As new iPhones go on sale, studies reveal chips from Intel and Toshiba

Apple Inc's latest iPhones hit stores around the world on Friday, featuring components made by Intel Corp and Toshiba among others, according to two firms that cracked open the iPhone Xs and Xs Max models.
22 September 2018, 18:00 PM

Britain tells EU to engage seriously on Brexit, EU demurs

Britain said on Saturday it would not capitulate in Brexit talks and again urged its EU partners to engage with its proposals, as ministers in Paris and Berlin suggested the next move in the negotiations should come from London.
22 September 2018, 18:00 PM

White House optimistic on China trade; no date for more talks

The United States is optimistic about finding a way forward in its trade dispute with China, but it does not have a date scheduled for further talks as it assesses Beijing's response to the latest round of tariffs, a senior White House official said on Friday.
22 September 2018, 18:00 PM

India relaxes foreign fund rules for non-residents

India's market regulator on Friday relaxed norms on foreign investments by Indians based abroad after concerns over stricter regulations rattled markets earlier this month.
22 September 2018, 18:00 PM

Japan inflation edges up but way below target in August

Prices in Japan edged up modestly in August, according to government data on Friday, as the world's third-largest economy continues its years-long battle with deflation.
22 September 2018, 18:00 PM

Canada inflation 2.8pc in August

Canadians paid 2.8 percent more for goods and services in August than a year earlier, with prices rising across the board, official data released Friday showed.
22 September 2018, 18:00 PM

EU ratchets up pressure on Swiss to clinch new treaty

The European Union heaped more pressure on Switzerland to clinch a new bilateral treaty cementing ties, threatening to cut off cross-border stock trading by year's end if no deal emerges.
22 September 2018, 18:00 PM

Pakistan invites Saudi Arabia to join China's Belt and Road corridor

Islamabad has invited Saudi Arabia to become the third partner in the Beijing-funded Belt and Road corridor of major infrastructure projects inside Pakistan, Pakistan's information minister said on Thursday.
22 September 2018, 18:00 PM

McDonald's spared in EU tax probe

The European Union on Wednesday ended a long-running investigation into the tax arrangements between US fast food giant McDonald's and Luxembourg, finding the setup did not amount to illegal state aid.
19 September 2018, 18:00 PM

Danske Bank boss resigns after $234b money laundering inquiry

Danske Bank's chief executive Thomas Borgen quit on Wednesday following an investigation into payments totaling some 200 billion
19 September 2018, 18:00 PM

Thailand wants to connect with Chattogram port

Thailand intends to improve its connectivity with the Chattogram port to enhance economic activities with the South Asian nation, Manu Sithiprasasana, head of a visiting Thai business delegation, said yesterday.
19 September 2018, 18:00 PM

Japan trade surplus with US shrinks for second month

Japan's sensitive trade surplus with the United States shrank sharply for the second consecutive month, according to official data published Wednesday, as Tokyo nervously eyes Washington's trade war with China.
19 September 2018, 18:00 PM

Venezuela to bump China oil exports to 1m barrels a day

Venezuela is to increase its oil exports to China to one million barrels a day, President Nicolas Maduro said on Tuesday, just days after visiting the Asian powerhouse.
19 September 2018, 18:00 PM

China says it won't weaken currency to boost exports

China will not stoop to competitive devaluation of its currency, Premier Li Keqiang stressed, hours after China hit back, with a softer punch than the one landed by the United States, in an escalating tariff war between the world's largest economies.
19 September 2018, 18:00 PM

Eyeing Uber, China's Didi launches in Mexico's second city

Chinese ride-hailing service Didi Chuxing said Tuesday it is launching service in Mexico's second-largest city, Guadalajara, expanding its presence in the country -- and its challenge to market king Uber.
19 September 2018, 18:00 PM

Global tech firms gear up to fight India's planned data law

Global tech companies plan to oppose new legislation in India that would require Facebook, PayPal and others to store user data in the country, arguing it will hurt investment and the business models of foreign and domestic firms.
19 September 2018, 18:00 PM

Argentina's currency crisis a boon for foreign tourists

Argentines may be feeling the pinch of their country's economic woes, but for tourists, the troubled peso is proving a holiday boon.
16 September 2018, 18:00 PM

US fashion label Henri Bendel to close after 123yrs

Upscale US fashion label Henri Bendel -- known in recent years for its luxury handbags and shoes -- will shut down in January after 123 years in business, parent company L Brands has announced.
16 September 2018, 18:00 PM

Investors slow to follow H&M and Ikea into Ukraine

When Swedish clothing giant H&M opened its first store in Ukraine earlier this month, thousands of high-street fashion lovers rushed in to buy jeggings, flares and jersey dresses.
16 September 2018, 18:00 PM

Resilient China is firewall in emerging currency crisis

China is the last bulwark against a deep crisis in emerging economies going fully global, analysts say, although a prolonged trade war could sap Beijing's defences.
16 September 2018, 18:00 PM