close
This ad will auto close in 10 seconds
China's Alibaba puts internet in cars, plans to take drivers out China's Alibaba puts internet in cars, plans to take drivers out

Among major tech companies, Alibaba is relatively late to offer a platform that can link a smart phone to a car, trailing platforms already launched by Alphabet`s Google, Apple and Baidu.

China service sector activity jumps to 11-month high China service sector activity jumps to 11-month high

Activity in China`s services sector rose to an 11-month high in June, a private survey showed on Tuesday, diverging from struggling manufacturing in a trend that if sustainable would indicate Beijing is making progress in rebalancing the economy.

Asian markets slip as post-Brexit rally fades Asian markets slip as post-Brexit rally fades

Asian markets mostly fell Tuesday as a week-long rally finally came to an end with traders cashing in profits and awaiting developments in Britain`s preparation to leave the European Union after last month`s exit vote.

Travel despite rising Rupee: In these countries, Rupee is stronger than local currency Travel despite rising Rupee: In these countries, Rupee is stronger than local currency

Here are five exotic locations you can try despite the rising Rupee.

Brexit vote shakes up London property market

The aftershocks of Britain`s decision to leave the European Union have hit the property sector over the past week, with a foreign bank freezing loans for buyers and some investors pulling out of commercial deals.

Tata may freeze auction of steelworks to assess the fallout of Brexit: Report Tata may freeze auction of steelworks to assess the fallout of Brexit: Report

In order to assess the fallout of the Brexit vote, Tata Steel is set to freese auction of its steelworks in the UK.

'UK to face inflation, recession risks due to Brexit' 'UK to face inflation, recession risks due to Brexit'

Britain will face two key challenges, inflation and recession, after Britons voted to leave the European Union, or Brexit, European Central Bank Governing Council member Francois Villeroy de Galhau said on Sunday.

Bangladesh garment industry trembles after Dhaka attack Bangladesh garment industry trembles after Dhaka attack

Some leaders of Bangladesh`s $26 billion garment industry expect Western fashion retailers to review their ties with the world`s second-largest garment exporter after Islamist militants killed more than a dozen foreigners in an attack on a Dhaka restaurant.

French PM tells London financial firms "Welcome to Paris"

France is working on ways to make Paris a more attractive financial centre to rival the City of London after Britain`s vote to leave the European Union, Prime Minister Manuel Valls said on Saturday.

Thousands of protesters march in London against Britain`s vote to leave the EU Thousands of protesters march in London against Britain`s vote to leave the EU

Thousands marched through London on Saturday to protest against Britain`s vote to leave the EU, which has sparked political turmoil and polarised public opinion.

IMF`s Lagarde should face trial in Tapie case: French prosecutor IMF`s Lagarde should face trial in Tapie case: French prosecutor

A French prosecutor on Friday said IMF chief Christine Lagarde should stand trial for her handling of a massive state payout to tycoon Bernard Tapie in 2008 when she was France`s finance minister.

Eurozone unemployment falls to near five-year low Eurozone unemployment falls to near five-year low

Eurozone unemployment fell to a near five-year low in May, official data said on Friday, in a rare positive sign for a sluggish European economy struggling to return to solid growth.

Brexit: IMF warns of repercussions for global economy Brexit: IMF warns of repercussions for global economy

Britain's decision to leave the European Union has created "significant uncertainty" that will have repercussions not only for the UK and Europe, but also for the global economy, the International Monetary Fund has warned.

China bank PSBC files for 2016's biggest IPO: Report China bank PSBC files for 2016's biggest IPO: Report

 One of China's biggest banks hopes to raise $8 billion by listing in Hong Kong, in what would be the world's biggest flotation this year, a report said today.

S&P cuts EU credit rating after Brexit

Ratings agency Standard and Poor`s cut the credit rating for the European Union by one notch on Thursday saying that the bloc had grown more uncertain after Brexit.

Eurozone inflation back to positive, Brexit worries weigh Eurozone inflation back to positive, Brexit worries weigh

Eurozone inflation left negative territory in June, statistics showed Thursday, but economic uncertainty from Brexit sparked concerns that damaging deflation could return to Europe.

UK economic growth slows in first quarter UK economic growth slows in first quarter

Britain`s economic growth slowed in the first quarter from the previous three months, official data confirmed Thursday, as business investment faltered on uncertainty before the Brexit referendum.

Brexit raises `genuine concerns` for long-term global growth: Obama Brexit raises `genuine concerns` for long-term global growth: Obama

Britain`s vote to leave the European Union raises "longer-term concerns" about global growth at a time of already weak economic output, US President Barack Obama said Wednesday.

China to feel Brexit effects, yuan to weaken against dollar: JP Morgan China to feel Brexit effects, yuan to weaken against dollar: JP Morgan

China's central bank may have to fine-tune its foreign exchange policy as its currency would weaken following Britain's decision to leave the European Union, a senior J P Morgan economist has forecast.

Asian markets extend gains on Brexit stimulus bets Asian markets extend gains on Brexit stimulus bets

Asian markets rose for a second day Wednesday on hopes that authorities will unveil fresh stimulus to counter the effects of Britain`s shock vote to leave the European Union.