Some of Asia's biggest economies have expressed concerns over the world's economic stability as a result of Britain's vote to leave the EU.

China weakened the yuan's fixing almost one percent to a five-and-half-year low against the dollar Monday, officials said, the biggest downward move since August as the greenback surge after Britain's vote to leave the European Union.

More than 1,200 business titans united Wednesday to warn against Britain breaking with the EU, as rivals scrambled for the last votes on the eve of a tightly fought referendum that will shape Europe's future.

Profit at Swedish fashion retailer Hennes & Mauritz fell 17 percent in the second quarter as cold weather hit sales of its spring clothes and a strong dollar increased its costs.

India is considering importing an extra 500,000 tonnes of duty-free corn to overcome a shortage after a second straight drought cut output, a government source said on Wednesday.

German luxury automaker Daimler, owner of the Mercedes-Benz and Smart brands, plans to speed up its push into electro-mobility in the race against US pioneer Tesla and German rival BMW, a report said Wednesday.

The majority of supply chain auditors across Asia have encountered child labour in the last two years, and in only a third of cases could they confirm the children were removed from the factories, a survey has found.

Mobile phones and rising connectivity in Africa will give rise to a new market in mobile financial services, creating explosive opportunities for business on the continent, research has found.

LONDON-BASED bankers considering a possible relocation if Britain votes out of the European Union would suffer pay cuts of up to 80 percent if they were to move to Frankfurt or Paris, data from salary-benchmarking site Emolument showed.

Nearly two-thirds of German industrial companies say a British exit from the European Union won't hurt their business, a poll by the Ifo economic institute showed on Wednesday, albeit underlining differences in size and sector.

The gleaming glass atriums and blue-clad "geniuses" that herald the arrival of an Apple store could soon be landing in India, after the government cleared the way for it to open in the rapidly growing smartphone market.

Gold fell on Monday after polls showed the campaign for Britain to remain in the European Union regaining some momentum, sharpening appetite for assets seen as higher risk and sparking a sharp rally in stocks.

With three days to go until Britain holds a referendum on its European Union membership, voters have the chance to reflect on key arguments made by both sides about immigration, the cost of belonging to the EU, and security.

CHINESE President Xi Jinping drummed up investment and trade with Poland on Monday as the European Union's largest eastern economy eyes financing by the Asian giant.

GREECE'S latest austerity measures are choking off one of its few sources of local private investment, the funds management industry, thanks to massive tax hikes buried in 7,500 pages of financial reforms approved by the parliament last month.

India Monday announced a sweeping relaxation of foreign direct investment (FDI) rules in civil aviation, defence and a string of other sectors as part of efforts to open up the economy.

Embattled German auto giant Volkswagen will face the wrath of its shareholders at its annual meeting on Wednesday as it struggles to steer itself out of an unprecedented engine-rigging scandal.

The pound has jumped the most against the dollar in more than 7 years, as traders reassessed the likelihood of the UK leaving the European Union.

A Chittagong court yesterday sentenced a former bank official to six years in jail for two separate cases filed by the Anti Corruption Commission over misappropriating about Tk 9 lakh of depositors' money.

The central bank has increased the limit of the low-cost Export Development Fund for apparel exporters to $20 million from existing $15 million.