China central bank boss says no reason for yuan to fall further

File picture of People's Bank of China governor Zhou Xiaochuan   Sh...

Malaysia-Iran trade likely to rise this year

  Kuala Lumpur: The lifting of economic sanctions on Iran could boost bilateral...

Iran remains off limits to US banks

An Iranian woman walks past a Bank Pasargad in the capital Tehran on January 19, 2016. (AFP...

Moody’s: Cyprus Economy To Grow 1.6%

-File Photo- Cypriots walk outside a Bank of Cyprus branch on the island's capital Nic...

Greek banks won't need further recapitalisation, ECB's Nouy says

Daniele Nouy, chair of the Supervisory Board of the European Central Bank, looks on during ...

China underground banks did $150 bln in transactions in 2015: Regulator

BEIJING: Underground banks in China did more than 1 trillion yuan ($152 billion) in...

Germany’s Schaeuble to urge monetary policy changes at G20: media

  BERLIN: Germany’s Finance Minister Wolfgang Schaeuble will call for a turna...

Burberry faces U.S. lawsuit accusing it of deceptive price tags

Visitors on an open-top tour bus drive past a Burberry store in central London, Britain Jul...

Uber gets another $200 mn for emerging markets push

  Washington: Global ridesharing service Uber said Friday it had raised $200 millio...

VW says global sales climb, worsen in US

  Berlin: German automaker Volkswagen said Friday global sales of all its brands ro...

IMF nominates Lagarde for second term

IMF Managing Director Christine Lagarde in Davos.   WASHINGTON: Internationa...

Iran’s windfall from nuclear deal cut in half by debts -U.S. official

A view of a petrochemical complex in Assaluyeh seaport on Iran's Persian Gulf coas...

Germany offers 500 mln euros in credits to Iraq

  German Chancellor Angela Merkel (L) and Iraqi Prime Minister Haider al-...

Lagarde is only candidate to head IMF: official

Christine Lagarde, Managing Director of the International Monetary Fund (IMF) attends ...

Yellen inspires fresh rout on global stock markets

US Federal Reserve Board Chair Janet Yellen testifies at the House Financial Services Commi...

Indonesia unveils "big bang" for foreign investment, boldest move in 10 years

A customer of PT Mabua Harley-Davidson browses motorcycle spare parts during a clearance sa...

Dollar sinks in Asia as Fed boss dampens chance of rate hike

  Singapore: The dollar retreated across the board in Asia Thursday after ...

Amazon executive to do stint with Italian government

  San Francisco: Online retail colossus Amazon on Wednesday said that on...

Mylan offers to buy Swedish pharma firm Meda for $9.9 bn

  New York: US pharmaceutical giant Mylan said Wednesday it has struck a $...

Dovish Yellen gives big boost to yen

  New York: The Japanese yen pushed strongly higher Wednesday after a su...

Britain's Pinewood Studios owner could be sold

Pinewood Studios gateway. Credit: Alexander Williams, Wikipedia   London: Th...