Prospering from China’s internal push to alleviate domestic companies and make them competitive enough to succeed internationally, Tudou, China’s second largest video websites, is preparing an initial public offering on the Nasdaq exchange within the next six...
While maintaining that India, China and Indonesia will maintain high growth levels next year and will continue to lead the global economy out of its doldrums, the International Monetary Fund has expressed its inclination towards strengthening Asian currencies to...
In a covert move to limit the number of Chinese engineers coming to India to assemble power and infrastructure equipment, India’s Home Ministry has laid a cap of granting employment visa’s only to highly skilled employees with a minimum salary of US$25,000...
Cementing his helicopter ascent to succeed Hu Jintao in 2012, Chinese state media announced the appointment of Xi Jinping, the country’s vice-president to become vice-chairman of the party’s Central Military Commission, where Mr. Hu currently serves as the...
Coal India Ltd. the world’s largest coal miner looks to raise US$3.5 billion as the Indian government disinvests 10 percent of the state company in India’s largest IPO today. Although surpassing billionaire Anil Ambani’s Reliance Power IPO at US$2.46...
The world’s largest diamond exchange opened in Mumbai on Sunday, as India, the largest global cutter and polisher of rough diamonds looks to establish itself as a trading hub, challenging the traditional dominance of Belgium and Israel and the new emerging threat from...
