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  • IMF offers bleak assessment of stalled recovery Monday, 8 Oct 2012 | 8:19 PM ET

    TOKYO-- Plagued by uncertainty and fresh setbacks, the world economy has weakened further and will grow more slowly over the next year, the International Monetary Fund says in its latest forecast. Conditions could worsen if the United States doesn't deal with its budget crisis soon, the IMF said.

  • India WIll Deliver on Reforms     Monday, 8 Oct 2012 | 8:10 PM ET

    Steve Brice, Chief Investment Strategist, Standard Chartered Wealth Management Group says that India is likely to deliver on its reform agenda but the time horizon for the changes remains uncertain.

  • Malaysia-Market factors to watch on Oct 9 Monday, 8 Oct 2012 | 8:03 PM ET

    Following is a list of events in Malaysia as well as news company-related and market news which could have an influence on the local market.

  • rose 38 cents to $89.71 a barrel in early Asia trading, after dropping 55 cents the previous session. *Turkish President Abdullah Gul said on Monday the "worst-case scenarios" were now playing out in Syria and Turkey would do everything necessary to protect itself, as its army fired back for a sixth day after a shell from Syria flew over the border.

  • Australia shares edge up 0.1 pct, miners firm Monday, 8 Oct 2012 | 7:19 PM ET

    MELBOURNE, Oct 9- Australian shares eked out a 0.1 percent gain early on Tuesday, with support from higher iron ore prices countered by concerns about the global growth outlook after the IMF cut its economic forecasts for the second time since April.

  • CANBERRA, Oct 9- Australian shares are likely to lack strong direction early on Tuesday, with support from higher iron ore prices and an improvement in China's services sector countered by losses in copper prices and concerns about the global growth outlook.

  • Oct 9- China's economic growth is expected to weaken to 7.8 percent this year, the International Monetary Fund said on Tuesday as it warned of risks to emerging Asia if the euro zone crisis worsens and the United States does not avoid its "fiscal cliff".

  • Oct 8- Chemicals maker TPC Group Inc on Monday said it received a buyout proposal from Innospec Inc. Private equity firms First Reserve Corp and SK Capital Partners in August had offered $627.2 million to acquire TPC. Innospec, a specialty chemical maker, could offer $44 to $46 per share in cash, TPC said in a statement on Monday.

  • What the Indian Power Blackout Revealed Monday, 8 Oct 2012 | 4:04 PM ET
    An Indian man looks at towers carrying electricity power cables in Mumbai.

    The blackout that swept the country at the end of July — and the underlying infrastructure problems it exposed — are glaring threats to the country's economic expansion.

  • India Declares, 'We're Back in Business' Monday, 8 Oct 2012 | 4:03 PM ET

    The government's policy changes, announced in September, were a pleasant surprise for investors who until a few months back nurtured little hope for India's economy.

  • Investing in India? Here's How Monday, 8 Oct 2012 | 4:02 PM ET
    Bombay Stock Exchange, Mumbai

    India can be a daunting place to invest, considering its tumultuous politics and wavering economy. But recent government reforms are giving investors hope the economy will grow.

  • Indians are taking control of their health in response to the country’s surging rates of cardiovascular disease and diabetes, among the highest in the world, and the invasion of fast food chains.

  • How a Little Indian Bean Impacts US Fracking Monday, 8 Oct 2012 | 4:02 PM ET
    Indian farmers throw fertiliser in a paddy field in Dharmuchak village.

    Guar has the world’s largest oil and gas producers fretting over profit margins. Why? In gum form, guar is the thickening agent used to push fluids sideways in the fracking process.

  • TEXT-S&P affirms Marathon Petroleum, Corp ratings Monday, 8 Oct 2012 | 3:36 PM ET

    --Marathon Petroleum Corp. announced that it will acquire BP PLC's Texas City refinery and related assets for $598 million, plus an additional $1.2 billion for inventories. Rating Action On Oct. 8, 2012, Standard& Poor's Ratings Services affirmed its' BBB' and' A-2 ratings' on U.S.-based Marathon Petroleum Corp. The outlook is stable.

  • A fruit grower carries a bucket of freshly harvested strawberries on a farm in Gouso.

    India, a major player in global agriculture, has struggled to attract foreign investment. But that may change.

  • A fruit grower carries a bucket of freshly harvested strawberries on a farm in Gouso.

    India, a major player in global agriculture, has struggled to attract foreign investment. But that may change.

  • U.S. stocks declined after the World Bank cut growth forecasts for East Asia, highlighting concerns about the global economic climate and corporate profits on the cusp of the quarterly earnings season.

  • Oct 8- Media General Inc exited its nearly two-centuries-old newspaper business by selling the Tampa Tribune, and raised its revenue forecast for political advertising on its TV stations due to stronger-than-anticipated demand in key election battlegrounds.

  • WAfrica Crude-Diffs pressured as buying slack Monday, 8 Oct 2012 | 11:19 AM ET

    LONDON, Oct 8- West African crude oil differentials slipped on Monday as a glut of unsold cargoes for loading in November showed that a range of grades were out of favour. Demand from China was reported to be lower, in part due to refinery outages and the closure of three Sinopec plants due to environmental problems.

  • Oct 8- Gannett Co Inc said it reached a deal with Charles Ergen's Dish Network Corp on Monday avoiding a blackout that would have prevented some Dish customers in the United States from seeing content broadcast by networks ABC, NBC and CBS.