Business
Japan Post Prepares for World’s Biggest IPO
State-owned Japan Post is seeking to raise as much as 1.39 trillion yen ($11.5 billion) in a stock market listing that would be one...
Android Pay Available in More than One Million Locations in US
Google’s Android Pay is now available at more than one million locations in the US competing with Apple Pay in the burgeoning mobile payments...
Singapore Elections 2015: Ruling People’s Action Party Expected to Stay in Power
Polls have opened in Singapore for an election that is widely expected to see the ruling People's Action Party (PAP) stay in power. However, for...
S&P Cuts Brazil’s Sovereign Debt Rating to Junk
Standard & Poor's has cut Brazil’s sovereign debt rating to "junk" status. As a result, Brazil has lost its investment-grade rating. S&P said mounting political turmoil...
Global Food Prices in Biggest Fall Since 2008
According to UN’s Food and Agriculture Organization (FAO), August 2015 saw a 5.2% fall in global food prices, the biggest drop since 2008. The FAO...
Hyundai Workers to Go on Strike over Wages
Hyundai Motor union workers voted to strike on September 10 after being unable to reach a deal in wage talks. The union and management agreed...
Asian Stock Markets Close Lower on Economic Worries
Asian stock markets were mostly lower on September 10 as economic data from Japan and China made investors cautious. After surging almost 8% on September...
China Rising Food Prices Push up Inflation to One-Year High
China’s rising food prices pushed up inflation to a one-year high in the world's second largest economy. The consumer price index (CPI) unexpectedly rose to...
Jeff Smisek: United Airlines CEO Resigns amid Corruption Investigation
United Airlines chairman and CEO Jeff Smisek has resigned amid a corruption investigation. Two other executives of the US's third largest airline also quit. According to...
Quiksilver Files for Bankruptcy in US
Surf clothing and snowboard outwear company Quiksilver has filed for bankruptcy in the US after it lost 79% of its market value this year. Founded...
Rolls-Royce Sales Hit by Chinese Market Crisis
According to latest figures, the sales of Rolls-Royce luxury cars have been affected by a fall in demand in China. Rolls-Royce CEO Torsten Muller-Otvos said...
Japan’s Stock Market in Biggest One-Day Jump Since 2008
Japan's stock market closes up almost 8% on September 9 in its biggest one-day jump since late 2008. Nikkei 225 index closed up 7.71% at...
Hillary Clinton Apologizes for Using Private Email
Democrat presidential hopeful Hillary Clinton has apologized for her use of a personal email account for official business whilst secretary of state between 2009...
Tesco Sells South Korean Business Homeplus for $6.7 Billion
Tesco has sold its South Korean Homeplus stores, for £4.2 billion ($6.7 billion) as the troubled supermarket chain seeks to shore up its balance...
Japan’s Shares Lose All Year-to-Date Gains
Japan's shares lost this year’s gains after Nikkei index fell below 17,450.77 points on September 8. Japan’s benchmark index finished the day down 2.43% at...
China Imports Fall 14.3% in August 2015
According to latest trade figures, China's August imports fell 14.3% in yuan-denominated terms from a year ago, while exports fell by 6.1%. The steep fall...
Toshiba Posts $318 Million Net Loss
Toshiba has posted a net loss of 37.8 billion yen ($318 million) for the year to March. The delayed result follows the sale of its...
HTC Exits TSWE 50 Index After Share Price Fall
HTC has been dropped from Taiwan's TSWE 50 index, following a 66% slide in its share price this year. The collapse in HTC's share price...
The Wisest Investments of the Year
Before you invest your money, you need to think about what the wisest investment to make is. Here are some of the best investment...
Saudi Arabia Cuts State Spending After Oil Price Collapse
Saudi Arabia government has decided to cut spending and delay some state projects after the recent decline in the price of oil, Finance Minister...
China Stock Markets Volatile After Four-Day Weekend
The Chinese markets were volatile for much of September 7 as mainland stock exchanges reopened following a four-day weekend. The Shanghai Composite traded erratically, but...
Guatemala Elections 2015: Jimmy Morales Leads Presidential Vote After Early Results
Guatemalan actor Jimmy Morales is leading in the country's presidential poll, early results have showed. Jimmy Morales, who has campaigned against corruption, has about 25%...
Sarah Palin Wants to Be Named Energy Secretary Under Donald Trump Presidency
Former Alaska Governor Sarah Palin has said she would like to serve as energy secretary in a Donald Trump administration in order to abolish...
Guatemala Elections 2015: Voters Heading to Polls amid Political Crisis
Voters in Guatemala are heading to the polls in presidential elections amid a deep political crisis. Former President Otto Perez Molina resigned this week and...
China’s Bohai Leasing Buys Irish Aircraft Leaser Avolon for $2.5 Billion
Bohai Leasing, a unit of China’s aviation giant HNA, is buying the Irish aircraft leasing company Avolon Holdings for about $2.5 billion. The leasing group...
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