India's August inflation seen easing below RBI's mid-term target

India's inflation likely eased below the Reserve Bank of India's medium-term target in August on softer food prices, a Reuters poll showed, raising the probability the central bank will keep interest rates on hold at its next rate review.
10 September 2018, 18:00 PM

Gold edges lower as trade concerns lift the dollar

Gold prices edged lower for a second session on Monday as trade tensions between China and the United States helped to boost the dollar and weaken the yuan.
10 September 2018, 18:00 PM

Capex drives Japan's fastest expansion since 2016, seen backing growth

Heavy capital spending in the second quarter drove Japan's economy to its fastest growth since 2016, underscoring the view that capex continues to back the economy even as trade tensions and a string of natural disasters pose risks to the outlook.
10 September 2018, 18:00 PM

In pursuit of 'Naya Pakistan'

Imran Khan's first speech to the nation after taking office as Pakistan's prime minister was impressive in its range of reforming ambition.
7 September 2018, 18:00 PM

Amazon India unveils Hindi website, app in battle with Flipkart

Amazon.com on Tuesday launched a Hindi version of its mobile website and app for Android smartphones in a bid to make deeper inroads into India's fast-growing e-commerce market, stepping up its battle with Walmart's Flipkart unit.
4 September 2018, 18:00 PM

Indian airline losses could reach $1.9b this year

Indian airlines are expected to post combined losses of up to $1.9 billion this financial year led by full-service carriers like Air India and Jet Airways driven by rising costs and low air fares, aviation consulting firm CAPA India said.
4 September 2018, 18:00 PM

Ten years later, risks lurk to global economy

The US financial system 10 years ago was brought down by toxic investments with mysterious acronyms. Today the risks to global economic stability have familiar names: China, emerging market contagion, Brexit and... Donald Trump.
4 September 2018, 18:00 PM

Australia keeps rates on hold at record low

Weak inflation, sluggish wage growth and high levels of household debt saw Australia's central bank keep interest rates on hold at a record low on Tuesday.
4 September 2018, 18:00 PM

China says its funding helps Africa develop, not stack up debt

China is helping Africa develop, not pile up debt, a top Chinese official said on Tuesday, as the government pushes back against criticism it is loading the continent with an unsustainable burden during a major summit in Beijing.
4 September 2018, 18:00 PM

Qatar Airways rethinks Indian plans due to foreign ownership rules

Qatar Airways is reviewing plans for its own domestic Indian airline due to “confusing” foreign ownership rules and could opt to work with a partner in India or take a stake in IndiGo instead, its chief executive said on Tuesday.
4 September 2018, 18:00 PM

In India, Google races to parry the rise of Facebook

Google retains only a slight lead over Facebook in the competition for digital ad dollars in the crucial India market, sources familiar with the figures say, even though the search giant has been in the country far longer and has avoided the controversies that have dogged its rival.
4 September 2018, 18:00 PM

Iraq oil exports hit 2018 peak in August

Iraq's oil exports for August hit their highest monthly figure this year, the oil ministry said Saturday, with nearly 112 million barrels of crude bringing $7.7 billion to the war-torn country's ailing economy.
2 September 2018, 18:00 PM

Canada not needed in Nafta deal: Trump

US President Donald Trump said on Saturday there was no need to keep Canada in the North American Free Trade Agreement and warned Congress not to meddle with the trade negotiations or he would terminate the trilateral trade pact altogether.
2 September 2018, 18:00 PM

The fight to save, not shut, a McDonald's in France

For decades, McDonald's was the brand French people loved to hate.
2 September 2018, 18:00 PM

US consumer spending rises strongly

US consumer spending increased solidly in July, pointing to strong economic growth early in the third quarter, while a measure of underlying inflation hit the Federal Reserve's 2 percent target for the third time this year.
30 August 2018, 18:00 PM

German unemployment holds at record low in August

Joblessness in Germany held firm at record lows in August, official data showed Thursday, as a robust economy kept companies hiring in Europe's powerhouse.
30 August 2018, 18:00 PM

Panasonic to move UK headquarters on Brexit fears

Panasonic plans to move its European headquarters from Britain to the Netherlands later this year over concerns about potential tax issues related to Brexit, a company spokeswoman said Thursday.
30 August 2018, 18:00 PM

How Tesla 'haters' put pressure on CEO Musk

An online army of skeptics and amateur sleuths that has spent years promoting bets against Tesla Inc senses an opportunity to renew pressure on the electric carmaker after the failure of Chief Executive Elon Musk's plan to take it private.
30 August 2018, 18:00 PM

PepsiCo to buy SodaStream for $3.2b

PepsiCo said Monday it plans to buy SodaStream, an Israeli maker of carbonation products, for $3.2 billion as the beverage and snacks giant makes further inroads with in-home goods.
20 August 2018, 18:00 PM

Global luxury brands again chase China's young, rich and spendthrift

Global luxury brands from Prada to LVMH are investing in China for the first time since a crackdown on conspicuous spending five years ago, focusing on smaller, less developed cities even as the world's second-largest economy slows.
20 August 2018, 18:00 PM