Oil soars as Trump rejects Iran's terms
AFP, Tokyo
2 hour(s) ago Business
EU opens door to using US jet fuel as shortages loom
AFP, Brussels
11 May 2026, 00:00 AM Global Economy
Sri Lanka to hike power tariff amid energy crisis
AFP, Colombo
11 May 2026, 00:00 AM Global Economy
China on track to reach high-income status in one to two years
China Daily/ANN
10 May 2026, 16:23 PM Business
Sri Lanka to hike electricity tariff amid energy crisis
AFP, Colombo
10 May 2026, 12:15 PM Business
Pakistan eyes Chinese capital markets with panda bond
Reuters
10 May 2026, 09:44 AM Global Economy
$100b export target at risk without logistics reforms
Star Business Report
10 May 2026, 00:00 AM Global Economy
US job growth beats expectations but consumer confidence at all-time low
AFP, Washington
10 May 2026, 00:00 AM Global Economy
Trump administration appeals latest court loss on tariffs
REUTERS, New York
10 May 2026, 00:00 AM Global Economy
Oil jumps 3%
REUTERS, Houston
10 May 2026, 00:00 AM Global Economy

India's plan to boost sugar export looks flawed

India's bid to compel producers to export millions of tonnes of surplus sugar will fail without significant subsidies or at least penalties for failing to comply, trade and industry sources said on Friday.
2 October 2015, 18:00 PM

Japan's household spending rebounds but recession looms

Spending among Japanese households rebounded in August, data showed Friday, offering a glimmer of hope after a string of weak figures, but economists warned the world's number three economy was still headed for recession.
2 October 2015, 18:00 PM

Bangladesh Hajj death toll now 43

Death toll of Bangladeshi Hajj pilgrims from the Mina stampede goes up to 43, while 92 more are undergoing treatment.
2 October 2015, 13:23 PM

Gulf banks' profits set to slide over low oil income: S&P

Net earnings of Gulf banks are expected to slide as government spending slows due to a dive in oil revenues, the Standard and Poor's ratings agency said Thursday.
1 October 2015, 18:00 PM

Wal-Mart to cut hundreds of jobs at headquarters

Wal-Mart Stores Inc is planning to lay off hundreds of people at its headquarters in Arkansas as part of the retail giant's efforts to pare costs, people familiar with the matter said.
1 October 2015, 18:00 PM

'Reason to be concerned' about global economy: IMF MD

The International Monetary Fund voiced concern Wednesday about the global economy, weakened by China's slowdown and facing a potential "vicious cycle" from a looming US interest rate hike.
1 October 2015, 18:00 PM

Shaky China, Asia activity surveys leave world outlook vulnerable

Factories in Asia cut more jobs and throttled back output in September as domestic and export demand shrivelled, adding to fears that cooling growth in China and emerging markets will jeopardize an increasingly fragile global recovery.
1 October 2015, 18:00 PM

From heroes to bystanders? Central banks' growth challenge

Central bankers who led the charge to pull the global economy from a cliff during the financial crisis now risk becoming bit players, ill-equipped to snap the world out of sluggish growth and its addiction to cheap credit.
1 October 2015, 18:00 PM

Uber campaigns against tough rules proposed in London

Ride-sharing giant Uber launched a petition that had more than 116,000 signatures by Thursday against proposed regulation in London that would force drivers to pass English language and map reading tests.
1 October 2015, 18:00 PM

China's Huawei rides Google coattails into new markets

With a partnership to make one of Google's flagship Nexus smartphones, Chinese tech giant Huawei is gaining new prominence which could help its efforts to win broader global consumer appeal.
1 October 2015, 18:00 PM

Hewlett-Packard board approves split into two companies

Hewlett-Packard Co said its board had approved the previously announced split of the company into two separate listed entities - computers and printers, and corporate hardware and services.
1 October 2015, 18:00 PM

Kuwait to seek private investment in $36b projects

Kuwait will invite private investors, including foreigners, to take part over the next two years in nine infrastructure projects worth about $36 billion, under a new law designed to facilitate such deals, an official said.
1 October 2015, 18:00 PM

TPP trade talks narrow on tough auto, drug and dairy issues

Talks on the ambitious Trans-Pacific Partnership remained stuck on a handful of tough issues including auto parts and drug protections as trade ministers moved to a second day of negotiations Thursday.
1 October 2015, 18:00 PM

Microsoft and Google call truce in patent wars

Technology titans Microsoft and Google on Wednesday announced that they have agreed to end all patent infringement litigation against each other.
1 October 2015, 18:00 PM

Indians declare $500m in black money in tax crackdown

Indians declared $500 million in black money, the government announced Thursday, a fraction of the total amount feared hidden, as a deadline for coughing up assets hidden from the taxman expired.
1 October 2015, 18:00 PM

China industrial profits suffer biggest drop since 2011

Profits earned by Chinese industrial companies declined at the sharpest rate in four years in August as costs kept rising and product prices kept falling, according to official data that adds to signs of weakness in the world's second largest economy.
28 September 2015, 18:00 PM

To build a greener economy, Bhutan wants to go organic by 2020

Farmer Phub Zam, 55, is in a hurry. Monsoon rains have hit her farm in Bhutan's Paro valley and Zam is rushing to harvest her broccoli before crop is damaged.
28 September 2015, 18:00 PM

India may consider cutting stake in state-run banks

The Indian government may consider reducing its stake in state-run lenders to 52 percent, Finance Minister Arun Jaitley said on Monday.
28 September 2015, 18:00 PM

Facebook, eyeing TV dollars, rolls out new ad products

Facebook Inc introduced a slate of new advertising products on Sunday, most of which are aimed at luring television advertisers onto the 1.5-billion user social network.
28 September 2015, 18:00 PM

Zero applicants for Japan plan to promote women at work

Not one Japanese company applied for a subsidy programme aimed at promoting more women to senior jobs, an official said Monday, an embarrassing blow for Tokyo's push to boost the economy with female workers.
28 September 2015, 18:00 PM