Reuters

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Iran's Supreme Leader Ayatollah Ali Khamenei

Iran Leader Slams West's 'Stupid' Missile Stance Before Talks

Iran's Supreme Leader described as "stupid and idiotic" Western expectations for his country to curb its missile development, striking a defiant tone ahead of a fresh round of nuclear talks.

May 12, 2014

U.S. President Obama shakes hands with South Korean President Park in the Blue House in Seoul

North Korea Denies Drone Flights, Calls South Korean President 'Prostitute'

North Korea accused the U.S. and South Korean authorities of fabricating the results of a probe that concluded Pyongyang sent small surveillance drones, or unmanned aircraft, to spy on key South Korean installations in March.

May 12, 2014

Labourers carry EVMs at an election material distribution centre on the eve of the final phase of general election in Kolkata

New Government Set to Inherit Wobbly Economy

India is on the cusp of political change that is widely expected to infuse a new life into an economy that is struggling to break away from a tale of weak growth and high inflation.

May 12, 2014

Members of local election commission empty ballot box as they start counting votes of referendum on status of Luhansk region in Luhansk.

Rebels Declare Victory in East Ukraine Vote on Self-Rule

Pro-Moscow rebels declared a resounding victory in a referendum on self-rule for eastern Ukraine.

May 12, 2014

Women at a polling station in the final phase of the general election in Varanasi

Narendra Modi Seeks Personal Triumph in Final Round of Election

India's general election reaches a climax on Monday as Narendra Modi seeks a personal mandate in Varanasi, to govern by his modernised brand of Hindu nationalism.

May 12, 2014

Dow Ends at Record high; Apple Drags on S&P 500, Nasdaq

The Dow ended at a record high on Friday, boosted by IBM, while a rebound in high-growth momentum names helped the broader market.

May 10, 2014

file-photo-people-riding-a-motorcycle-in-front-of-the-office-of-ranbaxy-laboratories-at-gurgaon

Ranbaxy Posts Loss after Write-offs on U.S. Import Bans

Drugmaker Ranbaxy Laboratories Ltd (RANB.NS), which has agreed to be acquired by Sun Pharmaceutical Industries Ltd (SUN.NS) for $3.2 billion, posted a loss in the March quarter, hit by write-offs related to regulatory sanctions.

May 10, 2014

more-data-needed-to-be-confident-on-economic-pick-up-raghuram-rajan

RBI Chief Stresses his Independence from Government

The head of the Reserve Bank of India (RBI) said on Friday that he - and not the government - was responsible for setting monetary policy, asserting his independence in taking a hawkish stance on inflation amid an election hinging on how to revive economic growth.

May 10, 2014

Sensex Hits Record High Above 23,000; Surges 650 Points

The BSE Sensex and Nifty hit a record high on Friday, posting their biggest daily gains since September on hopes the opposition Bharatiya Janata Party would win a majority in elections ending next week, sending blue-chips such as ICICI Bank sharply higher.

May 10, 2014