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June 4, 2015
US-Obama-and-China-Jinping

Although China's membership does not appear to be imminent, Obama's comments raise the prospect that the trans-Pacific deal could... More ››

June 4, 2015
Recalled-Beats

SAN FRANCISCO: Apple on Wednesday announced it is recalling Beats Pill XL wireless speakers because of danger batteries might... More ››

June 4, 2015
opec

VIENNA: The OPEC cartel, which meets on output this week, appears to have changed its approach to US shale... More ››

June 3, 2015
bank-negara

KUALA LUMPUR: Bank Negara said it would finalise operating standards for all major Islamic finance contracts by the end... More ››

June 3, 2015
softbank

TOKYO: Japanese mobile carrier SoftBank said Wednesday it would invest $1.0 billion in South Korea’s biggest online retailer Coupang,... More ››

June 3, 2015
hoyts

BEIJING: Wanda Cinema Line Corp , a unit of China’s leading property developer Dalian Wanda Group, said it would... More ››

June 3, 2015
greece_1_600

ATHENS: Greece will not make a June 5 loan repayment to the International Monetary Fund if there is no... More ››

June 3, 2015
microsoft

SAN FRANCISCO: Microsoft on Tuesday said that it has bought 6Wunderkinder GmbH, a Berlin-based startup behind the Wunderlist to-do... More ››

June 3, 2015
IMF

WASHINGTON: Some countries with high public debt levels might be able to “just live with it,” because cutting back... More ››

June 2, 2015
fiat

DETROIT: Fiat Chrysler Automobiles in the past year has delayed the redesign or release of at least a dozen... More ››

June 2, 2015
asian

TOKYO: The dollar ascended to a new 12-1/2-year peak against the yen on Tuesday, while Asian shares fell for... More ››

June 2, 2015
oil

SINGAPORE: Crude oil prices stabilized on Tuesday due to firm demand after dipping in early trade on expectations that... More ››

June 2, 2015
euro

NEW YORK: The US dollar gained on Monday after a round of economic data kept expectations alive for an... More ››

June 2, 2015
hsbc

HSBC Holdings Plc (HSBA.L) is planning to cut thousands of jobs globally and is set to make an announcement... More ››

June 1, 2015
windows10

NEW YORK: Microsoft on Monday announced that the latest version of its Windows operating system will be available July... More ››

June 1, 2015
nvidia

TAIPEI: Chipmaker Nvidia Corp said it expects cloud computing revenue to hit $1 billion in the next two to... More ››

June 1, 2015
Oil_Prices

HONG KONG: Oil prices fell on Monday following healthy gains at the end of last week, while there are... More ››

June 1, 2015
Morgan-Stanley5_600

SINGAPORE: US bank Morgan Stanley said that prices could fall in the second half of the year, although it... More ››

June 1, 2015
china-factory3

BEIJING: China’s manufacturing index hit a six-month high in May, with production picking up and demand increasing, official data... More ››

June 1, 2015
greece

LONDON: Years of uncertainty and economic pain spent keeping Greece in the euro zone boils down in June to... More ››

June 1, 2015
opec

VIENNA: OPEC is likely to keep its output target unchanged when it meets on Friday because the global oil... More ››

May 31, 2015
money

NEW YORK: Global equity markets and bond yields both fell on Friday, as data showed the US economy contracted... More ››

May 31, 2015
oil

NEW YORK: Crude oil prices jumped almost 5 percent on Friday, their biggest rally in 1-1/2 months, as a... More ››

May 30, 2015
rupiah

SINGAPORE: The double whammy of a slumping currency and rising hedging costs is denting the appeal of overseas financings... More ››

May 30, 2015
intel

NEW YORK: Intel Corp has resumed negotiations to buy smaller chip maker Altera Corp and is close to a... More ››

May 30, 2015
skymark

TOKYO: Japan’s failed budget carrier Skymark Airlines Inc submitted a restructuring plan for court approval on Friday despite opposition... More ››

May 30, 2015
Snapchat-Logo

SAN FRANCISCO: Snapchat on Friday informed US regulators that it has raised $537 million in a new round of... More ››

May 30, 2015
Charoen-Sirivadhanabhakdi

HONG KONG/BANGKOK: Thai billionaire Charoen Sirivadhanabhakdi is considering buying cognac maker Louis Royer, people familiar with the matter said,... More ››

May 29, 2015
sukuk

Sukuk issuance by governments around the world is expanding, helping to bring Islamic finance into the mainstream. But in... More ››

May 29, 2015
Ahmad-Husni-Hanadzlah_1mdb_

The amount will be used to repay a $975 million loan to the syndicate in advance of the due... More ››

May 29, 2015
usa

Raising interest rates in 2015 would risk signaling to financial markets that the Federal Reserve is not committed to... More ››

May 29, 2015
wall

US stocks eased on Thursday as mixed messages about Greece’s debt talks kept investor uncertainty high along with a... More ››

May 29, 2015
asia-economy

JAKARTA: A slide in the Philippines’ economic growth to its weakest in three years wraps up a slew of... More ››

May 29, 2015
oil_pump

NEW YORK: Oil prices rose modestly on Thursday after a mixed US petroleum report showed declines in crude and... More ››

May 29, 2015
android-pay

SAN FRANCISCO: Google on Thursday unveiled its pay-with-a-phone system for Android devices, ramping up its challenge to Apple in... More ››

May 29, 2015
airbus

TOULOUSE: Airbus is considering increasing production of its medium-haul single-aisle A320 family of aircraft by nearly a third from... More ››

May 28, 2015
air-asia

In one sign of AirAsia's increasingly inefficient deployment of its assets in its expansion across Southeast Asia, return on... More ››

May 28, 2015
apple

CBS Corp (CBS.N) CEO Leslie Moonves met with Apple Inc (AAPL.O) last week to discuss a TV deal, he... More ››

May 28, 2015
g7

DRESDEN: G7 ministers and central bank heads convened on Wednesday to discuss how to revive global growth and China’s... More ››

May 28, 2015
airbus

AMSTERDAM: Airbus Group (AIR.PA) faced down a revolt by government shareholders over a board appointment and invited its chief... More ››

May 27, 2015
The Citibank logo is pictured at its Nicaragua headquarters in Managua

LONDON: European banks Deutsche Bank, Barclays and UBS have seen their market share in foreign exchange trading slump in... More ››

May 27, 2015
greece-debt

ATHENS: The Greek government, struggling to keep up its debt repayments, announced on Tuesday that any dormant public sector... More ››

May 27, 2015
Snapchat-Logo

CALIFORNIA: Snapchat CEO Evan Spiegel said on Tuesday the company plans to have an initial public offering but did... More ››

May 27, 2015
us-dollar

NEW YORK: The US dollar rallied on Tuesday after a string of healthy economic data boosted near-term rate hike... More ››

May 27, 2015
aer-lingus

DUBLIN: The Irish government is to sell its 25-percent stake in flag carrier Aer Lingus to International Airlines Group... More ››

May 27, 2015
bank-foreign

NEW YORK: US regulators fined Deutsche Bank $55 million Tuesday for misstating important financial data on loss risks during... More ››

May 26, 2015
china-yuan

BEIJING: China’s yuan currency, which Washington has long alleged was manipulated, is “no longer undervalued”, the International Monetary Fund... More ››

May 26, 2015
oil-price

SINGAPORE: Crude oil prices were broadly unchanged in early trading on Tuesday, as firm demand supported and ample supply... More ››

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