US Treasury Report: World Governments Need To Come Together To Enforce Crypto Regulation
A report directs President Biden on how to work within international allies to regulate digital currencies and assets.
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.
Coalition Partner Withdraws From Indian Government Over Economic Reform Plans
Mamata Banerjee, the chief minister of the state of West Bengal, declared that her party, the All India Trinamool Congress ? currently the second largest segment of the ruling United Progressive Alliance (UPA) coalition ? could no longer cooperate with the UPA.
Abortions Of Female Fetuses Creating Widening Gender Imbalance In India
The high abortion rate of female fetuses has led to a dramatic gender imbalance in India ? over the fifty-year period from 1961 to 2011, the number of girls born per 1,000 boys plunged from 976 to 914, according to the census.
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Pakistan Shuts Down YouTube To Block Access To 'Innocence Of Muslims' Film
Pakistan has ordered the shutdown of the video-sharing website YouTube in order to prevent any further violence related to the anti-Islamic film ?Innocence of Muslims.?
Anti-'Innocence of Muslim' Protests Expand, Suspected Filmmaker Nakoula Taken In For Questioning
The man suspected to be Sam Bacile, the director behind the anti-Islam film "Innocence of Muslims," Nakoula Basseley Nakoula, was taken in for questioning on Saturday by the L.A. police. Meanwhile, protests in Afghanistan and Jakarta turned violent, and Al-Qaeda called last week's bombing of the U.S. Embassy in Benghazi that killed Ambassador Chris Stevens a "great event."
Salman Rushdie Urges Publishers To 'Be Braver'
The British author's memoir Joseph Anton, about living for years under a state-sponsored call for his murder, is set to be released Tuesday amid worldwide anger over the Innocence of Muslims film that Iran's Ayatollah Hassan Sanei blames on him.
RBI Holds Repo Rate Despite 'Big Bang' Reforms
The Reserve Bank of India (RBI) left interest rates unchanged but cut the cash reserve ratio for banks on Monday, disappointing market hopes that it would follow up the government's unexpected spate of bold reform measures by reducing borrowing costs.
Asian Stocks End Mixed; Shanghai Tumbles 2.14%
Asian stock markets ended mixed Monday after they rallied to a four-month high in the previous session following the U.S. Federal Reserve's move to boost growth in the world's largest economy with a third round of bond purchases.
Reserve Bank Of India Cuts CRR By 25 Basis Points, Keeps Other Key Rates Unchanged
In a surprise move, the Reserve Bank of India Monday cut the cash reserve ratio by 25 basis points while keeping the other key rates unchanged in its Mid-Quarter Monetary Policy Review 2012.
India's 'Big Bang Friday' Reforms Might Just Stick
There were quiet celebrations in the offices of Prime Minister Manmohan Singh late last week after he stunned the country with a slew of steps to revive the tanking economy.
Lewis Hamilton Not Distracted by Contract "Rubbish"
The Formula One star made his feelings clear about contract negotiations.
Week Ahead: Asian Stock Markets To Be Moderately Bullish
Asian stock markets posted their biggest weekly gains in almost nine months after the U.S. Federal Reserve announced that it would purchase $40 billion in mortgage-backed securities per month for an open-ended period until the labor market improved substantially.
1B Cellphone Users, And No Apple iPhone, In India's Breakneck Mobile-Apps Market
Only two countries are members of the 1 billion mobile phone users club: China and India. In the latter, Nokia and Samsung are battling for the top spot, but their big worldwide rival is an Indian no-show: Apple and the iPhone. Here's why and what's at stake.
Google Rejects White House Request To Remove ?Innocence Of Muslims? Clip
Google Friday refused to comply with the White House request to reconsider its decision to not remove an anti-Islam film from YouTube, Reuters reported.
Weekly Roundup: Asian Markets Rally As Fed Announces QE3
Most of the Asian markets gained in the week as investor confidence was lifted following the announcement of another round of quantitative easing by the U.S. Federal Reserve which is expected to rejuvenate the economic growth.
Indian Muslims Stirred, But Not Shaken, By 'Innocence Of Muslims' Protests
Despite a 15,000-person protest against the U.S. Consulate in India-controlled Kashmir over the YouTube video "Innocence of Muslims," most Indian Muslims have remained rather nonplussed by the outbreaks of violence and demonstrations to the west of them.
Photos After A Week Of Anti-American Protests At Embassies In Yemen, Cairo, Sudan And Libya
Protests in response at least in part to an anti-Islam film produced in the United States are continuing to pop up at embassies across the world on Friday.
Australia Culls 100,000 Feral Camels To Limit Environmental Damage
Some 100,000 feral camels have been culled from the Australian outback in order to control the population level and limit the environmental damage they cause.
Vera Wang Debuts India-Inspired Spring 2013 Collection At New York Fashion Week [PHOTOS]
Vera Wang drew inspiration from India for her Spring 2013 debuted at New York Fashion Week on Tuesday using traditional facets of the typical Indian wardrobe, like the Nehru collar, gold embroidery and Choli jacket.
India Opens Gates To Foreign Retailers, Broadcasters, Airlines Amid Slowing Economy
The government of India, the world's 10th largest economy by gross domestic product, passed wide-ranging laws on Friday expanding foreign investment in the retail, broadcasting and airline sectors, opening its doors to companies like Wal-Mart Stores Inc. (NYSE: WMT) amid slowing growth.
Google Blocking Access To ‘Innocence Of Muslims’ In Middle East, India
Google (Nasdaq: GOOG), the No. 1 search engine, said it’s blocked access to the controversial “Innocence of Muslims”on YouTube in countries with large Muslim populations, including India, Libya and Egypt. But Afghanistan's government blocked all access to YouTube, claiming the video is offensive.
India's August WPI Increases Unexpectedly, Markets, Rupee Gains On Government Measures
India's wholesale price index (WPI) rose to a higher-than-expected 7.55 percent in July on annual basis, driven mainly by higher non-food prices, dashing hopes for rate cuts by the Reserve Bank of India.
Pre-Market Movers (Agnico-Eagle, ICICI Bank, Alcatel, Nokia, ArcelorMittal, Facebook, United States Steel, Werner, Western Digital)
Agnico-Eagle Mines, ICICI Bank, Alcatel Lucent SA, Nokia Corp, ArcelorMittal, Facebook Inc, United States Steel Corp, Werner Enterprises and Western Digital Corp. are among the companies whose shares are moving in pre-market trading Friday.
Worldwide Security Infrastructure Market Will Grow 8.4 Percent By End Of 2012: Gartner
At a time when IT budgets are feeling the pressure due to the global economic slowdown, security is expected to remain a priority through 2016, according to a new Gartner report.
Iran May Be Avoiding Oil Sanctions, Stealthily Transferring Crude At Offshore Malaysian Port
Iran appears to be using a tricky system of oil shipping and transferring at the offshore port of Labuan near Malaysia in order to get its crude to Asian markets, skirting Western sanctions.
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