Oil rose towards $52 a barrel on Wednesday, hitting its highest since June, supported by an industry report that U.S. inventories probably fell for a fifth straight week and Opec's deal to cut supply.

BRITAIN'S shock decision to leave the European Union will not be as damaging to developing Asia's economies as feared, the World Bank said Wednesday as it increased its growth forecast for the region this year.

Diamonds glitter in the display cases of Saddam al-Yafae's shop, but the business has lost its sparkle.

Google took on rivals Apple, Samsung and Amazon in a new push into hardware Tuesday, launching premium-priced Pixel smartphones and a slew of other devices showcasing artificial intelligence prowess.

Thousands of workers rallied Thursday in the Indonesian capital Jakarta against a controversial government scheme to raise revenues that, critics claim, has allowed wealthy tycoons to avoid paying tax.

Thailand is cracking down on migrant workers from neighbouring countries, saying they are "stealing jobs from Thais", amid fears that anti-immigrant sentiment is rising as Southeast Asia's second-largest economy stagnates.

Heavy machinery whirrs and clanks on the factory floor of precision metalworking firm Robert Bion & Co, where a planned three-meter robotic arm would have been speeding up output by now, if Britain had not voted to leave the European Union.

Novoair has come up with a new offer under which the cardholders of leading private banks can make payments for their trip to Yangon in Myanmar in six instalments with zero interest.

Germany risks becoming the world's biggest cash machine after Brexit because it may end up paying for a failing European Union that is in danger of imploding, Britain's trade minister said on Thursday.

Alarmed by the threat posed by Silicon Valley firms to their businesses in developing autonomous driving systems, it was evident at the Paris Motor Show this week that carmakers are seeking to fight back by cooperating in areas of technology development where previously they might have tried to compete.

Samsung Electronics Co Ltd, the world's biggest smartphone maker, said on Thursday more than 1 million people globally are now using Galaxy Note 7 smartphones with batteries that are not vulnerable to overheating and catching fire.

The world's largest maker of diabetes treatments, Novo Nordisk, said Thursday it was cutting 1,000 jobs worldwide to cut costs as it faces price pressure in the United States.

An Indonesian power company said Wednesday it had removed its founders last year and takes seriously allegations of "improper behaviour" after revelations US justice officials are probing Standard Chartered over suspected bribery at the firm.

The FBI is negotiating with a former branch manager of a Philippines bank for information relating to $81 million that she handled after it was stolen from the Bangladesh central bank's account at the New York Federal Reserve, her lawyer said.

Wal-Mart Stores Inc is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, two sources familiar with the matter said, as the world's biggest retailer aims to get a slice of a fast-growing online retail market.

Pakistan is set to launch $500 million in Islamic bonds to raise money for its foreign exchange reserves, a senior official said Wednesday, as a three-year IMF bailout package nears a close.

Opec might still agree an oil output-limiting deal later this year as the economic problems of its de-facto leader Saudi Arabia force Riyadh to cede more ground to arch-rival Iran.

A seminar on e-government procurement will be held at the NEC Auditorium in Sher-e-Bangla Nagar in the capital today, according to a statement.

Canada approved on Tuesday a massive Can$36 billion ($27 billion USD) project by Malaysia's Petronas to build a liquefied natural gas pipeline along its Pacific Northwest coast, targeting Asian markets.

A Kuwaiti court on Wednesday ordered the government of the oil-rich Gulf state to abolish an increase in petrol prices nearly one month after it took effect.