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Exporters seek wider use of UK trade scheme
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Global physical crude markets mired in discounts as Middle East ramps up supply
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US gasoline prices tumble for sixth straight week
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Malaysia PM calls for China's help with fiscal problems
Malaysian Prime Minister Mahathir Mohamad called on China's top leadership Monday to help solve his country's fiscal problems, as he tries to revise major Beijing-backed projects signed under his scandal-plagued predecessor.
20 August 2018, 18:00 PM
'Everything's business': Rohingya crisis offers earning opportunity
Captain Min Min, a Buddhist from Myanmar, looks on as a stream of Muslim Rohingya labourers zig-zag up narrow gangplanks hauling sacks of ginger from his boat onto Bangladeshi soil -- one of many seizing the economic opportunities presented by a refugee crisis.
20 August 2018, 18:00 PM
Greeks rebuild lives after debt crisis wrecked dreams
In 2010, Panagiota Kalliakmani had just secured her chemistry degree and dreamed of going into research. Then the Greek economic crisis struck.
20 August 2018, 18:00 PM
US firms warn next China tariffs to cost Americans from cradle to grave
A broad cross-section of US businesses has a message for the Trump administration: new tariffs on $200 billion of Chinese imports will force Americans to pay more for items they use throughout their daily lives, from cradles to coffins.
20 August 2018, 18:00 PM
Apple removes illegal lottery apps from China store
Apple Inc says it has pulled illegal lottery apps from its App Store in China amid tightening regulation and a barrage of criticism from state media.
20 August 2018, 18:00 PM
Euro zone limping as global trade war escalates
More evidence that euro zone growth has slowed this year is likely to be seen on Thursday, when surveys are expected to show an escalating global trade war is hurting producers.
19 August 2018, 18:00 PM
Trump backs CEOs, proposes easing corporate reporting rules
US President Donald Trump asked securities regulators to explore replacing quarterly reporting requirements with half-yearly filings at the urging of executives including PepsiCo Chief Executive Indra Nooyi, reigniting a debate about how often companies should give
19 August 2018, 18:00 PM
Walmart asks beauty suppliers to consider sourcing outside China
Walmart Inc has asked some beauty suppliers to consider sourcing products from outside China, as it looks for ways to mitigate the impact of a new set of tariffs on Chinese products proposed by the Trump administration.
19 August 2018, 18:00 PM
Iran says no Opec member can take over its share of oil exports
Iran told Opec on Sunday no member country should be allowed to take over another member's share of oil exports, expressing Tehran's concern about Saudi Arabia's offer to pump more oil in the face of US sanctions on Iranian oil sales.
19 August 2018, 18:00 PM
Falling rupee a double-edged sword for economy: analysts
India's rupee hit fresh record lows Thursday amid warnings that benefits to exporters from a weaker currency would be offset by the higher price paid by Asia's third-largest economy for oil.
19 August 2018, 18:00 PM
If rupee slump persists, it can hurt Modi
The rupee's plunge to a record low has worried a wide cross-section of India's society: companies, importers, those going on vacation and students planning to study overseas.
16 August 2018, 18:00 PM
Walmart e-commerce and comparable sales jump
Walmart Inc on Thursday reported a 40 percent rise in US e-commerce sales during the second quarter, faster than the previous quarter's 33 percent advance.
16 August 2018, 18:00 PM
Trump's latest boost to the dollar: US-Turkey spat
US President Donald Trump has repeatedly called for a weaker US dollar in a bid to help US exporters, but his recent trade policies, including the imposition of import tariffs on some Turkish goods, have had the opposite effect of strengthening the greenback.
16 August 2018, 18:00 PM
UK retail sales shine on heatwave, World Cup
British retail sales rebounded in July, official data showed Thursday, as the food sector won a major boost from sunny weather and the World Cup.
16 August 2018, 18:00 PM
US banks teach financial literacy with hands-on experience
Last year, Abbey Jones' high school routine had a twist. For 45 minutes each week, she became one of 15 student tellers at the Community Spirit Bank branch at Red Bay High School in Red Bay, Alabama.
16 August 2018, 18:00 PM
Hong Kong spends $2b to defend currency peg
Hong Kong's de facto central bank said Thursday it had bought up more than US$2 billion worth of local currency to maintain a long-held peg to the US dollar.
16 August 2018, 18:00 PM
Japan's trade surplus with US slumps in July
Japan's politically sensitive trade surplus with the United States shrank sharply in July, according to official data published Thursday, as
16 August 2018, 18:00 PM
Japan, South Korea steel exports to India surge on tariffs, high-end demand
India is being hit by a wave of steel from producers in Japan and South Korea, a government document showed, as mills there redirect supply after US President Donald Trump slapped an import duty on the alloy earlier this year.
16 August 2018, 18:00 PM
India's oil import bill soars on rupee fall
The sharply falling value of the Indian rupee vis-a-vis the US dollar will push up the country's crude oil import bill by about $16 billion in the 2018-19 financial year, officials said yesterday.
16 August 2018, 18:00 PM
Indonesia central bank hikes rates as Turkey crisis bites
Indonesia's central bank hiked interest rates Wednesday in a bid to shield the slumping rupiah from a selloff in emerging market currencies as Turkey's financial crisis roils global markets.
15 August 2018, 18:00 PM