The EU said Wednesday it will no longer debate whether or not China's economy is market driven, but will instead focus on new measures to tackle Chinese dumping and illegal subsidies.

The UK unemployment rate has fallen to 4.9 percent, the lowest since July 2005, according to official figures.

"Want to win a million baht? Go for e-payment," says Thailand's junta, offering a lucky draw as an incentive to use a new online payment scheme for business, in an effort to bring some of the massive informal economy onto the books and boost tax revenues.

China insisted its controls over some raw materials exports were legal, after the European Union followed the United States to take it to the World Trade Organisation over the restrictions.

The plan by Netflix to conquer the world with its streaming video service is moving slower than expected.

In a packed Christie's auction room in Geneva, one could hear a pin drop as two anonymous bidders slugged it out in their quest to own the world's most exquisite blue diamond.

Emdadul Islam's three-decade career in Bangladesh's garment trade has seen the industry hit by riots, labour unrest, power shortages and safety scandals, but he had never lost faith in its ability to weather the latest crisis and continue to grow.

Saudi Arabia's national shipping company and the Arab Petroleum Investments Corp. (APICORP) have laun-ched a joint fund to purchase large oil tankers for the kingdom, an official statement said Monday.

Businesses want to see Bangladesh free from terrorism and militancy, Abdul Matlub Ahmad, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), said yesterday.

The German economy, Europe's biggest, will continue to expand strongly in the third quarter, despite potential risks from the British vote to quit the European Union, the German central bank or Bundesbank said on Monday.

India needs to continue fine-tuning rules on collateral and interest rates to ensure financial institutions have enough incentives to keep lending to the poor, central bank Governor Raghuram Rajan said on Monday.

The Indonesian government on Monday started the implementation of its new tax amnesty program as it seeks to boost tax revenues by encouraging the repatriation of funds stashed abroad.

The European Central Bank, widely expected to hold fire on monetary policy next week, will likely prepare the ground for more stimulus measures in September as the economic fallout for the eurozone from Brexit becomes clearer, analysts predicted.

Singapore and Sri Lanka have started talks for a free trade pact, including measures to free up trade in goods and services as well as investments, the city-state's trade minister said on Monday.

Patrolling downtown Manila in his new Toyota, Uber driver Daniel Canezal is grumpy. It's not from the heat, grime or traffic of the capital's clogged streets - it's the Philippines' ramshackle internet service that is making his life a misery.

Turkey's currency lira rallied on Monday after suffering one of its steepest ever drops to a historic low in the aftermath of a military coup attempt to topple President Recep Tayyip Erdogan's government.

German container shipping giant Hapag-Lloyd announced Monday it is teaming up with United Arab Shipping Company to become one of the world's top five shipping companies as consolidation in the sector continues apace.

China's cabinet has unveiled detailed measures, including widening financing channels for firms and establishing new equity funds, to support investment and economic growth.

World oil prices dampened Monday on fading supply concerns following a failed coup in Turkey over the weekend.

Japanese mobile giant SoftBank has agreed a cash takeover of iPhone chip designer ARM Holdings for around £24.3 billion, the pair said Monday, in a major investment boost for post-Brexit Britain.