$100b export target at risk without logistics reforms
Star Business Report
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UK warns of Brexit 'shadow' on world economy

Britain's finance minister warned Brexit would cast a "shadow" over the world economy but said he was eyeing a free trade deal with China in interviews with the BBC and Sky News on Sunday.
25 July 2016, 18:00 PM

Thai junta chief eyes halal hub for restive south

Thailand's junta chief vowed Monday to reboot the flagging economy of the kingdom's poor and rebel-hit south, including by making the Muslim-majority region a hub for halal produce.
25 July 2016, 18:00 PM

UK unemployment rate falls to fresh 11-year low

The UK unemployment rate has fallen to 4.9 percent, the lowest since July 2005, according to official figures.
20 July 2016, 18:00 PM

Thai junta offers million baht raffle to bring tax returns online

"Want to win a million baht? Go for e-payment," says Thailand's junta, offering a lucky draw as an incentive to use a new online payment scheme for business, in an effort to bring some of the massive informal economy onto the books and boost tax revenues.
20 July 2016, 18:00 PM

Export curbs in line with WTO rules: China

China insisted its controls over some raw materials exports were legal, after the European Union followed the United States to take it to the World Trade Organisation over the restrictions.
20 July 2016, 18:00 PM

Netflix plan to conquer world stumbles, for now

The plan by Netflix to conquer the world with its streaming video service is moving slower than expected.
20 July 2016, 18:00 PM

Gold is not all that glisters - diamonds act as hedge for the rich

In a packed Christie's auction room in Geneva, one could hear a pin drop as two anonymous bidders slugged it out in their quest to own the world's most exquisite blue diamond.
20 July 2016, 18:00 PM

Gulshan massacre tears at fabric of Bangladesh's garment sector

Emdadul Islam's three-decade career in Bangladesh's garment trade has seen the industry hit by riots, labour unrest, power shortages and safety scandals, but he had never lost faith in its ability to weather the latest crisis and continue to grow.
20 July 2016, 18:00 PM

Cash crunch hits mass weddings in northern Nigeria

Low global oil prices have hurt Nigeria's economy, taking it to the brink of recession. But the resulting cash crunch has also had a more unexpected effect -- on mass weddings.
20 July 2016, 18:00 PM

Japanese gamers upset as hopes of Pokemon GO launch dashed

Gamers in Japan, home of Nintendo Co's Pokemon, waited in vain on Wednesday for the launch of its smash-hit mobile game amid reports that the developers behind it had hit the brakes, concerned that overwhelming demand would overload server capacity.
20 July 2016, 18:00 PM

Oil prices edge up from two-month lows

Oil prices rose on bargain-buying in Asia on Wednesday after hitting two-month lows but gains were hobbled by concerns about an oversupply and weak demand after the IMF lowered its global economic growth forecasts.
20 July 2016, 18:00 PM

Cloud business boosts Microsoft's quarterly revenue, shares rise

Sharp growth in its commercial cloud computing business helped lift Microsoft Corp's quarterly revenue above Wall Street's expectations, sending the technology company's shares up more than 4 percent in after-hours trading.
20 July 2016, 18:00 PM

US moves to seize $1b in assets of Malaysian 1MDB fund

In a stunning blow to Malaysia's political establishment, the US Justice Department said Wednesday it was moving to seize more than $1 billion in assets allegedly tied to corruption at a state-owned investment fund.
20 July 2016, 18:00 PM

Shaving start-up firm bought by Unilever

Unilever has bought US start-up Dollar Shave Club for a reported $1bn (£764m) in cash to compete in the male grooming market.
20 July 2016, 18:00 PM

EU dodges China market status question

The EU said Wednesday it will no longer debate whether or not China's economy is market driven, but will instead focus on new measures to tackle Chinese dumping and illegal subsidies.
20 July 2016, 18:00 PM

Turkish lira rallies after crashing in wake of coup

Turkey's currency lira rallied on Monday after suffering one of its steepest ever drops to a historic low in the aftermath of a military coup attempt to topple President Recep Tayyip Erdogan's government.
18 July 2016, 18:00 PM

Hapag-Lloyd, United Arab Shipping to merge

German container shipping giant Hapag-Lloyd announced Monday it is teaming up with United Arab Shipping Company to become one of the world's top five shipping companies as consolidation in the sector continues apace.
18 July 2016, 18:00 PM

China's cabinet unveils steps to bolster investment

China's cabinet has unveiled detailed measures, including widening financing channels for firms and establishing new equity funds, to support investment and economic growth.
18 July 2016, 18:00 PM

Oil market drifts lower

World oil prices dampened Monday on fading supply concerns following a failed coup in Turkey over the weekend.
18 July 2016, 18:00 PM

SoftBank to buy leading chip designer ARM for $32b

Japanese mobile giant SoftBank has agreed a cash takeover of iPhone chip designer ARM Holdings for around £24.3 billion, the pair said Monday, in a major investment boost for post-Brexit Britain.
18 July 2016, 18:00 PM