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A man yawns in front of an electronic board showing stock information at a brokerage house in Taiyuan

Asian Markets Fall As Investors Remain Cautious

Asian markets fell Monday as investors remained watchful having concerns about the revival of the global economic growth in spite of the stimulus measures announced last month by policy maker in the U.S. and Europe.
Khar And Lavrov

Russia Slams US Drone Policy In Pakistan

Russian Foreign Minister Sergey Lavrov Thursday criticized the U.S. drone policy in Pakistan while extending full support to Islamabad’s stance on the attacks.
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Carlyle Sells Its Stake In HDFC For $841 Million

U.S.-based global fund house Carlyle sold its 3.7 percent stake in India’s mortgage major Housing Finance Development Corporation (HDFC) Ltd for nearly 43 billion rupees ($841 Million) Friday.
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Asian Stocks Gain On US Data, ECB Promise

Asian stocks markets mostly advanced Friday as the better-than-expected U.S. economic data and the comments from ECB President Mario Draghi added to the positive sentiment.
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India Approves FDI In Insurance, Pension Sectors

India’s cabinet Thursday approved a 49 percent Foreign Direct Investment (FDI) in insurance and opened up the pension sector to the foreign companies, providing the much needed momentum to the Indian economy.
Jeet Thayil

‘Narcopolis’ Is Not A Reflection Of My Life: Jeet Thayil

“Narcopolis,” the debut novel by Jeet Thayil which has been shortlisted for the Man Booker Prize, is perceived to be a reflection of the life of the author since the experience of the protagonist, who is drawn to Mumbai’s underworld, is said to have some similarity with that of the novelist. But in an exclusive interview with the International Business Times, Thayil categorically denies that the novel is a reflection of his life.
A pedestrian is reflected in a stock index board outside a brokerage house in Tokyo

Asian Markets Rise Amid China Easing Hopes

Asian markets rose Wednesday as investors remained hopeful that policymakers in China would soon announce stimulus measures to bolster the world’s second largest economy.

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