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China, Japan, S.Korea commit to economic policies supporting demand| Reuters

May 03, 2015 at 15:15 | Source: FirstPost

BAKU (Reuters) - Central bankers and finance ministers from China, Japan and South Korea said on Sunday they remained committed to policies to support demand in the face of moderate and uneven global growth.The policymakers for the three North Asian ...

Asia shares waver in Wall Street's shadow| Reuters

May 02, 2015 at 03:45 | Source: FirstPost

TOKYO (Reuters) - An index of Asian shares recovered from session lows but struggled to stay positive on Friday after weak corporate earnings dented Wall Street, while the dollar clawed back some losses after suffering its worst monthly performance i...

Ratings agencies say no default if Greece misses ECB, IMF payments| Reuters

May 02, 2015 at 00:30 | Source: FirstPost

LONDON (Reuters) - Most top credit rating agencies say they would not cut Greece's rating to default if it misses a payment to the International Monetary Fund or European Central Bank, a stance that could keep vital ECB funding flowing into the finan...

FM Jaitley warns India Inc against profiting from liberal tax regime

May 01, 2015 at 21:21 | Source: FirstPost

Warning corporates not to take unfair advantage of the liberalised tax environment, Finance Minister Arun Jaitley on Friday said the world is moving towards a more transparent regime that would remove the veil of secrecy from unlawful transactions.&q...

Modi govt slams US panel report on minorities, says it's based on 'limited understanding of India'

May 01, 2015 at 07:43 | Source: FirstPost

New Delhi: India on Thursday strongly reacted to a report by a US Congress-established panel claiming that minorities in the country have been subjected to "violent attacks" and "forced conversions" after the Modi government assum...

Minorities facing violent attacks, forced conversions under Modi govt: US panel

May 01, 2015 at 07:11 | Source: FirstPost

Washington: Religious minorities in India have been subjected to "violent attacks, forced conversions" and 'Ghar Wapsi' campaigns by groups like RSS after the Modi government assumed power in 2014, a US Congress-established panel has said.I...

Abe, seeking new spark for Japan high-tech, meets Silicon Valley chiefs| Reuters

May 01, 2015 at 06:46 | Source: FirstPost

MEMLO PARK, Calif. (Reuters) - In the 1980s when Sony and Toshiba were setting the agenda in the global TV and memory chip markets Japan was bristling with confidence as a hub of technological innovation.Three decades later, with Japan's electronics ...

Jaitley tries to buy peace with RBI, foreign investors | Reuters

Apr 30, 2015 at 22:20 | Source: FirstPost

NEW DELHI (Reuters) - Finance Minister Arun Jaitley sought to placate the Reserve bank of India (RBI) and foreign investors on Thursday by putting on hold a major overhaul of financial regulation and offering tax concessions on stocks and bonds. Jait...

Minorities facing violent attacks, forced conversions since Modi sarkar: US panel

Apr 30, 2015 at 22:09 | Source: FirstPost

Washington: Religious minorities in India have been subjected to "violent attacks, forced conversions" and 'Ghar Wapsi' campaigns by groups like RSS after the Modi government assumed power in 2014, a US Congress-established panel has said.I...

KYC, money laundering norms violation: RBI slaps Rs 1.5 cr penalty each on 3 public banks

Apr 30, 2015 at 07:53 | Source: FirstPost

Mumbai - The Reserve Bank of India today imposed Rs 1.5 crore penalty each on three banks -- Dena Bank, Oriental Bank of Commerce and Bank of Maharashtra -- for violation ofKnow Your Customer/Anti Money Laundering norms.In aggregate three banks have ...

Shares fall on U.S. GDP data; dollar pares losses after Fed| Reuters

Apr 30, 2015 at 01:30 | Source: FirstPost

NEW YORK (Reuters) - Stock markets worldwide fell on Wednesday after weak corporate results and data showing U.S. economic growth braked more sharply than expected in the first quarter, while the dollar pared losses after a Federal Reserve policy sta...

Rahul Gandhi takes on Modi sarkar again, tells PM to visit mandis instead of taking foreign trips

Apr 29, 2015 at 14:44 | Source: FirstPost

In a short intervention in the Lok Sabha on Wednesday, Rahul Gandhi tore into the NDA government over the farmer issue and asked Prime Minister Narendra Modi to visit mandis instead of undertaking national tours to assess the plight of farmers."...

Rahul Gandhi takes a dig at PM Modi, asks why farmers aren't part of 'Make in India'

Apr 29, 2015 at 12:18 | Source: FirstPost

Chandigarh:Taking a swipe at Prime Minister Narendra Modi's 'Make in India' initiative, Congress Vice President Rahul Gandhi on Wednesdayasked whether farmers are not contributing to 'Make in India' by providing food to the entire country."Prime...

U.S. shares rebound; oil pares gains after Iran ship seizure| Reuters

Apr 29, 2015 at 02:45 | Source: FirstPost

NEW YORK (Reuters) - Two of three major U.S. stock indexes rose modestly on Tuesday as Merck posted strong earnings and IBM raised its dividend, while European stocks slid on weak corporate results and oil prices were flat to lower on expectations th...

U.S. shares edge higher; oil pares gains after Iran ship seizure| Reuters

Apr 29, 2015 at 01:15 | Source: FirstPost

NEW YORK (Reuters) - U.S. shares rebounded in afternoon trading on Tuesday, boosted by strong earnings from Merck and a dividend hike by IBM, while oil prices pared gains on expectations that U.S. crude stockpiles have reached record highs.Merck (MRK...

Global stocks cool, dollar slides ahead of Fed| Reuters

Apr 29, 2015 at 00:30 | Source: FirstPost

LONDON (Reuters) - World shares slipped from record highs on Tuesday as surging Chinese stocks took a breather and investors began to move to the sidelines before the Federal Reserve's policy meeting.The dollar also weakened and Wall Street was expec...

Asian shares at seven-year highs, cheered by Apple earnings| Reuters

Apr 28, 2015 at 06:45 | Source: FirstPost

TOKYO (Reuters) - Asian stocks scaled fresh seven-year peaks on Tuesday as Apple's upbeat earnings offset underlying caution ahead of the Federal Reserve's policy meeting scheduled to start later in the session.The dollar, meanwhile, clawed back some...

Deflation? Oil's 45 pct rebound could be markets' next headache| Reuters

Apr 28, 2015 at 01:30 | Source: FirstPost

LONDON (Reuters) - Whisper it, but the next challenge for financial markets and policymakers may not be deflation, but the remarkable surge in oil prices from the six-year low touched in January. Since then, Brent crude futures have risen 45 percent....

For Hong Kong regulator, HSBC presents major challenges | Reuters

Apr 27, 2015 at 23:45 | Source: FirstPost

HONG KONG (Reuters) - A move by British banking giant HSBC to relocate its headquarters back to Hong Kong would present major challenges to the city's banking watchdog, regulatory experts said.The Hong Kong Monetary Authority (HKMA) is regarded as on...

108 people from West Bengal yet to be traced in Nepal: Mamata Banerjee

Apr 27, 2015 at 18:28 | Source: FirstPost

Siliguri: West Bengal Chief Minister Mamata Banerjee on Monday said 108 people from the state who were in Nepal on various purposes were yet to be traced and efforts were on to locate them."As per the information available, another 336 people of...

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