Chinese shares tumble 8.5pc in biggest one-day drop since 2007

Chinese shares tumbled more than 8 percent on Monday as an unprecedented government rescue plan to prop up valuations abruptly ran out of steam, throwing the viability of Beijing's efforts to stave off a deeper crash into doubt.
27 July 2015, 18:00 PM

Japan trade deficit narrows 92pc on jump in exports

Japan's trade deficit narrowed sharply last month as exports of automobiles and electronic parts picked up while a sky-high energy import bill continued to fall, finance ministry data showed Thursday.
23 July 2015, 18:00 PM

Syngenta spars with suitor Monsanto over takeover

Syngenta and unwanted suitor Monsanto squabbled over an earnings report from the Swiss pesticides maker on Thursday, with both sides claiming it strengthened their case in a $45 billion takeover battle.
23 July 2015, 18:00 PM

FT: a reference point for global business

The Financial Times has been an indispensable guide for the business world for a century and with its digital and foreign editions is a truly international newspaper.
23 July 2015, 18:00 PM

Hyundai Motor earnings down

Hyundai Motor Co said Thursday its second-quarter net profit plunged 23.8 percent from a year earlier, due to a strong won and increased competition at home and abroad.
23 July 2015, 18:00 PM

Unilever warns of 'challenging markets’

Dutch food and cosmetics giant Unilever said Thursday that while it had managed to increase sales, consumer demand is weak both in emerging and industrialised markets.
23 July 2015, 18:00 PM

Nearly half of China's population now online

China has 668 million Internet users, accounting for 48.8 percent of the country's total population, as e-commerce boomed in the world's second-largest economy, authorities said.
23 July 2015, 18:00 PM

Iran eyes $185b oil and gas projects after sanctions

Iran on Thursday outlined plans to rebuild its main industries and trade relationships following a nuclear agreement with world powers, saying it was targeting oil and gas projects worth $185 billion by 2020.
23 July 2015, 18:00 PM

Microsoft's hardware strategy under scrutiny after record loss

Sales of Microsoft Corp's Surface tablets and Xbox gaming consoles are soaring.
23 July 2015, 18:00 PM

Venture funding for startups still surging

Investors pumped some $32.5 billion into more than 1,800 venture-backed companies around the world in the past quarter, amid feverish interest in tech startups, a survey showed Thursday.
23 July 2015, 18:00 PM

Wal-Mart buys out China e-commerce firm Yihaodian in online push

Wal-Mart Stores Inc has taken full ownership of Chinese e-commerce firm Yihaodian.com, buying out the 49 percent stake that it did not already own to accelerate its push online, the U.S. retail giant said on Thursday.
23 July 2015, 18:00 PM

GM earnings surge on solid sales in US, China

General Motors reported Thursday that earnings quadrupled due to solid sales in the US and China even as revenues were dented by the strong dollar.
23 July 2015, 18:00 PM

McDonald's earnings drop

McDonald's reported lower quarterly earnings Thursday behind a drop in comparable sales and declining traffic in all major segments.
23 July 2015, 18:00 PM

Greek parliament passes second crucial bailout bill

Greece's parliament on Thursday passed legislation on a second batch of reforms needed to help unlock a huge international bailout for the country's stricken economy.
23 July 2015, 05:41 AM

Toshiba president, senior execs quit over $1.2 bn scandal

Toshiba president Hisao Tanaka and his predecessor Norio Sasaki resign over a $1.2 billion accounting scandal blamed on management's overzealous pursuit of profit that has battered one of Japan's best-known firms.
21 July 2015, 06:58 AM

Asia Inc looks to post-sanctions Iran for demand spurt

From steelmakers to construction firms, industrial companies in Asia hope an end to sanctions in Iran can provide a new source of sorely-needed demand.
15 July 2015, 18:00 PM

British unemployment in surprise rise

Britain's unemployment rate climbed to 5.6 percent in the quarter ending in May, with the number of jobless up for the first time in over two years, data showed Wednesday.
15 July 2015, 18:00 PM

Oil prices fall back after Iran-fuelled gains

Oil futures slid Wednesday as markets started to price in the impact on supplies of Iran's historic deal with Western powers regarding the Islamic republic's suspected nuclear ambitions.
15 July 2015, 18:00 PM

Bank of Japan cuts growth forecast

Japan's central bank on Wednesday cut its annual growth and inflation forecasts for the world's third-largest economy, with analysts warning weaknesses remained and the downgrade hinted at a disappointing second quarter.
15 July 2015, 18:00 PM

Yellen sticks to 2015 timeline for first US rate hike

FEDERAL Reserve Chair Janet Yellen stuck to her forecast for an increase in the Fed's key interest rate later this year on Wednesday, predicting a pickup in the US economy.
15 July 2015, 18:00 PM