MUMBAI - The risk of militants striking again in India worries many investors who fear that a second attack similar to last year’s Mumbai raids could shake what has so far proved to be a resilient economy.
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TOKYO – Japan’s government made some of its most pointed remarks to the Bank of Japan at its Oct. 30 policy meeting about the need for action to combat deflation, underlining the simmering row between the two over how best to handle the economy.
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WASHINGTON – US President Barack Obama is paying a price for a recession that began before he took office, and fellow Democrats have started to balk at his legislative agenda and demand greater efforts to create jobs.
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CANBERRA - The future of Australia’s carbon trade laws was thrown into new doubt when several opposition lawmakers resigned and promised to vote against the plan and parliament postponed a final vote until next week.
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VIENNA - Iran’s demand for changes to a nuclear fuel deal is unacceptable because it could mean Tehran keeping enough enriched uranium for possible use in an atom bomb, the UN nuclear watchdog chief said in an interview.
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DUBAI/NEW YORK – Dubai said on Wednesday two of its flagship firms planned to delay repayment on billions of dollars of debt as a first step toward restructuring Dubai World, the conglomerate that spearheaded the emirate’s breakneck growth.
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MOSCOW – Russian Finance Minister Alexei Kudrin said he was alarmed by the amount of hot money flooding into Russia and would support “soft measures” to stop speculators from inflating the value of the stock market.