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ILO's regional director in town

Tomoko Nishimoto, assistant director general and regional director for the Asia-Pacific region of International Labour Organisation, arrived in Dhaka on Sunday.
20 April 2015, 18:00 PM

Small is beautiful for Audi in China

German carmaker Audi AG sees compact cars increasingly becoming the main driver of sales in China, as the country's booming middle class looks for more affordable luxury, the firm's China president Dietmar Voggenreiter said on Monday.
20 April 2015, 18:00 PM

Indian banks turn to consumer loans to counter corporate slowdown

India's banks, hoping to offset a slow recovery in corporate lending, are pushing into credit cards and personal loans, using blanket advertising, cold call campaigns and even sending employees to malls to lure customers.
20 April 2015, 18:00 PM

Alibaba fined for pricing violations

China's e-commerce giant, Alibaba Group, has been fined $129,000 by the price bureau in eastern Zhejiang province for violations by third-party sellers during promotions on its e-commerce platforms.
20 April 2015, 18:00 PM

Chinese president to launch economic corridor link in Pakistan

Chinese President Xi Jinping arrived in Pakistan on Monday to launch $46 billion in projects linking the old allies, a figure that far exceeds US spending in Pakistan and underscores China's economic ambitions in Asia and beyond.
20 April 2015, 18:00 PM

The final push to end extreme poverty must begin right now

2015 is the most important year for global development in recent memory. In July, world leaders will gather in Addis Ababa to discuss
20 April 2015, 18:00 PM

Sony unveils new Xperia phone even as it retrenches in mobile

Sony Corp on Monday unveiled a new high-end Xperia handset featuring an aluminium frame and a 5.2-inch screen, showing it is still
20 April 2015, 18:00 PM

Britain's bank tax jump threatens to push HSBC, StanChart to new home

HSBC and Standard Chartered are looking at the viability of quitting London for a new home in Asia because a big jump in a tax on UK
20 April 2015, 18:00 PM

China to launch three new free-trade zones

China will launch three new free-trade zones on Tuesday, official media said Monday, building on a project that began in Shanghai to much fanfare but has so far undershot expectations.
20 April 2015, 18:00 PM

Big turnout on store day shows rebirth of vinyl

The boom has had an economic impact, with some 200 new record stores opening last year in the United States and Canada, according to an industry group.
20 April 2015, 10:31 AM

Samsung removes logo on smartphones in Japan

Samsung has removed its corporate logo from its new smartphones sold in Japan, a company spokeswoman confirmed Saturday.
19 April 2015, 18:00 PM

India issues fresh tax notice to Vodafone

Tax authorities have issued a fresh notice to Vodafone Group Plc seeking re-assessment of tax returns for assessment year 2009-2010, news
19 April 2015, 18:00 PM

How China is upsetting the old global economic order

With its huge new infrastructure bank and its ambitions for a globalised renminbi currency, China is leading the upending of a 70-year-old
19 April 2015, 18:00 PM

Germany still has some way to go to 'smart factories'

Collaborative robots and intelligent machinery may have wowed the crowds at this year's Hannover Messe, but experts see German industry
19 April 2015, 18:00 PM

IMF nations point to exchange rate, geopolitical risks

The International Monetary Fund's member nations on Saturday warned of risks to the global economy from exchange rate shifts and
19 April 2015, 18:00 PM

Australia, Britain to take on firms avoiding taxes

Australia is to work together with Britain to pursue multinational firms shifting profits offshore to avoid paying taxes, going "further and faster" than
19 April 2015, 18:00 PM

Green Delta chief achieves highest degree in insurance

Farzana Chowdhury, managing director of Green Delta Insurance Company Ltd, has recently achieved the associate degree from the Chartered
19 April 2015, 18:00 PM

Foreign automakers double down on China bets despite slowing growth

Foreign automakers continue to plough money into factories in China, the world's largest car market, even as the biggest economic slowdown in
19 April 2015, 18:00 PM

Special economic zone for Chinese investors: Tofail

Commerce Minister Tofail Ahmed yesterday said the government has decided to set up a special economic zone for Chinese investors as they
19 April 2015, 18:00 PM

India's Reliance yearly profits subdued on global oil slump

India's Reliance Industries reported a small profit increase for the year on Friday as a slump in oil prices hurt its major revenue
18 April 2015, 18:00 PM