War deepens credit risk fears for Asia-Pacific banks
REUTERS, Hong Kong/Sydney
15 May 2026, 00:00 AM Global Economy
Oil prices edge up
REUTERS, Beijing/Singapore
15 May 2026, 00:00 AM Global Economy
Nigeria’s Jiji acquires Bangladesh’s online marketplace Bikroy.com
Star Business Report
14 May 2026, 20:19 PM Business
Commerce minister seeks Chinese investment in green tech
Star Business Report
14 May 2026, 17:58 PM Business
Iran war and oil to dominate BRICS meet in India
AFP
14 May 2026, 08:42 AM Global Economy

Japan economy picks up pace in wobbly recovery

Japan's economy grew more than expected in the first quarter, data showed Wednesday, as it crawls back from a brief recession, but observers cautioned that a full recovery may still be some way off.
20 May 2015, 18:00 PM

Six global banks fined nearly $6b for forex, Libor abuses

US and British regulators fined six major global banks nearly $6 billion Thursday for rigging the foreign exchange market and Libor interest rates.
20 May 2015, 18:00 PM

Renault seeks to conquer India with budget car

Renault launched its first budget car developed specially for India on Wednesday, seeking to expand its foothold in the huge but highly competitive market.
20 May 2015, 18:00 PM

Lafarge chief gets 2.5m euro merger bonus as cement company cuts jobs

Lafarge chief executive Bruno Lafont has been awarded a 2.5 million euro ($2.8 million) bonus for the successful merger with Swiss rival Holcim as the cement company announced job cuts.
20 May 2015, 18:00 PM

M&S posts first annual profit rise in four years

Britain's Marks and Spencer on Wednesday revealed the first increase in annual profits in four years in a turnaround under chief executive Marc Bolland, partly thanks to "outstanding" food sales.
20 May 2015, 18:00 PM

Apple, Android app makers cool to Microsoft overtures

Microsoft's plan to make its new version of Windows a mobile hit by letting it accept tweaked Apple and Android apps has met an obstacle: some of the software developers the company needs to woo just aren't interested.
20 May 2015, 18:00 PM

German banks seek way to turn around weak profits

Germany's nearly 1,800 banks are being forced to rethink their business models in the face of persistently low level of interest rates and weak profitability.
20 May 2015, 18:00 PM

Turkey auto workers strike hits Ford

One of the biggest strikes in the Turkish automobile sector in recent times showed no sign of letting up Wednesday, with Ford the latest producer to be hit.
20 May 2015, 18:00 PM

Record fines for currency market fix

Five of the world's largest banks are to pay fines totalling $5.7bn (£3.6bn) for manipulating the foreign exchange market, US officials say.
20 May 2015, 14:39 PM

Indonesia holds interest rates despite slowing growth

Indonesia's central bank held its key interest rate steady on Tuesday for the third consecutive month despite slowing growth in Southeast Asia's biggest economy.
19 May 2015, 18:00 PM

Falling growth hurts German investor sentiment

Investor sentiment in Germany is at its lowest level in five months after weaker-than-expected growth in the first quarter begins to deflate exaggerated expectations for Europe's biggest economy, data showed on Tuesday.
19 May 2015, 18:00 PM

UK inflation turns negative for first time since 1960

Britain's annual inflation rate sank into negative territory last month for the first time in more than half a century, official data showed on Tuesday.
19 May 2015, 18:00 PM

Greece in final stretch of troubled loan talks

Greece on Monday entered the final stretch of tortuous talks with its international creditors on a bankruptcy-saving loan deal, with the government calling for a breakthrough by the end of the month.
19 May 2015, 18:00 PM

Vodafone sees net profits tumble

Vodafone's annual net profits slumped dramatically but the performance was skewed by the sale of its stake in Verizon Wireless, the British company said Tuesday.
19 May 2015, 18:00 PM

ILO says only one-fourth of the world's workers have solid jobs

Only a fourth of the world's workforce have stable contracts, leading to growing job insecurity, a UN report said Tuesday.
19 May 2015, 18:00 PM

Alibaba says Kering lawsuit alleging fakes is baseless

Chinese e-commerce giant Alibaba on Monday denounced as baseless a lawsuit by French apparel company Kering Group, whose luxury brands include Gucci, which accused it of selling fake products.
18 May 2015, 18:00 PM

India seeks to speed up foreign deals with one-stop shop

The finance ministry, seeking to speed up deals with outside investors, is set to take full control of the oversight of more than $40
18 May 2015, 18:00 PM

Amid China slowdown, foreign creditors face bankruptcy riddle

As China's economy slows and Beijing becomes more relaxed about letting its companies fail, a rising number of foreign bondholders risk being caught up in the country's unpredictable court system.
18 May 2015, 18:00 PM

Modi urges S Korea firms to grasp investment opportunities in India

Indian Prime Minister Narendra Modi called on South Korea to be a "leading partner" in his country's economic modernisation as he talked up investment opportunities at the start of a two-day visit Monday.
18 May 2015, 18:00 PM

Toyota City: symbol of Japan's auto rise

Toyota City stands as a testament to the meteoric rise of its namesake, now the world's biggest carmaker with record profits and sales of more than 10 million cars globally last year.
17 May 2015, 18:00 PM