Facebook reaches 1 million active advertisers
REUTERS - Facebook Inc said on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue growth.
Wall St extends rise, investors see no change in Fed policy
NEW YORK - U.S. stocks advanced for a second straight day on Tuesday as investors bet the Federal Reserve would temper statements which were interpreted to mean a sooner-than-expected winding down of stimulus efforts.
Sensex to hit 21,000 by year end: Reuters poll
Battered Indian stocks will bounce back in the second half of 2013, according to a poll of leading equity strategists. Full Article | Graphic
U.S. to meet Taliban to seek Afghan peace
The United States will meet the Taliban in Doha in the coming days for talks aimed at achieving peace in Afghanistan, where the United States has battled the insurgents for 12 years, U.S. officials said on Tuesday. Full Article | Related Story
Huawei launches world's slimmest smartphone
Huawei unveiled its flagship smartphone, the Ascend P6, at its first standalone launch event, underlining its ambitions to compete with Apple and Samsung in the top tier of mobile technology. Full Article
Putin faces isolation over Syria
Russian President Vladimir Putin faced growing isolation on the second day of a G8 summit as world leaders lined up to pressure him into toning down his support for Syrian President Assad. Full Article
WHO urges tougher food marketing rules
The marketing of unhealthy foods to children has proven "disastrously effective", driving obesity by using cheap social media channels to promote fat-, salt- and sugar-laden foods, the World Health Organisation's Europe office said on Tuesday. Full Article
Latest Headlines
Scores killed in monsoon floods
Early monsoon rains have swollen the Ganga, swept away houses, killed at least 60 people and left tens of thousands stranded. Full Article | Video
Hard currency status a wishful dream for rupee
Despite India’s substantial economic progress over the decades to emerge today among the ten largest economies in the world in nominal GDP terms and the top three in PPP terms, the rupee has not kept pace with this progress and has witnessed periods of high volatility. Until India traverses the distance from a trade-deficit economy to a neutral or trade-surplus nation, the rupee will always remain unhinged. Column
Breakingviews
India in depth: Diaspora's yield hunt gone wrong
India's banking system may lose the only friend it has had the past couple of years: the diaspora. For every $1 of time deposits that Indian banks have raised from residents in the past year, 13 cents has come from the estimated 25 million people of Indian origin who live in other countries. On all but a fraction that amount, the currency risk lies with the depositor. Full Article
Singapore’s creative bank penalty may be a one-off
Singapore has come up with a creative way of penalising rate-rigging banks. Regulators are forcing lenders implicated in manipulating the city-state’s borrowing and currency rates to set aside up to S$12 billion ($9.6 billion) in extra central bank reserves. With rates low, however, the costs will be much lower than recent mega-fines. Full Article
Justin Bieber hits photographer in Los Angeles car scrape
Teen pop star Justin Bieber struck a photographer with his Ferrari sports car while driving away from a comedy club in Los Angeles, but the accident was not considered a hit-and-run, police said. Full Article
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