Gold steady as investors expect ECB action
SINGAPORE - Gold traded flat on Tuesday, retaining gains from the past two sessions as investors waited for action from the European Central Bank in hopes that it would do more to tackle the region's debt crisis.
Nikkei extends rally, sets sights on 75-day average
TOKYO - The Nikkei share average rose on Tuesday, extending the previous session's sharp rally, driven by strength in steelmakers after U.S. peer AK Steel announced price increases in a sign of an improving business.
Uzbekistan's Atoev ends Vijender's Olympic run
Uzbekistan's Abbos Atoev beats Vijender Singh 17-13 in an Olympic men's boxing middleweight (75kg) quarter-final bout. Full Article
Cognizant holds up amid outsourcing gloom
Cognizant stood by its full-year revenue forecast at a time when its Indian peers have been painting a gloomy picture for the rest of the year on slowing outsourcing spending. Full Article | Full Coverage
Gunman was ex-soldier linked to racist group
The man who killed six worshipers at the Sikh temple was identified as a 40-year-old U.S. Army veteran and authorities were investigating possible links to white supremacist groups. Article | Factbox
Syrian prime minister defects, fighting goes on
Syrian forces pressed on with their offensive against rebels in Aleppo after the prime minister fled the country, denouncing the "terrorist regime" of Bashar al-Assad. Article | Newsmaker: Syria PM Hijab
Samsung, Apple spar over gadgets' specs
Apple trotted out a veteran designer to bolster its claims that Samsung copied the iPhone, after the smartphone's 2007 launch triggered a "crisis in design" for the South Korean electronics giant. Full Article
Lady Gaga reveals new album name
Pop star Lady Gaga has revealed her new album title, "ARTPOP" along with a photograph of a matching new tattoo, announcing the highly anticipated follow-up to her 2011 album, "Born This Way." Full Article
Latest Headlines
Economic Pulse
FM vows action on economy
Finance Minister P. Chidambaram sought on Monday to allay investor worries about an economy growing at its weakest pace in almost a decade by pledging to address their concerns over taxes, public finances and interest rates. Full Article
Why Team Anna's political plunge deserves India’s vote
With signs of agitation fatigue among the public and a govt refusing to play ball, the movement led by Gandhian activist Anna Hazare has decided to provide a “political alternative”. The group should not fear the unknown. If they play their cards right, they could change the political fabric of the country. Team Anna has much to lose, but the country has more to gain. Full Article
Strong third Indian party could be game-changer
Anna Hazare appears to be developing his own party. A well structured third party with 20 or so MPs could be kingmakers in the next election and would offer India a more constructive alternative to the regional parties which have paralysed Indian coalitions. The key will be to find credible leadership and a stable source of funding. Full Article
In India, what goes up must keep going up
‘What goes up a lot must keep going up’ was the conclusion from the very first Reuters Indian housing market poll this week. And it sounded very familiar. Past experience shows that respondents to housing market polls - whether they be independent analysts, mortgage brokers, chartered surveyors - tend to cling to an optimistic tone even as trouble clearly brews below the surface. Full Article
A mafia in FATA: Haqqanis and drones
Far from being the wayward tribals popularly conceived of as the targets of drone strikes, or indeed even ideologically driven fighters, “the broad range of business activities in which the Haqqanis engage suggests that the pursuit of wealth and power may be just as important to network leaders as the Islamist and nationalistic ideals for which the Haqqanis claim to fight.” Full Article
Bolt returns, Pearson eyes hurdles gold
Jamaica's Usain Bolt begins a highly anticipated 200m title defence, while women's 100m hurdles champion Sally Pearson is favourite to go one better than her silver in Beijing.
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