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Asian stocks dip, euro stuck near one-year lows

TOKYO - Asian shares drifted lower on Tuesday, with momentum from prior gains fading as investors were left short of cues with the U.S. markets closed on Monday, while the euro continued to probe one-year lows in the uncertainty over the European Central Bank's policy decision later this week.

RBI amends Basel III guidelines for banks 01 Sep 2014

MUMBAI - Indian banks can now issue Tier 2 capital with a minimum original maturity of 5 years as against 10 years previously, the Reserve Bank of India (RBI) said in a notification on Monday, amending some guidelines on Basel III implementation in India.

Novak Djokovic of Serbia throws his wrist band into the crowd after defeating to Philipp Kohlschreiber of Germany at the 2014 U.S. Open tennis tournament in New York, September 1, 2014. REUTERS/Eduardo Munoz

Djokovic, Murray in quarters clash

The tension mounted and temperatures soared at the U.S. Open as top seed Djokovic and Murray set up a sensational quarter-final, and Serena Williams made a 2014 grand slam breakthrough.  Full Article 

Vehicles destroyed in a car bomb attack are seen in the New Baghdad neighbourhood August 26, 2014. REUTERS/Thaier al-Sudani

Iraq violence killed at least 1,420 in August: U.N

At least 1,420 people were killed in Iraq in August as sectarian violence raged in the country's centre and north, the United Nations said on Monday.  Full Article 

An Afghan election worker carries a ballot box to be counted for an audit of the presidential run-off in Kabul August 27, 2014. REUTERS/Mohammad Ismail

Afghan talks on unity government collapse

Talks on a power-sharing deal between Afghanistan's rival presidential candidates have collapsed, a top leader said, rekindling fears of ethnic unrest over disputed election results.  Full Article 

Handout photo of author Reema Abbasi

A glimpse of Pakistan’s Hindu past

Journalist Reema Abbasi's “Historic Temples in Pakistan: A Call to Conscience” is a book-length attempt to record in pictures the history of an Islamic country’s Hindu past, especially as extremist activity mounts against Pakistan’s religious and ethnic minorities, including Ahmadis, Christians, Sikhs and Shia Muslims.  Full Article 

A man washes his hands at a facility outside the Green Pharmacy, Area 8, in Abuja, September 1, 2014. REUTERS/Afolabi Sotunde

Poor response to Ebola causing deaths

The world's "disastrously inadequate response" to West Africa's Ebola outbreak means many people are dying needlessly, the head of the World Bank said on Monday, as Nigeria confirmed another case of the virus.  Full Article 

Latest Headlines

Modi In Japan

Nita Bhalla

The suicide letters that symbolise India’s misguided shame

Shame. It’s a word I often hear when speaking to women in India, where a combination of patriarchy, misogyny and extreme conservatism makes women feel ashamed of the crimes being committed against them. They are ashamed of being sexually harassed, ashamed for being molested and ashamed after suffering a beating.  Full Article 

Andy Mukherjee

Supreme Court order adds urgency to India’s coal crunch

The two-decades-old practice of selectively allocating mines to metal, cement and power producers is illegal, the court ruled. The judges have not yet decided what punishment to hand out. But investors are prepared for the worst, and for good reason: two years ago, the court cancelled the underpriced sale of telecom spectrum, quashing all 122 licenses in one go.  Full Article 

McLaren Mercedes team members dump buckets of ice water onto Formula One driver Lewis Hamilton of Britain as he takes part in the "Ice Bucket Challenge" after the first practice session at the Belgian F1 Grand Prix in Spa-Francorchamps August 22, 2014. REUTERS/Stringer

Roche’s $8 billion bet outsmarts ice-bucket challenge

Dumping cold water on heads, the social-media phenomenon now boosting research on amyotrophic lateral sclerosis (ALS), is a great way to raise charitable cash. But the drug made by Roche’s target, InterMune, treats an obscure yet equally fatal disease with more sufferers.  Full Article 

Prime Minister Narendra Modi waves as he leaves after the commissioning ceremony of warship, INS Kolkata at a naval base in Mumbai August 16, 2014. REUTERS/Danish Siddiqui

Asia’s top-down corporate reforms vary in promise

Asia is in the throes of a top-down corporate reform drive. Newish leaders in China, India, South Korea and Japan are pushing to overhaul the way companies work. But investors eyeing better returns will find not all reforms are equal. India has failed over the years to revive its tired state-owned enterprises despite selling off minority stakes in companies.  Full Article 

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