US refuses to extend North America trade pact in current form
AFP, Washington
2 July 2026, 13:41 PM Business
Record $35.5 billion remittance came in FY26
Star Business Report
1 July 2026, 17:46 PM Business
World Bank to phase out lending to China by 2031
AFP, Washington
1 July 2026, 12:23 PM Business
Sri Lanka reduces fuel prices after Middle East ceasefire
AFP, Colombo
30 June 2026, 11:51 AM Business
US dollar rate rises amid June-end payment pressure
Star Business Report
29 June 2026, 21:42 PM Business
'One-time opportunity': South Korea bets big on AI boom
AFP, Seoul
29 June 2026, 12:50 PM Business
Oil climbs following renewed US, Iran strikes in Middle East
Reuters, Singapore
29 June 2026, 12:48 PM Business

For some Nordic banks, boring may be better than bonuses

Just seven months ago, Sweden's Handelsbanken was worth almost $20 billion less than Deutsche Bank. This month, it eclipsed Germany's flagship lender.
21 February 2016, 18:00 PM

Nestle Asia works to restore India revenue after noodle ban

The head of Nestle's Asian business is hoping to restore revenue in India within three years to levels preceding the recall of its Maggi instant noodles from the market last year over a health scare, newspaper Schweiz am Sonntag reported.
21 February 2016, 18:00 PM

Azerbaijan refuses to freeze oil production levels

Energy-rich Azerbaijan refused Tuesday to join global producers Saudi Arabia and Russia in freezing crude output to prevent a further slide in oil prices.
17 February 2016, 18:00 PM

Fed official calls for breaking up big banks

A Federal Reserve regional president called Tuesday for the dismantlement of big banks whose failure could pose serious risk to the global financial system.
17 February 2016, 18:00 PM

With recession lights amber, brittle markets vulnerable to all shocks

Financial markets that predicted eight of the last six recessions may be yet be wrong again, but market stress itself is now part of the calculus and leaves the world more open to left-field shocks.
17 February 2016, 18:00 PM

US industrial production rebounds in January

US industrial production rebounded in January from a three-month slowdown as cold winter weather pushed up utility demand, the Federal Reserve reported Wednesday.
17 February 2016, 18:00 PM

Iran starts talks on oil output levels

Iran's oil minister started talks Wednesday with his Iraqi, Venezuelan and Qatari counterparts as investors watched whether Tehran would follow Saudi Arabia and Russia's pact to freeze output.
17 February 2016, 18:00 PM

British jobless rate holds at ten-year low

Britain's unemployment rate remains at its lowest level in a decade, official data showed on Wednesday.
17 February 2016, 18:00 PM

Obama announces measures to deepen economic ties with SE Asia

US President Barack Obama on Tuesday announced a package of measures designed to boost Southeast Asian economies, betting that the fast-growing region can be an ever more important trade partner.
17 February 2016, 18:00 PM

Airbus, Boeing win billion-dollar deals at Asia air expo

AIRBUS and Boeing announced billion-dollar deals at Asia's largest airshow in Singapore Wednesday, underscoring the region's role as a driver of industry growth despite greater caution among plane buyers.
17 February 2016, 18:00 PM

Nissan to build cars in Myanmar for first time

JAPANESE auto giant Nissan will start assembling cars in Myanmar for the first time this year, the company said Wednesday, as it expands its presence in one of Asia's final economic frontiers.
17 February 2016, 18:00 PM

Four oil producing nations agree to freeze output

Saudi Arabia, Russia, Qatar and Venezuela have agreed to freeze their oil output at January levels if other producers follow suit.
16 February 2016, 11:47 AM

China yuan surges after central bank chief's comments

China's yuan currency surged more than one percent against the dollar on Monday, its biggest rise in over a decade, after the central bank chief said there was no reason the beleaguered unit should fall further.
15 February 2016, 18:00 PM

Bundesbank sees German growth picking up in Q1

German economic growth could pick up again modestly in the first three months of 2016, driven by robust domestic demand, the country's national central bank said on Monday.
15 February 2016, 18:00 PM

Japan economy shrinks

Japan's economy contracted in the last quarter of 2015, official data showed Monday, dealing another blow to Prime Minister Shinzo Abe's faltering bid to boost growth.
15 February 2016, 18:00 PM

Thai growth accelerates in 2015 but economy remains fragile

Thailand's economic growth accelerated in 2015, official figures showed Monday, after the junta boosted spending to pump up an economy that has wilted amid years of political turmoil.
15 February 2016, 18:00 PM

HSBC bank stays in London, snubbing Hong Kong

EUROPE'S largest bank HSBC informed the financial markets on Monday it would remain headquartered in Britain, rejecting a move to Hong Kong despite concerns about increased regulation in the UK.
15 February 2016, 18:00 PM

China exports, imports slump in January

CHINESE trade slumped in January, authorities said Monday, as both exports and imports tumbled with feeble domestic and global demand dragging on the world's second-largest economy.
15 February 2016, 18:00 PM

Thousands march in Brussels against cheap Chinese steel imports

THOUSANDS of European steelmakers descended on the EU capital Brussels on Monday demanding that officials do more to stop the flood of cheap imports from China.
15 February 2016, 18:00 PM

Shell pursues transition plan after sealing $53b BG deal

Royal Dutch Shell on Monday sealed the $53 billion (36 billion pounds) acquisition of British rival BG Group to form the world's top
15 February 2016, 18:00 PM