Switzerland on Wednesday raised the pressure on Malaysia to cooperate with its probe into scandal-tainted 1MDB, saying new evidence indicated a "Ponzi scheme" was used to cover up $800 million in misappropriations from the Malaysian state fund.

Samsung Electronics Co Ltd, the world's biggest smartphone maker, said on Thursday more than 1 million people globally are now using Galaxy Note 7 smartphones with batteries that are not vulnerable to overheating and catching fire.

The world's largest maker of diabetes treatments, Novo Nordisk, said Thursday it was cutting 1,000 jobs worldwide to cut costs as it faces price pressure in the United States.

Thousands of workers rallied Thursday in the Indonesian capital Jakarta against a controversial government scheme to raise revenues that, critics claim, has allowed wealthy tycoons to avoid paying tax.

Thailand is cracking down on migrant workers from neighbouring countries, saying they are "stealing jobs from Thais", amid fears that anti-immigrant sentiment is rising as Southeast Asia's second-largest economy stagnates.

Heavy machinery whirrs and clanks on the factory floor of precision metalworking firm Robert Bion & Co, where a planned three-meter robotic arm would have been speeding up output by now, if Britain had not voted to leave the European Union.

Novoair has come up with a new offer under which the cardholders of leading private banks can make payments for their trip to Yangon in Myanmar in six instalments with zero interest.

Germany risks becoming the world's biggest cash machine after Brexit because it may end up paying for a failing European Union that is in danger of imploding, Britain's trade minister said on Thursday.

Alarmed by the threat posed by Silicon Valley firms to their businesses in developing autonomous driving systems, it was evident at the Paris Motor Show this week that carmakers are seeking to fight back by cooperating in areas of technology development where previously they might have tried to compete.

Australian carrier Qantas has warned of the danger of mobile phones being crushed in reclinable plane seats and catching fire after one ignited during a US flight, according to a safety report Wednesday.

The German government and Deutsche Bank were at pains Wednesday to quash speculation of a rescue plan for the troubled lender, in an effort to reassure investors spooked by a potentially massive US fine.

Wells Fargo & Co said on Tuesday that Chief Executive Officer John Stumpf will forfeit unvested equity awards worth about $41 million and will not get a salary while the company's board investigates the bank's sales practices.

Names like Uber, Airbnb, Viber and Instagram may sound alien to many people of the older generation, but these are some of the

An Indonesian power company said Wednesday it had removed its founders last year and takes seriously allegations of "improper behaviour" after revelations US justice officials are probing Standard Chartered over suspected bribery at the firm.

The FBI is negotiating with a former branch manager of a Philippines bank for information relating to $81 million that she handled after it was stolen from the Bangladesh central bank's account at the New York Federal Reserve, her lawyer said.

Wal-Mart Stores Inc is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, two sources familiar with the matter said, as the world's biggest retailer aims to get a slice of a fast-growing online retail market.

Pakistan is set to launch $500 million in Islamic bonds to raise money for its foreign exchange reserves, a senior official said Wednesday, as a three-year IMF bailout package nears a close.

Opec might still agree an oil output-limiting deal later this year as the economic problems of its de-facto leader Saudi Arabia force Riyadh to cede more ground to arch-rival Iran.

A seminar on e-government procurement will be held at the NEC Auditorium in Sher-e-Bangla Nagar in the capital today, according to a statement.

Canada approved on Tuesday a massive Can$36 billion ($27 billion USD) project by Malaysia's Petronas to build a liquefied natural gas pipeline along its Pacific Northwest coast, targeting Asian markets.