Government

Asia's stocks fall after Feds tapers bets

Significant drops in stocks took place in Asia after the U.S. Federal Reserve Board pared economic stimulus.


Central Banks make currency-swap lines permanent to avoid future shocks

Central banks of the Group of Seven nations made permanent a cash crisis mechanism to avoid financial pitfalls.

US Federal Reserve keen to resume massive asset-buying program after government shutdown

Majority of the economists deduced that the size of the US Federal Reserve's bond-buying program would not be tapered.

Eternal flame is lit again at JFK's gravesite

The permanent eternal flame was brought back to light the gravesite of JFK after its repair. The eternal flame marking the gravesite of former US President John F.


Latest News

A report from the Associated Press revealed that more US troops were taking refuge in military lipo to meet strict physical fitness requirements.
In a filing with the US Supreme Court, Argentina seek stay of payment order issued by lower court. The Argentine government had filed an urgent motion in US Appeals Court last Friday to stay the hold order requiring the government to pay USD1.
Obama, in a fundraising speech, said that the differences between Democrats and Republicans were exemplified in the recent budget impasse.
The European Union and Turkey would be resuming accession talks on November 5 after a three-year postponement.
A source told Reuters that JPMorgan Chase & Co was nearing a settlement deal with institutional investors that included BlackRock, Pacific Investment Management and Neuberger Berman.
Jack Lew, Secretary of the Treasury, said a government shutdown must not happen again. US Treasury Secretary Jack Lew said the US must not go through another government shutdown.
Boeing Co and Lockheed Martin Corp said they had formed an alliance to bid for the US Air Force long-range bomber program.
No further damage was sustained by the Fukushima nuclear power plant from the earthquake that hit Japan's coast on Saturday.
An earthquake with a magnitude of 7.3 hit Japan's east coast early Saturday morning but no immediate land damage was reported.
The government of New Brunswick, a province in Canada, had invested USD 5 million for its Startup Investment Fund.
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