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Brexit seen threatening UK links in EU supply chain
Mandy Ridyard knew Brexit was going to be a challenge for her aviation components firm, but it was still a shock when she heard a French company bluntly ruling out British suppliers from an international bid for a contract in China.
13 May 2018, 18:00 PM
Airbus, Boeing fly into lucrative services market
Airbus and Boeing may have built their global success on the back of the transcontinental airliners but they are now eyeing a lucrative if rather less glamorous side of the aviation sector in their battle to dominate the skies -- parts and repairs.
13 May 2018, 18:00 PM
ZTE woes loom as US-China trade tensions rise
With a major Chinese smartphone maker on the rocks following US sanctions, the trade spat between Washington and Beijing appears to be taking a turn for the worse for tech firms in the two global economic powerhouses.
13 May 2018, 18:00 PM
Difficult to shield German firms after US withdrawal from Iran deal: minister
Germany wants to help its companies continue doing business in Iran after the US decision to reimpose sanctions against Tehran, but it could be difficult to shield them from any fallout, Foreign Minister Heiko Maas said on Sunday.
13 May 2018, 18:00 PM
ZTE teeters as US ban hits operations
Chinese telecom giant ZTE faces a grim future after ceasing major operations due to a US ban on American sales of critical technology to the company, raising the stakes in a trade spat between the world's two largest economies.
10 May 2018, 18:00 PM
S Korea puts pressure on Samsung over complex ownership structure
South Korean regulators turned up the heat on Samsung Group over its complex ownership structure, with the country's antitrust chief saying on Thursday the arrangement for control at the nation's top conglomerate was “not sustainable”.
10 May 2018, 18:00 PM
Sri Lanka sharply raises fuel prices
Sri Lanka hiked fuel prices Thursday by up to 130 percent following pressure from the International Monetary Fund and its central bank to reduce the burden of heavy subsidies on its struggling economy.
10 May 2018, 18:00 PM
Asia coal industry sees blue skies, ignores storm clouds
Asia's coal miners, shippers and traders are seeing strong demand and rising prices for their fuel, and they expect this happy situation to persist for several years to come.
10 May 2018, 18:00 PM
Apple scraps $1b Irish data centre over planning delays
Apple ditched plans to build an 850 million euro ($1 billion) data centre in Ireland because of delays in the approval process that have stalled the project for more than three years, the iPhone maker said on Thursday.
10 May 2018, 18:00 PM
Oil edges up
Oil prices edged higher on Thursday despite swelling US crude inventories and record weekly US production, as focus shifted back to Opec supply cuts and the potential of new US sanctions against Iran.
3 May 2018, 18:00 PM
Slowing growth is another headwind for Asian currencies
The spectre of slower global economic growth presents another threat for Asian currencies, many of which are already under pressure from rising US yields and capital outflows.
3 May 2018, 18:00 PM
Measuring Macron: Is France's leader rebooting the economy?
French President Emmanuel Macron swept into office last May on a pledge to create jobs and improve the lives of workers by rebooting the country's economy.
3 May 2018, 18:00 PM
Rural purchases to boost Indian gold demand: global council
Indian gold demand may improve through to December as positive monsoon rains and government efforts to raise farmer incomes could boost rural purchases enough to offset higher prices because of the weak rupee, the World Gold Council (WGC) said.
3 May 2018, 18:00 PM
Bangladesh, an example for other Asian countries: ADB chief
ADB President Takehiko Nakao yesterday appreciated the economic growth Bangladesh has achieved in the recent years, saying “the success stories of the country can be a very good example for other Asian countries”.
3 May 2018, 18:00 PM
Euro zone economy to slow next year, downside risks increase: Commission
Euro zone economic growth will slow this year and next from a peak expansion in 2017, the European Commission forecast on Thursday, underlining the need to quickly implement euro zone reforms while the expansion is still strong.
3 May 2018, 18:00 PM
Spain sells 4.5b euros of debt at bond sale
Spain sold 4.5 billion euros ($5.4 billion) of debt on Thursday at a four-bond auction with yields mixed as investors watch monthly euro zone preliminary inflation data while the European Central Bank plans to roll back its stimulus scheme.
3 May 2018, 18:00 PM
Turkish inflation surges in April
Turkey's inflation rate edged up to almost 11 percent in April, official statistics showed Thursday, adding to fears that the economy is overheating less than two months ahead of elections.
3 May 2018, 18:00 PM
Brussels begins big battle on post-Brexit budget
The EU will this week unveil its first formal plans for a larger, one-trillion-euro-plus long-term budget after Britain's departure, which threaten to further deepen divisions in the bloc.
30 April 2018, 18:00 PM
Japan, UAE agree to expand cooperation during Abe's visit
Japan and its top trade partner in the Middle East, the United Arab Emirates, agreed on Monday to expand economic, political and defence cooperation.
30 April 2018, 18:00 PM
US Fed faces new challenge: a world without labour ‘slack’
Business is coming in so fast and workers are in such high demand at AOW Associates Inc, an Albany, New York-based construction firm, that its chief financial officer hired a guy six weeks ago for a job that didn't exist.
30 April 2018, 18:00 PM