Germany wants wider trade talks with US even if tariffs hit

Germany on Monday dampened hopes that an exemption from US tariffs on steel and aluminum could be extended for European Union countries, but called for trade negotiations to continue regardless of whether the levies are applied.
30 April 2018, 18:00 PM

Banks push back Bank of England rate forecasts

Banks have pushed out their predictions for when the Bank of England will raise interest rates after data last week showed a sharp and unexpected slowdown in Britain's economic growth.
30 April 2018, 18:00 PM

Brussels begins big battle on post-Brexit budget

The EU will this week unveil its first formal plans for a larger, one-trillion-euro-plus long-term budget after Britain's departure, which threaten to further deepen divisions in the bloc.
30 April 2018, 18:00 PM

Japan, UAE agree to expand cooperation during Abe's visit

Japan and its top trade partner in the Middle East, the United Arab Emirates, agreed on Monday to expand economic, political and defence cooperation.
30 April 2018, 18:00 PM

US Fed faces new challenge: a world without labour ‘slack’

Business is coming in so fast and workers are in such high demand at AOW Associates Inc, an Albany, New York-based construction firm, that its chief financial officer hired a guy six weeks ago for a job that didn't exist.
30 April 2018, 18:00 PM

US treasury chief cautiously optimistic on China trade talks

US and Chinese officials will hold highly anticipated trade talks in China on Thursday and Friday, US Treasury Secretary Steven Mnuchin
30 April 2018, 18:00 PM

T-Mobile, Sprint say $26b deal would give US tech lead over China

T-Mobile US Inc and Sprint Corp said on Sunday they had agreed to a $26 billion all-stock deal and believed they could win over
30 April 2018, 18:00 PM

Strong Asian demand continues to hold up thermal coal markets

Asian thermal coal demand is defying its typical seasonal slowdown as well as the expanding use of renewables and natural gas, with prices holding not far off $100 a tonne despite the onset of the usual lull at this time of year.
29 April 2018, 18:00 PM

Saudi king launches building of entertainment mega-park

Saudi Arabia's King Salman has launched construction of an "entertainment city" near Riyadh, part of a series of multi-billion dollar projects aimed at helping the oil-dependent kingdom diversify its economy.
29 April 2018, 18:00 PM

US judge temporarily blocks Xerox takeover by Fujifilm

A US judge late Friday temporarily blocked the planned takeover of US photocopy maker Xerox by Japan's Fujifilm, saying the deal prioritized the interests of the Xerox CEO over that of the company's shareholders.
29 April 2018, 18:00 PM

EU digital tax on corporate turnover faces uphill road

A European Commission plan to tax the digital turnover of large companies drew scepticism on Saturday from the global rule-setting body on tax matters and some EU states, which called instead for an international solution.
29 April 2018, 18:00 PM

US Fed to hold fire amid rising market sensitivity

Markets do not expect the US Federal Reserve to raise interest rates this week, as policymakers take time to assess how much pressure is building in world's largest economy.
29 April 2018, 18:00 PM

Saudi Aramco appoints first woman to the board

Saudi Aramco, the world's top oil company which is preparing to go public, said on Sunday it has appointed new members to its board including a female executive, a milestone for Saudi Arabia and the oil industry where there are few women executives.
29 April 2018, 18:00 PM

Nokia sees weak first half

Network equipment maker Nokia posted weaker than expected quarterly profits as telecom operators, particularly in North America, held off spending, but the company sees momentum building later in the year.
26 April 2018, 18:00 PM

Facebook's future could look like Microsoft's past

Facebook's future could look like Microsoft's past. Tumbling valuations and regulatory attacks crushed the shares of Bill Gates'
26 April 2018, 18:00 PM

Singapore factory output up 5.9pc

Singapore's industrial production grew slightly more than expected in March from a year earlier as electronics output continued to show strong growth, data showed on Thursday.
26 April 2018, 18:00 PM

EU moves to regulate tech giants' business practices

Tech giants including Google, Apple and Amazon will for the first time face rules governing their commercial relations with smaller businesses under a law proposed by the European Union on Thursday.
26 April 2018, 18:00 PM

Volkswagen sees 'good start' to 2018 despite slip in profits

German car giant Volkswagen on Thursday reported a drop in profits but nonetheless said strong sales got the year off to "a good start", as new CEO Herbert Diess pushes on with a post-dieselgate revamp of the behemoth.
26 April 2018, 18:00 PM

China warns US against causing damage to trade in Huawei probe

China warned the United States on Thursday against harming trade after a report that US authorities had opened an investigation into suspected violations of Iran sanctions by China's Huawei Technologies.
26 April 2018, 18:00 PM

China’s economic fundamentals are strong

China's economic fundamentals are strong and the country has sufficient policy tools to guard against systemic risks, People's Bank of China Governor Yi Gang said on Saturday, according to Xinhua.
22 April 2018, 18:00 PM