Apple event expected to focus on iPhones, TV

Apple is expected to unveil updated iPhones Wednesday along with an Apple TV revamp that may signal a push into online television streaming dominated by Netflix.
6 September 2015, 18:00 PM

G20 charts careful course in turbulent economic waters

Warily watching economic clouds gathering in China and the possibility of an end to zero interest rates in the United States, G20 leaders steered a careful course at their meeting in Turkey at a time of uneven and fragile growth.
6 September 2015, 18:00 PM

Ford Foundation hints at discord with Indian government

The head of the Indian operations of the US-based Ford Foundation, one of the world's largest charitable funds, has announced she is
6 September 2015, 18:00 PM

Japan may exempt food, drinks from sales tax hike

Japan may exempt some food and beverages from a planned increase in the sales tax, government sources said.
5 September 2015, 18:00 PM

Is 2015 the beginning of the end for Africa's China-led boom?

Disappointing growth in Africa's two biggest economies has highlighted the role of China in the expansion of recent years, now that China's own economy is slowing.
5 September 2015, 18:00 PM

Sri Lanka in $ 1.1b currency swap with India

Sri Lanka's central bank received $1.1 billion from neighbouring India Thursday as part of a currency swap agreement, in order to shore up its foreign reserves and ease pressure on the local currency.
5 September 2015, 18:00 PM

S&P rates Iraq for first time

American financial service company Standard & Poor's issued war-torn Iraq a credit rating for the first time Thursday, with the country's conflict with Islamic State militants and low oil prices giving it a junk score.
5 September 2015, 18:00 PM

US jobless rate lowest since 2008

The US unemployment rate fell to 5.1 percent in August, the lowest since early 2008, as the economy motored steadily ahead despite a global slowdown, the Labor Department said Friday.
5 September 2015, 18:00 PM

Smartwatches, intelligent homes shine at Berlin mega gadget show

SMARTWATCHES, intelligent homes and drones that follow users wherever they go are on show at Berlin's mega consumer electronics fair, which opened its doors to the public on Friday.
5 September 2015, 18:00 PM

G20 promises transparency on rate moves

WORLD financial leaders will agree to calibrate and communicate monetary policy carefully to avoid triggering capital flight, but will not call an expected US rate rise a risk to growth, a draft communique showed on Friday.
5 September 2015, 18:00 PM

BlackBerry buys mobile security company for $425m

Canadian smartphone maker BlackBerry on Friday bought rival mobile security provider Good Technology for $425 million in a move to broaden its software sales.
5 September 2015, 18:00 PM

Oil prices swing wildly in China uncertainty

Fragile financial markets are grappling with wild swings in world oil prices, unnerved by uncertainty over global supplies and the demand outlook from China.
5 September 2015, 18:00 PM

Syngenta to sell seed business, launches $2b share buy-back

Swiss agrochemicals giant Syngenta on Thursday moved to placate shareholders after it rejected a massive takeover bid by Monsanto, announcing it would sell its vegetable seed business and buy back $2.0 billion worth in shares.
3 September 2015, 18:00 PM

G20 seeks to smooth economic shock waves from China

World finance ministers and central bankers gather in Turkey this weekend to grapple with the fallout of slowing growth in China, tanking emerging economies and panicked global stock markets.
3 September 2015, 18:00 PM

China tightens trading rules on forex, stock markets

China has announced tougher rules on trading stock index futures and foreign exchange derivatives as it seeks to steady jittery markets whose weakness has raised concern over the health of the world's second-largest economy.
3 September 2015, 18:00 PM

Easy bank loans can help women become entrepreneurs: analysts

Women can become successful entrepreneurs if they have determination, a solid plan and easy access to bank loans, bank officials and businesswomen said in a dialogue yesterday.
3 September 2015, 18:00 PM

Canada officially enters recession

Reeling from low oil prices, Canada fell into a recession in the first half of the year, government data confirmed Tuesday, putting
2 September 2015, 18:00 PM

Foreign carmakers still driven to invest in China

Foreign carmakers that raced into China to profit from what has become the world's biggest automobile market by volume have no
2 September 2015, 18:00 PM

Japan factory output turns down in July

Japan's factory output contracted a worse-than-expected 0.6 percent on-month in July, official data showed on Monday, owing to lacklustre demand at home and as a slowdown in China weighs on exports.
31 August 2015, 18:00 PM

Eurozone inflation steady at 0.2pc in August

Inflation in the 19-country eurozone was unchanged at 0.2 percent in August, official data showed Monday, slightly higher than analysts expected.
31 August 2015, 18:00 PM