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Asian stocks slip, euro hits one-year low

TOKYO - Asian shares slipped on Tuesday as a U.S. holiday robbed markets of momentum, while the euro hit a fresh one-year low on 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.

India's Prime Minister Narendra Modi (R) and Japan's Prime Minister Shinzo Abe shake hands before their talks at the state guest house in Tokyo September 1, 2014. REUTERS/Toru Hanai
Diplomacy

Japan and India vow to boost defence ties

Japan and India agreed to strengthen defence ties as Asia's second and third biggest economies keep an eye on a rising China.  Article 

A U.N. peacekeeper from Fiji is seen through a bus window in the Israeli-occupied Golan Heights, before crossing into Syria August 31, 2014. REUTERS/Baz Ratner

Fiji: Syria rebels want removal from terror list

Islamist fighters who seized dozens of Fijian soldiers serving as U.N. peacekeepers on the Golan Heights are demanding that their group be removed from a global terrorism list and that compensation be paid for members killed in fighting, the head of Fiji's army said.  Full Article 

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 

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 

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Views and Expert Opinion with Sankalp Phartiyal
    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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