Google seals deal with Indonesia on tax

Indonesia has reached an agreement with Google over payment of taxes, the country's finance minister said Tuesday, after a long-running dispute with the US tech giant.
14 June 2017, 18:00 PM

70pc of Chinese companies fail air pollution checks

More than 70 percent of companies checked by Chinese authorities failed environmental standards during the latest round of air pollution inspections, state media reported on Sunday.
12 June 2017, 18:00 PM

Fujifilm books bigger-than-expected loss on accounting irregularities

Fujifilm on Monday announced it would take a bigger-than-expected loss from "accounting irregularities" at two subsidiaries, but described them as having only a minor impact on its finances.
12 June 2017, 18:00 PM

India close to listing loans to resolve via bankruptcy rules

The Reserve Bank of India (RBI) is at an advanced stage of preparing a list of bad loans where resolution is required under the country's insolvency and bankruptcy rules, Finance Minister Arun Jaitley said on Monday.
12 June 2017, 18:00 PM

China, Singapore seek to expedite RCEP trade talks

China and Singapore will do their best to expedite talks on the Regional Comprehensive Economic Partnership (RCEP), Singapore's foreign minister said, calling the potential pact a statement on the importance of free trade.
12 June 2017, 18:00 PM

Merkel's G20-Africa meet aims to reduce poverty, migrant influx

German Chancellor Angela Merkel hosts African leaders Monday for a G20 conference aimed at fighting the grinding poverty driving the mass migrant influx to Europe.
12 June 2017, 18:00 PM

Foxconn says Apple, Dell part of its bid for Toshiba chip business

Apple Inc, computing giant Dell Inc and Kingston Technology Co are members of a Foxconn-led consortium bidding for Toshiba Corp's chip unit, the CEO of the world's largest electronics manufacturer told Reuters on Monday.
12 June 2017, 18:00 PM

Qatar crisis to speed the rise of Asia's spot LNG trade

Qatar's isolation by other Arab nations has dealt a strong hand to Japanese utilities in talks reviewing long-term gas contracts with the top LNG exporter, likely accelerating a shift to a more openly traded global market for the fuel.
12 June 2017, 18:00 PM

Saudi to limit July oil volumes to Asia, slash US supply

Saudi Arabia, the world's top oil exporter, will limit volumes of crude to some Asian buyers in July and deepen cuts in allocations to the United States, industry sources with knowledge of the matter said on Monday.
12 June 2017, 18:00 PM

Greek debt deal not far: French finance minister

A deal on debt relief for Greece is "not far," France's new finance minister Bruno Le Maire said Monday ahead of crunch eurozone talks on the issue on Thursday.
12 June 2017, 18:00 PM

Qatar Central Bank says operating normally despite crisis

Qatar's Central Bank said on Monday banking transactions at home and abroad were continuing normally despite the diplomatic crisis which has seen several Gulf countries sever ties with the emirate.
12 June 2017, 18:00 PM

Gulf crisis threatens Qatar Airways transit business: experts

Qatar Airways has made Doha a global hub in just a few years, but barring it from Gulf states' airspace threatens its position as a major transcontinental carrier, experts say.
12 June 2017, 18:00 PM

China tightens grip on yuan to head off economic risks

In rapid fire moves that have stunned investors, Chinese authorities have begun tightening control over the yuan, lifting it sharply in a concerted effort to restore market confidence and forestall risks of capital outflows and slower growth, policy insiders say.
10 June 2017, 18:00 PM

Toshiba to pay $3.7b to keep building US reactors

Toshiba Corp will contribute $3.68 billion to continue building two nuclear reactors in the US state of Georgia, enabling the completion of a plant project begun by the Japanese conglomerate's now-bankrupt nuclear unit.
10 June 2017, 18:00 PM

Hong Kong wealth gap hits 46-year high

Hong Kong's wealth gap was on Friday revealed to be at its highest in nearly 50 years, with living conditions fuelling discontent in the city as it prepares to mark two decades under Chinese rule.
10 June 2017, 18:00 PM

Indian regulator says Reliance Jio telecom offers not anti-competitive

India's anti-trust regulator said on Friday offers for free voice and data from Reliance Jio Infocomm, a unit of Reliance Industries, did not amount to anti-competitive actions, rejecting a complaint by rival Bharti Airtel.
10 June 2017, 18:00 PM

Mexico to Merkel: we want significant increase in trade

Mexican President Enrique Pena Nieto told German Chancellor Angela Merkel Friday he wants a significant increase in trade with the European Union, vowing to complete a new trade deal by year's end.
10 June 2017, 18:00 PM

Growing supply glut threatens worse to come for restive Indian farmers

Bountiful monsoon rains are unlikely to lift India's rural economy this year, and may instead compound the woes of millions of debt-ridden farmers who are struggling with low prices amid a glut of produce such as lentils, oilseeds and cereals.
10 June 2017, 18:00 PM

Costs of bank cyber thefts hit SWIFT profit last year

Dealing with cyber hacks on banks ate into profit last year at the SWIFT messaging system, which financial institutions use to move trillions of dollars each day.
10 June 2017, 18:00 PM

Apple's Cook tells MIT graduates – temper technology with humanity

APPLE CEO Tim Cook on Friday warned graduates at MIT, a pioneer in fields like computers and robots, about technology's dehumanizing aspects and urged them to infuse its development with their own values.
10 June 2017, 18:00 PM