FDI In China Rose In August, But The Rate Of Growth Was Significantly Lower Compared To A Surge In July
But, the dip in FDI is not seen as a sign of weak economic recovery.
Euro Zone Inflation Falls Significantly Lower Than ECB’s Target; Mario Draghi Says Key Interest Rates Will Remain Low
But, the ECB's Mario Draghi said the 'risk of an extreme event' had reduced and that capital flows had resumed to non-core economies.
India Successfully Test-Fires Intercontinental Ballistic Missile Capable Of Carrying Nuclear Warhead
The country says the missile is not developed as a threat to any nation, but as a deterrent against aggression.
US Seeks To Assuage Israel’s Fears That Syrian Chemical Weapons Deal May Soften US Standing On Iran’s Nuclear Weapons
John Kerry flew to Israel to brief Prime Minister Netanyahu, who expressed skepticism over the U.S. deal to secure Syrian chemical weapons.
Narendra Modi: India’s Controversial Politician Named Opposition Party BJP’s Prime Ministerial Candidate For 2014 Parliamentary Elections
The chief minister of the state of Gujarat is a polarizing figure in India, a magnet for criticism over his role in 2002 communal riots.
Japan Launches Cheaper Epsilon Rocket Carrying Telescope For Remotely Observing Planets
The rocket is Japan’s first in 12 years, and it successfully placed a space telescope into orbit Saturday.
Employment Drops In Euro Zone; Sweden’s Economy Contracted In Second Quarter More Than Initial Estimate
Second-quarter employment data showed that job cuts are slowing, but an upturn in the labor market is still distant.
Taliban Militants Attack US Consulate In Herat In Western Afghanistan Killing At Least 3 Afghans
The attack heightens worries about the deteriorating security situation in Afghanistan, as U.S. troops are poised to withdraw in 2014.
India-Pakistan Border Tensions Swell As Ceasefire Breaches Become Frequent
Tensions between the two nuclear-armed neighbors are rising amid fears of increased militant activity after U.S. pulls out of Afghanistan.
Euro Zone Industrial Production Drops Below Expectations In August, While EU Nations Post Mixed Data
Put it in the category of a disappointment: industrial production in the euro zone fell in July, after analysts had predicted no change.
Indian Coal Buyers Scared Off By A Weak Rupee Leave Top Coal Exporting Nations Such As Indonesia In A Fix
Imported coal is piling up at Indian ports while key exporters such as Indonesia struggle to deal with the problems of its top buyer - India.
Controversial Florida Pastor Terry Jones Arrested Before A Planned Quran-Burning On 12th Anniversary of 9/11 Terrorist Attacks
Pastor Terry Jones from Gainesville, Fla., has sparked widespread outrage in the past for his anti-Muslim actions.
India’s Trade Deficit Narrows In August, Aided By Rising Exports
India’s exports grew 12.97 percent in August compared to the corresponding period in 2012, while imports declined 0.68 percent year-on-year.
Billionaire Koch Brothers To Acquire Electronics Company Molex For $7.2 Billion
The Koch empire seeks to expand its business beyond energy, chemicals and paper, surprising analysts with the deal.
Delhi Gang-Rape Verdict: All 4 Suspects Found Guilty Of Rape And Murder; Sentencing Likely On Wednesday
The accused, who pleaded not guilty, were convicted on charges of rape and murder, and are likely to be sentenced on Wednesday.
China’s August Industrial Production, Retail Sales, Urban Investment Data Beat Forecasts
China’s industrial production in August rose 10.4 percent, while retail sales rose 13.4 percent indicating resilient growth.
Muzaffarnagar Communal Riots: Tension Prevails After India Deploys Army; Shoot At Sight Orders In Place After 31 Killed In Clashes
Tensions between Hindus and Muslims have been simmering in Muzaffarnagar in the state of Uttar Pradesh in northern India.
Brazil’s President Dilma Rousseff Accuses US Of Spying For ‘Economic And Strategic’ Reasons After Report That NSA Spied On Brazilian Oil Giant Petrobras
The allegation, which follows a Brazilian media report that NSA snooped on state-run oil giant Petrobras, could hurt U.S.-Brazil ties.
US Stock Futures Point To Higher Open After Strong China Exports Data
Strong Chinese exports, signaling rising demand in the U.S., calm investors as they brace for a Congress vote on Syria this week.
US Struggles To Prove That Bashar Assad’s Government Launched Chemical Attack
U.S. intelligence agencies are still in the dark on what role Bashar Assad played in the chemical attack near Damascus.
Smithfield’s Proposed Acquisition By Shuanghui Cleared By US Government
The U.S. Committee on Foreign Investment approved the acquisition of Smithfield by Shuanghui, but the deal still needs shareholders’ nod.
G-20 Summit: Consensus On Tax Evasion Measure; Leaders Split On Syria, Emerging Markets Turbulence
Trouble in emerging markets dominated discussions about the global economy, while tensions between world leaders on Syria hung over the summit.
NSA, GCHQ Cracked Encryption To Decipher Email, Internet Banking Transactions And Medical Records, Edward Snowden’s Documents Show
U.S. and British agencies influenced encryption standards, colluded with tech companies and hacked data using supercomputers, Snowden reveals.
Obama Declares Syria A National Security Threat; Pentagon Begins To Identify Targets For An Attack
If the U.S. stands down now, it could send the wrong message to Iran, North Korea, Hezbollah and other hostile entities, officials say.
Ford To Boost Production In India For Exports Amid Surging Demand For Smaller Cars
Ford will turn India into a manufacturing hub for exports to more than 50 overseas markets and meet surging demand for smaller vehicles.
Raghuram Rajan Takes Over As India’s Central Bank Governor; Impetus Toward Freeing Up Financial Markets, Banking Sector
Rajan, who took over as India's central bank governor, on Wednesday, aims to free India’s capital markets and its banking sector.
G-20 Summit Agenda: Syria Under Spotlight, But Fiscal Targets, Tax Evasion Agreement, Emerging Markets Remain Key Concerns
Other expected topics: government deficits, turbulence in emerging markets and an agreement to combat tax evasion.
India’s Service Sector Contracts; New Business In Private Sector Drops To Lowest In More Than 4 Years
PMI data for July and August now suggest a further slowdown in GDP growth in the third quarter, HSBC's economist says.
Ban Ki-Moon US Unilateral Action Against Syria Will Violate UN Charter, Says Use Of Force Allowed Only In Self-Defense
As President Obama moves closer to Congressional approval for a military strike, Ban Ki-moon calls for Security Council-sanctioned action.
China’s Service Sector Jumps To 5-Month High, Rebound In Manufacturing To Boost Services Sector
The HSBC services PMI in August was helped by rising demand and optimism, even as shrinking profit margins hurt employment slightly.