Low global oil prices have hurt Nigeria's economy, taking it to the brink of recession. But the resulting cash crunch has also had a more unexpected effect -- on mass weddings.

Gamers in Japan, home of Nintendo Co's Pokemon, waited in vain on Wednesday for the launch of its smash-hit mobile game amid reports that the developers behind it had hit the brakes, concerned that overwhelming demand would overload server capacity.

Oil prices rose on bargain-buying in Asia on Wednesday after hitting two-month lows but gains were hobbled by concerns about an oversupply and weak demand after the IMF lowered its global economic growth forecasts.

Sharp growth in its commercial cloud computing business helped lift Microsoft Corp's quarterly revenue above Wall Street's expectations, sending the technology company's shares up more than 4 percent in after-hours trading.

In a stunning blow to Malaysia's political establishment, the US Justice Department said Wednesday it was moving to seize more than $1 billion in assets allegedly tied to corruption at a state-owned investment fund.

Unilever has bought US start-up Dollar Shave Club for a reported $1bn (£764m) in cash to compete in the male grooming market.

The EU said Wednesday it will no longer debate whether or not China's economy is market driven, but will instead focus on new measures to tackle Chinese dumping and illegal subsidies.

The UK unemployment rate has fallen to 4.9 percent, the lowest since July 2005, according to official figures.

Turkey's currency lira rallied on Monday after suffering one of its steepest ever drops to a historic low in the aftermath of a military coup attempt to topple President Recep Tayyip Erdogan's government.

German container shipping giant Hapag-Lloyd announced Monday it is teaming up with United Arab Shipping Company to become one of the world's top five shipping companies as consolidation in the sector continues apace.

China's cabinet has unveiled detailed measures, including widening financing channels for firms and establishing new equity funds, to support investment and economic growth.

World oil prices dampened Monday on fading supply concerns following a failed coup in Turkey over the weekend.

Japanese mobile giant SoftBank has agreed a cash takeover of iPhone chip designer ARM Holdings for around £24.3 billion, the pair said Monday, in a major investment boost for post-Brexit Britain.

Saudi Arabia's national shipping company and the Arab Petroleum Investments Corp. (APICORP) have laun-ched a joint fund to purchase large oil tankers for the kingdom, an official statement said Monday.

Businesses want to see Bangladesh free from terrorism and militancy, Abdul Matlub Ahmad, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), said yesterday.

The German economy, Europe's biggest, will continue to expand strongly in the third quarter, despite potential risks from the British vote to quit the European Union, the German central bank or Bundesbank said on Monday.

India needs to continue fine-tuning rules on collateral and interest rates to ensure financial institutions have enough incentives to keep lending to the poor, central bank Governor Raghuram Rajan said on Monday.

The Indonesian government on Monday started the implementation of its new tax amnesty program as it seeks to boost tax revenues by encouraging the repatriation of funds stashed abroad.

The European Central Bank, widely expected to hold fire on monetary policy next week, will likely prepare the ground for more stimulus measures in September as the economic fallout for the eurozone from Brexit becomes clearer, analysts predicted.

Singapore and Sri Lanka have started talks for a free trade pact, including measures to free up trade in goods and services as well as investments, the city-state's trade minister said on Monday.