Beijing: Chinese bank lending surged in January, the central bank said yesterday, as concerns grow that a flood of credit is increasing financial...
Beijing: Chinese bank lending surged in January, the central bank said yesterday, as concerns grow that a flood of credit is increasing financial...
Nowhere are China's rusted-out industries worse than in Liaoning, a province that's slumped into outright recession and where officials have admitted to years...
London: In a move that could shake up the global auto industry, General Motors Co and French automaker PSA Group said yesterday they...
Tokyo: Toshiba hinted at a possible fresh accounting scandal yesterday as it delayed the release of financial results but warned it would lose...
Brussels: Gazprom’s bid to tap into a pipeline meant to wean Europe off Russian gas threatens to undermine a pillar of European energy...
Beijing: German luxury carmaker BMW will recall around 41,500 vehicles in China due to faulty airbags, according to the country's quality regulator. Some...
Zurich: Credit Suisse yesterday reported a net loss of 2.4 billion Swiss francs ($2.3bn) in 2016, after agreeing to a massive settlement with...
Athen: The dollar dropped against most of its Group-of-10 peers before Federal Reserve Chair Janet Yellen testifies to the Senate Banking Panel in...
Brussels: Growth in eurozone remained resilient in the fourth quarter of 2016, but slightly less than an earlier estimate, data showed yesterday. The...
Mumbai: India's largest carmaker Tata Motors yesterday reported a 96 percent fall in quarterly profits, due to a cash ban which hit domestic...
When Patrick Pouyanne took over as the head of Total's loss-making refinery division in 2011, he demanded a breakdown of costs for every...
Frankfurt: German investor confidence suffered a sharper than expected tumble in February, data showed yesterday, as growing concerns over political uncertainty cast a...
The countdown to the Federal Reserve's next policy meeting in mid-March has begun, and so have the pleadings of some central bank officials...
London: British businesses are struggling to fill in vacancies because of a drop in the supply of European Union nationals following the Brexit...
Detroit: Despite uproar created by the diesel emissions cheating scandal at Volkswagen, Ford and General Motors are poised to offer new or revamped...
London: Royal Bank of Scotland Group Plc is preparing to cut more than £1bn ($1.25bn) of annual operating costs by eliminating jobs and...
Dubai: International Monetary Fund chief Christine Lagarde yesterday voiced optimism for US economic growth under President Donald Trump but warned it could herald...
China's insurance firms face possible risks from "irrational" stock investments and large-scale overseas mergers and acquisitions, the state-run People's Daily yesterday quoted a...
