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World's first gig economy treaty adopted at the ILO
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$404m WB loan, grant for health, nutrition services in Bangladesh
10 June 2026, 21:00 PM
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Tech leads Asia losses, oil rises as rollercoaster week rumbles on
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China prepares $295 billion plan to fund nationwide AI buildout, Bloomberg News reports
9 June 2026, 16:41 PM
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China exports surge as Beijing withstands Middle East stress
9 June 2026, 12:55 PM
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Oil prices climb 3% after Iranian missile strikes on Israel
8 June 2026, 11:52 AM
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Belgium drama over, EU and Canada to sign trade deal
EU nations approved a landmark free-trade deal with Canada late Friday, clearing the way for its signing after a drama that saw Belgian regions threaten to torpedo years of negotiations.
29 October 2016, 18:00 PM
Profits fall at China's biggest bank
Profits fell at China's biggest bank ICBC in the third quarter, it said Friday, as it saw rising bad loans in the world's second-largest economy.
29 October 2016, 18:00 PM
Low oil prices cut ExxonMobil, Chevron earnings
Low crude prices and weak refining margins weighed on third-quarter profits at US oil giants ExxonMobil and Chevron in reports Friday, but earnings rose compared with the prior two quarters.
29 October 2016, 18:00 PM
Sri Lanka panel demands prosecution of ex-bank chief
A Sri Lankan parliamentary panel Friday called for the criminal prosecution of former central bank chief Arjuna Mahendran who was removed three months ago over long-running allegations of insider trading.
29 October 2016, 18:00 PM
Uber loses UK legal battle over drivers' rights
RIDE-SHARING cab service Uber on Friday lost a British tribunal case brought by drivers demanding basic workers' rights, in a decision that could have repercussions across the "gig economy".
29 October 2016, 18:00 PM
Japan consumer prices fall for seventh straight month
Japan's consumer prices fell in September for the seventh straight month, data showed Friday, heaping more pressure on the central bank to push back its inflation target deadline.
29 October 2016, 18:00 PM
US economy hits fastest pace in two years
US economic growth accelerated to a 2.9 percent annual rate in the third quarter boosted by a big jump in exports and solid consumer spending, the Commerce Department reported Friday.
29 October 2016, 18:00 PM
Boeing reports higher earnings
Boeing reported higher third-quarter earnings and lifted its full-year forecast Wednesday following a solid performance in its commercial airplane deliveries.
26 October 2016, 18:00 PM
Oil falls as investors doubt Opec can seal output deal
Oil fell for a third day on Wednesday, nearing $50 a barrel for the first time in three weeks, as investors grew increasingly doubtful that Opec members will agree to cut output and as U.S. inventories staged a surprisingly large increase.
26 October 2016, 18:00 PM
Danish payments firm fears 100,000 credit cards hacked
Danish payment processor company Nets has advised local banks to block up to 100,000 credit cards on suspicion their security might
26 October 2016, 18:00 PM
Canon slashes profit view on sales tumble, strong yen
Canon on Wednesday slashed its annual profit forecast, as it warned that a slowdown in emerging economies and a strong yen were taking a bite out of the bottom line.
26 October 2016, 18:00 PM
Apple's holiday surprise: big sales, not so big profits
Apple Inc posted its third successive quarter of declining iPhone sales on Tuesday and forecast slimmer-than-expected profit margins over the upcoming holiday season even as it projected record sales, sending its shares down.
26 October 2016, 18:00 PM
Rich countries may take lead in recession-proof debt project
Some of the world's most advanced economies may club together to sell growth-linked bonds, creating a market that could help avert future debt crises, sources familiar with discussions among Group of 20 policymakers told Reuters.
26 October 2016, 18:00 PM
Spending cuts a must in Gulf despite oil recovery: IMF
A modest recovery in oil prices falls short of filling budgetary gaps in crude-exporting Gulf countries, the International Monetary Fund said, stressing the need to cut spending.
19 October 2016, 18:00 PM
Yahoo rakes in profits
Yahoo's quarterly profits shot up by more than double to $163 million even as it prepares for a takeover by Verizon.
19 October 2016, 18:00 PM
Kenya rate cap pushes drive to mobile banking to cut costs, grow
Kenyan banks are focusing on mobile banking to lower costs and build new revenue streams after the government capped commercial lending rates, but they face several years of work to recover from the hit to profitability, bankers and analysts said.
19 October 2016, 18:00 PM
Italy cracks down on exploitation of Asian, African farm workers
Italy has moved to crack down on the widespread exploitation of farm workers with tough new penalties for abuses to which immigrants from Africa and South Asia are particularly vulnerable.
19 October 2016, 18:00 PM
Black shirts bright spot in Thai economy as mourning for king begins
Thais are crowding shopping malls and department stores to stock up on black clothes, as they begin a year of mourning for beloved King Bhumibol Adulaydej that could end up dampening consumption in Southeast Asia's second-biggest economy.
19 October 2016, 18:00 PM
Canada central bank keeps key lending rate at 0.5pc
Canada's central bank maintained its key lending rate at 0.5 percent Wednesday, saying domestic growth is likely to be weaker than expected this year despite a projected up-tick in the global economy.
19 October 2016, 18:00 PM
Saudi Arabia draws $67b demand for first international bond
Saudi Arabia attracted massive investor demand of about $67 billion on Wednesday for its first international bond offer, as the world's top crude exporter allayed concern about the impact of low oil prices on its finances.
19 October 2016, 18:00 PM