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Fed stimulus plan spurs risk rally; dollar slips

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The Federal Reserve's aggressive new plan to spark the U.S. economy boosted risk assets on Friday, sending global stocks to a 13-month high and driving the dollar to a more than four-month low against

Al Qaeda in Yemen urges Muslims to kill U.S. diplomats over film

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The Yemen-based branch of al-Qaeda urged Muslims to step up protests and kill more U.S. diplomats in Muslim countries after a U.S.-made film mocking the Prophet Mohammad which it said was another chap

Huge anti-US protests erupt in Egypt, Yemen

Demonstrators attacked American embassies in Yemen and Egypt on Thursday in protest at a film they consider blasphemous to Islam, while US warships headed to Libya after the death of the American ambassador there earlier this week.

Fed launches QE3, bets big to rescue US economy

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The Federal Reserve launched another aggressive stimulus program on Thursday, saying it would pump $40 billion into the US economy each month until it saw a sustained upturn in the weak jobs market.

August inflation jumps to 7.55%

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India's wholesale price index (WPI) rose a higher-than-expected 7.55 per cent in August from a year earlier, mainly driven by higher food prices due to deficient monsoon, government data showed on Fri

Govt likely to announce spending cuts on Saturday

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The government could announce spending cuts for the 2013 fiscal year on Saturday, although the size of the cuts was not immediately clear, two government sources said.

Topless Kate Middleton photos cause new storm for royals

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Prince William and his wife Catherine reacted with fury on Friday after a French magazine printed topless photos of her, saying it evoked painful memories of press harassment of William's mother Diana

Fed seen launching fresh stimulus, details in question

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The US Federal Reserve appears set to launch a third round of unconventional monetary stimulus on Thursday while signaling that a weak U.S. economy may warrant ultra-low interest rates for at least an

Obama vows to 'bring to justice' ambassador's killers

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President Barack Obama vowed on Wednesday to 'bring to justice' the Islamist gunmen responsible for a ferocious assault that killed the U.S. ambassador to Libya and three other Americans - an attack t

Cabinet to consider FDI in aviation on Friday

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The cabinet will consider a proposal on Friday to allow foreign airlines to buy stakes in local carriers, moving forward with a much-delayed reform that could revitalise debt-ridden domestic carriers.

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

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