Inflation picks up in Indonesia during Muslim holy month

Inflation rose in Indonesia in June as tens of millions of Muslims observing the Islamic holy month spent extra cash on food, government data showed Wednesday.
1 July 2015, 18:00 PM

West African leaders urge liberalisation of region's power sector

Five West African leaders Wednesday urged regional governments to liberalise the region's electricity sector to overcome insufficient power capacities that deprive most of the area's 300 million inhabitants access to energy.
1 July 2015, 18:00 PM

Malaysia's outlook now stable: Fitch

Credit ratings agency Fitch surprised analysts by upgrading Malaysia's sovereign outlook to "stable" from "negative", boosting the country's currency on Wednesday and providing welcome relief to the country's controversy-plagued government.
1 July 2015, 18:00 PM

Vietnam to end foreign investment limits for some companies

Vietnam said Sunday it will end restrictions limiting the stake foreigners can own in some locally listed companies, the latest move by the communist country to open up to overseas investments.
28 June 2015, 18:00 PM

US auto industry braces for labour talks

The uneasy labour peace which helped the US auto industry survive a financial collapse will soon be tested as the Detroit Three prepare for contract talks with the United Auto Workers.
28 June 2015, 18:00 PM

China-backed AIIB to take concrete shape

One of China's biggest ever foreign policy successes will take concrete shape on Monday when delegates from 57 countries sign an agreement on the Asian Infrastructure Investment Bank (AIIB) in Beijing.
28 June 2015, 18:00 PM

European Bank eyes first tie-ups with new AIIB

The head of the European Bank for Reconstruction and Development (EBRD) said on Saturday his institution hoped to have its first joint projects with the new $100 billion China-led Asian Infrastructure Investment Bank (AIIB) in place by next year.
28 June 2015, 18:00 PM

Wal-Mart to impose charges on suppliers as its costs mount

WAL-MART Stores will begin charging fees to almost all vendors for stocking their items in new stores and for warehousing inventory, raising pressure on suppliers as the world's largest retailer battles higher costs from wage hikes.
24 June 2015, 18:00 PM

BlackBerry cuts losses in Q1

Blackberry on Tuesday posted a first quarter loss of $28 million, cutting in half the financial deficit the smartphone maker posted during the same period last year.
24 June 2015, 18:00 PM

Volkswagen to play catch-up in India with feature-rich subcompact

Germany's Volkswagen AG, Europe's biggest automaker, is betting that the launch of a feature-rich subcompact in India next year will build on its mere 2 percent market share and drive expansion in the quick-growing emerging market.
24 June 2015, 18:00 PM

China to invest $80b in 193 aviation projects this year

China will invest 500 billion yuan ($80 billion) in 193 major domestic aviation projects this year, the country's aviation regulator said, to meet growing demand from travelers and to bolster growth as the world's second-largest economy slows.
24 June 2015, 18:00 PM

Gaps remain in Greek talks with creditors

Greece's Prime Minister Alexis Tsipras flew to Brussels to meet Greece's international creditors on Wednesday to try to bridge gaps on key elements of the proposals made by his left-wing government to shore up state finances in return for vital loans.
24 June 2015, 18:00 PM

Australia latest US ally to join China-led AIIB

Australia said Wednesday it will join the new Beijing-led Asian Infrastructure Investment Bank as a founding member, contributing Aus$930 million (US$719 million) in paid-in capital over five years.
24 June 2015, 18:00 PM

Ad agencies under the gun from major contract reviews

An unprecedented number of blue-chip companies have put their advertising contracts up for review this year, underlining the growing pressure on ad agencies as online marketing threatens their traditional role and profit margins.
24 June 2015, 18:00 PM

Eight EU nations urge caution on internet regulation

Eight European Union nations including Britain, Ireland and Poland on Tuesday urged caution with regulating the Internet, as Brussels prepares a sweeping review of the behaviour of web giants that could see them subjected to new rules.
24 June 2015, 18:00 PM

Nestle trying to restore image

Nestle chief Paul Bulcke says he has drawn the lessons from India's shock ban on its Maggi instant noodles over a health scare and is now trying to salvage the image of the world's top food company.
24 June 2015, 18:00 PM

German business leaders warn Merkel not to go soft on Greece

German business leaders urged Chancellor Angela Merkel to take a tough line with Greece at an emergency summit of euro zone leaders later on Monday, saying only reform concessions from Athens could keep the country in the euro zone.
22 June 2015, 18:00 PM

Asia's exporters struggle to cope with a changing global economy

In the good old decades, many Asian governments could stick to a simple economic strategy - ramp up exports, and reap solid growth rates.
22 June 2015, 18:00 PM

Greece offers new proposals ahead of emergency summit

Greek Prime Minister Alexis Tsipras made a new offer on a reforms package to foreign creditors on Sunday, signalling eleventh-hour concessions to break a deadlock that has pushed Greece to the brink of bankruptcy.
22 June 2015, 18:00 PM

Facebook gaining ground on YouTube in video ads

Facebook is gaining ground on Google's YouTube as an outlet for big companies to market their products via online videos, the fastest growing category of Internet ads, a report published on Monday said.
22 June 2015, 18:00 PM