Asia & Indian Sub-Continent

http://economictimes.indiatimes.com/markets/commodities/gold-slips-below-1400-buying-in-india-comes-to-a-halt/articleshow/20070700.cms Gold slips below $1,400; buying in India comes to a halt By Reuters | 16 May, 2013 NEW YORK/LONDON: Gold slid below $1,400 an ounce on Wednesday, losing two percent and hitting its lowest in nearly a month as a record rally in US equities and economic optimism undermined bullion’s safe-haven appeal. The metal… Continue Reading

http://online.wsj.com/article/SB10001424127887324767004578484671702885706.html?mod=fox_australian Malaysia Leader Names Cabinet May 15, 2013 BY ABHRAJIT GANGOPADHYAY AND JASON NG KUALA LUMPUR—Malaysia’s Prime Minister Najib Razak unveiled a new Cabinet on Wednesday with a mix of technocrats, including the chief executive of the largest local bank, and career politicians, as he sought to balance experience with new ideas and vowed to… Continue Reading

http://www.zerohedge.com/news/2013-05-15/bank-japan-headno-bubble-here-nikkei-rises-45-2013 Bank Of Japan Head:”No Bubble Here” As Nikkei Rises 45% In 2013 Submitted by Tyler Durden on 05/15/2013 Supposedly this is the same chart that the new BOJ head, Haruhiko Kuroda, was looking at when he was responding to Japanese lawmakers during a session of the upper-house budget committee, where he flatly rejected an… Continue Reading

http://economictimes.indiatimes.com/news/politics-and-nation/finmeccanica-cfo-says-not-expecting-india-to-blacklist-group/articleshow/20066011.cms Finmeccanica CFO says not expecting India to blacklist group By Reuters | 15 May, 2013 MILAN: Finmeccanica is not expecting India to blacklist either the group or its helicopter unit AgustaWestland for the time being as a consequence of a corruption probe, Chief Financial Officer Gian Piero Cutillo said on Wednesday. Cutillo was speaking… Continue Reading

http://online.wsj.com/article/SB10001424127887324767004578484351277916028.html?mod=pls_whats_news_us_business_f AirAsia Appoints CEO for India Venture May 15, 2013 By ANIRBAN CHOWDHURY MUMBAI—AirAsia Bhd. 5099.KU +0.93% has appointed Mittu Chandilya as the chief executive of its India venture. Announcing the appointment on microblogging site Twitter, global CEO Tony Fernandes said Mr. Chandilya “is coming home to change Indian travel and make it affordable ….”

http://economictimes.indiatimes.com/news/economy/indicators/gold-demand-may-come-down-with-decline-in-inflation-c-rangarajan/articleshow/20065253.cms Gold demand may come down with decline in inflation: C Rangarajan By PTI | 15 May, 2013 NEW DELHI: Gold demand is likely to fall as easing of general inflation rate will make investment in financial products more attractive than the yellow metal, PMEAC Chairman C Rangarajan said today.Also, the steps being taken to… Continue Reading

http://economictimes.indiatimes.com/tech/internet/linkedin-users-base-tops-20-million-mark-in-india/articleshow/20056902.cms LinkedIn users base tops 20 million mark in India By Rahul Sachitanand, ET Bureau | 15 May, 2013 MUMBAI: LinkedIn, the world’s largest professional networking site, has over 20 million users in India, within four years of launching its operations in the country. In the past 12 months, the Mountain View, California-based firm has… Continue Reading

http://www.businessweek.com/articles/2013-05-14/weak-yen-gives-hope-to-weak-japanese-companies#r=rss Weak Yen Gives Hope to Weak Japanese Companies By Bruce Einhorn | 15 MAY 2013 In the new weak-yen Japan, even the frailest companies are enjoying a reprieve. Today’s example is Pioneer (6773), the bedraggled maker of car-navigation systems and audio and video equipment. Back in October, when the Kawasaki-based company reported ….”

http://www.forbes.com/sites/johnlamattina/2013/05/14/the-conundrum-of-healthcare-in-india/ The Conundrum Of Healthcare In India John LaMattina, Contributor | 15 MAY 2013 On a daily basis, one can come across a story in the U.S. print or electronic media about the problems faced in this country around the increased number of overweight and obese Americans. These concerns are justified. Obesity is the first… Continue Reading

http://economictimes.indiatimes.com/news/economy/indicators/india-to-grow-at-6-in-current-fiscal-standard-poors/articleshow/20051115.cms India to grow at 6% in current fiscal: Standard & Poor’s By PTI | 14 May, 2013 NEW DELHI: India is projected to grow by 6 per cent in the current fiscal while growth is expected to be steady in most of the Asia Pacific economies, global rating agency Standard & Poor’s said today.It,… Continue Reading