Asian shares fall on growth, euro zone debt worries
Asian shares fell for a third straight day on Wednesday as investors continued to cut back their risk exposure given uncertainty over global growth prospects and resurfacing worries about debt restruc
North Korea says fuel being injected into rocket
North Korea said on Wednesday it was injecting fuel into a long-range rocket 'as we speak' ahead of a launch condemned by its neighbors and the West.
The launch is set to take place between Thursday
Govt likely to decide on aviation FDI on Thursday: Official
The government is likely to decide on a proposal to allow foreign carriers to invest in local airlines as early as Thursday, a senior government official said, which could provide a lifeline to cash-s
Spielberg studio gets financing from Reliance Entertainment
DreamWorks Studios, the film company headed by director Steven Spielberg, will get around $200 million from its partner Reliance Entertainment to continue making films, according to a person with know
Sony loss forecast hammers Japan's electronics shares
Shares of Sony Corp, the inventor of personal music players, slid more than 7 per cent on Wednesday after the company more than doubled its annual loss forecast, highlighting the plight of a Japanese
China, between a rocket and a hard place on North Korea
A joke circulating among officials in Beijing pretty much underlines the bind China is in over North Korea's plans to send a satellite into space.
North Korea's young ruler Kim Jong-un phones a Chine
Doctors confident Yuvraj won't suffer cancer relapse
Yuvraj Singh has arrived home in India after cancer treatment in United States and doctors are confident the player will not suffer a relapse, the Board of Control for Cricket in India (BCCI) said on
Facebook e-commerce: the next big thing?
A group of e-commerce start-ups, backed by some of the tech world's most pedigreed financiers, are betting that Facebook Inc can become an e-commerce powerhouse to rival Amazon.com Inc and eBay Inc.
Short on tools, central banks left with words
Some of the world's most prominent central bankers may have to hope the pen is as mighty as the sword.
With the Federal Reserve, the European Central Bank and other authorities in industrialised coun
China's March inflation spikes to 3.6 per cent on food
China's annual inflation spiked unexpectedly in March t o 3.6 per cent driven by rising food prices, data showed on Monday, surprising investors who had bet on cooling price pressures to give Beijing