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China plays down concerns over yuan depreciation, dip in forex China plays down concerns over yuan depreciation, dip in forex

The unpredictability in the foreign exchange market is due to uncertainties at home and abroad, Central Bank Governor Zhou Xiaochuan said, adding that fluctuations will be normal.

ECB stands firm on stimulus, but says urgency eases

The European Central Bank pledged on Thursday to keep its aggressive stimulus policy at least until the end of the year, but markets leapt higher as it signalled there was less of a need to prop up growth and inflation in the euro zone.

US wants PhDs and not mid-level workers under H-1B: Senator US wants PhDs and not mid-level workers under H-1B: Senator

H-1B work visa and employment- based green card categories, popular among Indian-Americans, are often not consistent with their purposes as they do not bring in PhDs and computer scientists but only mid-level data management workers, a top Senator has said.

Samsung heir denies charges at court hearing Samsung heir denies charges at court hearing

Lee Jae-Yong, 48, was not present at Seoul Central District court for the hearing, and is being held in custody as his giant company -- the world`s biggest smartphone maker -- struggles to recover from a recall scandal.

Tata Steel UK to close pension scheme, to implement new scheme Tata Steel UK to close pension scheme, to implement new scheme

Tata Steel UK has completed the consultation process to close its existing pension scheme for its workers from March 31, 2017. A new pension scheme will be implemented from April 1, 2017.

China imports surge almost 40% on-year in February China imports surge almost 40% on-year in February

China`s imports surged almost 40 percent last month, data showed Wednesday, fuelled by higher commodity prices and strong domestic demand, bolstering hopes that the world`s number two economy is getting back on track.

Check out list of World's top 10 billionaires 2017 Check out list of World's top 10 billionaires 2017

The Hurun Global Rich List 2017 has ranked 2,257 billionaires from 68 countries and from 1811 companies.

Harvard dropout Zuckerberg to give commencement address Harvard dropout Zuckerberg to give commencement address

Facebook founder and CEO Mark Zuckerberg, one of Harvard University's most famous dropouts, will return to his one-time alma mater this summer to deliver the commencement address at the convocation ceremony.

Spouses of H1B visa holders may not be authorised to work in US Spouses of H1B visa holders may not be authorised to work in US

The Trump Administration has sought 60 days to respond to a court case that challenges the decision of the previous Obama Administration to authorise spouses of H1B spouses to work in the US.

US trade deficit in January largest since 2012 US trade deficit in January largest since 2012

The US trade gap shot up in January to its highest monthly level in almost five years, the Commerce Department reported Tuesday, and analysts say trade is likely to drag down growth.

 IMF says reforms lagging behind timelines in Sri Lanka IMF says reforms lagging behind timelines in Sri Lanka

The IMF on Tuesday said Sri Lanka should take "decisive" actions to maintain reform momentum after it was found that the country's progress on implementing structural benchmarks were "somewhat uneven".

PSA pays GM $2.3 billion for Opel, sets first recovery goals PSA pays GM $2.3 billion for Opel, sets first recovery goals

PSA Group has agreed to buy Opel from General Motors in a deal valuing the business at 2.2 billion euros ($2.3 billion), creating a new regional car giant to challenge market leader Volkswagen.

China signals change of course on its currency policy China signals change of course on its currency policy

China has hinted at changing its long-standing yuan policy to liberalise its currency against the dollar, signalling willingness to alter course on exchange rates amid US President Donald Trump's threats of a trade war.

GM falls out of love with Opel, sells it to Peugeot GM falls out of love with Opel, sells it to Peugeot

PSA Group has agreed to buy Opel from General Motors in a deal valuing the business at 2.2 billion euros ($2.3 billion), creating a new regional car giant to challenge market leader Volkswagen.

US suspends fast-track processing for highly skilled H-1B visa; Indian outsourcers likely to feel the heat US suspends fast-track processing for highly skilled H-1B visa; Indian outsourcers likely to feel the heat

US authorities are temporarily suspending the speedy, premium processing of a visa which is often used by tech firms to recruit foreign skilled workers.

US will need more H-1B if businesses, manufacturing return: S Jaishankar US will need more H-1B if businesses, manufacturing return: S Jaishankar

US will need more H-1B visa-holding skilled professionals if more businesses and manufacturing come back to the US under President Donald Trump`s plans, according to Indian Foreign Secretary S. Jaishankar.

H-1B visa issue not a priority for Trump, but to be part of larger immigration reforms package: US to India​ H-1B visa issue not a priority for Trump, but to be part of larger immigration reforms package: US to India​

The US has assured India that the H-1B visas issue was not a priority for it and would be part of the larger immigration reforms package that the new Trump administration is working on.

US to temporarily suspend premium processing of H-1B visas US to temporarily suspend premium processing of H-1B visas

The US on Friday said it is temporarily suspending the 'premium processing' of H-1B visas from April 3, eliminating the option of shorter wait times for the programme that helps highly skilled foreigners work at American firms.

Indian-American gets 9-year jail for multi-million fraud Indian-American gets 9-year jail for multi-million fraud

An Indian-American man has been sentenced to nine years in federal prison for a multi-million dollar fraud scheme.

Tata-DoCoMo truce may leave Japanese firm with $790 million to invest in India Tata-DoCoMo truce may leave Japanese firm with $790 million to invest in India

Tata Sons will split a dispute settlement payment of $1.18 billion owed to NTT DoCoMo over the Japanese firm`s exit from a telecoms joint venture, leaving it with about two-thirds of the amount to invest in India, a source said.