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Asia's factory activity expands in June on solid momentum in global economy

The surveys show how Chinese firms are ramping up production despite weak domestic demand, which Beijing has failed to reverse with a rescue package for an ailing property sector

Myanmar junta arrests 11 for inflating rice prices, including Japanese

In Tokyo, Japanese Chief Cabinet Secretary Yoshimasa Hayashi told reporters that a Japanese national is being questioned by police in Myanmar's commercial capital Yangon

Health insurer Niva Bupa files IPO papers to raise up to Rs 3,000 crore

It aims to use the proceeds from that sale to strengthen its balance sheet and for operating expenses

Asia stocks stutter as investors ponder US rates outlook, euro gains

US stocks on Friday ended lower after an early rally fizzled

China's June new home prices rise at slowest pace in five months: Survey

The value of new home sales at China's top 100 real estate companies slid 41.6% in January-June from the same period a year ago

Google acquires stake in Taiwan solar power firm owned by BlackRock

Google and BlackRock both declined to specify the size of the equity stake being taken in NGP

Joe Biden's poor debate performance blamed on bad preparation, exhaustion

Biden, 81, fumbling, halting performance has sparked calls from Democrats for him to end his quest for a second term

Euro rises after first-round of France's snap elections, yen struggles

The euro, which has fallen some 0.8% since Prez Emmanuel Macron called the election on June 9, was last 0.24% higher at $1.0737

China's factory activity grows at fastest pace in 3 yrs, PMI rises to 51.8

Demand for consumer and intermediate goods was stronger than that for investment goods

Asia's first half crude oil imports decline, undermines bullish forecasts

The slightly weaker outcome was largely a result of lower arrivals in China, the world's biggest oil importer

BIS sends govt debt warning ahead of general elections in major countries

BIS General Manager Agustin Carstens said with interest rates not about to go back to ultra-low levels

Aramco signs over $25 bn of deals for main gas network, Jafurah gas field

Saudi Arabia is working on developing its unconventional gas reserves, which require advanced extraction methods such as those used in the shale gas industry

Israeli tanks advance into areas in north and south Gaza, fighting rages

Israeli tanks, which moved back into Shejaia four days ago, fired shells towards several houses, leaving families trapped inside and unable to leave, the residents said

Ola Electric working on building solid-state batteries: Bhavish Aggarwal

Solid-state batteries are expected to offer improved safety, a longer lifespan and faster charging compared with conventional lithium-ion batteries that use flammable liquid electrolytes

India steel, trade ministries in talks over rising Chinese imports: Report

India is monitoring cheap Chinese imports, the source said, as China continues to be top exporter of steel to the Asia's third-largest economy in recent months

Opposition asks Modi govt to question lapses in Foxconn's hiring practices

The government has sought a detailed report from the state of Tamil Nadu, site of a major iPhone factory where Reuters uncovered Foxconn's hiring practices

BJP's women's wing calls for probe into Foxconn India hiring practices

Foxconn hiring agents and HR sources cited family duties, pregnancy and higher absenteeism as reasons why Foxconn did not hire married women at the plant

Fujifilm once struggled to sell cameras, now can't keep up with demand

Fujifilm is struggling to meet demand for the $1,599 camera, prized by young 20-something social media fans for its looks and high-end functions

Russia may resume global deployment of intermediate range missiles: Putin

Putin said Russia had pledged not to deploy such missiles but that the United States had resumed their production, brought them to Denmark for exercises and also taken them to the Philippines

Apple's iPhone shipments in China surge 40% in May amid high discounts

Although the data did not explicitly mention Apple, the company is the dominant foreign phone maker in China's smartphone-dominated market