Pakistan has suspended cotton imports from its top supplier, India, saying shipments failed to fulfil phyto-sanitary certification, threatening the $822 million-a-year trade, government and industry officials told Reuters.

President-elect Donald Trump named Wall Street veteran Steven Mnuchin for Treasury secretary Wednesday, filling key slots on his economic team even as he announced plans to leave his businesses to avoid any conflict of interest.

India can ill-afford to take much pride in having the world's fastest growing large economy when it releases September quarter data on Wednesday, with businesses, farmers and families all suffering after the government's sudden demonetization drive.

Toyota Motor Corp on Wednesday appointed its president to lead their newly formed electric car division, flagging its commitment to develop a technology that the automaker has been slow to embrace.

India's economy grew by 7.3 percent in the second quarter of the financial year, according to official figures published Wednesday that fell slightly short of analysts' expectations.

Britain's wage growth prospects look "dreadful", a leading think tank says, after official economic forecasts shows workers are unlikely to recoup losses suffered after the financial crisis within the next five years.

Eurozone business activity picked up strongly in November to a 11-month high, with Germany powering the economy in Europe, a closely-watched survey showed Wednesday.

President-elect Donald Trump's big-spending plan to revitalise US infrastructure could be just the ticket to drag the world economy out of its post-crisis torpor, experts say.

Shah Nawaz walks Karachi's dusty streets, one of thousands in the financial hub who are being fed by charities as Pakistan's economy picks up pace -- but, some say, not fast enough for its poverty-stricken millions.

Huge bank queues have become an ubiquitous sight across India after the government suddenly withdrew the two highest denomination notes from circulation two weeks ago -- but now you can hire-a-queuer online.

Our world is changing with unprecedented rapidity. Technology, demography, climate change and globalisation are mega-trends that seem to be powering ahead, creating uncertainty and, in some cases, fear of change.

Automakers in the United States are ramping up holiday sales promotions ahead of Black Friday, aiming to clear out bulging inventories of unsold cars and dispel investor doubts about consumer demand.

Bangladesh will import 200,000 tonnes of wheat from Russia in a government-to-government deal, the head of the state grains buyer said on Tuesday, as South Asia's top wheat buyer builds its reserves.

The Obama administration bows to months of growing pressure over a 40-year-old ban on exports of most domestic crude, taking two steps expected to unleash a wave of ultra-light shale oil onto global markets.

Some Indian gold traders are placing bulk, short-term import orders on fears that Prime Minister Narendra Modi might soon add curbs on overseas purchases of the metal to his withdrawal of high-denomination banknotes in his fight against 'black money', traders and jewellers said.

Real estate giants British Land and Land Securities sank into the red in the first half of 2016, partly hit by sliding commercial property prices after the shock Brexit vote.

Kuwait must enact further subsidy reforms to trim its budget deficit resulting from low oil prices despite political sensitivity, the International Monetary Fund has said.

Nokia was once the motor of Finland's economy, but since the demise of the company's mobile phone business the Nordic country has struggled to find a new engine for growth.

WhatsApp has temporarily suspended giving parent company Facebook information about users in Europe for ad targeting, responding to concerns there over privacy, a source close to the matter said Tuesday.

Opec officials are working to nail down details of their plan to limit oil supply and gaps over some sticking points are narrowing, Opec sources said, a sign of progress in finalizing the exporter group's first such deal since 2008.