The stock market regulator plans to set up an alternative trading board at the exchanges to facilitate the trading of securities of delisted and very...

Self-service kiosks are mushrooming in stores around the country as businesses take fright at the minimum wage hike.Burger King, the epitome of a dead-end minimum...

The chairman of Italian banking group Intesa Sanpaolo, Gian Maria Gros-Pietro, says he knows nothing of his bank’s involvement in co-financing Atlas Merchant Capital’s takeover...

Despite US President Donald Trump’s best efforts to make nice with Russia, it seems the Kremlin is not putting all of its eggs in the...

Chinese e-commerce giant Alibaba has bought into the largest out-of-home advertising network in China, Focus Media, in a 15 billion yuan (US$2.23 billion) deal, The...

Modern Dyeing & Screen Printing and Rahima Food Corporation have been delisted from the Dhaka Stock Exchange for remaining closed for more than three years.The...

Real estate transactions in Seoul halved in June, compared to the same period last year.Only 10,401 homes were sold last month, down 56 percent from...

Concern over Beijing tightening property regulations is putting a damper on the optimism of Chinese developers despite significant rises in home prices.Almost 70 cities surveyed...

Chinese oil and gas giant Sinopec has set up a capital investment operation platform in the Xiongan New Area in Hebei province, Yicai.com reported.The latter...

The Government is likely to recapitalise some state-run banks in urgent need by up to Rs  10,000 crore within a few days to help them...

The trade war with the U.S. couldn’t have come at a worse timing for China, which had just begun focusing "in earnest" on fixing problems...

Shares of smartphone maker Xiaomi rose on Wednesday, notching a new high after Hong Kong's stock exchange said it would work with its mainland counterparts...

 Samsung SDI and LG Chem, Korea's top two rechargeable battery makers, are eyeing the market for large-scale energy storage systems as a source of new...

Garment workers yesterday rejected both figures proposed by their representative and that of garment owners as their minimum monthly wage.Md Siddiqur Rahman, who represents garment...

Small business owners have threatened to stage a massive rally in front of Cheong Wa Dae and the National Assembly against the minimum-wage hike.Members of...

The national team wasn’t there but that didn’t stop Chinese companies orchestrating an advertising bonanza of unprecedented proportions at the recently concluded FIFA World Cup.Over...

The government is sticking to its word and ousting China Harbour Engineering from another infrastructure project -- the Marine Drive expressway in Cox's Bazar worth...

IQiyi, one of the major online video platforms in China, has completed the acquisition of Skymoons Inc. and Chengdu Skymoons Digital Entertainment Co. Ltd., Yicai.com...

Chinese ride-sharing conglomerate DiDi has bonded with online travel service giant Booking Holdings, acquiring US$500 million in investment from the latter, The Paper reported.Applications under...

The European Union had dusted itself off from Donald Trump’s disastrous Brussels drive-by and is regrouping in Japan. Only days after the US president told...

As of June 2018, the real estate market in China has been rising for 37 straight months, setting a new record for the longest upturn...

France winning the World Cup trophy in Russia, Chinese kitchen and bathroom appliance maker Vatti Corp is now in the spotlight -- it is time...

 Last year, Singaporean state-owned investor Temasek made a $75 million investment in the meat-alternative industry.That investment — in Impossible Foods, which makes vegetarian burger patties...

Chinese kitchen appliance maker Joyoung has bought into SharkNinja, an American vacuum manufacturer in a 12.49 million yuan (US$1.87 million) deal that will secure a...

In offices overlooking the Yalu River in Dandong, China, at a rural real estate agency just south of the inter-Korean DMZ, and among the glass...

Prime Minister Sheikh Hasina yesterday urged the United Arab Emirates (UAE) to invest in Bangladesh's special economic zones.She made the call when newly appointed UAE...

Farmers Bank is now under pressure to settle its overdue payments for import, with a number of foreign missions dangling the threat of blacklisting the...

Over the first half of 2018, newly established foreign-invested enterprises in China increased by an impressive 96.6% from a year earlier, said the Ministry of...

At least 96 state-owned enterprises under the direct administration of State-owned Assets Supervision and Administration Commission (SASAC) have achieved a total 887.79 billion yuan (US$133.15...

