MUMBAI (REUTERS) - India's sovereign rating may come under pressure if general elections due by May next year end up with a hung parliament or with a government unable to push through reforms, Standard & Poor's said on Wednesday.
Private sector economists have become more bullish in their outlook for the Singapore economy this year, predicting more robust growth and milder inflation.
CANBERRA, Australia (AP) - General Motors has announced it will stop making cars and engines in Australia by 2017.
Singapore shares opened lower on Wednesday, with the benchmark Straits Times Index at 3,077.70, down 0.13 per cent, or 4.02 points.
WASHINGTON (AP) - US employers advertised the most job openings in more than five years in October, and the number of people quitting also reached a five-year high. The figures are an encouraging sign for the unemployed.