HTC launches new phone to challenge Apple

TAIWAN'S smartphone maker HTC Corp unveiled a new flagship model Wednesday -- taking on Apple's latest iPhones -- but analysts say it's unlikely to boost the struggling company's market share.
21 October 2015, 18:00 PM

Yahoo signs ad pact with Google

Yahoo Inc said on Tuesday it had signed a search advertising deal with Google Inc, providing a potential boost to Marissa Mayer's efforts to turn around the company, which also reported revenue and profit that fell short of market estimates.
21 October 2015, 18:00 PM

Apple tells US judge 'impossible' to unlock new iPhones

Apple Inc told a US judge that accessing data stored on a locked iPhone would be "impossible" with devices using its latest operating system, but the company has the "technical ability" to help law enforcement unlock older phones.
21 October 2015, 18:00 PM

Toyota recalls 6.5m cars over window defect

Japanese carmaker Toyota has said it will recall 6.5 million vehicles globally over a faulty window switch.
21 October 2015, 18:00 PM

Recession-hit Russia economy shrinks in Q3

Russia's economy shrank 4.3 percent in the third quarter this year, the government said Monday, as a recession caused by low oil prices and Western sanctions over Ukraine continued to take its toll.
19 October 2015, 18:00 PM

Danone Q3 sales rise on baby food sales

French dairy giant Danone on Monday posted a 4.6 percent rise on a like-for-like basis in third-quarter sales, outstripping analysts' forecasts.
19 October 2015, 18:00 PM

Myanmar revokes forex licences to stop 'dollarisation'

Myanmar businesses ranging from restaurants to golf clubs have until the end of next month to stop charging in US dollars, the central bank announced in a snap move to stabilise the kyat currency.
19 October 2015, 18:00 PM

Islamic finance growth to slow over low oil price: S&P

The fast-growing Islamic finance industry is set to slow down next year over the sharp fall in oil revenues and rapid regulatory changes, Standard and Poor's Ratings Services said on Monday.
19 October 2015, 18:00 PM

Wal-Mart bribery probe finds few major offenses in Mexico

A federal probe into allegations of corruption at Wal-Mart Stores Inc's Mexico operations has found few major offenses, and is likely to result in a much smaller case than investigators expected, the Wall Street Journal reported, citing people familiar with the situation.
19 October 2015, 18:00 PM

Oil retreats in Asia as China slowdown weighs

Oil fell in Asia Monday after data showed China's economy posted its slowest growth for more than six years in the third quarter, reinforcing worries about demand from the world's top energy guzzler.
19 October 2015, 18:00 PM

China economy logs weakest growth since 2009

CHINA'S economic growth dipped below 7 percent for the first time since the global financial crisis on Monday, hurt partly by cooling investment, raising pressure on Beijing to further cut interest rates and take other measures to stoke activity.
19 October 2015, 18:00 PM

RBI head urges IMF to act against 'extreme' policies

RESERVE Bank of India (RBI) Governor Raghuram Rajan urged the International Monetary Fund (IMF) on Monday to play an active role in questioning the stimulus policies of developed economies and called on emerging markets to have a bigger voice in global debates.
19 October 2015, 18:00 PM

Vietnam government to sell $3b of shares in major firms

The Vietnamese government will sell its stakes in companies ranging from a dairy giant to an insurance firm in a move worth up to $3 billion, state media said Wednesday, boosting the communist nation's privatisation drive.
14 October 2015, 18:00 PM

Tech funding surging despite bubble fears: survey

Investors poured increasing amounts of cash into startups in the third quarter, defying fears of a bubble in the tech sector, a survey showed Wednesday.
14 October 2015, 18:00 PM

New rules to boost India shipping fleet; may dent foreign shippers

INDIAN state-owned firms may have to give half their freight business to local shippers to help rescue an industry battered by the global commodities downturn.
14 October 2015, 18:00 PM

Nissan turns to cricket to lure Indian buyers

Nissan Motor Co has entered into an eight-year sponsorship agreement with the International Cricket Council (ICC), a company executive said, in a bid by the Japanese car maker to boost its small market share in cricket-crazy India.
14 October 2015, 18:00 PM

Samsung Electronics unveils second Tizen-powered smartphone

Tech giant Samsung Electronics Co Ltd unveiled on Wednesday the second smartphone powered by the its own Tizen operating system, its latest bid to increase the popularity of its own software ecosystem.
14 October 2015, 18:00 PM

Intel reports 6pc fall in net income

US computer chip giant Intel demonstrates how its no-touch technology enables users to operate their devices with hand gestures. The
14 October 2015, 18:00 PM

Toyota targets end of carbon emitters

Japanese car manufacturing giant Toyota is committing to all but eliminate carbon emissions from its production processes by 2050.
14 October 2015, 18:00 PM

Twitter to cut 8pc of workforce

Twitter said Tuesday it was slashing eight percent of its workforce as newly returned chief executive Jack Dorsey outlined his "roadmap" to boost users and revenues at the money-losing messaging platform.
14 October 2015, 18:00 PM