The country's second-largest software  services major Infosys on Friday reported 3.7 per cent growth in consolidated net profit at Rs 3,612 crore for the quarter...

A slight mistrust towards the country's banking sector has recently emerged in people's minds, which is an “ominous sign” for banks, said Bangladesh Bank Governor...

Everyone in Hong Kong has a property story, but few are as woeful  as that of Ng Kwok-leung, a 70-year-old widower.Ng has found himself shut...

Samsung is losing its lead in India, which is rapidly becoming the world's largest smartphone market, dropping to third place in brand preference behind its...

China reported Friday that its June imports rose 14.1 percent in dollar-denominated terms, falling far short of a 20.8 percent increase expected by analysts.China's exports,...

Despite intense efforts to attract funds private banks are experiencing a slowdown in deposit growth due to a lack of confidence of depositors following a...

Police in south China’s Guangdong province announced this week that a suspected $1.5 billion illegal football gambling syndicate, that is said to be underpinned by...

State-owned BSNL on Wednesday unveiled the country’s first internet telephony service that will allow users to dial any telephone number in India through its mobile...

Twenty-six people were arrested by Hong Kong police on Wednesday for allegedly participating in gold investment scams involving HK$19 million (US$2.42 million).At around noon, the...

The government needs to formulate a specific policy to allow local companies to invest abroad as many domestic industrial conglomerates are now capable of doing...

The central bank will not consider the Investment Corporation of Bangladesh (ICB) as a single party borrower of banks in a bid to increase the...

Foreign aid and development partners (donors) have played an important role in Bangladesh's growth story. Its importance has also been acknowledged by successive governments in...

Nine leading companies from different sectors joined hands on Monday to launch a platform to provide special services to entrepreneurs of small and medium enterprises.The...

A high-powered business delegation from Singapore yesterday showed keen interest to invest in the banking and financial sector as it offers immense growth potential.“There is...

The country’s largest software exporter TCS on Tuesday posted a 23.4 per cent rise in consolidated net profit to Rs 7,340 crore for the first...

Uzbekistan is currently going through one of the most remarkable periods of change ever experienced by a post-Soviet republic. Following the passing of the former...

Bicycle-rental service JoBike, which would allow riders to rent a bike from one's smartphone, is set to roll out operations within the next three months...

 The Hyundai Group is seeking approval from the government for a visit by executives to Mt. Kumgang for a memorial service for its late chairman...

Just days after the US kicked off a tariff battle with China, Premier Li Keqiang traveled to Germany on a mission to champion free trade,...

Hong Kong-based dockless cycle provider Gobee.bike announced its closure to users on Tuesday morning after soaring bicycle repair costs thwarted efforts to generate profits. Gobee...

China Banking and Insurance Regulatory Commission has made amendments to the Independent Director Management Measures of Insurance Institutions, concerning the nomination and removal mechanism, Yicai.com...

A quarter of workers for big Korean businesses are "non-payroll staff" or temps hired through outsourcing firms.According to the Labor Ministry on Sunday, 23.6 percent...

The quality and quantity of jobs available for Koreans in their 50s improved over the last decade, but worsened for those in their 20s.According to...

Asian economies such as Taiwan, South Korea and Southeast Asia could be badly hit if trade tensions between the U.S. and China heat up further,...

Hannover, Germany — From June 11 to June 15, Huawei will be exhibiting its digital innovations at CEBIT 2018 under the theme of "Leading New...

In front are open fields with grazing cattle, to the left are under-construction residential societies and to the right is its existing facilty - this...

The world's second-largest economy may retaliate following Tokyo's decision to send a helicopter carrier to the South China Sea, potentially triggering a "tit-for-tat game at...

Unused foreign aid has reached a new high of $44.51 billion despite a record disbursement of development assistance in the last fiscal year, data from...

Finance Secretary Hasmukh Adhia on Friday said the all powerful GST Council will consider bringing petroleum products under Goods and Services Tax (GST) and it...

Xiaomi Corp sells its products at a substantial discount to those of competitors, and may have to get used to trading at the low end...

A growing number of workers complain that their bosses pester them with text messages after hours despite the new 52-hour working week that went into...

Chinese investment holding company, Legend Holdings, which owns well-known PC maker Lenovo Group, has bought into Banque Internationale à Luxembourg, the oldest private bank in...

