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

India learns to 'fail fast' as tech start-up culture takes root

After ping pong tables, motivational posters and casual dress codes, India's tech start-ups are following Silicon Valley's lead and embracing the "fail fast" culture credited with fuelling creativity and success in the United States.
14 May 2015, 18:00 PM

Solar-powered ATMs to deliver clean drinking water in Pakistan

Punjab province is set to launch an innovation for water-short Pakistan: Solar-powered ATMs that dispense clean water when a smart card is scanned.
14 May 2015, 18:00 PM

Toyota, Nissan recall 6.5m cars globally over exploding airbag fears

Japanese auto giants Toyota and Nissan on Wednesday said they were recalling 6.5 million vehicles globally in the latest chapter of an exploding airbag crisis linked to several deaths.
13 May 2015, 18:00 PM

HSBC subsidiary announces sale of 10pc stake in Chinese bank

Hang Seng Bank, a Hong Kong-based subsidiary of British banking giant HSBC, on Tuesday announced the sale of a 10 percent stake in China's Industrial Bank in a transaction that could be worth $4.74 billion.
13 May 2015, 18:00 PM

China April economic data at multi-year lows

Multiple Chinese economic indicators missed expectations Wednesday, with consumption and investment growth figures falling to multi-year lows, underlining sluggish momentum in the world's second-largest economy.
13 May 2015, 18:00 PM

Foreign investor group mulls Supreme Court challenge to India MAT tax

A Hong Kong-based lobby group representing global banks and investors is considering challenging a controversial tax in India's Supreme Court, escalating a row that has eroded investor confidence in Prime Minister Narendra Modi's government.
13 May 2015, 18:00 PM

Foreign investor group mulls Supreme Court challenge to India MAT tax

A Hong Kong-based lobby group representing global banks and investors is considering challenging a controversial tax in India's Supreme Court, escalating a row that has eroded investor confidence in Prime Minister Narendra Modi's government.
13 May 2015, 18:00 PM

Oil glut worsens as Opec market-share battle just beginning

A global oil glut is building as Opec kingpin Saudi Arabia pumps near record highs in an attempt to win a market-share battle against stubbornly resistant US shale production, the International Energy Agency (IEA) said on Wednesday.
13 May 2015, 18:00 PM

India's small infrastructure firms turn to market as banks lag

India's smaller infrastructure firms are turning to share sales to fund new projects, cashing in on a boom in the country's stock market just as banks have scaled back on credit due to rising bad loans and slowing earnings growth.
12 May 2015, 18:00 PM

Apple in talks with Alibaba over Apple Pay in China

Apple Inc is in talks with Chinese banks and Alibaba Group Holding Ltd on launching the firm's mobile payments system in China, Chief Executive Tim Cook told the official Xinhua news agency in an interview published on Tuesday.
12 May 2015, 18:00 PM

Greece taps reserves to pay IMF loan

Greece was forced to tap into an emergency account to make a debt interest payment to the International Monetary Fund (IMF), it has emerged.
12 May 2015, 18:00 PM

Asia hit hard as Australia slashes foreign aid budget

Australia has slashed its foreign aid budget by almost Aus$1.0 billion (US$800 million) with Asian and African countries bearing the brunt, according to budget papers released Tuesday.
12 May 2015, 18:00 PM

Telenor names Brekke new CEO as Baksaas retires

Telenor ASA named Sigve Brekke as new chief executive officer to replace retiring Jon Fredrik Baksaas as the carrier expands its business in fast-growing Asia.
12 May 2015, 18:00 PM

ADB to finance $6b for infrastructure projects in Pakistan

The Asian Development Bank on Tuesday approved a $6 billion loan to help build up Pakistan's dilapidated power network and other key infrastructure, Islamabad said.
12 May 2015, 18:00 PM

Alibaba's special service for healthcare goods

Chinese online shopping giant Alibaba Group Holding Ltd is rolling out a three-hour delivery service for healthcare goods, mimicking rival JD.com Inc.
12 May 2015, 18:00 PM

Australia targets multinationals in tax crackdown

Australia Monday announced plans to go after large multinational firms shifting profits offshore to minimise taxes, with 30 companies in the government's sights.
11 May 2015, 18:00 PM

Chinese smartphone market, world's largest, shrinks

China's smartphone market has reached saturation, according to a new study by industry analyst IDC that carries potentially
11 May 2015, 18:00 PM

Unpopular tax hands fresh ammo to Malaysia PM's foes

An unpopular new consumption tax has handed fresh ammunition to critics of Malaysia's embattled prime minister, with angry consumers complaining it has sent some prices surging, and economists warning it could harm growth.
11 May 2015, 18:00 PM

Russia bars potato from Bangladesh

Russia has temporarily stopped importing potatoes from Bangladesh due to food safety and disease risks, a senior official said yesterday.
11 May 2015, 18:00 PM

Citigroup says sued by Argentina

Citigroup said Monday it had been sued by Argentina and that some employees could face criminal charges there due to a court battle between Argentina and US hedge funds.
11 May 2015, 18:00 PM