Twenty years ago today Amazon sold its first book, created the first online book store and went on to become a hugely profitable internet superpower. Today it's celebrating that anniversary with Amazon Prime day, 24 hours of special offers which will be the biggest day of e-commerce the world has ever seen.

Sri Lanka is seeking cheaper funding sources to replace billions of dollars in debt from Chinese banks, government officials said, as the six-month-old government distances itself from Beijing weeks before a general election.

HSBC should have made deeper checks before buying a Swiss private bank that allegedly allowed customers to dodge taxes and a Mexican business that breached anti-money laundering rules, its former chairman said.

From steelmakers to construction firms, industrial companies in Asia hope an end to sanctions in Iran can provide a new source of sorely-needed demand.

Britain's unemployment rate climbed to 5.6 percent in the quarter ending in May, with the number of jobless up for the first time in over two years, data showed Wednesday.

Oil futures slid Wednesday as markets started to price in the impact on supplies of Iran's historic deal with Western powers regarding the Islamic republic's suspected nuclear ambitions.

Toyota recalls 625,000 hybrid vehicles globally, mostly the Prius model favoured by the eco-conscious including Hollywood celebrities, over a defect that can bring the car to an unexpected stop.

China's total trade slumped in the first half of this year, official data showed Monday, falling well short of the government's targets and dealing a blow to the global economy from its biggest trader in goods.

Oil prices fell in Asia Monday as Iran and major western powers said they were closer than ever to a landmark nuclear deal that would lift sanctions and see Tehran's crude exports return to global markets.

India is meeting stiff resistance in its drive to make the buying of gold jewellery more transparent and to channel demand into paper gold to stop the metal being used to hide billions of dollars of undeclared 'black money'.

Come December, Thailand will have more solar power capacity than all of Southeast Asia combined as record sums of money is poured into the sector in the hopes of nurturing a new energy source to help drive the region's second-biggest economy.

EUROZONE leaders have reached agreement over a third Greek bailout after marathon talks in Brussels.

GREEKS greeted news of a deal with creditors on Monday with a measure of relief mixed with much anger, particularly at Germany, after it became clear Greece will have to swallow more austerity that could fracture the government and spark a backlash.

India's inflation rate rose faster than analysts' expectations in June, official data showed Monday, dampening hopes of further interest rate cuts by the country's central bank later this year.

US, European and Asian energy firms will compete Wednesday in Mexico's first oil auction since a historic reform brought back private investors, nearly 80 years after they were kicked out.

People can swap their old banknotes for new notes ahead of the EId festival next week under a special initiative of Bangladesh Bank.

Stocks remained mostly stable yesterday amid expectations of positive earnings declarations by listed firms.

Japanese experts teamed up with local engineers to make a garment factory in Ashulia more earthquake-resistant by systematic retrofitting.

Saudi Arabia appoints a housing minister with a background as a real estate developer, strengthening a trend towards giving top government jobs to people from the private sector as the kingdom grapples with economic and social welfare issues.

An accounting scandal involving massive Japanese conglomerate Toshiba deepened on Saturday as reports said the company's president