Nasdaq Faces Service Disruption Due to Human Error
Trading in derivative contracts linked to benchmark Nasdaq 100 index delayed for about 45 minutes.
UK Mortgage Approvals Hit Highest Level Since 2008
Upward trend of mortgage approvals continues as lenders grant 66,735 loans.
Japan Unemployment Falls and Retail Sales Surge Supporting 'Abenomics'
Japanese retail sales rose 3.1% from a year earlier in September, while jobless rate fell to 4.0% in September from 4.1% in August.
IMF: Japan's Abenomics Helped Counteract US Fed Tapering Concerns
Shinzo Abe's strategy led to significant capital inflows into Japanese bonds and equity markets, offsetting capital outflows
Edward Snowden NSA Scandal: China Calls on International Community to Form Cyberspace Code of Conduct
Foreign ministry spokeswoman Hua Chunying said US spying violates other countries' sovereignty.
South Korea's LNG Import Costs Could Soar on Nuclear Power Reduction
More LNG imports are expected to cost economy additional $20bn per year by 2035, according to Reuters.
India Invites Foreign Banks to Expand Rural Services
India is likely to ease branch number restrictions on foreign banks if they incorporate in country and increase rural lending.
Mizuho Bank to Avoid Serious Penalty Over Yakuza Financial Loans
Independent panel clears bank of intentional lending to mobsters
UK House Price Growth Continues Amid Widening Supply-Demand Gap
Average home asking price rose 0.5% in October from previous month, according to Hometrack.
Edward Snowden NSA Scandal: Germany and Brazil to Take Spying Case to UN
Countries to table resolution at UN General Assembly to end US surveillance programmes.
JPMorgan Inks $5.1bn Settlement with US Housing Regulator Over Mortgage Loan Mis-Selling
Deal is part of $13bn agreement reached with US Justice Department.
Edward Snowden NSA Scandal: Germany Plans Domestic Internet to Stop Snooping
Deutsche Telekom is proposing new internet to keep German web traffic within it
Japan's Mizuho Sanctions Executives Over Yakuza Loan Scandal
CEO Yasuhiro Sato will have his salary cut for six months, but is likely to survive scandal, according to media reports.
Boeing Secures $20.7bn Commitments from China After Japan Contract Losses
Multiple Chinese customers committed to buy around 200 737 Max aircraft from Boeing, according to Reuters.
Twitter Hires NBC's Vivian Schiller as Representative to News Industry
Twitter priced its IPO between $17 and $20 per share.
Eurozone Business Activity Eases Indicating Fragile Economic Recovery
Markit flash Eurozone composite output index declined to 51.5 in October from 52.2 in September.
India Shares Surge as US Fed Tapering Fears Ease
India's benchmark indices posted record high on 24 October on corporate profits and foreign inflows.
Wal-Mart to Expand China Operations After Suffering Setback in India
US retailer that ended retail joint venture in India with Bharti Enterprises will open up to 110 facilities in China.
Pinterest Plans International Expansion as Valuation Boosted to $3.8bn
Scrapbooking website gets $225m in latest round of fund raising led by Fidelity.
China Banks Increase Bad Loan Write Offs to Improve Default Ratios
Five largest banks in China have written off 22.1bn yuan in first half, up from 7.65bn yuan last year, according to Bloomberg.
Officials Apply Al Capone Model to Crack Down on Yakuza Mobsters
US Treasury Department so far has frozen about $55,000 of yakuza holdings including two Japan-issued American Express cards, according to Bloomberg.
Bill Gates Bets on Spanish Economy with €113.5m Investment in FCC
World's richest man Bill Gates acquired a 5.7% shareholding in Spain's Fomento de Construcciones y Contratas.
Australia Raises Debt-Ceiling to A$500bn to Avoid US-Like Crisis
Australia is forecast to reach its current A$300bn ceiling in December.
China Inks $85bn Oil Supply Contract with Russia to Meet Rising Energy Demand
Russian Prime Minister Dmitry Medvedev said his country will supply additional 10 million tonnes of crude oil per year to China through Rosneft.
US Navy Bribery Scandal: Singapore Defence Firm's $205m Contracts Terminated
Glenn Defense Marine Asia was barred from taking government contracts after its CEO Leonard Glenn Francis was arrested along with top government officials.
Former Jefferies Trader Jesse Litvak Loses in Plea to Drop US Tarp Charges
US District judge ruled former Jefferies trader must face criminal charges for defrauding government by falsifying prices of mortgage securities.
BHP Billiton Exits Nearly all Indian Projects as Foreign Firms Continue India Exodus Over Red Tape
BHP would withdraw from nine oil and gas projects in India and would keep just one deepwater field in Mumbai.
London House Prices 'Frenzy' Propels UK Property Market Back to Growth
Average asking price rises 2.8% but London prices soar 10.2%.
Airbus Aims to Double Japan Market Share by 2020 in Further Challenge to Boeing
Airbus CEO Fabrice Bregier aims at 50% market share in Japan in the next 20-25 years.
State Council: China on Track to Meet Growth Target Despite Challenges
Administration had taken steps to liberalise interest rates and encourage trade and investment.
