The US Federal Reserve might be more comfortable in implementing its stimulus reduction as increasing rents and healthcare costs had shown some stability in underlying inflation.
Legal & Regulatory
Chinese domestic milk producers get state subsidy
A number of domestic milk producers were chosen by Chinese authorities as recipients of state subsidies and tax breaks.
Obama won’t negotiate on raising debt ceiling
US President Barack Obama said he would not raise the country's debt ceiling nor would he negotiate with congressional Republicans to give in their attempt to decrease funding for Obama's healthcare law.
Brazil and US appears to be star-crossed lovers: analysis
The US and Brazil ties were foiled again after Brazil President Dilma Reousseff retaliated over reports that the US National Security Agency had spied on her top aides along with her private communications.
Fed surprises markets, ceases from reducing stimulus
The US Federal Reserve surprised markets last Wednesday after it announced that it would continue its monthly bond buying at USD85 billion for now.
Latest News
Populist movement Occupy Wall Street had marked its second anniversary through a planned march the United Nations office and a protest near the New York Stock Exchange.
The poverty rate of Americans rose to 46.5 million from last year shown in the stock market, according to a US Census Bureau data.
Mykola Azarov, the Ukranian PM, assured Russia that the EU agreements are no threat to Russia. The prime minister of the Ukraine reached out to Russia to allay fears as to Kiev's plans of signing a free trade agreement with the European Union.
Senator Al Franken wrote a letter to Apple's Head Tim Cook to raise concerns about the fingerprint scanning technology of the iPhone 5S.
Claiming survival of the local industry, the All India Plastics Manufacturers Association has written to the Indian Finance Minister to revise the import duties on plastics.
The influx of major global airlines moved the Indian government to review its existing requirements for airlines to be allowed to fly international routes.
European policymakers were in for disappointment no matter what the outcome of the election would be, a Reuters analysis showed.
Aung San Suu Kyi said Myanmar needed foreign capital to recover but these should be responsible investments.
BB&T Corp lost a USD 772 million tax refund case against the IRS. Financial holding firm BB&T Corp lost a USD 772 million tax shelter case with the US Internal Revenue Service (IRS).
