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Nokia says India 'least favourite market': report Finnish telecom giant Nokia has told India's government that the country is now its "least favourable market" to operate in and it makes better sense to export its products from China.

23 August 2013

Global manufacturing data helps Asia markets rebound Asian markets firmed on Friday as a slew of upbeat manufacturing data from around the globe overshadowed concerns about the US Federal Reserve's plans for its stimulus programme.

23 August 2013

Risky financial crisis derivatives return in new form Collateralized debt obligations, the complex financial instruments that cratered disastrously in the financial crisis, are back.

21 August 2013

Tokyo shares open lower after Wall Street losses Tokyo shares opened lower Tuesday, following a weak showing on Wall Street as speculation lingers that the US Federal Reserve will scale back its bond-buying programme.

20 August 2013

China set to become world's biggest net oil importer China is set to overtake the United States to become the world's largest net oil importer from October, according to US figures.

13 August 2013

Duel over Apple's punishment for e-book price-fixing US antitrust attorneys defended their push to restrict Apple in the e-books market as hearings opened Friday on how to punish the the tech giant found guilty of price-fixing.

11 August 2013

China industrial data helps oil rebound Oil prices charged back Friday after falling for five straight sessions, helped by stronger-than-expected numbers on Chinese industrial output in July.

11 August 2013

LG unveils new device in smartphone war LG Electronics on Wednesday unveiled a new device to challenge Apple, Samsung and other rivals in the booming smartphone market.

08 August 2013

Tablet sales slow in absence of new iPad model: IDC Sizzling hot tablet sales have cooled a bit but should re-ignite with the release of a new iPad model later this year.

06 August 2013

US stocks see modest gains after busy week A jam-packed week of economic data and corporate earnings amounted to only modest movement in US equities, as stocks closed out a hectic week of news Friday only somewhat higher.

03 August 2013

Oil slips after China orders industrial capacity cuts World oil prices slipped on Friday after China ordered industrial production capacity cuts in the face of slowing economic growth.

27 July 2013

Kashagan to affect oil prices in 2 years Commercial production at Kashagan field may put some pressure on the oil prices, but in only the long run.

26 July 2013

Sales of new cars grew 72 percent in Kazakhstan Sales of new cars grew 72 percent in Kazakhstan in the first half of 2013 compared to the same period last year.

26 July 2013

Raised offer for Dell hinges on change in vote process Michael Dell and his investor allies modestly boosted their buyout offer Wednesday for the struggling computer giant he founded, and asked the board to change the method for shareholder approval.

25 July 2013

Wells Fargo deposes China's ICBC as world's biggest bank The Industrial & Commercial Bank of China (ICBC) has lost its standing as the world's largest bank by market capitalisation to US-based Wells Fargo.

25 July 2013

Bernanke: Fed will not raise rates in forseeable future Federal Reserve Chairman Ben Bernanke reiterated Wednesday that the Fed is nowhere close to raising interest rates, assuring markets that the US easy money tap would not soon dry up.

18 July 2013

Apple case cracks open e-books, digital goods pricing A ruling by an American judge that Apple illegally conspired to fix e-book prices could boost competition in the market for all kinds of digital goods, including music and movies.

12 July 2013

Ford sees turnaround in Europe The steep contraction of Europe's auto industry -- which has trimmed sales, forcing carmakers to absorb punishing losses and slash production -- appears to be reaching bottom.

12 July 2013

Oil prices higher in Asian trade Oil prices climbed in Asian trade Monday after jobs data from the United States beat expectations, boosting confidence in the world's biggest economy.

08 July 2013

Samsung posts disappointing earnings forecast for Q2 Samsung Electronics Co. fuelled concerns about flagging demand for high-end smartphones with a weaker-than-expected earnings forecast for the second quarter.

05 July 2013

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