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Syed Mohammad Kamal, new president of AmCham
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Reform-oriented budget to strengthen economy: BGMEA
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Facebook shares hit all-time high

Facebook shares lifted Friday to an all-time high, crossing $100 for the first time, during a rally in the technology sector on Wall Street.
25 October 2015, 18:00 PM

India's gold monetisation scheme may be ready in weeks: Modi

A programme to attract gold owned by households into a bank deposit scheme to monetise the precious metal could be ready in weeks, India's Prime Minister Narendra Modi said on Sunday, a step aimed at cutting expensive imports.
25 October 2015, 18:00 PM

The container village migrants oiling Thailand's economy

The village sprang up in a matter of days -- neat lines of bright yellow houses that looked like something a child might have built with Lego bricks.
25 October 2015, 18:00 PM

Toshiba in talks to sell image sensor ops to Sony

Toshiba is preparing to sell its image sensor operations to Sony in a deal estimated at around $165 million. The move would mark
25 October 2015, 18:00 PM

Greece talks with lenders 'on right track': EU

Talks between Greece and its international lenders on implementing required reforms are "on the right track" despite a few sticking
25 October 2015, 18:00 PM

China cuts key interest rate to 4.35%

China cuts its one-year benchmark interest rate by 0.25 percentage points to 4.35%.
23 October 2015, 15:21 PM

Hyundai Q3 profits fall

The painful slowdown in Chinese economic growth and a stronger South Korean won slashed Hyundai Motor's net profit by a quarter over the past three months, the firm said Thursday.
22 October 2015, 18:00 PM

Telcos' subscriber growth hits 16-month low

The telecom industry added 5.93 lakh active SIMs in September, the lowest in 16 months.
22 October 2015, 18:00 PM

Bangladesh's GDP to grow 6.55pc, says Bloomberg

Bangladesh's economy will grow 6.55 percent in the current fiscal year, according to a survey by Bloomberg News.
22 October 2015, 18:00 PM

China's Xi promises no 'hard landing' for economy

Chinese President Xi Jinping promised "no hard landing" for the world's second largest economy despite its slowdown, during a state visit to Britain focused bolstering business and trade ties.
22 October 2015, 18:00 PM

Japan PM heads to Central Asia to cement business ties

Japanese Prime Minister Shinzo Abe on Thursday left for a week-long tour to Mongolia and five Central Asian nations, eyeing billions of dollars in business deals as China boosts its influence in the resource-rich region.
22 October 2015, 18:00 PM

Chinese star Xiaomi aims beyond smartphones

Leading Chinese smartphone maker Xiaomi is aiming for a future as an Internet company with the potential to cross swords with titans such as Alibaba.
22 October 2015, 18:00 PM

Indian festive demand for gold sluggish, discounts widen

Festive demand for gold in India got off to a tepid start, with local prices still at a heavy discount to the global benchmark, a bad sign for a period when buying is typically strong.
22 October 2015, 18:00 PM

All work and no play, Myanmar's children prop up economy

Twelve-year-old Myat Noe dashes between tables taking orders and sweeping up cigarette butts, working for around a dollar a day in Myanmar, which has one of the worst records for child labour in the world.
22 October 2015, 18:00 PM

Russia plans 3pc budget deficit in 2016: minister

Russia's budget deficit is set to reach around 3.0 percent of gross domestic product in 2016, with plans to spend $1 billion on a fund
22 October 2015, 18:00 PM

EU orders Starbucks, Fiat to pay 20-30m euros in back taxes

The European Union ordered Starbucks and Fiat on Wednesday to each repay up to 30 million euros in back taxes in a landmark tax avoidance case pursued in the wake of the LuxLeaks scandal.
21 October 2015, 18:00 PM

Surprise departure of Syngenta chief after firm dodged Monsanto takeover

In a surprise announcement, Swiss agrochemicals giant Syngenta said Wednesday its chief executive Mike Mack was stepping down, just two months after the company rejected a massive takeover bid by Monsanto.
21 October 2015, 18:00 PM

Uber invests big in China in face of fierce rival

The head of Uber on Tuesday said the ride-sharing firm has spent a billion dollars to gain traction in China, where the local champ may not be playing fair.
21 October 2015, 18:00 PM

Japan exports to China slump in challenge for Tokyo's growth bid

Japanese exports to China fell again last month as a slowdown in the world's number two economy weighs on the countries' huge trading links, official data showed Wednesday, while shipments to the key US market also stumbled.
21 October 2015, 18:00 PM

EU set to give nod to FedEx/TNT Express tieup

The European Union is expected to approve FedEx's 4.4-billion-euro ($4.8 billion) deal to buy Dutch rival TNT Express, a key tieup for the e-commerce delivery business, the companies said Tuesday.
21 October 2015, 18:00 PM