India 's Prime Minister Manmohan Singh, who recently took over the charge of the Finance Ministry, has set up an expert committee to review and finalize the controversial General Anti-Avoidance Rules (GAAR), which the foreign investors say are not investor-friendly.
South Korea 's announcement of the unexpected interest rate cut this week has given an indication to market players that policymakers are unnerved by the country's economic condition. South Korea 's central bank cut the interest rate Thursday for the first time in over three years in a move to stimulate the faltering economic growth of the country. The Bank of Korea (BoK) said that it had decided to cut the interest rate by 25 basis points to 3 percent
A declining currency value could be a boon for Europe and a solution to the ongoing crisis, economists say.
The IOU that's being laid on the doorsteps of U.S. taxpayers in the form of the national debt is far greater than most Americans realize
The debate over minimum wages -- does raising the minimum wage put more money in workers' pockets or just leave more of them jobless? -- is heating up at the state and federal level.
Indiana Gov. Mitch Daniels said on "Fox News Sunday" that public sector unions should be abolished in the wake of Wisconsin Gov