As tensions might drag over the next decade, investors have to learn to operate under prolonged uncertainty, said Warburg Pincus' Charles Kaye.World Economyread more
Billionaire investor Howard Marks, the co-chairman of Oaktree Capital, predicts there won't be a recession in the U.S. for another two years.US Economyread more
Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
One person was killed and five others wounded on Thursday in a shooting on the streets of Washington, D.C., not far from the White House, police said.U.S. Newsread more
Stores are extending hours and cities are spending on light shows as China tries to encourage consumers to spend more money at night.China Economyread more
New research suggests fewer girls pursue careers in STEM — science, technology, engineering and math — because they're better than boys at reading.Closing The Gapread more
Stocks in Asia Pacific edged up in Friday afternoon trade as a series of developments overnight on the U.S.-China trade front dampened hopes of a deal being reached between...Asia Marketsread more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
Trump has criticized Facebook numerous times since becoming president, most recently posting on Twitter that the company's proposed digital currency, libra, will "have little...Technologyread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
Pakistani Prime Minister Nawaz Sharif accused nuclear-armed rival India on Wednesday of putting unacceptable conditions on dialogue with Pakistan and said the world would ignore the dangers of rising tensions in South Asia at its own peril.
Speaking to the annual United Nations General Assembly, Sharif said Pakistan could not ignore India's "unprecedented" arms build-up and would "take whatever measures are necessary to maintain credible deterrence."
India has accused Pakistan of being behind a deadly attack on an army base in the disputed Kashmir region on Sunday in which 18 soldiers were killed and said it had the right to respond when and where it chose.
Pakistan has rejected the allegation and accused India of apportioning blame before the incident had been properly investigated.
Sharif said Pakistan wanted peace with India and had repeatedly offered dialogue.
"But India has posed unacceptable preconditions to engage in dialogue," he said. "Talks are in the interests of both countries. They are essential to resolve our differences, especially the Jammu and Kashmir dispute, and to avert the danger of any escalation."
India has said it would only discuss terrorism-related issues, whereas Pakistan wants a wider agenda that would, among other things, discuss the Kashmir question.
Kashmir, divided between India and Pakistan since 1947, is at the heart the neighbors' seven decades of mutual distrust. Two of their three wars since independence from Britain have been fought over the region. India's portion of Kashmir has been under a major security lockdown during more than two months of protests sparked by the July 8 killing of a popular young commander of a Kashmiri militant group.
Sharif repeated a Pakistani call on the United Nations and the international community to investigate atrocities it alleges have been committed by Indian security forces in Kashmir.
"The international community ignores the dangers of rising tensions in South Asia at its own peril," he said.
India has long accused Pakistan of playing a role in the 27-year long insurgency against its rule in Jammu and Kashmir, its only Muslim-majority state. Pakistan denies sending fighters into Indian-administered Kashmir.