Verdict for Samsung heir weighs on telecom giant

The heir to the Samsung empire faces the verdict in his corruption trial Friday, which threatens to leave the world's biggest smartphone maker rudderless for more than a decade.
23 August 2017, 18:00 PM

UK vote sparks uncertain outlook for financial sector

Financial markets dislike uncertainty but were handed a hugely clouded outlook Friday after the Conservative party of Prime Minister Theresa May lost its parliamentary majority in Britain's snap general election.
10 June 2017, 18:00 PM

EU seeks to make buying online abroad easier, postage cheaper

The European Commission proposed on Wednesday to ban Internet retailers from treating customers differently depending on where they live to encourage consumers to shop across the bloc for online products.
25 May 2016, 18:00 PM

Junta spending boosts Thai growth but risks remain

Thailand’s economy grew by a more than expected 3.2 percent in the first quarter off the back of strong tourism and public spending, official figures showed Monday, but analysts warned the solid start was still shaky.
16 May 2016, 18:00 PM

Netflix shares jump as customers numbers surge

Video-streaming company Netflix says its customer numbers have surged more than expected last quarter, sending its US-listed shares up as much as 8% in after hours trading.
20 January 2016, 11:29 AM

Fears for world economy wreak carnage on stocks and oil

World stock markets tumbles and oil plumbs new lows on Thursday as investors fear for the global economy on signs of a dramatic slowdown in powerhouse China.
7 January 2016, 12:08 PM

British wage growth likely to disappoint in 2016

British wage growth next year is likely to fall far short of the expectations of the Bank of England (BoE) and government as employers hold back on pay rises in the face of growing costs, an industry body said on Wednesday.
30 December 2015, 18:00 PM

Cheap money fuels mega-merger boom

A flood of cheap money is financing the biggest boom in mega-mergers and takeovers since the 2008 global financial crisis.
1 November 2015, 18:00 PM

Oman Air to connect Dhaka

Oman Air, the national flag carrier of Oman, will initiate Muscat-Dhaka-Muscat flight from October 25 apart from its existing operation to Chittagong.
2 October 2015, 18:00 PM

Xinjiang: an emerging trade hub of China

CHINA'S north-western Xinjiang region, which had lagged behind other parts of the East Asian country for long, saw rapid economic development in the last few years.
14 September 2015, 18:00 PM

British business team arrives in Dhaka today

A delegation of the Confederation of British Industry (CBI) is scheduled to arrive in Dhaka today for a two-day visit with an aim to further strengthen trade opportunities for UK businesses in Bangladesh.
6 September 2015, 18:00 PM

India working on package to help ailing state-run banks

India is drawing up a comprehensive package to help state-run banks, Minister of State for Finance Jayant Sinha said on Wednesday, as part of efforts to nurse them back to health and improve the flow of credit to industry.
1 July 2015, 18:00 PM

Africa leaders sign 'Cape to Cairo' free trade bloc deal

AFRICAN leaders signed Wednesday a potentially historic 26-nation free trade pact to create a common market spanning half the continent from Cairo to Cape Town.
10 June 2015, 18:00 PM

Facebook earns 51pc of ad revenue overseas

Overseas markets bring in more advertising revenue than the United States for Facebook Inc, amounting to 51 percent of global ad sales in the first quarter, with growth in Asia the fastest in the world at 57 percent, company executives told Reuters.
10 June 2015, 18:00 PM

G7 finance ministers, central bankers to meet in Dresden

Finance ministers and central bank governors of the Group of Seven wealthiest nations meet in Dresden this week to discuss the health of the global economy and financial regulation, with Greece also certainly on the agenda.
26 May 2015, 18:00 PM

Thai economy grows a sluggish 0.3pc in Q1

Thailand's economy expanded 0.3 percent on-quarter in January-March, official data showed Monday, highlighting the task ahead for the military junta that seized power in a coup last year vowing to kickstart growth after months of political instability.
18 May 2015, 18:00 PM

Electricity shortages hobble South Africa growth

Power outages are the biggest brake on South Africa's economic growth, the country's Finance Minister Nhlanhla Nene said Monday, as factories, homes and offices across the country continue to suffer from long electricity cuts.
18 May 2015, 18:00 PM