The logo of Japan's biggest mobile phone operator NTT DoCoMo, Inc. is seen at its shop in Tokyo April 28, 2010. REUTERS/Issei Kato/Files

NTT DoCoMo to exit Indian market - sources

Japan's NTT DoCoMo Inc will unload its 26.5 percent stake in loss-making Indian mobile phone joint venture Tata Teleservices Ltd and exit the country as it struggles with tough price competition, sources familiar with the matter said on Friday.  Full Article 

Apple, Google agree to pay over $300 million to settle conspiracy lawsuit 3:39am IST

SAN FRANCISCO - Four major tech companies including Apple and Google have agreed to pay a total of $324 million to settle a lawsuit accusing them of conspiring to hold down salaries in Silicon Valley, sources familiar with the deal said, just weeks before a high profile trial had been scheduled to begin.

The interior of a Microsoft retail store is seen in San Diego January 18, 2012. REUTERS/Mike Blake/Files
Earnings Season

Microsoft beats Wall Street on new CEO debut

Microsoft new CEO got off to a winning start with Wall Street as the world's largest software company eased past analysts' profit estimates despite the pressure of falling computer sales.   Full Article 

Palestinians hold national flags as they celebrate after an announcement of a reconciliation agreement in Gaza City April 23, 2014. REUTERS/Ibraheem Abu Mustafa

Israel suspends talks after Palestinian unity bid

Israel on Thursday suspended U.S.-sponsored peace talks with the Palestinians in response to President Mahmoud Abbas's unexpected unity pact with the rival Islamist Hamas group.  Full Article 

Singer Miley Cyrus performs during New Year's Eve celebrations at Times Square in New York, December 31, 2013. REUTERS/Carlo Allegri/Files
100 Most Influential

Janet Yellen, Miley Cyrus on Time influential list

Janet Yellen, the first woman to lead the U.S. Federal Reserve, pop star Miley Cyrus and Fox News anchor Megyn Kelly were among the 41 women in the Time 100, the most women ever included in the magazine's list of the world's most influential people. The list also includes the second appearance of singer Beyoncé and the seventh for possible 2016 White House contender Hillary Clinton.  Full Article 

Michael Phelps swims during the men's 100m butterfly race at the 2014 USA Swimming Grand Prix Series at Skyline Aquatic Center. Mandatory Credit: Joe Camporeale-USA TODAY Sports

Phelps wins first race in comeback

Michael Phelps made an ominous start in his comeback to competitive swimming, setting the fastest time in the 100 metres butterfly heats at a USA Swimming Grand Prix meet.  Full Article 

Afghan presidential candidate Abdullah Abdullah arrives for an interview in Kabul April 20, 2014. REUTERS/Mohammad Ismail

Abdullah-Ghani run-off likely in Afghan election

The Afghanistan presidential election is poised to go to a run-off after the latest tally of votes released on Thursday showed neither former foreign minister Abdullah Abdullah nor former finance minister Ashraf Ghani securing an outright majority.  Full Article 

Latest Headlines

Debra Sherman

Remembering Debra

Our much beloved colleague Debra Sherman has died after battling lung cancer for more than a year. She covered healthcare for more than a decade, writing considered pieces on such subjects as the rising financial toll posed by a cancer diagnosis. After learning of her own illness, she employed that expertise in fighting the disease and imparting to readers accounts of her experience in her "Cancer in Context" blog.  Read 

CINEMA

A handoout still from 'The World Before Her'

Guns and Gowns: Two faces of Indian woman

Nisha Pahuja‘s film “The World Before Her” juxtaposes two training camps - one for the Durga Vahini (army of Durga), the women’s unit of the right-wing Vishva Hindu Parishad (World Hindu Council), and the other for the Miss India beauty pageant. Pahuja wanted to make a film that would explore a common theme in two worlds that at first look like they are opposites.   Full Article 

Mahamet, a 17-year-old Syrian boy from Azaz, waits for customers in front of the jewellery shop where he works as a translator in Kilis on the Turkish-Syrian border March 18, 2014. REUTERS/Murad Sezer/Files

Election cash restrictions to dent gold imports

India's gold imports in April and May could be less than half of arrivals in March, as restrictions on the movement of cash during general elections dent the buying power of consumers, jewellery industry officials said. Gold arrivals in both April and May could plunge to 20 tonnes, from March imports of 50 tonnes.  Full Article 

Andy Mukherjee

Missing inflation could make Asian bonds frothier

When inflation picks up, so do bond yields, which drives prices of those bonds down. Before the 2008 crisis, consumer prices in Asia were rising at a faster-than-anticipated pace. Investors demanded more compensation for holding paper with fixed-rate returns, and policy-makers raised short-term rates, so yields on sovereign debt surged.  Full Article 

A man looks at a screen across the road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai February 6, 2014. REUTERS/Mansi Thapliyal/Files

Why IT, pharma stocks are not pariahs

Expectation that the ongoing general election will throw up a stable government has spurred a return to risk in domestic equities. Assuming a strong government is indeed voted in, will it mean the IT and pharma sectors will become market pariahs? Unlikely, writes Mukesh Agarwal of CRISIL.  Full Article 

John Foley

Graft purges don’t hurt shareholders - insiders do

China Resources chairman Song Lin has been sacked for disciplinary violations, leaving an empire with $150 billion in assets leaderless. Though China’s state-company bosses will quake in their loafers, the damage to investors looks manageable. The real problem is a wider culture that treats outside shareholders as an afterthought.  Full Article