Asian shares gain in anticipation of major tax reform in US

Tokyo: Asian shares rose on Wednesday as investors hoped for progress on major tax reform in the United States, while the dollar hovered near...

EU seeks social protection for Uber like jobs

Brussels: The European Commission wants more social protection and rights for casual workers, such as those in the “gig economy”, and others with non-standard...

Oil prices sustain gains as markets move towards rebalancing

Tokyo: Oil prices came under pressure from a strong dollar, but kept most of their gains from the previous session as major producers meeting...

Asian shares steady as investors turn attention to global politics

Hong Kong: Asian shares were mixed on Monday as investors turned their attention to global politics and evaluated weekend election results from Germany and...

Citibank looks to bolster revenue growth from China’s OBOR initiative

Beijing: Citigroup Inc expects to boost its revenue growth in China by tapping into opportunities presented by Beijing’s Belt & Road initiative, the bank’s...

Oil prices inch upwards ahead of key OPEC meeting

Seoul: Oil prices edged higher on Friday as the market waited to see whether major oil producers would extend supply cuts beyond March at...

Fears of North Korean hydrogen bomb test sink Asian stocks

Tokyo: Asian stocks fell and the Japanese yen and Swiss franc gained on the mooted possibility of North Korea conducting another hydrogen bomb test,...

Asian stocks fall, as dollar rises after Fed statement

Hong Kong: Asian shares were mostly lower while the dollar strengthened Thursday after the Fed said it would start trimming its bond holdings and...

Google acquires smartphone maker HTC in $1.1 billion deal

Taipei: Alphabet Inc’s Google said it would pay $1.1 billion in cash to acquire the division at Taiwan’s HTC Corp that develops the U.S....

Uber assessing Asian operations amidst US probe

Jakarta: Uber Technologies Inc which is the subject of a U.S. federal probe into whether it broke bribery laws, has started a review of...

Asian stock stable, as dollar wavers

Tokyo: Asian stocks were mostly steady on Wednesday after Wall Street again rose to record highs, although movements were limited as a wait-and-see mood...

Apple making major changes to App store as iOS 11 release looms

Cupertino: Apple’s newest operating system for iPhones and iPads introduces changes to its marketplace for third-party software to satisfy app developers and add new...

Global oil prices fall slightly on news of rising US shale output

Singapore: Oil markets dipped on Tuesday, pulled down by rising U.S. shale output and fears that another hurricane hitting the Caribbean could knock out...

Honda invests $267 million to ramp up production of 2018 Accord model

Detroit: Honda Motor Co Ltd said on Monday it has invested $267 million and will add 300 new jobs to support increased production of...

Chinese authority’s issue order to cease Bitcoin trading

Shanghai: Chinese authorities have ordered Beijing-based cryptocurrency exchanges to stop trading and at once notify users of their closure, signaling a widening crackdown by...

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Cement prices surge to previous levels in Punjab

LAHORE: Cement prices, after witnessing a drop of almost 15pc during the last five months, have started reverting to the previous level in the northern...

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Less than 500 expats invest miserly $26 million in Diaspora bonds

Less than 500 expatriates have invested in Prime Minister Imran Khan's Pakistan Banao certificates, raising a measly $26 million, and putting the PM's major...