India's capital markets regulator SEBI said it had been considering regulation changes to safeguard minority shareholders' interest in a company to use funds generated from an IPO aside from what was originally stated on its objectives.

A number of domestic milk producers were chosen by Chinese authorities as recipients of state subsidies and tax breaks.

US President Barack Obama said he would not raise the country's debt ceiling nor would he negotiate with congressional Republicans to give in their attempt to decrease funding for Obama's healthcare law.

The US and Brazil ties were foiled again after Brazil President Dilma Reousseff retaliated over reports that the US National Security Agency had spied on her top aides along with her private communications.

The US Federal Reserve surprised markets last Wednesday after it announced that it would continue its monthly bond buying at USD85 billion for now.

A waging battle on budget between Democrats and Republics was held last October 1 that was seen to threaten a government shutdown.

The banking system of Germany had increased the need for reforms that are seen to be very difficult to accomplish by any new government.

The US Federal Reserve might be more comfortable in implementing its stimulus reduction as increasing rents and healthcare costs had shown some stability in underlying inflation.

Populist movement Occupy Wall Street had marked its second anniversary through a planned march the United Nations office and a protest near the New York Stock Exchange.

The poverty rate of Americans rose to 46.5 million from last year shown in the stock market, according to a US Census Bureau data.