Pakistani Prime Minister Nawaz Sharif reacts as he attends the opening session of 18th South Asian Association for Regional Cooperation (SAARC) summit in Kathmandu November 26, 2014. REUTERS/Narendra Shrestha/Pool

Pakistan under pressure to save SAARC trade agenda

South Asian leaders will pile pressure on Pakistan on Thursday to salvage a summit in Nepal by agreeing to electricity sharing and the free movement of vehicles across borders, steps aimed at boosting trade among nearly a quarter of the world's people.  Read | Slideshow 

Oil prices fall to four-year lows as OPEC production cut looks unlikely 10:30am IST

SINGAPORE - Brent crude fell to a four-year low under $76.30 a barrel on Thursday as it became increasingly unlikely that OPEC would cut output in support of prices during a meeting in Austria.

Australia's Phil Hughes celebrates his century during the first day of their second cricket test match against South Africa in Durban, March 6, 2009. REUTERS/Mike Hutchings/Files
Cricketer Dies

Australia's Phillip Hughes dies in hospital

Australian cricketer Phillip Hughes has died two days after he was struck in the head by a ball, Cricket Australia said in a tweet posted on its official page. "We are extremely sad to announce that Phillip Hughes has passed away at the age of 25," the statement said. Hughes sustained head injuries when struck by a short delivery during a Sheffield Shield match on Tuesday.  Full Article 

Employees arrange tomatoes before weighing them at a Big Basket warehouse on the outskirts of Mumbai November 4, 2014. REUTERS/Danish Siddiqui
E-Commerce

Online grocers benefit from e-commerce boom

Put off by snarled city traffic and a shortage of parking, more Indians are shopping for groceries online, helping e-tailers like Bigbasket.com and Localbanya.com turn in profits while supermarkets are struggling. The online grocers benefit from low overheads, as they store their goods in warehouses outside big cities where commercial rents are sky-high.  Full Article 

Stockbrokers monitor stock index numbers on their computer screens at a brokerage firm in Mumbai October 3, 2007. REUTERS/Punit Paranjpe/Files

India-focused hedge funds stand out

Hedge funds invested in emerging markets have seen sharp declines this year, led by Russia and Latin America, but India stands out as a bright spot. Industry data tracker HFR said declines in local currencies, such as in Brazil, Latin America's biggest economy, and falling oil prices have pressured performance.  Full Article 

A protester sits in front of a pile of chairs used to block the door, inside Taiwan's Legislative Yuan, Taiwan's parliament, during protest to oppose the controversial trade pact with mainland China, in Taipei April 5, 2014. REUTERS/Pichi Chuang/Files
Asia

Shadowy China agency trying to absorb Taiwan

The mission of United Front Work Department, an organ of the Communist Party’s Central Committee, is to spread China’s influence by gaining control over a range of groups not affiliated with the party and that are often outside the mainland. United Front documents reveal the extent to which the agency is engaged in a campaign to thwart any move toward greater independence by Taiwan.  Full Article 

Protesters demonstrate over the grand jury verdict in the shooting death of Michael Brown in Ferguson, Missouri, November 26, 2014. REUTERS/Jim Young
Ferguson Teen Shooting Verdict

More than 400 arrested as protests spread

National Guard troops and police aimed to head off a third night of violence in Ferguson as more than 400 people have been arrested in the St. Louis suburb and around the United States.  Full Article | Pics 

People are silhouetted as they pose with laptops in front of a screen projected with a Google logo, in this picture illustration taken in Zenica October 29, 2014. REUTERS/Dado Ruvic/Files

American firms behind Google's Europe woes

To many in Brussels it's Google's fellow Americans - such as Microsoft - whose complaints and lobbying have driven a probe by the European Commission into whether Google abuses its dominance.  Insight 

One Direction accepts the award for favorite pop/rock album during the 42nd American Music Awards in Los Angeles, California November 23, 2014. REUTERS/Mario Anzuoni

Boy band One Direction makes Billboard history

British boy band One Direction became the only group to score four consecutive No. 1 debuts on the U.S. Billboard 200 album chart, ousting Taylor Swift from her chart-topping reign.  Full Article 

Latest Headlines

News, Views and Expert Opinion with Ankush Arora
    Cracked land is seen at Guarapiranga reservoir, during a drought in Sao Paulo November 21, 2014. REUTERS/Paulo Whitaker

    Brazil’s epic water crisis a global wake-up call

    One of the world’s biggest cities is running out of water. Sao Paulo, a city of 20 million people, could run dry within weeks. The humanitarian and economic cost would be immense. The fiasco should be a global wake-up call for other metropolises. The immediate cause of the crisis is a year-long drought.  Full Article 

    An Israeli police officer gestures as he holds a weapon near the scene of an attack at a Jerusalem synagogue November 18, 2014. REUTERS/Ronen Zvulun

    Can you live a moral life in the holy city of Jerusalem?

    While you are reading about violent attacks in Jerusalem on the home page of your newspaper, Jerusalemites are living their lives, most of the time, as if they dwelled in a happy little European nation, say Luxembourg or the Netherlands. That’s how you can feel there a lot of the time, if you live on the Israeli side. That is assuming you’re not a crazed extremist of some kind.  Commentary 

    Yuan

    China monetary policy enters difficult adolescence

    China’s economy is in the throes of financial adolescence. If all credit in China still came from banks, a reduction in the benchmark rate set by the People’s Bank of China would benefit most borrowers. In the past few years, however, China has sprouted all kinds of new ways to save and borrow that don’t respond predictably to the central bank’s orders.  Full Article 

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