China’s incredible achievement all home-grown: ADB
BEIJING:Â What China has achieved in the last 40 years is unprecedented in human history, and all through "home-grown effort," according to Asian...
India’s Reliance takes over ExxonMobil as world’s second most valuable energy companyÂ
BENGALURU: India’s Reliance Industries has taken over from America’s largest energy company ExxonMobil as the world’s second most valuable energy company after...
Renault sales fall in weakening auto market
PARIS: French auto giant Renault said on Tuesday its first-half sales were hit by a slowdown in several emerging countries but overall...
Daily bitcoin transactions on darknet markets doubled throughout 2018
Use of bitcoin as a form of payment doubled in 2018 on darknet market sites, where users can buy anything from illegal...
Asian shares buoyed by China optimism, markets eye US presidential debate
SYDNEY: Asian markets were powered on Monday by signs China’s economic recovery was gaining momentum with pent-up demand, fiscal stimulus and surprisingly...
Oil eases as investors await Iran nuclear talks this week
SINGAPORE: Oil pulled back after hitting fresh multi-year highs on Monday, as investors awaited the outcome of this week's talks between Iran...
Oil adds to gains as worries over Omicron ease
MELBOURNE/BEIJING: Oil prices rose on Thursday, extending gains into a fourth session on positive comments from vaccine makers about the Omicron variant,...
Malaysia seeks $7.5 billion in reparations from Goldman Sachs: FT
Goldman Sachs has consistently denied wrongdoing and said certain members of the former Malaysian government and 1MDB lied to the bank about the proceeds of the bond sales
Huawei selling Honor phone brand in face of US sanctions
BEIJING: Chinese tech giant Huawei is selling its budget-price Honor smartphone brand in an effort to rescue the struggling business from damaging...
Renault-Nissan group sold most cars last year, but VW’s No.1 including trucks
Renault SA, Nissan Motor Co Ltd and Mitsubishi Motors Corp together sold 10.76 million passenger cars and light commercial vehicles in 2018, according to calculations after new data released on Wednesday
Oil prices rise for first time in three days, but trade war drags
Both crude benchmarks have fallen about $10 a barrel from four-year highs reached in the first week of October and are on track to post their worst monthly performance since July 2016
Swirling Bitcoin registers $2,000 slump in 24 hours
LONDON: Bitcoin slid to as low as $9,000 in volatile trade on Thursday, having lost more than a fifth of its value...
Chinese celebs, netizens slam ‘two-faced’ Hugo Boss over Xinjiang
BEIJING: At least three Chinese celebrities on Saturday dropped German fashion house Hugo Boss, the latest foreign brand caught in a concerted...
US draws China FX into trade dispute as IMF calls for resolution
NUSA DUA:Â The United States sought to make currency a central part of any solution to a bruising trade fight with China, keeping...
Zuckerberg’s broken promise? – Here’s why Instagram’s co-founders left Facebook
In a surprising move yesterday, we found out that the photo-sharing app Instagram’s co-founders, Kevin Systrom and Mike Krieger had left Facebook,...