Beijing on Monday named a former vice minister of finance as its preferred candidate to head the China-led Asian Infrastructure

German industrial orders, a key measure of demand for goods in Europe's top economy, slipped slightly in May, the economy ministry

Asian financial centre Singapore's direct exposure to debt-ridden Greece is "negligible", the city-state's central bank said Monday after

The Arab Petroleum Investments Corporation (APICORP) said Monday it has established a $3-billion Islamic sukuk programme to diversify

British engineer Rolls-Royce cut profit expectations for the third time in nine months on Monday, increasing the challenge for its new

Greeks were hoarding cash and food Saturday amid mounting fears the economy could collapse, cracking open their wallets only to

India's $100 billion push into solar energy over the next decade will be driven by foreign players as uncompetitive local manufacturers

Online payments titan PayPal said Wednesday it is buying international money-sending service Xoom in a deal valued at $890 million.

Write down, write off, restructure, reprofile whatever term you choose, if Greece doesn't completely default on its debt, its creditors will

China's largely rubber-stamp parliament ratified an agreement with the world's largest emerging nations on Wednesday to create a new development bank, state news agency Xinhua reported.

The world's top pharmaceutical companies Wednesday told an Australian parliamentary hearing they were compliant with local and international laws, despite claims they are charging higher prices to minimise tax.

Inflation rose in Indonesia in June as tens of millions of Muslims observing the Islamic holy month spent extra cash on food, government data showed Wednesday.

Five West African leaders Wednesday urged regional governments to liberalise the region's electricity sector to overcome insufficient power capacities that deprive most of the area's 300 million inhabitants access to energy.

Credit ratings agency Fitch surprised analysts by upgrading Malaysia's sovereign outlook to "stable" from "negative", boosting the country's currency on Wednesday and providing welcome relief to the country's controversy-plagued government.

Apple's new streaming service went live Tuesday with a flashy radio station and artist exclusives, as the company that dominated digital music through iTunes looks to the future.

The World Bank on Wednesday urged China to accelerate reform of its state-dominated financial sector, warning that failure to address the issue could end "three decades of stellar performance" for the world's second-largest economy.

A belated Thai clampdown on illegal fishing is forcing unlicensed vessels ashore, threatening to paralyse a key industry as the kingdom desperately tries to avoid a European Union ban on exports worth $1 billion a year.

Chinese smartphone maker Xiaomi has started making devices in Brazil for sale locally, promising to dramatically undercut rivals on price in the first big step beyond Asia for the world's most valuable technology start-up.

Fried chicken aficionados queued for hours at Myanmar's first KFC restaurant Tuesday, as the US fast food chain became the latest big

Microsoft Corp said on Monday it will hand over its display advertising business to AOL Inc and sell some map-generating technology