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How Internet censorship works in China

The 'Provisions on News Information Services', which was issued in 2005, states that the purpose of news websites is not to inform the public of the facts, but instead to “serve socialism” and to “safeguard the nation’s interests and the public interest.”
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Debit card fee fight returns to Congress

Visa and banks will press lawmakers on Thursday for relief from a proposed slashing of debit card processing fees, an issue that has attracted bipartisan support for softening the impact of part of the Dodd-Frank financial law.
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Traders

World Market update 16/2/2011

Futures on major U.S. stock indices point to higher opening on Wednesday ahead of wave of economic data including producer price index and building permits.
India and Japan, two of Asia's largest economies, signed the landmark free trade agreement (FTA) on Wednesday, paving way for the elimination of  tariffs on more than 90 percent of goods traded between the two countries over the next decade.

India-Japan free trade agreement: A win-win deal

India and Japan, two of Asia's largest economies, signed the landmark free trade agreement (FTA) on Wednesday, paving way for the elimination of tariffs on more than 90 percent of goods traded between the two countries over the next decade.
India's Prime Minister Manmohan Singh walks on stage for a photo opportunity as part of the 5th East Asia Summit in Hanoi October 30, 2010.

EU sued over secrecy in India trade talks

Transparency campaigners sued the European Union's executive on Tuesday for withholding documents on free trade talks with India, stepping up pressure on the bloc to make its policymaking less secretive.
corruption

CBI question Unitech exec in telecoms probe

The Central Bureau of Investigation (CBI) on Tuesday questioned a top executive of Unitech Ltd as part of a probe into a telecoms corruption scandal that has roiled politics and spooked investors in Asia's third-largest economy.
Manmohan Singh

Manmohan Singh defends govt against lameduck image

Prime Minister Manmohan Singh defended himself on Wednesday against accusations his government was a lameduck, saying it was trying to bring justice in some of the country's biggest corruption scandals in decades.
Traders work on the floor of the New York Stock Exchange

Stocks fall as retail sales data weighs

U.S. stocks slipped as retail sales raised doubts about the economic recovery. Energy and basic materials equities led the way downward, albeit in moderate trading volume.

SBI to launch retail bond issue on Monday - sources

State Bank of India, the country's largest lender, is expected to launch the first tranche of its 100 billion rupees ($2.2 billion) retail bond issue on Monday, according to a term sheet obtained by Reuters and a source with direct knowledge of the matter.
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Stocks yawn at Obama budget proposal

Stocks finished narrowly mixed as investors appeared to be underwhelmed by President Obama’s budget proposal, while unrest in the Middle East has spread to Iran and even Bahrain.
Fuel

Kenya increases pump prices for fuel

Kenya has raised retail fuel prices to 98.08 shillings per litre of petrol sold in the capital for the next 30 days, from 95.60 shillings, the Daily Nation reported on Monday.
View of the French BNP Paribas bank headquarters in Paris

International banks suspend Ivorian operations

Two large international banks suspended operations in Ivory Coast on Monday as a power struggle following a disputed presidential election tightened its grip on the economy of the world's top cocoa grower.
A shopper leaves a branch of Game supermarket chain in South Africa

S.Africa commission recommends Wal-Mart deal approval

South Africa's Competition Commission has recommended that retail group Wal-Mart's proposed acquisition of 51 percent of equity in Massmart be approved without conditions, the two companies said in a statement on Saturday.
East Timorese sit at a port during sunset in Dili

Travel Postcard: 48 Hours in Dili, East Timor

Dili is the capital of East Timor or Timor Leste, one of the world's newest nations, and is slowly beginning to attract tourists nearly nine years after gaining independence. Reuters correspondents with local knowledge help you get the most out of a short stay.
De Beers

De Beers returns to profit, remains cautious

De Beers, the world's largest diamond producer, returned to a profit in 2010 as production rose 34 percent and diamond prices recovered to pre-crisis levels, although it remains cautious about the market this year.

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