Economy Rss icon

China fiscal revenue growth at 23-year low

China's fiscal revenue increased the least since 1991 last year, curbing scope to stimulate demand. Government revenue rose 8.6 per cent in ...

Consumer sentiment rises

US consumer sentiment rose in January to its highest level in 11 years on better job and wage prospects, a survey released on Friday showed. The ...

China's fiscal revenue growth declines to 23-year low

The fiscal revenue was hurt by weak factory output, consumption, investment and corporate profits

Markets Rss icon

Dollar set for record run, European shares rise

Upbeat German retail sales drives European shares

Oil slumps to near six-year low under $44

Record-high US crude inventories deepened worries over the global supply glut

Asian shares sluggish on global growth concerns

Nikkei rebounds about 1% in early trade, MSCI index flat

Companies Rss icon

Alibaba faces possible US lawsuit after fake goods row

The legal action comes after the company witnessed the biggest drop in its stock price since its debut on NYSE

AirAsia pilots disabled critical computers

The pilots of AirAsia Bhd Flight 8501 cut power to a critical computer system that normally prevents planes from going out of control shortly ...

Alibaba meets commerce regulator

The head of China's commerce regulator met with Alibaba Group Holding Ltd Chairman Jack Ma on Friday to discuss combatting fake products, the ...

Qatar Airways takes 9.99% stake in British Airways owner IAG

The airline may consider increasing its stake over time

Politics Rss icon

Romney's exit will help Jeb Bush to contest in US elections: Poll

61-year-old Bush, son of former US president George HW Bush is considerable to be a formidable Republican presidential candidate

New Saudi king announces major government shake-up

King Salman has named a new intelligence chief, replaced part of his cabinet and fired two sons of the late king Abdullah

Russia to host Kim Jong-un on his first foreign trip post assuming power

The leader is believed to have last left his country when he accompanied his father Kim Jong-il on a visit to China in 2010

China says it attaches 'great importance' to Swaraj's visit

She is scheduled to hold talks with her Chinese counterpart Wang and is also expected to meet Chinese President Xi Jinping

Finance Rss icon

Russia unexpectedly cuts key rate

Russia's central bank unexpectedly cut its benchmark interest rate by two percentage points, letting the rouble slide as the economy sinks ...

Russian central bank makes surprise interest rate cut

Following the decision, the rouble extended losses to trade as much as 4 percent on the day against the dollar

Fed upbeat on US economy, cites strong job gains

Statement signals the central bank remains on track to raise interest rates this year

IMF sets June deadline for progress on governance reforms

Reforms would give more say to emerging markets like China and Brazil

General Rss icon

Honda lowers forecasts after recalls push profit down

Company now expects a profit for the fiscal year through March of $4.6 billion, down from its previous forecast for $4.8 billion

Paes and Hingis storm into Australian Open final

The seventh seeded Indo-Swiss pair recorded a comfortable 7-5 6-4 win over the unseeded Taipei-Uruguay combine in the semifinals in one hour and ...

US Northeast braces for massive snowstorm

In New York City, the massive storm is expected to leave up to a foot (30 centimeters) of snow by Tuesday

After Jan Dhan, India eyes renewal energy world record

Power minister Piyush Goyal points to a $250 bn investment opportunity, says isnt worried about funding

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