China's foreign exchange regulator said on Thursday that pressure from capital outflows eased somewhat in 2016 and there will be greater flexibility in the yuan's exchange rate in 2017.

ConocoPhillips on Wednesday agreed to sell oil sands and western Canadian natural gas assets to Cenovus Energy Inc for C$17.7 billion ($13.3 billion), making it the latest international oil major to pull back from a region where high costs and low crude prices have made it hard for large companies to make an acceptable return.

Investment banking business in India should be enjoying bumper fees after a record year of dealmaking. It's not, and big banks blame in-house teams of advisers that have proliferated as the country's top family-owned conglomerates tighten their grip.

Uber yesterday said it will move its international headquarters in Amsterdam to a larger building ahead of plans to increase staff to 1,000

India is exploring setting up a new payments mechanism for trade with Iran, after its old sanctions workaround broke down, as state banks remain fearful of handling payments from Tehran in case the United States imposes a fresh financial embargo.

Chinese developers China Overseas Land & Investment Ltd and Country Garden Holdings Company Ltd on Wednesday said sales by area may see challenges in 2017 on government tightening, after reporting solid 2016 profit growth.

Some of China's largest food suppliers have pulled Brazilian beef and poultry from their shelves in the first concrete sign that a deepening scandal over Brazil's meat processing industry is hitting business in its top export market.

Protectionist trade policies may increase, rather than reduce, a country's trade deficit, the European Central Bank said in a study on Wednesday, just days after finance chiefs of the world's top 20 economies dropped their pledge for open trade.

TAIWAN'S central bank is asking some custodian banks to stem the flow of fresh capital into its financial markets, two people with direct knowledge of the matter told Reuters on Wednesday, as the local dollar hovers at more than two-year highs.

Alibaba Group Holding Ltd said on Wednesday it would set up a logistics hub in Malaysia, the latest in a string of Chinese investments including in infrastructure and real estate projects, underscoring the close ties between the two countries.

Finance ministers from the world's top nations gather in Germany Friday as fears grow that US President Donald Trump could upend the global economic order with his America First policy.

The rupee hit a 16-month peak against the dollar and bonds rallied the most in two weeks on Wednesday on hopes of a less hawkish tone on interest rates by the US Federal Reserve at the end of its two-day policy meeting later in the day.

IMF chief Christine Lagarde on Tuesday warned the world's largest economies to avoid damaging the incipient global recovery with policies that would derail trade and immigration.

AT the break of dawn each day, dozens of women forced to flee their homes during Nepal's decade-long civil war load their bicycles with vegetables and head to market.

JAPAN'S crisis-racked Toshiba Corp has offered shares in its memory chip unit to creditors as collateral to secure debt refinancing, people briefed on the matter said on Wednesday.

Britain's unemployment rate has struck the lowest level for more than 41 years, official data showed on Wednesday as the country prepares to trigger its exit from the EU. However a drop in the jobless rate comes alongside news of slowing wages growth.

Oil prices climbed more than $1 on Wednesday, lifted by a surprise drawdown in US inventories and data from the International Energy Agency (IEA) suggesting Opec cuts should create a crude deficit in the first half of 2017.

Some of Japan's top companies announced their lowest wage hikes in years on Wednesday, marking the latest challenge for Tokyo's bid to boost spending and the economy.

President Donald Trump on Thursday will offer the first details of his plans for deep cuts in domestic programs and foreign aid, releasing a budget outline that would boost military spending by $54 billion and seek cuts of the same size in non-defense programs.

Spain's fashion retail giant Inditex, owner of popular brand Zara, said Wednesday that its drive to expand internationally helped push up profits last year.