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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
Intel may invest up to $5.5b in China memory chip plant
Intel Corp said it may invest up to $5.5 billion in manufacturing semiconductors in China, stepping up efforts to improve ties with Beijing as it seeks new revenue streams while demand for its core computer processing chips falters.
21 October 2015, 18:00 PM
UK employers see risks in alternatives to EU membership
A leading British employers group stepped up its push to keep the country in the European Union on Wednesday, saying the alternatives would hurt trade.
21 October 2015, 18:00 PM
Gulf should adjust to new oil price 'reality': IMF
GULF economies need to adjust to the "new reality" of oil prices expected to remain low for some time, the International Monetary Fund says, recommending spending cuts and income diversification.
21 October 2015, 18:00 PM
HTC launches new phone to challenge Apple
TAIWAN'S smartphone maker HTC Corp unveiled a new flagship model Wednesday -- taking on Apple's latest iPhones -- but analysts say it's unlikely to boost the struggling company's market share.
21 October 2015, 18:00 PM
Yahoo signs ad pact with Google
Yahoo Inc said on Tuesday it had signed a search advertising deal with Google Inc, providing a potential boost to Marissa Mayer's efforts to turn around the company, which also reported revenue and profit that fell short of market estimates.
21 October 2015, 18:00 PM
Recession-hit Russia economy shrinks in Q3
Russia's economy shrank 4.3 percent in the third quarter this year, the government said Monday, as a recession caused by low oil prices and Western sanctions over Ukraine continued to take its toll.
19 October 2015, 18:00 PM
Danone Q3 sales rise on baby food sales
French dairy giant Danone on Monday posted a 4.6 percent rise on a like-for-like basis in third-quarter sales, outstripping analysts' forecasts.
19 October 2015, 18:00 PM
Myanmar revokes forex licences to stop 'dollarisation'
Myanmar businesses ranging from restaurants to golf clubs have until the end of next month to stop charging in US dollars, the central bank announced in a snap move to stabilise the kyat currency.
19 October 2015, 18:00 PM
Islamic finance growth to slow over low oil price: S&P
The fast-growing Islamic finance industry is set to slow down next year over the sharp fall in oil revenues and rapid regulatory changes, Standard and Poor's Ratings Services said on Monday.
19 October 2015, 18:00 PM
Wal-Mart bribery probe finds few major offenses in Mexico
A federal probe into allegations of corruption at Wal-Mart Stores Inc's Mexico operations has found few major offenses, and is likely to result in a much smaller case than investigators expected, the Wall Street Journal reported, citing people familiar with the situation.
19 October 2015, 18:00 PM
Oil retreats in Asia as China slowdown weighs
Oil fell in Asia Monday after data showed China's economy posted its slowest growth for more than six years in the third quarter, reinforcing worries about demand from the world's top energy guzzler.
19 October 2015, 18:00 PM
China economy logs weakest growth since 2009
CHINA'S economic growth dipped below 7 percent for the first time since the global financial crisis on Monday, hurt partly by cooling investment, raising pressure on Beijing to further cut interest rates and take other measures to stoke activity.
19 October 2015, 18:00 PM
RBI head urges IMF to act against 'extreme' policies
RESERVE Bank of India (RBI) Governor Raghuram Rajan urged the International Monetary Fund (IMF) on Monday to play an active role in questioning the stimulus policies of developed economies and called on emerging markets to have a bigger voice in global debates.
19 October 2015, 18:00 PM
Juggling work, home most critical issue for G20 women
KOOK Seung-hyun, pregnant and working full-time in Seoul, must juggle three demanding roles to meet the traditional family expectations and financial realities of modern Korea.
14 October 2015, 18:00 PM
Germany trims 2015 growth outlook
The German government Wednesday slightly trimmed its 2015 growth forecast due to the slowdown in emerging economies, but said domestic consumption would likely more than offset the external weakness.
14 October 2015, 18:00 PM
Vietnam government to sell $3b of shares in major firms
The Vietnamese government will sell its stakes in companies ranging from a dairy giant to an insurance firm in a move worth up to $3 billion, state media said Wednesday, boosting the communist nation's privatisation drive.
14 October 2015, 18:00 PM
Tech funding surging despite bubble fears: survey
Investors poured increasing amounts of cash into startups in the third quarter, defying fears of a bubble in the tech sector, a survey showed Wednesday.
14 October 2015, 18:00 PM
New rules to boost India shipping fleet; may dent foreign shippers
INDIAN state-owned firms may have to give half their freight business to local shippers to help rescue an industry battered by the global commodities downturn.
14 October 2015, 18:00 PM