Japan looks to kick-start 'fintech' revolution

A laggard in embracing the 'fintech', or financial technology revolution, Japan is set to ease investment restrictions that could free up the flow of capital in an economy sitting on an estimated $9 trillion in individuals' cash deposits.
27 March 2016, 18:00 PM

Nigerian businesswoman: A cut above in macho world of diamonds

Nigerian Thelma West is a rare gem in the diamond world as a woman in a male-dominated sector with few Africans, despite the continent being the main source of the precious rocks.
27 March 2016, 18:00 PM

China has enough tools to ensure stable economy: Premier

China has enough policy tools to keep the economy stable despite "deep rooted" structural problems and downward pressure, Premier Li Keqiang said on Thursday, channeling calm amid concerns about the country's slowdown.
24 March 2016, 18:00 PM

More Wall Street banks, investors help write blank checks

An obscure corner of the US IPO market is getting a new lease on life as more Wall Street banks and institutional investors turn to blank-check acquisition vehicles, once the domain of only a few underwriters and hedge funds, for better fortunes.
24 March 2016, 18:00 PM

German consumer morale edges lower

Consumer confidence in Germany is beginning to feel the heat from global economic risks, a poll found on Thursday. "Optimism among German consumers faded somewhat in March," market research company GfK said in a statement.
24 March 2016, 18:00 PM

Amazon says its female workers paid equally as men

Amazon.com Inc, under pressure from an activist shareholder to disclose its policies on gender pay equality, said on Wednesday its female employees earned as much as their male counterparts, according to a survey it recently conducted.
24 March 2016, 18:00 PM

Mitsubishi to post first net loss

Japanese trading firm Mitsubishi Corp said on Thursday it would post its first ever annual loss in the year to March 31, totalling 150 billion yen ($1.33 billion), hurt by massive writedowns from a slump in commodities.
24 March 2016, 18:00 PM

European banking supervisor urges banks to re-think business model

Low interest rates and exposure to substantial amounts of bad debt have severely weakened Europe's banks, and should cause them to re-evaluate their business models, the region's banking supervisor said Wednesday.
24 March 2016, 18:00 PM

Turning guerrilla fighters into entrepreneurs

Former guerrilla fighter Gladis Giraldo says she ultimately realised that violence was not the answer.
24 March 2016, 18:00 PM

World's biggest startup? Samsung Electronics to reform corporate culture

Samsung Electronics Co Ltd, the world's biggest maker of smartphones and memory chips, announced on Thursday that it plans to adopt a corporate culture akin to a startup, seeking to become more nimble as growth slows.
24 March 2016, 18:00 PM

Activist fund seeks to replace Yahoo board

An activist hedge fund Thursday launched a bid to replace the entire Yahoo board of directors, saying the struggling Internet firm's management team has "failed to deliver results."
24 March 2016, 18:00 PM

Zimbabwe gives foreign firms week to comply with indigenisation laws

Zimbabwe on Wednesday gave foreign businesses until April 1 to comply with controversial equity laws that compel them to cede majority stakes to locals or risk closure.
23 March 2016, 18:00 PM

US grants China's ZTE temporary reprieve on export curbs

The US government will give Chinese telecom equipment and smartphone maker ZTE Corp a three-month reprieve on tough export restrictions it imposed this month, the Commerce Department said on Tuesday.
23 March 2016, 18:00 PM

No water, no jobs

An estimated three out of four jobs globally are dependent on water, meaning that shortages and lack of access are likely to limit economic growth in the coming decades, the United Nations said on Tuesday.
23 March 2016, 18:00 PM

Occupation, industry biggest factors in gender pay gap: study

The biggest obstacle to women receiving equal wages is the sorting of the sexes into different jobs and industries, while differences in education, age and experience account for only a small portion of the gender pay gap, according to new research.
23 March 2016, 18:00 PM

Opec, Russia oil output freeze deal may be 'meaningless': IEA

A deal among some Opec producers and Russia to freeze production is perhaps "meaningless" as Saudi Arabia is the only country with the ability to increase output, a senior executive from the International Energy Agency (IEA) said on Wednesday.
23 March 2016, 18:00 PM

Mediacom becomes Google Partner

Advertising agency Mediacom has become a certified Google Partner that has four indexes: display, search, video and analytics.
23 March 2016, 18:00 PM

India defends right to issue drug "compulsory licences"

INDIA has defended its right to grant licences allowing local firms to override patents and make cheaper copies of drugs discovered by big Western drugmakers, and said reports to the contrary were "factually incorrect".
23 March 2016, 18:00 PM

Top UK firms keep women off boards: inquiry

Nearly two-thirds of Britain's 350 biggest listed companies have failed to reach a target of having 25 percent of female board members, and four-fifths have two or fewer women on their boards, an inquiry into gender diversity said on Wednesday.
23 March 2016, 18:00 PM

The next big thing in phones may not be a phone

Nearly a decade after the iPhone broke the mould for mobile phones the question being asked is whether the evolution of the smartphone has finally come to an end, as even Apple now treats older, smaller 4-inch screens as something new.
23 March 2016, 18:00 PM