Despite the looming trade war, nearly 80% of high net worth Chinese pick America as their top destination for emigration, according to the Visas Consulting...

Exports fell short of target for the second consecutive year in fiscal 2017-18, in what can be viewed as a worrying development for the government.Last...

Titan Company Ltd fell as much as 5.7per cent and was the top percentage loser on NSE.Benchmark indices BSE Sensex and NSE's Nifty erased early...

The comeback was possible because of a favourable global business environment and higher productivity in our factories, said Siddiqur Rahman, president of the Bangladesh Garment...

Reuters In a World Cup brimming with upsets, Nike Inc. looks on track to defeat soccer juggernaut and archrival Adidas AG in the closely watched...

United Kingdom's foreign direct investment to Bangladesh will continue rising even after Brexit thanks to the growing potential of the South Asian country, a British...

A Chinese pharmaceutical firm claims it has developed drugs that can cure or relieve symptoms of respiratory and oral diseases, with essences extracted from one...

World Bank President Jim Yong Kim yesterday praised the people of Bangladesh for providing shelter to the Rohingya refugees.“We want to say to the people...

Union Minister Arun Jaitley on Sunday said rollout the Goods and Services Tax (GST) has not been disruptive in the last one year and exuded...

Rohingya refugees will soon be able to open bank accounts after the Bangladesh Bank has come up with a system to enable the displaced community...

Net foreign investment in the Dhaka Stock Exchange fell to Tk 207 crore in the negative in June because of fears over political uncertainty in...

The National Development and Reform Commission and the Ministry of Commerce have released an updated negative list for inbound foreign investment in China on Thursday,...

Domestic blockchain companies have seen explosive growth in obtaining financing from the beginning of this year, and the concept of uprooting traditional industries with blockchain...

The potential economic loss across the Asia Pacific due to cybersecurity incidents can hit a staggering $1.745 trillion, a study said.This is more than 7...

Just as Bangladesh's main export earner, the apparel sector, was slowly recovering from the twin industrial disasters of Rana Plaza collapse and Tazreen Fashions fire...

Chinese tech unicorn Xiaomi has completed its four-day Initial Public Offering period, as investors overbought the retail portion of its US$6.1 billion offer, The Paper...

Samsung and rival Apple have at last settled an epic patent lawsuit that had been dragging on for seven years. Both sides submitted documents to...

Bahrain said Wednesday its Gulf neighbors Kuwait, Saudi Arabia and the United Arab Emirates will offer new aid to strengthen the island nation's "fiscal stability"...

Asian markets were mixed on Thursday, as White House statements on trade left investors divided on whether the administration was interested in soothing tensions with...

Chinese e-commerce giant Alibaba has led the founding of a research institution gathering top scholars around the world from various fields including sociology, economics and...

 The Government has finally decided to soon appoint chiefs in three public sector general insurance firms — New India Assurance (NIA), National Insurance Company (NIC)...

The Ministry of Finance has put forward a new tax deduction rule to encourage enterprises to increase R&D investment and strengthen innovation capacities, Xinhua news...

Consumer sentiment in Korea has dropped to the lowest in 14 months as high unemployment figures are compounded by an intensifying trade dispute between the...

The Asian Infrastructure Investment Bank plans to lend out $3.5 billion this year, with India, Bangladesh and Turkey to take greater focus than the other...

Chinese search engine giant Baidu said it is assessing the possibility of issuing a Chinese Depositary Receipt as well as listing in the domestic A-share...

The war between two of the top Chinese social media companies intensified on Monday with Tencent and Toutiao both pointing fingers at each other and...

 The head of the state-run Korea Development Bank on Thursday ruled out a bailout for ailing GM Korea without substantial investment from GM headquarters.The government...

Humans soundly thrashed a pair of robots in a game of curling in Icheon, Gyeonggi Province on Thursday.It was the first-ever match between humans and...

China has expressed a strong desire in opening up and setting up a new economic system, as the latest Government Work Report has given a...

Swedish luxury car company Volvo Auto India (VAI) said that its new Volvo XC40 small SUV has been named the 2018 European Car of the...

