China on track to reach high-income status in one to two years
8 hour(s) ago
Business
Sri Lanka to hike electricity tariff amid energy crisis
10 May 2026, 12:15 PM
Business
DCCI calls for integrated logistics ecosystem to boost exports
9 May 2026, 17:13 PM
Business
China trade beats forecasts in April despite Mideast war
9 May 2026, 12:53 PM
Business
US job growth beats expectations but consumer confidence at all-time low
9 May 2026, 12:51 PM
Business
Global stocks diverge, oil rises as fresh US-Iran clashes hit peace hopes
9 May 2026, 12:47 PM
Business
Trump administration invites Nvidia, Boeing CEOs for China trip: media report
8 May 2026, 09:06 AM
Global Business
EU negotiators yet to ratify US trade deal amid Trump tariff threat
7 May 2026, 11:30 AM
Business
Oil prices rise as investors weigh Middle East peace prospects
7 May 2026, 11:25 AM
Business
ADB forecasts oil prices to be $96 this year
6 May 2026, 17:29 PM
Business
AT&T says timing of Time Warner deal completion now uncertain
The US Department of Justice is pushing AT&T Inc for “structural remedies” in order to satisfy antitrust concerns over its purchase of Time Warner Inc, a source told Reuters on Wednesday.
8 November 2017, 18:00 PM
Nissan slashes annual operating profit forecast
Japanese car giant Nissan on Wednesday downgraded its annual operating profit forecast after a damaging inspection scandal in its domestic market, as its CEO vowed to regain customers' trust.
8 November 2017, 18:00 PM
Saudi central bank says corruption probe not hurting companies, banks
Saudi Arabia's central bank sought to reassure the business community on Tuesday that a sweeping anti-corruption investigation would not hurt the economy, saying companies and banks could operate as normal.
8 November 2017, 18:00 PM
America first? Global trade on the block as Trump heads to Apec
The future of global trade comes under the microscope this week as Donald Trump addresses Asia-Pacific leaders in Vietnam, a visit that will be carefully examined for clues as to how his "America First" mantra will guide US engagement with the world.
8 November 2017, 18:00 PM
A year after cash ban, India's black money market is thriving
When India declared most bank notes unusable a year ago in an effort to flush out tax cheats, one steel manufacturer was so spooked he resolved to do business by the book in future.
8 November 2017, 18:00 PM
Sri Lanka cuts food taxes
Sri Lanka drastically cut import taxes on essential foods Wednesday to curb record high inflation before its annual budget presentation.
8 November 2017, 18:00 PM
Credit Suisse CEO sceptical about Bitcoin bubble
Credit Suisse Chief Executive Tidjane Thiam on Thursday expressed caution about Bitcoin, saying the current interest in the crypto-currency could eventually subside.
2 November 2017, 18:00 PM
Dubai positions self as Africa investment hub
African officials, including four heads of state, convened with international CEOs at a summit Wednesday in Dubai, part of its push to position itself as a link for huge potential investments on the continent.
2 November 2017, 18:00 PM
Pizza Hut sales help Yum Brands beat estimates
Pizza Hut broke a five-quarter streak of declining sales, helping owner Yum Brands Inc report profit and revenue for the third quarter above Wall Street expectations on Thursday.
2 November 2017, 18:00 PM
World food prices fall 1.3pc: FAO
World food prices fell slightly in October from the previous month, as valuations dropped for all food commodities apart from cereals, the United Nations food agency said on Thursday.
2 November 2017, 18:00 PM
Facebook profits leap on booming ad revenue
Facebook on Wednesday reported that profits leapt on booming revenue from online ads in the third quarter, topping investor forecasts and buoying shares already at record highs.
2 November 2017, 18:00 PM
Fujitsu, Lenovo agree to PC merger
Japan's Fujitsu said on Thursday it had agreed to merge its struggling PC business with Lenovo, giving the Chinese computer giant a controlling share of the business.
2 November 2017, 18:00 PM
Alibaba says profit up 132pc in outstanding quarter
Chinese e-commerce giant Alibaba said on Thursday that its net profit soared 132 percent percent in an "outstanding" latest quarter, prompting it to raise its projection for full-year revenue growth.
2 November 2017, 18:00 PM
Cryptocurrencies' total value hits record high
The aggregate value of all cryptocurrencies hit a record high of around $184 billion on Wednesday, according to industry website
1 November 2017, 18:00 PM
TPP talks without US near final stretch ahead of Apec
The 11 remaining nations in the Trans-Pacific Partnership (TPP) without the United States edged towards sealing a comprehensive free
1 November 2017, 18:00 PM
Oil hits highest since mid-2015
Oil rose to its highest since mid-2015 on Wednesday as data showed Opec has significantly improved compliance with its pledged supply cuts and Russia is also widely expected to keep to the deal.
1 November 2017, 18:00 PM
Banks prepare to defend against N Korean cyber threat: experts
Global banks are preparing to defend themselves against North Korea potentially intensifying a years-long hacking spree by seeking to cripple financial networks as Pyongyang weighs the threat of US military action over its nuclear program, cyber security experts said.
1 November 2017, 18:00 PM
Rising expenses take shine off StanChart profit rise
Higher expenses and flat revenues overshadowed better than expected quarterly profit for Standard Chartered on Wednesday, sending shares in the Asia-focused bank more than 5 percent lower.
1 November 2017, 18:00 PM
IMF tells Gulf states to speed up switch from oil
The IMF on Tuesday advised energy-rich Gulf economies to speed up their diversification away from oil after projecting the worst growth for the region since the global financial crisis.
1 November 2017, 18:00 PM
India bank recap bonds unlikely to reflect in fiscal deficit
The Indian government's 2.11 trillion-rupee ($32.53 billion) plan to infuse capital into its banks, bulk of which will be funded via
26 October 2017, 18:00 PM