Tech-savvy farmers a new hope for Japan's shrinking agriculture sector

A new breed of younger, business- and tech-savvy farmers are transforming Japan's shrinking agriculture sector with cutting edge techniques and marketing strategies, giving new hope to an industry in slow decline.
9 August 2017, 18:00 PM

US trade commission probing Qualcomm iPhone complaint

The US International Trade Commission on Tuesday said it will look into Qualcomm's complaint that Apple is violating its patents in some iPhones.
9 August 2017, 18:00 PM

Get ready for first filing deadline, India's GST chief says

Millions of companies in India are still not ready to file their first returns under the new Goods and Services Tax (GST) ahead of an Aug. 20 deadline, a top official told Reuters, urging them not to leave things to the eleventh hour.
9 August 2017, 18:00 PM

Brexit transition period desirable for UK, EU banks

The Bank of England said a transition period after the Britain leaves the European Union would give banks more time to make orderly changes as Brexit poses risks to financial stability.
9 August 2017, 18:00 PM

Swiss franc set for biggest single day rise in 2.5yrs

Switzerland's franc on Wednesday posted its biggest single-day rise against the euro since the central bank removed its cap on the currency in January 2015.
9 August 2017, 18:00 PM

VW offers discounts against dirty old diesels

Carmaker Volkswagen and its subsidiaries said Tuesday they would offer cash incentives to trade in old diesel cars, as Germany struggles to reduce harmful emissions following a cheating scandal.
8 August 2017, 18:00 PM

McDonald's to nearly double outlets in China

Fast food giant McDonald's said Tuesday it would almost double the number of restaurants in China over the next five years as it refocuses on international markets amid slowing US sales.
8 August 2017, 18:00 PM

India rice shipments slow as stronger rupee lifts export prices

India's non-basmati rice exports are likely to slow over the next few months as its shipments of the grain have become too expensive on the world market due to a rally in the rupee and an increase in local paddy prices.
8 August 2017, 18:00 PM

Bharti Airtel subsidiary selling stake in Bharti Infratel for up to $400m

Indian telecoms group Bharti Airtel Ltd has launched a sale of a 3.7 percent stake in tower arm Bharti Infratel Ltd for up to 25.52 billion rupees ($400 million), according to a deal term sheet.
8 August 2017, 18:00 PM

Indonesia's economy grows slower than expected

Indonesia's economy grew a slower-than-expected 5.01 percent in the second quarter as a dip in household consumption and a slowdown in key commodity prices hit the resource-rich country, data released Monday showed.
7 August 2017, 18:00 PM

Tesla seeks to raise $1.5b to fund Model 3 production

Tesla Inc said on Monday it intends to raise about $1.5 billion in a bond offering as the U.S. automaker seeks to ramp up production of its newest electric sedan, the Model 3.
7 August 2017, 18:00 PM

Oil slides from nine-week highs

Oil prices edged lower on Monday, sliding away from nine-week highs, as worries lingered over high production from Opec and the United States.
7 August 2017, 18:00 PM

German industrial output drops unexpectedly

German industrial production declined in June, disappointing analysts' expectations, official data showed on Monday.
7 August 2017, 18:00 PM

Strong euro worries Europe's exporters

Some European exporters are beginning to worry about the strengthening euro which has rebounded from near parity with the dollar after Donald Trump's election, though analysts see little immediate risk to growth.
7 August 2017, 18:00 PM

Cash crisis pushes Libyans to virtual payments

When a cash crisis struck the war-torn North African country of Libya, many people were forced to queue for days to withdraw their savings. But electronic payments systems set up to tackle the dearth of cash have struggled to gain credibility amid accusations of abuse.
7 August 2017, 18:00 PM

China's July forex reserves hit $3.08tr

China's foreign exchange reserves rose more than expected in July to a nine-month high as tighter regulations and a weaker dollar curbed capital outflows.
7 August 2017, 18:00 PM

Saudi billionaire to invest $800m in Egypt tourism

Saudi Arabian billionaire Prince Alwaleed bin Talal is to invest more than $800 million in hotels in Egypt, the investment ministry in Cairo said on Monday.
7 August 2017, 18:00 PM

Gold prices dip

Gold prices edged lower on Monday, failing to gain support from a weaker dollar as investors digested sharp losses in the previous session and worried about further U.S. rate hikes.
7 August 2017, 18:00 PM

Siemens confident even as big orders fall

German industrial conglomerate Siemens confirmed its full-year forecast Thursday, after a third quarter that saw revenues and profits increase even as large orders fell.
3 August 2017, 18:00 PM

Oil majors gushing in cash despite cheap crude

The prospect of crude remaining near the current $50 level is no longer a doomsday scenario for the world's oil majors whose latest earnings announcements show that cost-cutting lets them turn a profit even at these price levels.
3 August 2017, 18:00 PM