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German firms optimistic for 2018, worker shortage main brake

More than half of Germany's industry associations have shrugged off worries about U.S. protectionist policies and Brexit, and are more positive about their situation than they were a year ago, a survey showed on Wednesday.
27 December 2017, 18:00 PM

Cambodia sends maids to HK to plug gap after abuse scandals

Cambodia sent its first batch of maids to work in Hong Kong on Wednesday as the Asian financial hub scrambles to meet growing demand for domestic helpers after a series of abuse scandals.
27 December 2017, 18:00 PM

Apple faces lawsuits after saying it slows down aging iPhones

APPLE Inc defrauded iPhone users by slowing devices without warning to compensate for poor battery performance, according to eight lawsuits filed in various federal courts in the week since the company opened up about the year-old software change.
27 December 2017, 18:00 PM

Vietnam's economy grows at fastest rate in a decade

Vietnam's economy grew 6.81 percent this year -- its strongest rate for a decade -- thanks in part to surging exports, data showed Wednesday.
27 December 2017, 18:00 PM

China Inc braces for testing 2018 as profit growth slows to seven-month low

Earnings at China's industrial firms grew at their slowest pace in seven months in November, as demand and producer price gains eased in further confirmation of ebbing growth in the world's second-largest economy.
27 December 2017, 18:00 PM

Armenia looks to solar energy to move out of Russia's shadow

Landlocked and poor, Armenia has long relied on Russia for its energy needs, but the government is hoping to reduce that dependence by tapping a resource that is plentiful in the region: the sun.
27 December 2017, 18:00 PM

Signs point to strong US shopping season

Americans shopped with greater gusto at malls and online this holiday season amid a strong labor market and cold winter weather, retail sales experts said Tuesday.
27 December 2017, 18:00 PM

Bangladesh again denied GSP

Bangladesh's trade privilege in US markets has been again denied as President Donald Trump's administration goes on to enforce the trade preference programme's eligibility this week.
27 December 2017, 18:00 PM

China's trade with North Korea edges up in November

China's trade with North Korea edged up to $388 million in November but remained around its lowest levels this year, data showed on Saturday, as tough sanctions continue to slow business with its isolated neighbour.
23 December 2017, 18:00 PM

Ukraine, Russia both claim win in gas dispute

Ukraine and Russia on Friday both claimed victory after arbitration aimed at settling a ferocious dispute over a 2009 energy contract.
23 December 2017, 18:00 PM

Bitcoin falls 30pc, posts worst week since 2013

Bitcoin plunged by 30 percent to below $12,000 on Friday as investors dumped the cryptocurrency after its sharp rise to a peak close to $20,000 prompted warnings by experts of a bubble.
23 December 2017, 18:00 PM

US tax reform promises big income boost for German carmakers

German carmakers Daimler and BMW said Friday a new sweeping US tax reform giving major breaks to corporations will add hundreds of millions of euros to their 2017 earnings.
23 December 2017, 18:00 PM

Trump signs tax, govt spending bills into law

US President Donald Trump signed Republicans' massive $1.5 trillion tax overhaul into law on Friday, cementing the biggest legislative victory of his first year in office, and also approved a short-term spending bill that averts a possible government shutdown.
23 December 2017, 18:00 PM

Singapore firm to pay $422m in corruption fines

Singapore's Keppel Offshore & Marine Ltd (KOM) has agreed to pay $422 million in fines to the US, Brazil and Singapore to settle bribery cases involving Brazilian contracts, US officials said Friday.
23 December 2017, 18:00 PM

German consumers to start new year in high spirits

German consumers' festive mood will continue into the new year, a closely-watched survey said Friday, as shoppers remain unfazed by a political impasse in Europe's purring top economy.
23 December 2017, 18:00 PM

Energy prices bump key US inflation index up in Nov

Rising prices for energy and other goods nudged a closely watched measure of US inflation a little higher in November, according to new data published Thursday.
23 December 2017, 18:00 PM

Runner eyes more of Nepalese bike market

Runner Automobiles has beefed up its marketing efforts in Nepal in a bid to capture 15 percent of the growing motorcycle market in
19 December 2017, 18:00 PM

Danish robot maker enters Bangladesh

Universal Robots, the leading manufacturer of advanced and lightweight collaborative robotic arms, started its operations in Bangladesh yesterday.
19 December 2017, 18:00 PM

Be partners for common prosperity: PM to Cambodian entrepreneurs

Prime Minister Sheikh Hasina calls upon the business community of Cambodia to explore all the avenues to do business in Bangladesh, aiming to be partners in the quest for prosperity of the two nations.
4 December 2017, 11:56 AM

EU car sales rev up despite Brexit and 'dieselgate'

Car sales returned to growth in Europe last month, the latest industry data showed on Thursday, but that Brexit and the so-called dieselgate scandal are making their impacts felt.
16 November 2017, 18:00 PM