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  • S.Africa's MTN hit by slide in Iran rial Monday, 8 Oct 2012 | 9:25 AM ET

    *Iran currency down a third in 2 weeks. JOHANNESBURG, Oct 8- The impact of Iran's currency slide has reached beyond its borders, hitting shares of MTN Group, the South African mobile operator that derives nearly a tenth of its revenue from the Middle Eastern country.

  • DUBAI, Oct 8- Iran derided Israel's air defences as feeble on Monday, citing a drone incursion into its arch-foe's airspace, but did not say it had sent the aircraft shot down by the Israelis at the weekend.

  • *World Bank says China economic slowdown could get worse. The World Bank on Monday cut its economic growth forecasts for East Asia and the Pacific region, home to two of the world's largest oil consumers, and said there was a risk the slowdown in China could be deeper and more prolonged than expected.

  • Presidential race rumbles into final 4 weeks Monday, 8 Oct 2012 | 8:33 AM ET

    LOS ANGELES-- Rumbling into its final four weeks, the presidential campaign is playing out on both coasts and multiple fronts, with Republican Mitt Romney seeking stature on foreign affairs and President Barack Obama raising political cash by the millions.

  • Egypt's new president gives himself high grades Monday, 8 Oct 2012 | 8:29 AM ET

    But the speech in many ways was also as much about style as it was about substance, and the 61- year-old Morsi, the first freely elected president in Egypt's history, used his address to project the image of an energetic leader in touch with the needs of the people.

  • Dollar Lifts, Euro Sinks, Iran Cracks Down Monday, 8 Oct 2012 | 7:51 AM ET
    fx_fix_1_200.jpg

    Investors fret over the global economy and Iran gets tough on currency traders — it's time for your FX Fix.

  • NEW YORK, Oct 8- At 68, Barbara Miller Elegbede is living proof that flower children need not grow up. A self-described hippie, she attended a San Francisco college at psychedelia's height and remembers friends constantly crashing on the couch of her apartment, just a block away from Janis Joplin's pad in the hip Castro neighborhood.

  • *World Bank says China economic slowdown could get worse. The World Bank on Monday cut its economic growth forecasts for East Asia and the Pacific region, home to two of the world's largest oil consumers, and said there was a risk the slowdown in China could be deeper and more prolonged than expected.

  • *China's telecom gear makers pose potential risk- panel draft. WASHINGTON/ HONG KONG, Oct 8- China's top telecoms gear makers should be shut out of the U.S. market as potential Chinese state influence on them poses a security threat, the U.S. House of Representatives' Intelligence Committee said in a draft of a report to be released on Monday.

  • Iran, the world's No. 5 oil exporter, has tightened cyber security since its uranium enrichment centrifuges were hit in 2010 by the Stuxnet computer worm, which Tehran believes was planted by Israel or the United States.

  • It intercepted more than 80 percent of the targets it engaged in March when nearly 300 rockets and mortars were fired at southern Israel, the Pentagon said at the time. The drone was first spotted above the Mediterranean near the Hamas- ruled Gaza Strip to the west of Israel, said military spokeswoman Avital Leibovich.

  • ANKARA, Oct 8- The gas flow on a pipeline carrying Iranian natural gas to Turkey was halted due to an explosion in eastern Turkey in the early hours of Monday, Turkish energy officials told Reuters.

  • *World Bank says China economic slowdown could get worse. LONDON, Oct 8- Brent crude oil fell below $111 per barrel on Monday on concerns slower economic growth would curb oil demand, but supply worries stemming from tension in the Middle East helped check losses.

  • ANKARA, Oct 8- The gas flow on a pipeline carrying Iranian natural gas to Turkey was halted due to an explosion in eastern Turkey in the early hours of Monday, Turkish energy officials said. The blast occurred in the area of Dogubayazit, a town in Agri province in eastern Turkey, the officials said, on condition of anonymity.

  • *World Bank says China economic slowdown could get worse. SINGAPORE, Oct 8- Brent crude slipped below $111 per barrel on Monday, dropping for a second straight session on concern that a fragile global economy could curb oil demand, but supply worries stemming from tension in the Middle East may help check losses.

  • *World Bank says China economic slowdown could get worse. *Turkey retaliates against Syria bombing for 5th day By Florence Tan.

  • BANGALORE, Oct 8- Shopping in a U.S. department store? It's called Big Data, and although much of the work is done in the United States, India is getting an increasing slice of the action, re-energising an IT sector whose growth has begun to falter. "There are hundreds of boutiques in India right now.

  • *World Bank says China economic slowdown could get worse. *Turkey retaliates against Syria bombing for 5th day By Florence Tan.

  • Iran May Be Forced Back to the Bargaining Table: Pro Sunday, 7 Oct 2012 | 10:40 PM ET
    Iran May Be Forced Back to the Bargaining Table: Pro

    Tom Averill, Managing Director at Rochford Capital, says Iran's measures to impose a peg against the U.S. dollar will not stop the currency's decline. He also shares his outlook on the Aussie dollar and euro.

  • US panel: China tech giants pose security threat Sunday, 7 Oct 2012 | 7:52 PM ET

    WASHINGTON-- American companies should avoid doing business with China's two leading technology firms because they pose a national security threat to the United States, the House Intelligence Committee is warning in a report to be issued Monday.