Asia & Indian Sub-Continent

http://economictimes.indiatimes.com/news/economy/finance/indias-share-in-global-investment-to-double-by-2030-world-bank/articleshow/20415223.cms India’s share in global investment to double by 2030: World Bank By PTI | 3 Jun, 2013 NEW DELHI: India’s share in global investments expected to almost double by 2030, a World Bank report said today. “In less than a generation, global saving and investment will be dominated by the developing world with India’s… Continue Reading

http://economictimes.indiatimes.com/tech/hardware/nokia-siemens-to-close-small-factory-in-india/articleshow/20407772.cms Nokia Siemens to close small factory in India By Reuters | 3 Jun, 2013 HELSINKI: Telecom equipment maker Nokia Siemens Networks said it plans to shut down a small factory in India at the end of July as part of a global cost-cutting drive. A spokeswoman for the joint venture between Nokia and Siemens… Continue Reading

http://www.reuters.com/article/2013/06/03/us-global-economy-pmi-idUSBRE95206420130603?feedType=RSS&feedName=businessNews U.S., Chinese manufacturing shrink, stoking growth fears By Steven C. Johnson and Jonathan Cable NEW YORK/LONDON | Mon Jun 3, 2013 11:30am EDT NEW YORK/LONDON (Reuters) – Manufacturers in the United States, China and Europe struggled last month as demand fell, suggesting an ailing world economy that still needs a steady diet of central… Continue Reading

http://www.courant.com/business/sns-rt-us-india-banks-debtbre9510em-20130602,0,287395.story?track=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Courant%2FBusiness%2FNationWorld+%28courant.com+-+National+BUSINESS+UPDATES%29 No more Mr. Nice Guy: Indian bankers suit up for war on debt defaulters Swati Pandey Reuters 5:40 p.m. EDT, June 2, 2013 MUMBAI (Reuters) – Fed up with a profitable textile company’s failure to repay its loan, India’s UCO Bank has taken its grievance public, placing newspaper ads last month that brand the… Continue Reading

http://www.independent.co.uk/money/loans-credit/pensioners-facing-bitterness-and-bankruptcy-in-retirement-as-debt-levels-soar-8640853.html Pensioners facing bitterness and bankruptcy in retirement as debt levels soar Instead of a happy retirement, many over-65s are now in debt to loan sharks, without funds to pay off mortgages or facing homelessness and bankruptcy Emily Dugan , Paul Bignell  | Sunday 02 June 2013 For many pensioners, retirement is proving to be… Continue Reading

http://online.wsj.com/article/SB10001424127887324412604578516962937717852.html?mod=pls_whats_news_us_business_f Nokia Loses India Tax Appeal May 31, 2013 BY JUHANA ROSSI AND PRASANTA SAHU HELSINKI—Nokia Corp. suffered a setback in a tax dispute in India after the local tax commissioner rejected Nokia’s appeal against a claim that the Finnish handset maker owes 20.8 billion rupees ($369 million) in unpaid taxes. The rejection of Nokia’s… Continue Reading

http://hosted.ap.org/dynamic/stories/A/AS_JAPAN_AFRICA?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT Japan $1 billion aid earmarked for northern Africa Jun 2 YOKOHAMA, Japan (AP) — Japan on Sunday announced a plan to provide 100 billion yen ($1 billion) in aid over the next five years to northern Africa for economic development and humanitarian efforts, including help with security and counter-terrorism measures. Prime Minister Shinzo Abe… Continue Reading

http://www.japantimes.co.jp/opinion/2013/06/03/editorials/shale-oil-revolution-touches-japan/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+japantimes+%28The+Japan+Times%3A+All+Stories%29&utm_content=Google+Reader#.UavJxnZ—cw Shale oil revolution touches Japan Jun 3, 2013 The United States has decided to permit exports of its liquefied natural gas (LNG) to countries with which it has not concluded free trade agreements. As part of the move, the U.S. has approved exporting LNG to Japan, one of the countries that have not signed… Continue Reading

http://economictimes.indiatimes.com/markets/stocks/views/recommendations/given-fading-domestic-business-should-you-invest-in-tata-motors/articleshow/20349269.cms Given fading domestic business, should you invest in Tata Motors? By ECONOMICTIMES.COM | 30 May, 2013 NEW DELHI: Tata Motors LtdBSE 4.31 % reported better than expected fourth quarter results on the back of strong performance by its UK-based subsidiary c).On a consolidated basis, India’s largest automobile firm by revenues posted 36.71 per cent… Continue Reading

http://economictimes.indiatimes.com/tech/hardware/apple-takes-india-seriously-as-iphone-sales-increase-by-400-with-the-help-of-emi-schemes-discounts/articleshow/20356579.cms Apple takes India seriously as iPhone sales increase by 400% with the help of EMI schemes, discounts By Gulveen Aulakh, ET Bureau | 31 May, 2013 NEW DELHI: Equal monthly installments and cash back schemes have worked wonders for Apple in India as iPhone’s monthly sales have risen by 300% to 400% over the… Continue Reading