Ride-share operator Lyft's New York launch hit snag
Ride-share operator Lyft was forced to postpone its planned launch in New York after a court intervened over demands that it satisfy local safety and licensing requirements.
12 July 2014 12:11
Kazakhstan announces its international reserves figure
The gold and FX reserves of the Central Bank grew by 7.1% to reach $26.471 billion from January to June 2014, with the assets of the National Oil Fund growing by 8.21% to reach $76.607 billion.
10 July 2014 13:44
China's economy on track as June trade surplus jumps
China's monthly trade surplus jumped 16.4 percent in June to $31.6 billion, official data showed Thursday, as exports and imports both rose in the latest sign of recovering strength in the world's second-largest economy.
10 July 2014 11:14
Japan shipping giant plans first regular Arctic route
Japan's Mitsui O.S.K. Lines announced plans for the world's first regular commercial shipping route through the Arctic Ocean, starting in 2018, in an attempt to reduce sailing times.
09 July 2014 22:54
Chinese court rules against Apple in patent case
US technology giant Apple has lost a lawsuit against a Chinese state regulator over patent rights to voice recognition software such as the iPhone's "Siri", a Beijing court said.
Samsung Electronics flags 25% plunge in Q2 profit
Samsung estimated Tuesday that its operating profit would plunge nearly 25 percent on year in the second quarter of 2014, as cheap Chinese devices and a strong won hammered down its share of the global smartphone market.
Oil extends losses on return of Libyan supplies
Oil extended losses in Asia Thursday on prospects that Libya will begin exporting more crude into a global market flush with supplies, while easing concerns about the Iraqi crisis also weighed on prices.
03 July 2014 13:52
Toshiba nearing deal on Bulgarian nuclear reactor deal
Toshiba's US unit is nearing a deal estimated at almost $5 billion to build a nuclear reactor in Bulgaria, a report said Thursday, as Japanese firms eye atomic contracts overseas after the Fukushima crisis erased demand at home.