The Hollywood-born "Me Too" movement against sexual harassment has had the paradoxical effect that many working women now find themselves isolated in the office as...

Some 2,500 workers at GM Korea's doomed plant in Gunsan and two others have accepted an early retirement package, the carmaker said.An industry insider said...

LG on Sunday released its new budget smartphone for under W300,000(US$1=W1,080).The X4 features a simple design without a home button on the front or a...

Yang Yuanqing does not look like your typical “techie.” He tends to wear sober, charcoal-colored suits, blue shirts and soft pastel-shaded ties. In appearance, he...

In the wake of the Rs 12,600 crore fraud on state-run Punjab National Bank (PNB) by accused diamantaire Nirav Modi, Finance Minister Arun Jaitley said...

To have the US preferential trade benefits or GSP status restored, Bangladesh needs to make progress in workers safety, freedom of association, and protection of...

One of the major online video platforms in China, IQiyi, is going public in the United States, aiming to raise a total US$1.5 billion from...

India’s manufacturing sector activity fell to a four-month low in February as factory output and new business orders rose at a slower pace, says a...

China is developing a 400 km/h Free Gauge Train, as well as the next-generation Maglev train which runs at 600 km/h, said Ding Rongjun, one...

Benchmark Sensex ratcheted up by more than 300 points for the second session in a row on Monday on optimism over India's growth recovery amid...

Rumors circulating that Alibaba was planning the acquisition of Ele.me, one of the major online food delivery platforms in China, has been confirmed by an...

Home prices in Chinese first-tier cities saw negative year-on-year growth in January for the first time in 32 months, Shanghai Securities Journal reported, citing data...

Internet giant Tencent and leading e-commerce site JD.com moved to secure a total 11% stake of BBK Commercial Chain Co. Ltd., a large, domestic chain...

The government has filed a lawsuit against the U.S. with the World Trade Organization. The WTO said Wednesday that the Korean government filed the suit...

Call-center outsourcing company Ubase faces a major crisis because of problems getting visas for foreign staff.The company, which is based in Bucheon west of Seoul,...

HSBC says its annual pretax profits rose by 11 percent on strong earnings from Asia, in the latest sign that the London-based global bank's restructuring...

The country makes the foray into fourth-generation mobile internet era today in a move that would open up a new chapter of digital connectivity and...

The Lotte New York Palace Hotel was chosen as one of the best hotels in New York. In a survey of over 230 hotels by...

Concerned over a massive Rs 11,400-crore fraud at PNB remaining undetected for years, markets regulator Sebi may give a fresh push to its “on-hold” proposal...

The Department of Telecommunications (DoT) will unveil the 5G or fifth-generation roadmap by the end of the June this year, Telecom Secretary, Ms Aruna Sundarajan,...

Lotte chairman Shin Dong-bin gets into a police van at the Seoul District Central Court on Tuesday.The Lotte confectionery and retail empire was flustered on...

As the massive fraud over Rs 11,000 crore detected by Punjab National Bank (PNB) has shaken the financial institutions in the country, especially the banking...

Whatever can be paid by cash will ultimately be paid via mobile phones, including some unimaginable areas. Consider Wong Tai Sin Temple, the place where...

The country's third-largest automaker GM Korea is to lay off 2,100 people when it shuts down an assembly plant in Gunsan in southwestern Korea. GM...

Agencies, MumbaiSBI Capital Neev Fund invests in SunSource Energy a leading provider of end-to-end solar project development and EPC services in India and globally, has...

Manisa, a vibrant industrial town in Turkey’s Western Anatolia region, has had a lot of visitors from Japan recently. On February 8, the Japanese multinational...

GM Korea will shut down its assembly plant in Gunsan, North Jeolla Province by the end of May, the automaker said Tuesday. The plant has...

Xinhua News Agency, mouthpiece of the China Communist Party, has published an editorial piece calling for the toughening of regulations on the trading of virtual...

As the recovery momentum is seen in some key segments, industrial output grew by 7.1 per cent in the December month on the back of...

The Kamchatka peninsula, home to the Khodutka volcano (pictured), is abundant in sources of freshwater. Photo: iStock / Getty“With water in China, there are some...

Vietnam’s ruling Communist Party perennially stresses that it serves both the interests of the people and business, the poor and rich, but never more so...

