Pakistan is set to launch $500 million in Islamic bonds to raise money for its foreign exchange reserves, a senior official said Wednesday, as a three-year IMF bailout package nears a close.

Opec might still agree an oil output-limiting deal later this year as the economic problems of its de-facto leader Saudi Arabia force Riyadh to cede more ground to arch-rival Iran.

A seminar on e-government procurement will be held at the NEC Auditorium in Sher-e-Bangla Nagar in the capital today, according to a statement.

Canada approved on Tuesday a massive Can$36 billion ($27 billion USD) project by Malaysia's Petronas to build a liquefied natural gas pipeline along its Pacific Northwest coast, targeting Asian markets.

A Kuwaiti court on Wednesday ordered the government of the oil-rich Gulf state to abolish an increase in petrol prices nearly one month after it took effect.

Australian carrier Qantas has warned of the danger of mobile phones being crushed in reclinable plane seats and catching fire after one ignited during a US flight, according to a safety report Wednesday.

The German government and Deutsche Bank were at pains Wednesday to quash speculation of a rescue plan for the troubled lender, in an effort to reassure investors spooked by a potentially massive US fine.

Bangladesh has moved one notch up to 106th place out of 138 economies in Global Competitiveness Index in 2016-17, according to World Economic Forum.

Bangladesh Brand Forum is to initiate the third edition of Digital Marketing Summit on October 8 in Dhaka.

Social media are being credited with democratising the landscape of fashion in London and New York.

A Singapore firm headed by a scion of one of Asia's richest families has bought a 49 percent stake in Rolling Stone, with plans to diversify the iconic magazine into new business including live events and merchandising.

US drugmaker Pfizer Inc said on Monday it had decided not to separate into two publicly traded companies by separating its low-growth generics from its patent-protected branded medicines.

A group of 40 investors managing $1.25 trillion in assets have launched a campaign to encourage 16 global food companies to change the way they source protein for their products to help to reduce environmental and health risks.

Indian importers in past days purchased around 25,000 tonnes of Australian-origin wheat as India increases its wheat imports after a reduction in the country's import duties, European traders said on Monday.

The World Bank on Sunday urged Sudan to undertake swift structural reforms to revive its ailing economy, which a top Sudanese official insisted had been adversely impacted by US trade sanctions.

China's coal imports from North Korea have surged in recent months, government data showed Monday, raising questions about Beijing's commitment to international sanctions intended to curb Pyongyang's nuclear programme.

Bank of America is set to cut about two dozen investment banking (IB) jobs in Asia, including some top dealmakers starting this week, according to people familiar with the matter.

Tens of thousands of unionised workers at South Korea's Hyundai Motor staged their first full strike on Monday for more than a decade after negotiations over a wage increase stalled.

Former IMF chief Rodrigo Rato went on trial Monday accused of overseeing a "corrupt system" that helped him and other executives misuse funds when he was the boss of two of Spain's top banks.

German speciality chemicals maker Lanxess has said Monday it plans to buy US rival Chemtura for 2.4 billion euros ($2.7 billion) in its push to become a global leader in the growing additives business.