Economy Rss icon

Citigroup cuts long-term iron ore forecast to $55 as demand shrinks

Says demand led by top consumer China will contract from 2018 to 2025 while low-cost output will rise

Greece and creditors play down fears of imminent default

The June 5 payment is the first of four loan instalments totalling $1.76 bn due to the IMF next month, and the date has turned into the next ...

Solid US biz spending plans offer ray of hope for factories

A gauge of US business investment spending plans increased solidly for a second straight month in April, a hopeful sign for manufacturing ...

Markets Rss icon

Wall Street opens lower as Greece, jobs data weigh

The Dow Jones industrial average fell 0.27%

Dollar momentum wanes, China stocks take heavy tumble

Commodity markets rebound as dollar's momentum wanes

China stocks slump 6% on margin tightening

Investors rush to sell after more brokers tighten margin trading requirements

Companies Rss icon

Australia iron ore magnate Rinehart weakened by court ruling

Order comes after a long-running legal battle

Google planning to take on e-commerce sites with 'buy button'?

Feature to allow users to buy directly from paid ads on search pages, instead to having to visit third-party merchant sites

US judge puts GM ignition-switch suits on ice, for now

A U.S. bankruptcy judge on Wednesday put on hold dozens of lawsuits accusing General Motors Co of concealing an ignition-switch defect while ...

BlackBerry to lay off workers across the globe

Company in a recent statement said that it has decided to consolidate its device software, hardware and applications business, impacting a ...

Politics Rss icon

France says Britain EU referendum 'very risky'

Says while Britain would lose the most by leaving the bloc, the bloc would also suffer

Brazil protesters demand Rousseff impeachment

The movement is a focal point for mainly middle class anti-Rousseff demonstrators hoping to piggyback on 2013 protests against corruption

Deal with the blocks and Lanka-India trade can grow exponentially: Eran Wickramaratne

Interview with Sri Lanka's deputy minister for highways and investment promotion

Libya PM escapes assassination attempt: spokesman

Armed men attack PM's car while it was leaving Parliament

Finance Rss icon

South Korea seeks deeper cooperation with Japan on China-led AIIB

Japan remains cautious about AIIB, which it has refrained form joining yet

China, India likely to be largest shareholders of AIIB

China's share pegged at 25-30%, India's between 10-15%

China-backed AIIB expects to be operational by year-end

China will likely take a 25-30% stake in the bank and India is likely to be the second-largest shareholder

BOJ slightly more optimistic on economy as business mood improves

Maintains its massive stimulus programme

General Rss icon

FIFA officials arrested in Zurich on corruption charges

They were arrested 'on suspicion of the acceptance of bribes and kick-backs between the early 1990s and the present day'

SIA plane loses power mid-air with 194 onboard

The incident occurred at 39,000 ft about 3.5 hours after Flight SQ836, operated by an Airbus A330-300, left Changi Airport on Saturday

Media CEOs are the highest-paid American executives

Six of the 10 highest-paid CEOs last year worked in media industry, according to a study carried out by executive compensation data firm Equilar ...

Houston submerged as wild weather kills 20 in US, Mexico

More than 10 inches (25 centimeters) of heavy rain fell in just a few hours, triggering the worst flooding in at least a decade

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