Spain's economy to keep growing in third quarter

Spain's economy will grow in the July to September period at a similar pace to previous quarters, boosted by a busy tourism season and consumer spending, the economy minister said in comments published on Sunday.
23 August 2015, 18:00 PM

Etihad discounts air fares by 30pc

Etihad is offering discounts of up to 30 percent to their business and economy-class travellers to some 130 destinations from Dhaka, Sylhet and Chittagong.
23 August 2015, 18:00 PM

Britain wants to work with Iran on trade and investment

Britain said on Sunday that it wanted to work with Iran's central bank to make it easier for UK banks to finance trade and investment in the country after a thaw in diplomatic relations.
23 August 2015, 18:00 PM

IMF official says premature to speak of Chinese crisis

China's economic slowdown and a sharp fall in its stock market herald not a crisis but a "necessary" adjustment for the world's second biggest economy, a senior International Monetary Fund official said on Saturday.
23 August 2015, 18:00 PM

EU tries to clear "fog of confusion" over US trade pact

The European Commission will publish detailed reports on its negotiations with the United States to forge the world's biggest trade pact, EU trade chief Cecilia Malmstrom said on Friday, responding to criticism that the talks have been shrouded in secrecy.
22 August 2015, 18:00 PM

Disappointing business surveys intensify world growth fears

Signs China's economic slowdown is deepening and weak growth in Europe and the US reported on Friday further damaged the outlook for the global economy, sending stocks and commodity prices reeling.
22 August 2015, 18:00 PM

HP revenue falls on weak PC sales

Hewlett-Packard Co reported a drop in revenue for the fourth straight quarter, hurt by weak PC sales and lower demand from corporates for its services.
22 August 2015, 18:00 PM

Samsung eyes first entry into US stock markets

South Korea's dominant Samsung conglomerate will make its first entry into US stock markets next year with the listing of a biotechnology affiliate, a company official said Friday.
22 August 2015, 18:00 PM

Oil plumbs 6.5-year low on oversupply, China woes

The oil market extended its dramatic descent this week to strike a 6.5-year nadir close to $40 per barrel on mounting fears of oversupply and poor demand, particularly from China.
22 August 2015, 18:00 PM

US presses China to continue reforms after yuan devalued

US Treasury Secretary Jacob Lew pressed China to continue with economic and financial reforms Friday in the wake of Beijing's surprise devaluation of the yuan last week.
22 August 2015, 18:00 PM

ADB provides $1b to ease Kazakh currency pain

The Asian Development Bank (ADB) said Friday it had approved a $1 billion loan for energy-rich Kazakhstan after the Central Asian country's currency lost a quarter of its value against the dollar Thursday, spreading panic throughout the region.
22 August 2015, 18:00 PM

Greece dampens German consumer confidence

Consumer confidence in Germany is being dampened slightly by the enduring wrangle over Greece's debt crisis, a poll found on Friday.
22 August 2015, 18:00 PM

Swatch CEO signals plans to add to smartwatch range

Swatch plans to add to its new smartwatch range, the Swiss watchmaker's chief executive told a newspaper in an interview published on Saturday.
22 August 2015, 18:00 PM

China's slowing economy: What's wrong?

GLOBAL stocks have been hit hard over concerns for the Chinese economy, with a gauge of the country's manufacturing activity on Friday providing the latest sign of a slowdown in the world's second-largest economy.
22 August 2015, 18:00 PM

Tourists head to Thailand despite bombing fears

BUSLOADS of visitors from China flocked to Bangkok's glittering Grand Palace on Friday but, days after a bomb at another of the city's popular attractions killed five Chinese tourists, Thailand's biggest spending holidaymakers are rattled.
22 August 2015, 18:00 PM

Global stocks plummet on fears over world economy

China's economic woes trigger European and Wall Street equity sell-offs and stir up fears for global growth.
22 August 2015, 12:45 PM

China factory data fuels slowdown fears

Latest data suggests factory activity in China shrank at its fastest pace in more than six years in August.
21 August 2015, 10:24 AM

British retail sales inch up

British retail sales rose by less than expected in July, hit by a fall in the sales of auto fuels, official data showed on Thursday.
20 August 2015, 18:00 PM

AirAsia profit down

Malaysia-based budget carrier AirAsia has seen its second-quarter net profit fall mainly due to the weakening ringgit and higher costs.
20 August 2015, 18:00 PM

Economy sound, as fears mount: Malaysia PM

Prime Minister Najib Razak said on Thursday that Malaysia's economy was on a sound footing, seeking to assuage growing public and investor fears over the nation's plummeting currency and slowing growth.
20 August 2015, 18:00 PM