Japan central bank to cut next fiscal year's growth

THE Bank of Japan (BOJ) is expected to cut next fiscal year's economic and price forecasts at a quarterly review in April, sources say, reflecting growing gloom in the bank after its most recent stimulus measures fell on stony ground.
7 March 2016, 18:00 PM

China labour rules harm economy: finance minister

CHINA'S labour regulations harm workers by reducing job opportunities, the finance minister said Monday as Beijing tries to restructure its economy while avoiding mass layoffs and social unrest.
7 March 2016, 18:00 PM

Low oil prices put strains on Gulf currency pegs

WEAK oil prices pose a threat to Gulf Arab states' currency pegs against the dollar, but the energy-rich region is unlikely to abandon the policy yet, analysts say.
7 March 2016, 18:00 PM

Celebrities urge leaders to put girls at heart of anti-poverty drive

CHAT show queen Oprah Winfrey, actress Meryl Streep and singer Elton John called on Monday for world leaders to put girls at the heart of anti-poverty efforts as a new index revealed Niger was the toughest country to be a girl.
7 March 2016, 18:00 PM

More than 40pc of India's women confined to domestic work: report

WOMEN are among the most excluded groups in India, with almost 43 percent of working-age women confined to domestic work, while many who do work outside the home face exploitation and low pay, according to the India Exclusion Report.
7 March 2016, 18:00 PM

Chief of Russia's biggest carmaker Avtovaz to step down

Russia's biggest carmaker Avtovaz, majority owned by Renault-Nissan, said on Monday its chief executive Bo Andersson is to step down.
7 March 2016, 18:00 PM

China Feb FX reserves fall to $3.20tr, lowest since late 2011

China's foreign exchange reserves fell $28.57 billion in February, slightly less than expected and easing from January's slump, suggesting the central bank is scaling back its interventions to support the yuan as capital outflows slow.
7 March 2016, 18:00 PM

Luxembourg duchess seeks return to Cuba to develop microfinance

She fled Cuba with her bourgeois family as revolution brewed, and later married into one of Europe's royal dynasties.
7 March 2016, 18:00 PM

CareersClub starts operation in Bangladesh

CareersClub Pty Ltd Australia has recently started its operations in Bangladesh and organised a workshop in collaboration with the business school of Independent University of Bangladesh on its premises.
7 March 2016, 18:00 PM

China telecom giant ZTE faces US 'restrictions'

Chinese telecommunications equipment giant ZTE said on Monday that it is facing US government restrictions, after a media report that the company allegedly violated US export controls on Iran.
7 March 2016, 18:00 PM

Pharma crusader takes India's drug regulators to court

One of India's best-known whistleblowers, who exposed dangerous practices in the generic drug industry in 2013, is taking the country's drugs regulators to court, accusing them of failing to enforce rules on drug safety in the $15 billion industry.
7 March 2016, 18:00 PM

Four more foreign banks get Myanmar licence

Four more foreign banks have been given preliminary approval to operate in Myanmar, state media reported Sunday, the latest government attempt to attract overseas investment to the emergent nation.
6 March 2016, 18:00 PM

China says economy will "absolutely not" experience hard landing

China's economy isn't headed for a hard landing and isn't dragging on the global economy, China's top economic planner said on Sunday, but uncertainty and instability in the global economy do pose a risk to the country's growth.
6 March 2016, 18:00 PM

India to study mergers of state-run banks in efficiency push

India will consider merging some of its more than two dozen state-run banks, the finance minister said on Saturday, as the government seeks to improve efficiency at the ailing lenders that dominate the nation's banking sector.
6 March 2016, 18:00 PM

British retailers invite rival brands to fill their empty spaces

As online deliveries surge and shop sales fall, Britain's retailers are looking to refit their once bustling superstores with new attractions such as rivals' fashion brands to fill empty spaces and keep shoppers coming through the door.
6 March 2016, 18:00 PM

Bankers jostle to be junior as UK accountability rules kick in

New rules to hold bosses responsible for wrongdoing at British banks is deterring some bankers from taking on senior management roles and even prompting big-hitters to play down their own importance, say legal and compliance experts.
6 March 2016, 18:00 PM

BMW celebrates 100th anniversary

German luxury carmaker BMW will throw a lavish 100th birthday party on Monday, looking back at its often troubled history and forward as it seeks to adapt to the age of "personal mobility".
6 March 2016, 18:00 PM

Italy announces record haul from crackdown on tax fraud

ITALY recovered a record 14.9 billion euros in unpaid tax in 2015, helped by a new "no questions asked" appeal to suspected dodgers to put their affairs in order.
2 March 2016, 18:00 PM

Australia's economy expands faster than expected

AUSTRALIA'S economy strengthened last year supported by consumer and government spending, data showed Wednesday, with the better-than-expected figures raising hopes the resources-dependent nation is emerging out of a recent slump.
2 March 2016, 18:00 PM

Airbus starts work on new China facility

EUROPE'S largest aircraft manufacturer Airbus started construction Wednesday on a new facility to deliver wide-body planes in China, as it faces off against bitter US rival Boeing for market share in the world's second-largest economy.
2 March 2016, 18:00 PM