The real reason to worry about China's FX reserves

China's giant foreign exchange hoard just got a bit smaller. A $94 billion decline in August – the biggest absolute drop on record –
9 September 2015, 18:00 PM

Alibaba trims sales estimates as China economy slows

Chinese e-commerce giant Alibaba Group Holding Ltd said on Tuesday it expected its total value of transactions in the second-quarter to be lower than previously thought, a fresh signal that China's slowdown is taking a bite out of consumer spending.
9 September 2015, 18:00 PM

Tears as India's soaring onion cost poses challenge for Modi

A leap in onion prices has left a bitter taste for Surinder Anand, owner of a New Delhi restaurant that sweats its way through a hundred kilos a day, but it could pose even bigger problems for India's leader.
9 September 2015, 18:00 PM

Storytelling, an art to inspire employees

STORYTELLING is an essential leadership skill. It allows leaders to communicate, build engagement and drive changes in an organisation, said Indranil Chakraborty, founder of StoryWorks, a communications consulting firm based in India.
9 September 2015, 18:00 PM

Diamond cuts: India's global hub fears more job losses as China slows

A year ago, India's diamond capital hit the headlines when one of the largest polishing companies in the western city of Surat treated
8 September 2015, 18:00 PM

Uber raises $1.2b for Chinese branch

Uber -- the app-based car service -- has raised $1.2 billion to keep expanding Uber China, a source close to the efforts said.
8 September 2015, 18:00 PM

Toshiba posts $318m loss in wake of profit- padding scandal

Toshiba said Monday it would book a $318 million annual loss to account for a billion dollar profit-padding scandal that hammered the reputation of one of Japan's best-known firms.
7 September 2015, 18:00 PM

Afghan surgeon earns from rich to help pay for treating poor

Plastic surgeon Abdul Ghafar Ghayur is practising his own brand of welfare in Afghanistan, where access to healthcare is limited and many cannot afford private treatment.
7 September 2015, 18:00 PM

Japan's Abe unlikely to tackle hard reforms in next term: economists

Japanese Prime Minister Shinzo Abe looks set to win a rare second consecutive term but economists predict he won't use that victory
7 September 2015, 18:00 PM

The 21-year-old building India's largest hotel network

ONE night, 18-year-old Ritesh Agarwal was locked out of his apartment in Delhi. It was an unfortunate minor incident that was to change his life.
7 September 2015, 18:00 PM

Furious farmers block Brussels streets

Thousands of European farmers took to the streets of Brussels on Monday to protest against plummeting prices for their produce.
7 September 2015, 18:00 PM

Bad loans haunt Greek banks seeking new start

Turned down for a 10,000 euro ($11,100) loan, George Sarris is one of hundreds of thousands of small business owners shunned by Greek banks.
7 September 2015, 18:00 PM

Ford Foundation hints at discord with Indian government

The head of the Indian operations of the US-based Ford Foundation, one of the world's largest charitable funds, has announced she is
6 September 2015, 18:00 PM

German industries make economic case to welcome refugees

As thousands of refugees arrive every day in Germany, calls are growing louder from business leaders in Europe's biggest economy to offer them jobs.
6 September 2015, 18:00 PM

Automakers, Google take different roads to automated cars

From his laboratory at Pittsburgh's Carnegie Mellon University, automated vehicle pioneer Raj Rajkumar says self-driving cars will evolve step-by-step, with humans staying in charge for a long time to come.
6 September 2015, 18:00 PM

Apple event expected to focus on iPhones, TV

Apple is expected to unveil updated iPhones Wednesday along with an Apple TV revamp that may signal a push into online television streaming dominated by Netflix.
6 September 2015, 18:00 PM

G20 charts careful course in turbulent economic waters

Warily watching economic clouds gathering in China and the possibility of an end to zero interest rates in the United States, G20 leaders steered a careful course at their meeting in Turkey at a time of uneven and fragile growth.
6 September 2015, 18:00 PM

Smartwatches, intelligent homes shine at Berlin mega gadget show

SMARTWATCHES, intelligent homes and drones that follow users wherever they go are on show at Berlin's mega consumer electronics fair, which opened its doors to the public on Friday.
5 September 2015, 18:00 PM

G20 promises transparency on rate moves

WORLD financial leaders will agree to calibrate and communicate monetary policy carefully to avoid triggering capital flight, but will not call an expected US rate rise a risk to growth, a draft communique showed on Friday.
5 September 2015, 18:00 PM

BlackBerry buys mobile security company for $425m

Canadian smartphone maker BlackBerry on Friday bought rival mobile security provider Good Technology for $425 million in a move to broaden its software sales.
5 September 2015, 18:00 PM