Indian pharma, Taiwan tech lure smart money

Asia’s tumbling stocks have triggered an exodus of funds from the region, but some investors say the sell-off has been indiscriminate and that certain stocks offer compelling buying opportunities.

Markets rise on value buying, positive Wall Street cues 1:21pm IST

REUTERS - India's stock markets rose nearly 1 percent on Thursday, looking to snap out of three straight sessions of losses as investors bought beaten down stocks while upbeat U.S. markets overnight also improved sentiment.

Meenakshi Kumari, 23, one of the two sisters allegedly threatened with rape by a village council in Uttar Pradesh, adjusts her headgear as she sits inside her lawyer's chamber in New Delhi, India, September 1, 2015. REUTERS/Anindito Mukherjee
Gender-Based Violence

Village council denies ordering rape of sisters

A village council in Baghpat district of Uttar Pradesh has denied allegations that it ordered two young sisters to be raped because their brother eloped with a higher caste woman. Members of the village council have told Reuters they passed no such order. Family members of the two sisters also said they are unsure if the ruling was made, and police deny any such directive was given.  Full Article | Video 

Australia's Defence Minister Kevin Andrews (C) inspects an honour guard during his ceremonial reception in New Delhi, India, September 2, 2015. REUTERS/Adnan Abidi
Defence

Australia keen to join India, U.S. naval drills

Australia wants to join India, the United States and Japan in joint naval exercises in the Indian Ocean, widening participation in multilateral drills as China's influence in the region grows. Australian Defence Minister Kevin Andrews said expanding the exercises to include more countries would help avoid military mistakes in a region where China and India are increasingly competing.  Full Article 

Soldiers of China's People's Liberation Army (PLA) hold guns while standing in armored vehicles during the military parade to mark the 70th anniversary of the end of World War Two, in Beijing, China, September 3, 2015. REUTERS/Damir Sagolj

China to cut troop levels by 300,000

China put on its biggest display of military might on Thursday in a parade to commemorate victory over Japan in World War Two, an event shunned by most Western leaders but which underscored Beijing's growing confidence in its armed forces.  Full Article 

Plans for 20 km high space elevator tower
Science

Plans for 20 km high space elevator tower

A revolutionary plan to build a 20 kilometre high inflatable structure to propel spacecraft into the atmosphere has been announced by Canadian company Thoth Technology. Jim Drury reports.  Video 

Roger Federer of Switzerland holds a handful of tennis balls before hitting them towards fans after defeating Leonardo Mayer of Argentina in their first round match at the U.S. Open Championships tennis tournament in New York, September 1, 2015.    REUTERS/Carlo Allegri
U.S. Open

Federer to face Darcis in second round

World number two Roger Federer will continue his bid for a sixth U.S. Open title when he takes on Belgium's Steve Darcis in the second round at the Arthur Ashe Stadium on Thursday.  Full Article 

A customer stands beneath an Apple logo at the Apple store in Grand Central station in New York City July 21, 2015. REUTERS/Mike Segar/files

Japan Display CEO hints at strong Apple orders

Japan Display Inc Chief Executive Mitsuru Homma on Thursday said the screen maker's "biggest client", widely understood to refer to Apple Inc, is increasing orders ahead of the expected launch of a new iPhone this month.  Full Article 

A man walks by the poster for the film :The Interview" outside the Alamo Drafthouse theater in Littleton, Colorado December 23, 2014. REUTERS/Rick Wilking/Files

Sony to settle lawsuit over 'Interview' hacking

Sony Pictures Entertainment Inc has reached a settlement agreement with nine former employees who had filed a lawsuit claiming that their personal data was stolen in a 2014 hacking tied to the studio's release of a comedy film set in North Korea, "The Interview."  Read 

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