Indian regulator says Reliance Jio telecom offers not anti-competitive

India's anti-trust regulator said on Friday offers for free voice and data from Reliance Jio Infocomm, a unit of Reliance Industries, did not amount to anti-competitive actions, rejecting a complaint by rival Bharti Airtel.
10 June 2017, 18:00 PM

Mexico to Merkel: we want significant increase in trade

Mexican President Enrique Pena Nieto told German Chancellor Angela Merkel Friday he wants a significant increase in trade with the European Union, vowing to complete a new trade deal by year's end.
10 June 2017, 18:00 PM

Growing supply glut threatens worse to come for restive Indian farmers

Bountiful monsoon rains are unlikely to lift India's rural economy this year, and may instead compound the woes of millions of debt-ridden farmers who are struggling with low prices amid a glut of produce such as lentils, oilseeds and cereals.
10 June 2017, 18:00 PM

Costs of bank cyber thefts hit SWIFT profit last year

Dealing with cyber hacks on banks ate into profit last year at the SWIFT messaging system, which financial institutions use to move trillions of dollars each day.
10 June 2017, 18:00 PM

Apple's Cook tells MIT graduates – temper technology with humanity

APPLE CEO Tim Cook on Friday warned graduates at MIT, a pioneer in fields like computers and robots, about technology's dehumanizing aspects and urged them to infuse its development with their own values.
10 June 2017, 18:00 PM

China urges banks to devolve loan approval responsibility

China's banking regulator has urged lenders to devolve responsibility for loan approvals in order to boost credit to small and micro businesses, but also emphasized that risks need to be kept under control.
10 June 2017, 18:00 PM

WTO largely backs Boeing in trade row, faults tax break

The World Trade Organization largely cleared the United States of maintaining unfair support for Boeing Co, but said it had failed to withdraw a tax break in its main planemaking state that continues to cause trade fireworks.
10 June 2017, 18:00 PM

Uber woes mount ahead of workplace probe report

Uber has parted ways with another top executive, in the latest dent to the reputation of the ridesharing giant as it prepares to release the results of a probe into workplace misconduct.
10 June 2017, 18:00 PM

China tightens grip on yuan to head off economic risks

In rapid fire moves that have stunned investors, Chinese authorities have begun tightening control over the yuan, lifting it sharply in a concerted effort to restore market confidence and forestall risks of capital outflows and slower growth, policy insiders say.
10 June 2017, 18:00 PM

World food prices climb in May

Global food prices rose in May from the month before after three months of decline, and the world's food import bill is set to jump in 2017, the United Nations food agency said on Thursday.
8 June 2017, 18:00 PM

Asian currencies edge down on caution ahead of risk events

Asian currencies edged lower on investor caution ahead of major occurrences such as the British general election result, the European Central Bank's policy meeting, and Senate testimony from ex-FBI director James Comey due in the coming 24vhours.
8 June 2017, 18:00 PM

Gold discounts widen in India

Demand for gold in Asia was muted this week as the bullion's rebound in prices curbed purchases, with discounts in India widening to the highest in more than five months.
8 June 2017, 18:00 PM

India calls for middle-income country coalition to revive globalisation

India called on Thursday for a coalition of middle-income countries to drum up support for globalisation as a political backlash in the United States and parts of Europe against free trade and investment imperils its growth aspirations.
8 June 2017, 18:00 PM

China May forex reserves rise more than expected

China's foreign exchange reserves rose in May for a fourth consecutive month and by more than markets had expected, as stringent capital control measures and a weakening in the dollar helped staunch outflows.
7 June 2017, 18:00 PM

Sony's PlayStation VR headset sales top 1m units

Sony Corp has sold more than one million units of its virtual reality (VR) headset globally, the Asia chief of the Japanese firm's gaming unit said on Wednesday, as a relatively low price helps push the product into an early lead.
7 June 2017, 18:00 PM

US, Mexico reach sugar pact without backing from US producers

Mexico agreed to significant concessions on Tuesday to maintain its access to the lucrative US sugar market, but US sugar producers refused to endorse the deal between the governments, raising the risk that it could collapse.
7 June 2017, 18:00 PM

Australia economy ties record for longest expansion, looking tired

Australia's economy squeezed out just enough growth last quarter to match the Netherlands' record of 103 quarters without recession, but its stamina is in doubt as households struggle with paltry wage rises and punishing debt.
7 June 2017, 18:00 PM

Arab rift deepens woes for Gulf airlines

A bust-up between Arab powers has dealt a blow to supercarriers already hurt by low oil prices and laptop bans, exposing the sensitivity of Gulf hubs to regional uncertainty and creating openings for rival airlines - at least in the short term.
7 June 2017, 18:00 PM

Here comes the sun: investors increasingly hot on solar projects in SE Asia

Investors are increasingly excited about the prospects for much faster growth in the solar power industry in Southeast Asia, which has until now been a backwater for renewable energy.
7 June 2017, 18:00 PM

Luxury hotels arrive in Cuba despite fears Trump may hurt tourism boom

Towering cranes dot the Havana skyline as communist-run Cuba races to build luxury hotels, amid indignation among some residents and concern that US President Donald Trump might reverse a detente that fueled the tourist boom.
7 June 2017, 18:00 PM