Car-manufacturing powerhouse Germany is rushing to join the private sector space race as it looks to ride a boom in mini-launchers for small satellites and...

Singapore lenders Oversea-Chinese Banking Corporation and United Overseas Bank beat quarterly profit estimates on Wednesday (Aug 4), driven by recovery in their core markets and...

Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia's coal-fired power...

The board of governors of the International Monetary Fund (IMF) has approved a new general allocation of Special Drawing Rights (SDR) equivalent to 650 billion...

The 5.3 percent inflation target, set by Bangladesh Bank’s new monetary policy, is not realistic as it has been estimated on the basis of a...

JPMorgan said on Monday (Aug 2) that Chinese regulatory changes were a local, rather than a global, problem and that the bank remained overweight emerging...

Ferrari, the sports car maker synonymous with roaring petrol engines, welcomes the shift to electric powertrains and is confident of retaining its lead in the...

Oil prices fell on Monday as worries over China's economy resurfaced after a survey showing growth in factory activity slipped sharply in the world's second-largest...

Asia's factories hit a rough patch in July as rising input costs and a new wave of coronavirus infections overshadowed solid global demand, highlighting the...

US senators introduced a sweeping $1-trillion bipartisan plan to invest in roads, bridges, ports, high-speed internet and other infrastructure, with some predicting the chamber could...

A shortage of semiconductors has sent shockwaves through the global economy, squeezing supplies of everything from cars to headphones.The dearth of chips has exposed the...

Britain is nearing an agreement in principle on a free trade deal with New Zealand, its trade ministry said on Saturday, as London looks to...

US oil giants ExxonMobil and Chevron  reported strong profits Friday riding a wave of higher prices amid  recovering demand, but pledged to keep a lid...

The White House has told US automakers that it wants them to back a voluntary pledge of at least 40 per cent of new vehicles...

The eurozone's economy grew by 2% in the second three months of the year, taking the region out of recession.New figures suggest there was growth...

Citigroup said on Friday (Jul 30) it had become the first major global custodian allowed to operate an onshore fund custody business in China, tapping...

Tesla Chief Executive Officer Elon Musk on Friday (Jul 30) showed his support for "Fortnite" maker Epic Games that has challenged Apple Inc's fees on...

A roughly $1 trillion bipartisan infrastructure investment bill advanced in the US Senate on Wednesday, passing a key milestone that moves the emerging legislation toward...

The US economy likely gained steam in the second quarter, with the pace of growth probably the second fastest in 38 years, as massive government...

Canadian pipeline operator TC Energy Corp could spend billions of dollars on its plans to lower emissions by switching to renewable energy to run its...

US oil refiners are set to post their first quarterly profit since the Covid-19 pandemic, even though higher oil prices and weaker margins in June...

Pfizer Inc on Wednesday raised its forecast for sales of the Covid-19 vaccine that it developed with Germany's BioNTech by 28.8% to $33.5 billion, as...

The Biden administration is considering ways to ensure the US commercial fishing industry is paid for any losses it incurs from the planned expansion of...

The price of some cryptocurrencies has surged, after retailer Amazon revealed it was hiring an expert in the field.It advertised for a "digital currency and...

Toy maker Mattel says it has to raise prices in the run-up to Christmas as the industry giant faces higher costs.The comments come after a...

Asian shares slipped again on Monday (Jul 19) while perceived safe haven assets, including the yen and gold, edged higher as investor risk appetite was...

Teleconferencing services provider Zoom Video Communications has struck a deal to buy cloud software provider Five9 Inc in an all-stock transaction valued at about US$14.7...

When Blue Origin launches people into space for the first time, founder Jeff Bezos will be on board. No test pilots or flight engineers for...

OPEC+ ministers will meet on Sunday in another attempt to agree a quick oil supply boost to address soaring oil prices as the global economy...

The Chinese economy's sharp rebound from the coronavirus pandemic has now slowed, official figures show.Gross domestic product (GDP) increased by 7.9% in the second quarter...

After years of waiting, Richard Branson's journey to space this month on a Virgin Galactic vessel was supposed to be a triumphant homecoming. Instead, the...

Facebook on Saturday (Jul 17) defended itself against US President Joe Biden's assertion that the social media platform is "killing people" by allowing misinformation about...

US Treasury Secretary Janet Yellen announced on Friday that she will meet with regulators next week to discuss "interagency work" on stablecoins, a rapidly growing...

China will crack down on the hoarding and speculation of commodities while ensuring supplies and prices are stable, in a move to tame price volatility...

Foreign luxury cars priced at more than 10 million yen in Japan are becoming popular among wealthy people who cannot travel abroad amid the coronavirus...

Worries about business impact and the possibility of even stricter rules targeted at their industry are weighing on the minds of some nightlife operators here...

Facebook-owned messaging service WhatsApp has announced the launch of a trial aimed at freeing its users from smartphones.In a blog post on Wednesday (Jul 14),...

Thailand’s Thonburi Healthcare Group Pcl (THG) doubled down on its outspoken chairman's claim to be buying Pfizer-BioNTech vaccines on Friday (Jul 16), helping its share...

China's economy grew slightly more slowly than expected in the second quarter, weighed down by higher raw material costs and new Covid-19 outbreaks, as expectations...

India's move to ban Mastercard for breaching data storage rules has destabilized the country's financial sector as it will disrupt bank card offerings and affect...

Facebook will spend US$1 billion on social media creators through the end of 2022 in a fight for top talent announced in a week when...

An equity deal for a planned mega project near Malaysia's capital involving the government, developer Iskandar Waterfront Holdings (IWH) and its Chinese partner will not...

China's economy grew more slowly than expected in the second quarter, as slowing manufacturing activity, higher raw material costs and new COVID-19 outbreaks weighed on...

US Trade Representative Katherine Tai and her British counterpart Liz Truss agreed to continue working to strengthen bilateral ties in a meeting in Washington on...

Japan's economy will grow at a slower pace than initially expected in the third quarter, as fresh coronavirus emergency curbs in Tokyo, extending through the...

Sri Lanka has cut back on imports of farm chemicals, cars and even its staple spice turmeric as its foreign exchange reserves dwindle, hindering its...

Testifying for a second day, CEO Elon Musk pushed back again Tuesday against a lawsuit that blames him for engineering Tesla’s 2016 acquisition of a...

More than 270,000 Singaporeans and permanent residents have been hired with support from the Jobs Growth Incentive (JGI) as of February, said Manpower Minister Tan...

Tech experts in China who find a weakness in computer security would be required to tell the government and couldn’t sell that knowledge under rules...

The US government will this week warn companies of increasing risks of operating in Hong Kong and also update a previously issued warning on Xinjiang,...