Oil fell toward $37 a barrel on Monday, trading within sight of an 11-year low, pressured by excess supply that has more than halved prices since the downturn began in mid-2014.

Malaysia's first Islamic-compliant airline Rayani Air began operations Sunday with its maiden flight taking off from the capital to the resort island of Langkawi, local media reported.

Volkswagen plans to limit the time staff can remain in certain roles, its supervisory board chairman told a German weekly, in a step to improve oversight at the German carmaker.

Martin Shkreli, the pharmaceuticals entrepreneur vilified for jacking up the price of a life-saving AIDS drug, said on Saturday that unrelated securities fraud allegations that resulted in his arrest this week were "baseless and without merit."

It's a new dawn for transport, lodging -- and pretty much every service under the sun -- and it's all about "sharing."

GlaxoSmithKline has ended a frenetic week for the pharmaceutical sector with a $1.4 billion takeover of HIV drug development assets from Bristol-Myers Squibb.

From glitzy malls and high-rise flats to five-star hotels, a luxury building boom in Phnom Penh is transforming a capital once reduced to a ghost town into one of Asia's fastest growing cities.

President Dilma Rousseff on Friday replaced Finance Minister Joaquim Levy, a fiscal conservative appointed just over a year ago, with a close ally, Planning Minister Nelson Barbosa, the Brazilian leader's office says in a statement.

Chinese leaders, meeting ahead of an agenda-setting conference, pledged on Monday to keep the country's economic growth in a "reasonable range" in 2016 by expanding domestic demand and making supply-side improvements.

The United States called Monday for a fresh start to break a 14-year deadlock in negotiations to free up world trade in good and services worth some $23 trillion (21 trillion euros).

Royal Dutch Shell on Monday said it planned to cut 2,800 jobs following its mega takeover of smaller rival BG Group.

Japanese Toyotas, German Mercedes and BMWs, GM cars and trucks from the USA are driven in countries around the world. But in Ghana

GOLD prices in India swung to a discount for the first time in a month on Monday as jewellers and dealers in the world's second biggest consumer postponed purchases ahead of an expected hike in U.S. interest rates later this week.

Chinese Internet giant Alibaba will pay $266 million for Hong Kong's South China Morning Post, the newspaper said Monday, far higher

Japan's biggest manufacturers were in a cautious mood during the last quarter of the year, a central bank survey showed Monday, despite a modest pick-up in the world's number three economy.

India's wholesale prices fell for a 13th straight month in November, but a sharp pickup in food prices and a pending wage hike for millions of government employees are likely to keep policymakers worried about potential inflationary risks.

An expected first interest rate in almost a decade by the Federal Reserve on Wednesday could squeeze emerging economies' room for manoeuvre as they try to stave off recession, analysts warn.

A tool provided by India's central bank to help lenders tackle bad debts is instead helping to camouflage the scale of the problem, evidence of how the country's banks will struggle to meet an ambitious clean-up target in 16 months' time.

Economists have revised their economic growth forecasts for Singapore for 2015 and 2016 down from their projections three months ago, a central bank survey showed on Wednesday.

THE ancient root bridges spanning the rivers of the remote northeast are some of India's most iconic images, symbolising a slower pace of life unimaginable in its bustling megacities.