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World Bank to phase out lending to China by 2031
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'One-time opportunity': South Korea bets big on AI boom
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Oil climbs following renewed US, Iran strikes in Middle East
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Kazi Farms ships 10,440 hatching eggs to Nigeria
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US sees strong durable goods sales in August
US manufacturers booked strong sales of big-ticket durable goods in August, with orders for aircraft, computers, autos and communications equipment all rising, according to government data released Wednesday.
27 September 2017, 18:00 PM
Uber appeals UK court case on drivers' rights
Uber appealed before a British employment tribunal on Wednesday against a ruling that would give its drivers official worker status, as the company also battles against a threatened ban in London.
27 September 2017, 18:00 PM
Eurozone bank lending rises
Lending by eurozone bank to households and companies grew faster in August than the previous month, figures from the European Central Bank showed Wednesday.
27 September 2017, 18:00 PM
Bangladesh moves up seven notches
Bangladesh has been ranked the 99th most competitive economy in the world, up seven notches from last year's ranking, on the World Economic Forum's Global Competitiveness Report 2017-18.
27 September 2017, 18:00 PM
Apple concedes new watch has connectivity glitch
Apple Inc on Wednesday conceded its latest smartwatch unveiled a week ago has problems with its most important feature: the ability to make phone calls and access data without an iPhone nearby.
21 September 2017, 18:00 PM
S&P downgrades China's rating
S&P Global Ratings downgraded China's long-term sovereign credit rating on Thursday, less than a month ahead of one of the country's most sensitive political gatherings, citing increasing risks from its rapid build-up of debt.
21 September 2017, 18:00 PM
Asian central banks hold their own after Fed signals stimulus rollback
As the Federal Reserve signals an end to its decade of unconventional monetary stimulus, divergence between the policies of the US and Asian central banks is growing, a stark contrast to an era when regional rate moves closely tracked the United States.
21 September 2017, 18:00 PM
Global trade rebounding: WTO
Global trade is rebounding strongly but risks remain, the World Trade Organization said on Thursday, with commerce expected to grow by 3.6 percent in 2017, well above last year's 1.3 percent.
21 September 2017, 18:00 PM
EU, Canada launch free trade agreement while Britain eyes own deal
The European Union and Canada will begin cutting import duties from Thursday on thousands of products and services in a reminder to Britain of the work it will take to replace the trade alliances it will give up when it leaves the EU.
20 September 2017, 18:00 PM
China rises at Frankfurt automobile show
Traditional heavyweights Fiat, Peugeot and Volvo may have shunned this year's Frankfurt auto show (IAA), but for Chinese and Taiwanese carmakers looking to make inroads in Europe the chance to step into the limelight was not to be missed.
20 September 2017, 18:00 PM
ThyssenKrupp-Tata steel merger sets scene for jobs battle
German heavy industry giant ThyssenKrupp and Indian group Tata agreed Wednesday to merge their steel operations in Europe, sending governments and unions scrambling to ward off job cuts.
20 September 2017, 18:00 PM
EU seeks post-Brexit powers over foreign finance firms
The EU on Wednesday unveiled plans for sweeping new powers over foreign financial firms in Europe that would give the bloc strict oversight over the London financial hub after Brexit.
20 September 2017, 18:00 PM
Indian brick workers treated 'worse than slaves': NGO
Millions of Indian brick workers are trapped in bonded labour and regularly cheated out of their wages, an anti-slavery group said Wednesday as it demanded government action.
20 September 2017, 18:00 PM
OECD warns global recovery not yet secure
The rebound in global growth is not yet secure, the OECD warned Wednesday, with weak investment by businesses and slow growth in trade and wages raising doubts whether the current momentum will be sustained.
20 September 2017, 18:00 PM
Beijing, Shanghai to close bitcoin exchanges
Banking regulators in Beijing and Shanghai have ordered local cryptocurrency exchanges to shut down, state media reported Tuesday, in the latest blow to the once flourishing Chinese market for virtual money.
20 September 2017, 18:00 PM
Toshiba selects Bain group as buyer of its prized chip business
Japan's embattled Toshiba Corp has chosen a group led by US private equity firm Bain Capital to buy its prized memory chip unit, three people with knowledge of the talks said on Wednesday, a last-minute dramatic twist to a highly contentious auction.
20 September 2017, 18:00 PM
Airbus opens first plane-completion centre in China
Airbus on Wednesday inaugurated its first completion centre for large aircraft in China, a new asset for the European manufacturer in heated competition with American rival Boeing.
20 September 2017, 18:00 PM
Reliance plans major expansion at world's largest oil refinery complex
The Reliance Industries, operator of the world's largest refining complex, is considering expanding its oil processing capacity by over 40 percent by 2030, according to two sources familiar with the matter.
20 September 2017, 18:00 PM
Japan exports surge at fastest in nearly 4yrs
Booming shipments of cars and electronics in August drove up Japan's exports at the fastest pace in nearly four years, further evidence that overseas demand is strong enough to support healthy economic growth.
20 September 2017, 18:00 PM
CEOs in US optimistic on economy, tax reform: survey
Large US companies remain upbeat on hiring and capital spending, due in part to continued confidence that Washington will enact tax reform, the Business Roundtable said Tuesday.
20 September 2017, 18:00 PM