India loosened rules for foreign direct investors on the local retail industry as part of its drive to lure more foreign firms.
Industry
Federal Reserve gives no hints of bond buying reductions, describes US economic growth as "modest"
The Federal Reserve gave no indication that it intends to reduce its bond purchases, at least for now.
India will still become a super power - Visionaires
According to optimistic analysts, India is still on track to becoming the net super economy if only industrial houses continued to invest.
Dying rupee scares off global investors
The Indian currency continued to decline, prompting investors to shy away from investing in the country.
A succession problem looms for China's private businesses, Reuters reports
Reuters reported that China's private businesses could experience succession problem in the next few years.
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The Confederation of Indian Industries said that now is the time when India needs foreign direct investments the most.
Reports said that investments in the Philippines increased by almost 40% after six months. Asia's 'rising economic tiger' posted another increase in local and foreign investments as four major placement agencies approved businesses today.
According to Singapore's GIC, China's credit crunch will have great effects on many economies worldwide.
Thomson & Reuters data revealed 2013 to be a weak year so far for international mergers and acquisitions.
China's PMI showed growth in July, offering hope that the country's economy is recovering.
Societe Generale SA said that they are happy to announce that the company is ecstatic as the company's profit margin doubles.
China's Premier Li Keqiang's projects will now get the much needed help with the recent boost in the manufacturing industry.
Honda Motor Corp expressed caution on investing in emerging markets as Japan sales fell by 24%. Although it saw a strong sales performance April-June in Asia, Honda Motor Co.
According to research, the iPhone's release revolutionized how costumers picked their gadgets. According to analysts, consumers have shifted from buying only based on the price tag.
