Pakistan must raise an extra $379 million through new tax measures, the finance minister said on Monday, as the government seeks to qualify for its latest IMF loan tranche.

The extended deadline to submit tax returns ended yesterday.

The Federal Reserve Board will consider a proposal to curb its emergency lending powers, a change demanded by Congress after the central bank's controversial decision to aid AIG, Citigroup and others in 2008.

As many Americans bought online as they did in physical stores during the Thanksgiving weekend shopping splurge, the National Retail Federation said Sunday, highlighting a growing trend away from the traditional Black Friday consumer assault.

NEW York is reassuring tourists that America's biggest city is safe as it prepares to welcome more than five million visitors for the busy holiday season after the Paris attacks.

INDIA'S economy grew by 7.4 percent year-on-year in the last quarter, official figures showed Monday, outperforming China and giving Prime Minister Narendra Modi a boost following a recent election drubbing.

FINANCIAL inclusion, riding on the back of a predominantly youth population, will take the economy of Bangladesh forward, said a top official of MasterCard.

Asian imports of Iranian oil fell to the lowest level in two years in October, as Iran's biggest crude buyers held off from increasing purchases following a landmark agreement on Tehran's disputed nuclear programme in July.

Amazon has unveiled what its unmanned drones for package delivery would look like with a video launched on Sunday on the prototype

The World Bank announced Tuesday a plan to help Africa weather climate shocks that requires $16.1 billion in financing through 2020.

Singapore's economic growth will dip to "close to 2.0 percent" this year after the city-state avoided a technical recession, the government said Wednesday, with a potential further slowdown seen in 2016.

India would reject a deal to combat climate change that includes a pledge for the world to wean itself off fossil fuels this century, a senior official said, underlying the difficulties countries face in agreeing how to slow global warming.

Rating agency Standard and Poor's said on Wednesday it had cut its credit rating outlook for Internet giant Yahoo, saying revenue growth was likely to be low.

Americans remained wary consumers in October as spending rose at the slowest pace this year for the second straight month, Commerce Department data showed Wednesday.

Asian stock markets retreated Wednesday, with airlines taking a hit as dealers fret over increased geopolitical tensions following the downing of a Russian jet by Turkey.

Britain took the axe to spending Wednesday, fleshing out plans to slash welfare and eliminate the deficit, but dropped a controversial plan to cut tax credits for the poorest.

An Australia-led consortium of investment funds from Canada and the Middle East won the bid for electricity transmission network TransGrid Wednesday, beating a Chinese challenger in a deal worth Aus$10 billion (US$7.3 billion).

European Commission President Jean-Claude Juncker said on Wednesday Europe's single currency will be jeopardised if its Schengen passport-free travel zone unravels due to member states reimposing border controls to keep out refugees.

EUROPEAN financial markets are increasingly vulnerable to turmoil in large emerging economies, the European Central Bank warned in a report Wednesday

LAFARGEHOLCIM said Wednesday its profits collapsed as the cost of building the world's biggest cement company took its toll.