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Marriott buys Starwood Hotels for $12.2b

US-based Marriott International said Monday that it has purchased Starwood for $12.2 billion, creating the world's largest hotel chain
16 November 2015, 18:00 PM

MasterCard sees double- digit growth in China

Global payment operator MasterCard Inc sees double-digit annual growth in credit card transaction volumes in China, lifted by the booming e-commerce industry in the world's second-largest economy, a senior executive told Reuters on Monday.
16 November 2015, 18:00 PM

Japan dips into recession in stumble for 'Abenomics'

Japan's economy slipped into recession for the second time since Prime Minister Shinzo Abe came to power nearly three years ago, data showed Monday, dealing a fresh blow to his drive to kickstart weak growth and end years of deflation.
16 November 2015, 18:00 PM

Apple to power Singapore operations with renewable energy

APPLE announced on Sunday that it has struck a deal to power all of its Singapore operations with renewable energy, the latest in a series of steps from the company to turn its operations worldwide green.
16 November 2015, 18:00 PM

As Boeing booms, robots rise and job growth lags

FOR most of its 100-year history, when Boeing turned out more planes, employment soared and the Seattle-area economy prospered. When the rate of production fell, layoffs followed and the local economy crashed.
16 November 2015, 18:00 PM

Paris attacks weigh on airline, travel stocks but impact seen short-lived

AIRLINE and travel-related stocks tumbled in Asia Monday following the deadly terror attacks in Paris, but analysts and industry players said they expect the impact to be short-lived.
16 November 2015, 18:00 PM

Apec wary US-led trade pact could become 'rich-economy club'

APEC does not want to see a United States-led free-trade agreement become a "rich-economy club", a senior forum official said Monday.
16 November 2015, 18:00 PM

Japan relapses into recession in July-Sept, blow to Abenomics

Japan's economy slid back into recession in July-September as uncertainty over the overseas outlook hurt business investment.
16 November 2015, 05:46 AM

France's fragile economy under siege after Paris attacks

France's fragile economic recovery is under threat after the Paris attacks, economists say, with tourism and consumer spending likely to come under siege.
16 November 2015, 05:27 AM

Greece says it is close to deal with lenders over bad bank loans

Greece said on Wednesday it was close to a deal with international lenders on regulating non-performing loans, a thorny issue which has delayed a disbursement of aid under its latest multi-billion euro bailout.
11 November 2015, 18:00 PM

UN urges more investment in cutting-edge technologies

Japan, the United States but also increasingly China, are among the few nations driving global innovations like 3D-printing, the UN said Wednesday, urging more investments in fields expected to carry future economic growth.
11 November 2015, 18:00 PM

China splurges on world's biggest online shopping spree

Chinese internet users spent billions of dollars in the planet's biggest online shopping splurge Wednesday, as "Singles Day" hit new heights, despite slowing growth in the world's second-largest economy.
11 November 2015, 18:00 PM

Pakistan to sign economic zone deal with China

PAKISTAN'S poorest province is set to sign a deal with China Wednesday allotting thousands of acres of land for Beijing to develop a massive special economic zone in the deep sea port of Gwadar, officials told AFP.
11 November 2015, 18:00 PM

'Sharing economy' firms urge safety net for workers

A coalition of "sharing economy" startups joined labor activists and others Tuesday to endorse efforts for a "flexible safety net" for workers without traditional job protection.
11 November 2015, 18:00 PM

Apple Music aims for beat on Android phones

Apple's freshly launched music service became available Tuesday on rival mobile devices powered by Google-backed Android software.
11 November 2015, 18:00 PM

New IMF economist sees major challenges to global economy

JUST a few months into the job, the challenges are already piled high for the International Monetary Fund's new chief economist Maurice Obstfeld.
11 November 2015, 18:00 PM

China's Alibaba breaks Singles Day record as sales surge

E-commerce giant Alibaba has broken its own record for sales on China's Singles Day, the world's biggest online shopping event.
11 November 2015, 07:33 AM

German trade surplus shrinks in September

Germany's exports and imports both rebounded in September after falls a month earlier, as the trade surplus shrank slightly to 19.4 billion euros ($20.9 billion), official data showed Monday.
9 November 2015, 18:00 PM

Australian green group to challenge India-backed coal mine

An Australian environmental group Monday launched a new legal challenge to a huge, India-backed coal mine, saying the government's recent re-approval of the project failed to consider the impact on the Great Barrier Reef.
9 November 2015, 18:00 PM

India's Jet Airways confirms order for 75 Boeing 737 planes

India's Jet Airways confirmed on Monday an order for 75 Boeing 737 planes previously listed on the US manufacturer's book as for an undisclosed client.
9 November 2015, 18:00 PM