S Korea, China formally sign free trade pact

China and South Korea on Monday formally signed a free trade agreement (FTA) that would remove most tariffs between Asia's largest and fourth-largest economies, whose trade is already worth more than $200 billion.
1 June 2015, 18:00 PM

Malaysia Airlines cuts 6,000 jobs as new CEO rolls up sleeves

Malaysia Airlines is "technically bankrupt", its new German CEO said Monday as the carrier slashed 6,000 jobs as part of plans to
1 June 2015, 18:00 PM

Chicken prices in India surge to record as heat wave kills millions of birds

Chicken prices in India soared to a record high after a heat wave killed more than 17 million birds in May, as temperatures regularly
1 June 2015, 18:00 PM

Tourism industry alarmed over new S African visa policy

South Africa on Monday rolled out tough new visa regulations requiring children travelling into the country to carry unabridged birth
1 June 2015, 18:00 PM

Drought-hit North Korea seen able to avoid food crisis

North Korea has updated farming methods and switched crops that could help soften the blow of drought and avert a disastrous food shortage, an aid worker and an analyst said on Sunday, after a UN official warned of another "huge food deficit".
31 May 2015, 18:00 PM

Crunch time for Greece; US and Chinese data in focus

Years of uncertainty and economic pain spent keeping Greece in the euro zone boils down in June to a handful of make-or-break
31 May 2015, 18:00 PM

New wave of smart tech on show at Taiwan's Computex

Smart living and wearable technology will take centre stage at Asia's largest tech trade show from Tuesday with gadgets promising to do everything from analysing state of mind to identifying burglars.
31 May 2015, 18:00 PM

Merkel appeals to Germans to back trade pact ahead of G7 meeting

Chancellor Angela Merkel tried to drum up support in Germany for the Transatlantic Trade and Investment Partnership (TTIP) ahead of
31 May 2015, 18:00 PM

Airbus sees "several hundred" orders at Paris Airshow

Airbus could announce "several hundred" airplane orders at the June 15-21 Paris Airshow, Fabrice Bregier, chief executive of the planemaking unit of Airbus Group, said on Saturday.
31 May 2015, 18:00 PM

German business lobby groups call for Russia's inclusion in G7

Russia should be invited to rejoin a summit of the Group of Seven industrial powers next weekend, the heads of two German business lobby groups were quoted as saying on Sunday.
31 May 2015, 18:00 PM

Strong sales could shift Ford, GM to higher gear

Shares of US automakers may finally be able to accelerate. Investors are closely awaiting next week's May sales data, expected to come in near record levels.
31 May 2015, 18:00 PM

Google unveils Android Pay in fresh challenge to Apple

GOOGLE on Thursday unveiled its pay-with-a-phone system for Android devices, ramping up its challenge to Apple in mobile payments.
30 May 2015, 18:00 PM

AirAsia profit up in Q1

Malaysia-based AirAsia, the region's biggest low-cost carrier by fleet size, said its first-quarter net profit climbed seven percent year-
30 May 2015, 18:00 PM

US economy shrinks in first quarter

The US economy shrank 0.7 percent in the first three months of 2015, compared to the same period last year.
30 May 2015, 18:00 PM

No quick recovery for Russian economy: ex-minister

The Russian economy will not start recovering from crisis for another year, ex-finance minister Alexei Kudrin said on Friday, forecasting
30 May 2015, 18:00 PM

Japan posts lacklustre household spending, inflation

Japanese household spending unexpectedly fell in April while inflation and factory output were also lacklustre, a string of official data
30 May 2015, 18:00 PM

India's labourers toiling in heatwave have little choice

In India's upmarket "Millennium City", labourers building luxury homes say they have little choice but to toil in the extreme heat,
30 May 2015, 18:00 PM

Greece, EU partners pressed to resolve debt crisis at G7 finance meeting

The United States and Japan pressed Greece and its European partners to resolve Athens' debt crisis and avoid rattling the eurozone
30 May 2015, 18:00 PM

India's economy grows 7.3pc in 2014-15

India posted annual growth of 7.3 percent on Friday, overtaking China in the first three months of 2015, but analysts warned further
30 May 2015, 18:00 PM

Philippine GDP slows

Philippine economic growth in the first quarter slowed to a three-year low of 5.2 percent, well below forecasts, due to lethargic government spending
28 May 2015, 18:00 PM