Virus could black out nearly 250,000 PCs on Monday
BOSTON - About a quarter-million computer users around the world are at risk of losing Internet access on Monday because of malicious software at the heart of a hacking scam that U.S. authorities shut down last November.
China slowdown weighs on emerging market funds
REUTERS - As China slips, the second-half performance for many emerging market mutual funds might soon follow.
Annan arrives in Damascus, Syria tests missiles
Kofi Annan arrives in Syria for talks with President Bashar al-Assad a day after the international peace envoy admitted that his peace plan had so far failed to end 16 months of bloodshed. Full Article
Greece to carry out reforms, privatisations
Greece's new finance minister pledged to carry out reforms and privatisations demanded under its latest financial rescue in an attempt to regain credibility. Full Article
India Weekahead: Time to book partial profits
The markets will be in a consolidation mode awaiting news on monsoon and policy measures. The strategy at this point will be to book partial profits and await concrete action before reinvesting, says analyst Ambareesh Baliga. Full Article
Microsoft loss reflects Web ad world's woes
Microsoft shelled out a record $6.3 billion for aQuantive in 2007 at the height of a race with Google and Yahoo to clinch the top spot in Internet display advertising, betting on what many thought was a red-hot business. Full Article
Latest Headlines
WIMBLEDON 2012
Federer wins seventh Wimbledon title
Roger Federer beats Andy Murray 4-6 7-5 6-3 6-4 to win a record-equalling seventh Wimbledon title and 17th grand slam crown. Full Article
Pakistan: The politicisation of death
So many deaths in Pakistan; so many to outrage or upset us. How do we choose whose death to notice? The civilian killed by a drone strike? The Shia Hazara gunned down in Balochistan? The Ahmadi father knifed to death in his home? The beheaded Pakistani soldier? The mother who died in a suicide bombing? The murdered journalist? The child swept away by floods? The acid attack victim? Full Article
Great potential in India long-term growth story
Reforms seem to be the flavour of the season after we relished and put aside the corruption issue. “What do you mean by reforms, getting more money into stock markets? Where would you place ‘financial inclusion’ for example, in your reforms priority?” said someone closer to real issues when questioned if India will now see faster reforms. Full Article
BREAKINGVIEWS
Manmohan Singh can start by tackling silly laws
Manmohan Singh, prime minister and finance minister, is talking a good game. He wants to woo back disaffected investors. Symbolic wins removing tax uncertainty and encouraging foreign investment will help, but his real test will be to hack away India's rampant red tape. Full Article
Expert Zone
Bashing China won’t fix U.S. economy
Both ends of the political spectrum seem to be competing to be tougher on China economic issues. They’re both wrong. Chinese policy does warp the global economy in a number of ways, but 99 percent of United States of America's current problems are of its own making. Bashing China feels good but accomplishes nothing. Full Article
Fukushima disaster report: relevance of cultural traits
The first report of the three major investigations commissioned by the Japanese government into the Fukushima nuclear disaster of March 2011 was released in Tokyo on Thursday. The findings of the investigation concluded that Fukushima was a ‘man-made’ disaster and occurred due to “a multitude of errors and wilful negligence”. Full Article
Jolie visits Sarajevo Film Festival
Angelina Jolie, whose directorial debut tackled the 1992-95 Bosnian war, attended the 18th Sarajevo Film Festival and became an honorary citizen of the Bosnian capital in recognition of her film. Full Article
SOCIAL MEDIA
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