Prime Minister Narendra Modi arrives to pay homage at the Mahatma Gandhi Statue in fron tof the Indian Embassy in Washington September 30, 2014.   REUTERS/Jonathan Ernst/Files

Modi announces package for flood-hit Kashmir

Prime Minister Narendra Modi on Thursday announced a 7.5 billion rupee ($120 million) relief package for flood-hit Kashmir as his Bharatiya Janata Party seeks to expand support beyond the mainly Hindu lowlands of Jammu.  Full Article 

Microsoft profit dips on charges, while sales jump 1:51am IST

SEATTLE - Microsoft Corp said on Thursday fiscal first-quarter profit fell 13 percent as it took a $1.1 billion charge related to mass layoffs announced in July.

A policeman walks past a logo of the Board of Control for Cricket in India (BCCI) during a governing council meeting of the Indian Premier League (IPL) at BCCI headquarters in Mumbai April 26, 2010.   REUTERS/Arko Datta/Files

Worried sponsors pile pressure on West Indies

The West Indies Cricket Board (WICB), reeling from the fallout from the team's withdrawal from the tour of India, is facing fresh pressure from its worried commercial and broadcast partners.  Full Article 

A cashier counts rupee notes inside a bank in Mumbai December 6, 2013. REUTERS/Danish Siddiqui/Files
Currency

Rupee bets near 5-month high: Reuters Poll

Sentiment towards emerging Asian currencies improved in the past two weeks with long positions in the rupee near a five-month high, a Reuters poll showed, amid views that the U.S. Fed will hold off on interest rate hikes for a longer time. Bullish bets on the rupee grew to the largest since early June as capital inflows were spurred by hopes the new government would push through more reforms.  Full Article 

Police perform a thorough search of the area around the Canadian War Memorial in downtown Ottawa October 23, 2014.  REUTERS/Blair Gable
Canada Shooting

Canada PM pledges tougher laws after attack

Canadian Prime Minister Stephen Harper pledged more surveillance and detention powers for security forces in Canada on Thursday after a gunman killed a soldier and raced through parliament before being shot dead.  Full Article | In Pics: After the Ottawa attack 

A destroyed T-72 tank, which presumably came from Russia, is seen on a battlefield near separatist-controlled Starobesheve, eastern Ukraine, October 2, 2014. REUTERS/Maria Tsvetkova

Charred tanks in Ukraine point to Russia

The burnt-out remains of dozens of tanks and armoured vehicles in fields near this small village bear witness to the ferocity of a battle that turned the tide of the conflict in eastern Ukraine.  Full Article 

  Paramilitary policemen and pedestrians are reflected on the shop window of a shop selling souvenirs bearing the pictures of China's President Xi Jinping (L) and former leaders near the Great Hall of the People in Beijing October 23, 2014. Reuters/Kim Kyung-Hoon
Asia

China vows better rule of law

China's Communist Party unveiled legal reforms aimed at giving judges more independence and limiting local officials' influence over courts, but it made no mention of the fate of its former domestic security chief who is under investigation for corruption.  Full Article 

Barcelona's Xavi Hernandez (R) and Lionel Messi reacts after losing to Real Madrid at the end their King's Cup final soccer match at Mestalla stadium in Valencia April 16, 2014. REUTERS/Albert Gea/Files
Soccer

Real, Barcelona set for titanic 'Clasico' battle

Clashes between Real Madrid and Barcelona are rarely short on drama and Saturday's La Liga 'Clasico' may have more than its usual share with Luis Suarez poised to return from a biting ban and Barca team mate Lionel Messi on the brink of equalling the top-flight scoring record.  Full Article | Key head-to-heads in the La Liga 'Clasico' 

Latest Headlines

Markets

Peace Laureate's Call

Children's right activist Kailash Satyarthi laughs at his office in New Delhi October 10, 2014. REUTERS/Adnan Abidi

Spend less on arms, more on schools, says Nobel laureate Satyarthi

Countries around the world should cut their defence budgets and invest in education if child labour is to be eradicated, said Nobel laureate Kailash Satyarthi. Satyarthi founded the charity Bachpan Bachao Andolan (Save the Childhood Movement) in 1980 and has helped rescue over 80,000 children - many of whom were trafficked from poor rural villages.  Full Article 

John Lloyd

Lessons of Ebola: Unequal in life, unequal in death

Dr. Margaret Chan, who leads the WHO, sent her chief of staff to a WHO regional conference in Manila to spotlight something we rarely keep in our conscious mind and don’t, collectively, do much about: Inequalities can be a matter of ever-longer life, or a most miserable death: Inequalities can be a matter of ever-longer life, or a most miserable death.   Commentary 

Being the ‘indispensable nation’ is killing American democracy

Being the ‘indispensable nation’ is killing American democracy

America — proudly dubbed the “indispensable nation” by its national-security managers — is now the entangled nation enmeshed in conflicts across the globe. The indispensable nation is permanently engaged across the globe. But endless war undermines the Constitution.   Commentary 

Oil pumping machine.

Cheap oil is no tonic for Asian economies

Cheaper oil won’t be much of a tonic for Asian economies. While painful for exporters, sliding prices should benefit consumers of crude. For most in the region, though, less expensive oil is mainly a sign that growth is stalling. The big exceptions are India and Indonesia. For them, the price slide over the past 4 months translates into significant budgetary savings.  Full Article