IPO flows may force RBI to intervene in forex
The Reserve Bank of India is reluctant to intervene in currency markets but may be forced to in coming weeks as foreign investors pour in billions of dollars to buy shares in the country's largest eve
Sea Soldiers
Filipino and US troops conduct a joint boat raid exercise at the Marine headquarters in Ternate, Cavite City, south of Manila, on Monday. PHOTO: Reuters
Germany warns of a trade war
Beijing, Oct. 12: The German economy minister, Mr Rainer Bruederle, cautioned on Tuesday that a global trade war was brewing, amid wide differences between key trading nations on currency policy.
“Th
Asia to resist capital inflows
Bangkok/Beijing, Oct. 12: Thailand has slapped a tax on foreign investment in government debt on Tuesday, Japan said it could intervene anew to weaken the yen and China again talked down the prospects
Zuckerberg takes staff to see film
Los Angeles, Oct. 8: Mr Mark Zuckerberg ended up seeing The Social Network after all. The Facebook co-founder and CEO took his staff to a screening, a company spokesperson confirmed to The Hollywood
Peace Nobel for ‘rebel’ Liu
Oslo, Oct. 8: Jailed Chinese pro-democracy activist Liu Xiaobo won the Nobel Peace Prize on Friday for decades of non-violent struggle for human rights, infuriating China, which called the award “an o
Peace Nobel for jailed dissident angers China
Jailed Chinese pro-democracy activist Liu Xiaobo won the Nobel Peace Prize on Friday for decades of non-violent struggle for human rights, infuriating China, which called the award “an obscenity”.
Zuckerberg takes staff to see Social Network
Mark Zuckerberg ended up seeing The Social Network after all. The Facebook co-founder and CEO took his staff to a screening, a company spokesperson confirmed to the Hollywood Reporter.
Netanyahu suggests twist to loyalty oath
Oct. 7: Prime Minister Benjamin Netanyahu will push for legislation to require those who want to become Israeli citizens to pledge loyalty to the “nation-state of the Jewish people,” an Israeli offici
Latin writer Vargas Llosa gets Nobel for literature
Oct. 7: Peruvian-born writer and one-time presidential candidate Mario Vargas Llosa, a chronicler of the struggle against authority in Latin America, won the 2010 Nobel prize for literature on Thursda