Greece debt crisis: What's the deal?

EUROZONE leaders have reached agreement over a third Greek bailout after marathon talks in Brussels.
13 July 2015, 18:00 PM

Relief and much anger in Greece

GREEKS greeted news of a deal with creditors on Monday with a measure of relief mixed with much anger, particularly at Germany, after it became clear Greece will have to swallow more austerity that could fracture the government and spark a backlash.
13 July 2015, 18:00 PM

Saudi appoints housing minister from private sector

Saudi Arabia appoints a housing minister with a background as a real estate developer, strengthening a trend towards giving top government jobs to people from the private sector as the kingdom grapples with economic and social welfare issues.
13 July 2015, 14:07 PM

Toshiba president to resign over accounting scandal

An accounting scandal involving massive Japanese conglomerate Toshiba deepened on Saturday as reports said the company's president
11 July 2015, 18:00 PM

India's two-speed inflation strains country's indebted companies

Indian firms battling towering debts are calling for more interest rate cuts as they worry the central bank is tying monetary policy too
9 July 2015, 18:00 PM

Australia warns global firms using offshore 'marketing hubs'

Australia's tax authority has warned large multinational firms it is looking into the use of offshore marketing hubs over concerns such
9 July 2015, 18:00 PM

Russian economic winds blow cold in Chinese border town

The warmth of the friendship between Chinese President Xi Jinping and Russia's Vladimir Putin -- who meet Wednesday for the eighth time in two years -- does little to counter the bitter economic winds blowing through their shared border.
8 July 2015, 18:00 PM

How the bubble bursts

TENS of millions of retail investors in China are learning a hard lesson as once high-flying stock prices plunge, sparking sadness and anger.
8 July 2015, 18:00 PM

China stocks plunge as government efforts fail

China stocks took another plunge Wednesday, as the securities regulator warned the market was in the grip of "panic" selling after fresh government moves failed to arrest a rout that has now infected regional markets.
8 July 2015, 18:00 PM

India's push to curb steel imports could hit its small mills

Steps by India to protect its large steelmakers from a flood of cheap imports could end up closing scores of small, local firms that process the metal, industry analysts and executives said.
8 July 2015, 18:00 PM

Greece and China expose limits of 'whatever it takes'

For a world so confident that central banks can solve almost all economic ills, the dramas unfolding in Greece and China are sobering.
8 July 2015, 18:00 PM

Microsoft cuts 7,800 jobs

Microsoft announced plans Wednesday to cut 7,800 jobs, most from the struggling mobile phone division acquired last year from Nokia.
8 July 2015, 18:00 PM

Last-minute tourist reservations for Greece plunge 30pc

Last-minute tourist reservations for Greece have plunged by nearly a third since early last week as uncertainty piles up around the eurozone country, the Greek Tourism Confederation said Wednesday.
8 July 2015, 18:00 PM

Samsung profit drop misses estimates

Samsung Electronics on Tuesday flagged a second quarter drop in operating profit that missed analyst estimates after sales of its newest flagship smartphone failed to meet expectations.
7 July 2015, 18:00 PM

Issuance of Islamic bonds to drop sharply in 2015: S&P

The Islamic sukuk or bond market is set to drop sharply this year after Malaysia's central bank, one of the largest global issuers, stopped doing so, Standard & Poor's said Tuesday.
7 July 2015, 18:00 PM

Chinese investors learn markets can go down as well as up

Three weeks of falls on Shanghai's stock market have cost veteran investor Gu Yongbiao five million yuan -- more than $800,000 -- he estimates, over two-thirds of the value of his portfolio.
7 July 2015, 18:00 PM

Trans-Pacific pact to reshape stock portfolios alongside trade flows

Buy Japan. Buy Vietnam. Buy US media stocks. Buy Mexican food stocks. Sell China.
6 July 2015, 18:00 PM

China's influence grows as Russian crisis rocks Central Asia

At a bazaar in Tajikistan's capital Dushanbe, once a far-flung outpost of the Soviet Union, cheap goods from neighbouring China are
6 July 2015, 18:00 PM

Beijing names preferred chief for China-led bank

Beijing on Monday named a former vice minister of finance as its preferred candidate to head the China-led Asian Infrastructure
6 July 2015, 18:00 PM

German factory orders slip in May

German industrial orders, a key measure of demand for goods in Europe's top economy, slipped slightly in May, the economy ministry
6 July 2015, 18:00 PM