India's private sector banks have seen their loan books deteriorate at a faster pace than state-owned peers over the past three quarters, raising concerns that a slower economic recovery could mean writedowns estimated at around $1.5 billion.

A bomb that ripped through a religious shrine in Bangkok's commercial heart, killing 22 people and wounding more than 100, could deal a heavy blow to a tourism sector that has been one of the few recent bright spots for Thailand's struggling economy.

China's Alibaba Group Holding, Japan's SoftBank Group Corp and Foxconn will lead an investment of $500 million in India's Snapdeal, the online marketplace said on Tuesday, as it seeks to expand in the country's fast growing ecommerce sector.

Bangladesh must reduce corruption and enhance good governance to elevate itself to a higher growth path, said Atiur Rahman, governor of the central bank.

Oil and gas giant Shell has been granted the final permit it needs to begin drilling below the ocean floor for oil in the Arctic.

Qatar on Tuesday officially launches one of its most "significant" labour reforms to guarantee migrant workers' wages, but rights groups are concerned over implementation of the new regulations.

Cement maker LafargeHolcim said it would sell two plants in eastern India to Birla Corporation for about 750 million Swiss francs ($768 million), as a condition of its recent merger.

Amazon's founder and chief executive refuted claims of "shockingly callous management practices"

India and the European Union are taking steps to end a trade row sparked by an EU ban on Indian pharmaceutical products that New Delhi responded to by cancelling talks on a free trade accord with its largest trading partner, officials said.

Thailand's economy slowed in the second quarter hit by weak domestic demand and exports, official data showed Monday, with growth expected to be hampered by China's devaluation of the yuan.

Japan's economy contracted 0.4 percent in the April-June quarter, official data showed Monday, underscoring how Tokyo's "Abenomics" growth programme has yet to gain traction.

On a sweltering day in August, the towering ferries wheel and massive roller coaster of China's Jiyanghu Ecological Park, a two-hour train ride from Shanghai, stand eerily silent.

The Brazilian real is trading at or near fair value after losing one quarter of its worth since Jan. 1, economists said, suggesting a possible respite for one of the year's most battered currencies.

The average pay of chief executives in Britain's top companies is 183 times that of the typical worker, according to a study published Monday.

Dhaka and Beijing expect holding comprehensive discussion on Chinese investment and support in commerce, agriculture, industrial and infrastructure development in Bangladesh during Chinese Commerce Minister Gao Hucheng's visit on August 25-26.

China's move to weaken the yuan last week could head off further similar "adjustments", and the yuan is likely to move in both directions as the economy stabilizes, Ma Jun, chief economist at the central bank, said on Sunday.

Germany's hardline finance minister Wolfgang Schaeuble on Sunday hailed a change in tone in talks with Greece over its next bailout but warned Europe would closely monitor the pace of reforms in Athens.

Brazilian farmer Marcos Croce has woken up and smelled the coffee -- embracing the organic trend and bucking Brazil's long-held status as a mass producer of poor quality beans.

Multinational firms shifting profits offshore to avoiding paying Australian taxes should be "named and shamed", the chair of an Australian parliamentary inquiry into the practices said Sunday ahead of the release of a report.

Jet Airways Ltd said on Friday it made a profit in the June quarter compared to a loss in the year-ago period, helped by a drop in fuel