Indian traders are likely to import 25 tonnes of gold from South Korea in July and August, taking advantage of a recent tax change that allows importers to ship in gold without paying a 10 percent customs duty, industry officials told Reuters.

The number of international visitors to the United States has dropped for the first time since 2009, as did their spending, the US Department of Commerce said.

India's gold imports are likely to jump by a third in 2017 to 750 tonnes on restocking by jewellers and as good monsoon rainfall is expected to boost demand in rural areas during the upcoming festive season, a leading refiner told Reuters.

In a run-down mall in one of Sydney's biggest Chinese neighborhoods in 2015, 29-year-old Jizhang Lu showed up at the top-floor offices of a meat export company carrying a carrier bag stuffed with hundreds of thousands of dollars in cash.

Ride-services company Uber is facing a divided board of directors and angry shareholders after investor Benchmark Capital filed a lawsuit against the company's ousted chief executive,

JC Penney Co Inc's stock hit a life-low as sweeping store closures and a challenging retail environment drove the embattled department store chain to report a bigger-than-expected quarterly loss and took a toll on comparable sales.

Bond investors on Friday gave a $1.8 billion boost to Tesla Inc's balance sheet by snapping up the electric car maker's first foray into the US junk bond market, where yield-hungry investors have raced to lock in relatively higher returns.

Brazil's troubled oil giant Petrobas on Thursday reported a 93 percent drop in profits in the second quarter of 2017 from the previous three months.

Australia's corporate regulator said Friday it would investigate the nation's biggest bank, the Commonwealth, over its handling of alleged breaches of money laundering and terrorism financing laws.

India called on Friday for more monetary easing as it flagged risks to economic growth and budget targets, citing a series of disinflationary impulses weighing on Asia's third-largest economy.

Saudi Arabia favours New York for the main foreign listing of state oil giant Aramco, even though some financial and legal advisers have recommended London as a less problematic and risky option, people familiar with the matter told Reuters.

US consumer prices rose slightly in July as higher food costs were partly offset by falling prices for a range of other goods, suggesting benign inflation that could persuade a cautious Federal Reserve to delay raising interest rates until December.

Backed by a torrent of venture capital, China has gone sharing mad with everything from treadmills to karaoke booths and napping capsules all up for short-term rent -- and at the click of a smartphone.

Malaysia's crisis-hit state investment fund 1MDB said Friday it has paid Abu Dhabi the equivalent of $350 million, the first installment under a deal to settle its debts after it missed previous deadlines.

India, the world's biggest buyer of vegetable oils, has raised import taxes on crude and refined edible oils to protect local oilseed farmers from cheaper imports from top suppliers Malaysia and Indonesia.

Fines imposed against owners renting their Paris apartments out on Airbnb surged more than tenfold in the first half of 2017 thanks to more rigorous monitoring, city authorities said Friday.

US President Donald Trump barely mentioned Africa or trade with the continent during his whirlwind campaign and has been mostly silent about the region since taking office.

India's retail inflation is expected to have picked up slightly in July after cooling in the previous three months, a Reuters poll showed, but likely remained well below the central bank's 4 percent medium-term target.

A new breed of younger, business- and tech-savvy farmers are transforming Japan's shrinking agriculture sector with cutting edge techniques and marketing strategies, giving new hope to an industry in slow decline.

The US International Trade Commission on Tuesday said it will look into Qualcomm's complaint that Apple is violating its patents in some iPhones.