INDIA

Diageo, United Spirits Confirm Talks On Stake Sale

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UK-based Diageo Plc confirmed Tuesday that it was in talks to buy a stake in India’s United Spirits. In a joint London Stock Exchange filing, both the companies confirmed that the talks were on but added that there was no certainty about the deal.
A man looks at a display board showing stock market prices inside a brokerage in Taipei

Asian Markets Range-Bound; Nikkei, Sensex Gain

Asian markets remained in a tight range Tuesday as investors continued to maintain a cautious mode to find where the global economy is heading following the announcement of the stimulus measures announced this month by the policymakers around the world.
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An investor checks stock information with a computer at a brokerage house in Hefei

Asian Markets Fall On Euro Zone, China Concerns

Most of the Asian markets fell Monday as investor confidence was weighed down by the revival of concerns over the debt crisis affecting the euro zone and the economic slowdown faced by China.
An investor checks stock information with a computer at a brokerage house in Hefei

Asian Markets Gain On Stimulus Optimism

Most of the Asian markets rose Friday amid investor hopes that the stimulus measures announced this month by policymakers around the world will be able to bolster the global economic growth.
A man looks at an electronic board displaying a fall in major market indices around the world outside a brokerage in Tokyo

Asian Markets Decline On Weak Japan Data

Asian markets fell Thursday as investor confidence was weighed down by the report that Japan's trade deficit increased in August, raising more concerns about the faltering global economy.
UAE

UAE Restricting Visas For Immigrants Workers From Asia

The UAE is making it more difficult for immigrant laborers to enter the country on tourist and other short-term visas in a bid to prevent foreign criminals from entering the country under the guise of looking for work. The rapidly developing country has been built up with immigrant labor mostly from South Asia, who form a majority of the Gulf nation's 8 million plus population.
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India's Consumer Price Inflation Touches 10.03% in August

India's retail inflation rate increased to 10.03 percent in August from 9.86 percent recorded in July, mainly driven by higher food prices, according to the data released by the Ministry of Statistics and Program Implementation.

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