The tax department is issuing notices to people who invested in crypto currencies like bitcoin but did not declare income or ‘profits earned’ from them,...

Clockwise from left, Indian Prime Minister Narendra Modi, Finance Minister Arun Jaitley, Commerce Minister Suresh Prabhu, Sohn Kyung-shik, Song Young-gil, Chey Tae-won and Park Yong-manIndian...

Oil prices have risen for a record 27 consecutive weeks.The average price of gasoline was W1,559.6 per liter in the fifth week of January, up...

Bitcoin bounced back after a huge crash last week as countries around the world are stepping up efforts to rein in the frenzy.On Bithumb, the...

Apple is making more money than ever, but it still doesn't seem to be enough to keep everyone happy. Not with conspiracy theories swirling around...

Authoritarian regimes continue to suffer a deep soft-power deficit. Illustration: iPhotoAuthoritarian regimes may never master Soft Power but their Hard Power strategies may end up...

David Becker | Getty ImagesSony said on Friday that CEO Kazuo Hirai will be replaced by the company's chief financial officer, Kenichiro Yoshida, effective on...

Asian indexes closed mostly higher on Thursday after stocks in the region sold off earlier this week. Stocks in greater China, however, underperformed, their regional...

The Philippine economy boomed last year, lifting a country once regarded as ‘the sick man of Asia’ among the region’s most buoyant and vibrant economic...

Inside the 'Space of Light' bookstore in Shanghai. Photo: AFP‘Space of Light’ complex in Shanghai links the stunning Xinhua Bookshop with the Pearl Art Museum,...

Samsung Electronics, the top listed company on the Korea Composite Stock Price Index, has announced a stock split at a ratio of 50:1.That will cause...

China is detangling its maze of state-owned 'zombie companies'. Photo: iStockState-owned ’zombie companies’ have been closed, merged or forced to slim down after being weaned...

Chief Economic Advisor (CEA) Arvind Subramanian has hinted at a bubble kind of situation in the stock market and has called for heightened vigilance.Speaking to...

An electronic board shows the Korea Composite Stock Price Index closing at 2,598.19 points at KEB Hana Bank headquarters in Seoul on Monday.The Korea Composite...

Agencies, ThiruvananthapuramKerala Startup Mission (KSUM), the apex organisation of the state government for supporting startups, will organise an Idea Fest during the first week of...

Thousands of customers braved subzero temperatures on Saturday as the first Apple Store in Korea opened in Seoul's Gangnam.Over 300 ardent Apple fans formed a...

The New York State Department of Financial Services recently asked Korean regulators to share information gleaned from a probe of the cryptocurrency dealings of six...

Three foreign airlines -- Oman Air, Bangkok Airways and Thai Smile -- shut down their Bangladesh operations last year as they found the route to...

Chinese home buyers visiting a housing fair in Yichang, Hubei province. Photo: AFPRegulator to control excessive growth of resident leverage ratio and strictly control inflow...

The insolvency law might be amended depending on recommendations of the panel reviewing issues related to the legislation, including those pertaining to home buyers, a...

The government should take measures for the development of the small- and medium-sized enterprises to help Bangladesh become a middle-income country, said speakers at an...

New Delhi,Nokia is strengthening its cloud and data center services by opening a Nokia Cloud Collaboration Hub in Singapore. Another hub will be opened in...

The US derivatives regulator is set to announce it has fined European lenders UBS, HSBC and Deutsche Bank millions of dollars each for so-called “spoofing”...

A woman talks on her mobile phone in Kolkata, India. Chinese smartphone makers now dominate the fast-growing market. / ReutersSmartphone maker Xiaomi has finally topped...

Terming the Government's regional air connectivity scheme UDAN a big success, SpiceJet chief Ajay Singh has said the airline has not taken the viability gap...

The Wanda Movie Park was part of property and entertainment group Dalian Wanda. Photo: AFPThe Chinese billionaire tycoon built a massive property and entertainment empire...

Hyundai and affiliate Kia have posted the worst operating profit in seven years.The two automakers announced last year's performance on Thursday, which showed sales rising...

Samsung India, the country’s biggest and most trusted consumer electronics brand, on Wednesday announced the launch of 860 PRO and 860 EVO solid state drives...