Top Japan firms hike wages at slowest pace in years

Some of Japan's top companies announced their lowest wage hikes in years on Wednesday, marking the latest challenge for Tokyo's bid to boost spending and the economy.
15 March 2017, 18:00 PM

Trump budget would slice domestic programmes, foreign aid

President Donald Trump on Thursday will offer the first details of his plans for deep cuts in domestic programs and foreign aid, releasing a budget outline that would boost military spending by $54 billion and seek cuts of the same size in non-defense programs.
15 March 2017, 18:00 PM

Zara owner Inditex profits up on international drive

Spain's fashion retail giant Inditex, owner of popular brand Zara, said Wednesday that its drive to expand internationally helped push up profits last year.
15 March 2017, 18:00 PM

Top Japan firms hike wages at slowest pace in years

Some of Japan's top companies announced their lowest wage hikes in years on Wednesday, marking the latest challenge for Tokyo's bid
15 March 2017, 18:00 PM

US CEOs cite taxes, deregulation as top policy priorities

Most CEOs of large US companies view tax and regulatory reform as their top policy priorities, with only three percent naming health care reform, according to a survey released Tuesday.
15 March 2017, 18:00 PM

G20 finance ministers to meet under America First shadow

Finance ministers from the world's top nations gather in Germany Friday as fears grow that US President Donald Trump could upend the global economic order with his America First policy.
15 March 2017, 18:00 PM

Rupee hits 16-month high

The rupee hit a 16-month peak against the dollar and bonds rallied the most in two weeks on Wednesday on hopes of a less hawkish tone on interest rates by the US Federal Reserve at the end of its two-day policy meeting later in the day.
15 March 2017, 18:00 PM

IMF's Lagarde warns G20 to avoid 'self-inflicted' wounds

IMF chief Christine Lagarde on Tuesday warned the world's largest economies to avoid damaging the incipient global recovery with policies that would derail trade and immigration.
15 March 2017, 18:00 PM

Forced to flee war, Nepali women cycle out of poverty

AT the break of dawn each day, dozens of women forced to flee their homes during Nepal's decade-long civil war load their bicycles with vegetables and head to market.
15 March 2017, 18:00 PM

Toshiba offers memory chip shares as collateral for loans

JAPAN'S crisis-racked Toshiba Corp has offered shares in its memory chip unit to creditors as collateral to secure debt refinancing, people briefed on the matter said on Wednesday.
15 March 2017, 18:00 PM

British unemployment hits 41-year low

Britain's unemployment rate has struck the lowest level for more than 41 years, official data showed on Wednesday as the country prepares to trigger its exit from the EU. However a drop in the jobless rate comes alongside news of slowing wages growth.
15 March 2017, 18:00 PM

German trade surplus rises alongside US tensions

Germany's trade surplus ticked upwards in January, official data showed Friday, as attacks from the Trump White House over the nation's export strength intensify.
11 March 2017, 18:00 PM

Volkswagen pleads guilty in US court in diesel emissions scandal

Volkswagen AG pleaded guilty on Friday to fraud, obstruction of justice and falsifying statements as part of a $4.3 billion settlement reached with the US Justice Department in January over the automaker's diesel emissions scandal.
11 March 2017, 18:00 PM

Rain brings smile to tea planters in Sylhet region

The heavy rain on Thursday came as a boost for the tea gardens in Sylhet as the shower could help the owners avoid the fall in output caused normally by drought at this time of the year.
11 March 2017, 18:00 PM

Paris region orders French spoken on building sites

The Paris region has passed a new rule obliging labourers on public building sites to use French, copying action taken elsewhere in France to squeeze out foreign workers.
11 March 2017, 18:00 PM

Canada jobless rate falls to 6.6pc in February

Canada's jobless rate fell slightly to 6.6 percent in February as 15,000 net new jobs were added and fewer people searched for work, the government statistical agency said Friday.
11 March 2017, 18:00 PM

Singer launches energy efficient refrigerator

Home appliances brand Singer has introduced energy efficient and environment friendly refrigerators with R600a gas.
11 March 2017, 18:00 PM

US to launch NAFTA renegotiation process coming weeks

The Trump administration will launch the formal process to renegotiate the US trade agreement with Mexico and Canada "in the next couple of weeks," Commerce Secretary Wilbur Ross said Friday.
11 March 2017, 18:00 PM

Volkswagen looks to team up with Tata in India

German carmaker Volkswagen and India's Tata Motors plan a future "strategic partnership" in the subcontinent to jointly develop parts and vehicles, the two firms said in a joint statement Friday.
11 March 2017, 18:00 PM

Brazil's Feb inflation falls to lowest since 2000

Brazil's inflation rate slowed unexpectedly sharply last month, falling to its lowest for February since 2000, official figures showed Friday.
11 March 2017, 18:00 PM