A bullion association in India is planning to launch the country's first physical gold trading exchange, in an attempt to bring transparency to the market for the precious metal in the world's second biggest consumer.

Yahoo Inc is weighing a sale of its core Internet business and will not sell its stake in Chinese e-commerce firm Alibaba Group Holding Ltd, CNBC reported, with an announcement coming as soon Wednesday.

European and US steel producers are only slowly emerging from a 2008 sector meltdown, but already they are faced with a new challenge: Chinese dumping.

Myanmar officially launched its first modern stock exchange Wednesday, but without a single stock to trade until next year, as the nation's latest drive for economic revitalisation struggles to take flight.

Chinese smartphone maker OnePlus will miss its target of selling 1 million handsets in India in 2015 - its first year in the country - but not by much, a company executive said.

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.

Tensions with Russia could cost Turkey's economy $9 billion in the worst case scenario of "zero relations", Turkish Deputy Prime Minister said Monday.

China's foreign exchange reserves fell to their lowest level in nearly three years in November, official data showed Monday, with analysts blaming "record" capital outflow on expectations the yuan will depreciate.

Indian regulators have launched an unprecedented drive to boost corporate transparency, bombarding firms with disclosure demands, but clumsy execution has created suspicions of a box-ticking exercise that may not entirely achieve its aim.

Anil Ambani's telecom ambitions are almost credible again. The Indian tycoon's Reliance Communications is in exclusive talks to sell

AFGHAN software entrepreneur Farshid Ghyasi, chief executive of the Netlinks company, is struggling to keep his best employees, as more plan to join a wave of migrants leaving for Europe that risks causing long-term damage to the country and its economy.

China is forecast to become the world's biggest electric car market this year, with sales estimated at 220,000 to 250,000 vehicles, the official news agency Xinhua said on Sunday, quoting the China Association of Automobile Manufacturers.

French dairy giant Danone said Wednesday it had reached a final agreement to sell its Dumex baby-milk business in China, which had been tarnished by bribery claims and a safety scare.

A senior government official floated the idea this week of setting up a national gold exchange to overhaul physical trade in the world's second-biggest bullion market.

Brazil's economy contracted 4.5 percent year-on-year in the third quarter, officials said Tuesday, reflecting a steeper than expected recession in the world's seventh largest economy.

US businesses are increasingly pessimistic about the US economy and are slashing plans for investment that is vital for growth, a private

India is taking steady steps towards an increasingly free currency, Reserve Bank of India governor Raghuram Rajan said on Tuesday, but it will avoid a "big bang" liberalisation.

Australia's economy is on track for healthy growth this year, new figures showed Wednesday, with a bounce in exports helping accelerate its shift from an unprecedented resources boom.

QATAR'S government has rejected a report by Amnesty International which said abuse of migrant labourers in the Gulf Arab state remains "rampant" five years after it won the right to host the World Cup.