentaries on the eve of the 50th anniversary of the 1962 Sino-Indian border war, most of them jingoistic recounts of the modernization of their respective nation’s military, while panning each other for the geopolitical skirmishes, suggest that half a century has healed almost nothing.
A man looks at a display board showing stock market prices inside a brokerage in Taipei

Asian Markets Fall On Disappointing Google, Microsoft Earnings

Most of the Asian stocks fell Friday with investor sentiment turning negative as the quarterly results reported by Google and Microsoft missed analysts’ expectation, deepening the fear that the sluggish global economic growth would affect the corporate earnings.
An investor checks stock information with a computer at a brokerage house in Hefei

Asian Stock Markets Rise On Positive China Data

Asian stocks gained Thursday with investor sentiment turning positive as data from China showed that the world’s second largest economy grew as expected in the third quarter, decreasing the concerns about the rapidly worsening economic conditions.

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