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Low cost era over for China's workshops

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Foxconn Technology's agreement to improve the lot of its 1.2 million workers in China who make Apple Inc's iPads and iPhones is a signal that China is losing its title as the world's lowest-cost produ

Japan, Britain set to agree on joint development of arms: Paper

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Japan and Britain are set to agree to begin joint development of arms following Tokyo's easing of its ban on exports of military equipment late last year, the Mainichi daily reported on Wednesday.

It

Federal Reserve tones down talk of more stimulus

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Federal Reserve policymakers have backed away from the need for another round of monetary stimulus as the U.S. economy gradually improves.

Minutes of the central bank's meeting published on Tuesday s

BSE CEO Madhu Kannan leaving to join Tatas

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Madhu Kannan, the youngest CEO of Asia's oldest bourse, is leaving Bombay Stock Exchange operator BSE Ltd to join Tata Sons, which controls India's largest corporate house, where he will report to the

Nikkei falls below 10,000, sparks fears rally is over

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Japan's Nikkei share average abruptly broke below 10,000 to hit a four-week low on Wednesday, after stop-losses were triggered on index futures, raising concerns that Tokyo's strong equities rally so

Services PMI slips to 5-month low of 52.3

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Growth in the Indian services sector slipped to a five-month low in March as optimism about the business outlook in the coming year faded to its weakest level since 2009, a survey showed on Wednesday.

France deports extremist militants, imams amid crackdown

France said on Monday it was deporting five Islamic militants and Muslim preachers in the latest show of strength by President Nicolas Sarkozy as he clamps down on radical elements after seven people

Hafiz Saeed dares US, says he is not hiding in caves

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The United States has posted a $10 million reward for help in the arrest of a Pakistani Islamist leader, Hafiz Mohammad Saeed, suspected of masterminding attacks on India's financial capital and its Parliament.

Iran says ‘could hit US’ if it came under attack

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The United States would not be safe from retaliation if Iran is attacked by Washington, the Iran newspaper quoted a senior Revolutionary Guards commander on Tuesday as saying.

"In the face of any att

Asian shares rise as China data soothes, caution caps

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Asian shares kicked off the second quarter with a modest gain on Monday, as surprisingly firm China manufacturing data dispelled fears of a hard landing in the world's second biggest economy, but caut

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.