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Myanmar has granted operating licences to 4 more Asian banks, taking the number of foreign banks in Myanmar to 13. The approval gives the banks 12 months to demonstrate they can fulfill business plans laid out in their application to the government before they will be granted permanent licenses.

A majority of economists polled said RBI chief Raghuram Rajan would not repeat the surprise cut of 25 basis points he delivered just a few days after last year's budget, with 20 of 28 saying a cut was unlikely before next month's policy review on April 5.

China's leadership cut this year's growth target for its slowing economy to 6.5-7 per cent. It promised to allow private companies into its petroleum and telecom markets as part of sweeping reforms aimed at boosting productivity and income.

The International Monetary Fund will separately identify China's yuan currency in its official foreign exchange reserves database starting October 1. By this, the renminbi will join the other currencies that are separately identified in the IMF's quarterly survey of foreign exchange reserves.

India’s solar manufacturing industry is likely to be in the pits and thousands of job opportunities lost, thanks to a recent World Trade Organisation (WTO) ruling.

India has dragged the US to the World Trade Organization (WTO) over its controversial decisions to impose higher fees and fix numerical limits on work visas such as L-1and H-1B.

The government is in no hurry to reduce the 10% import duty on gold imposed in 2013 to narrow a widening current account deficit (CAD).

Event through Feb 13-18 at BKC in Mumbai brought in 2,594 MoUs entailing Rs 7.94 lakh cr investments

The number of complaints and consultations over the full liberalization of Japan’s electricity retail market in April is surging, informed sources told Jiji Press on Friday. The number of reports given to the National Consumer Affairs Center of Japan about unsolicited door-to-door sales and other problems came to 325 between ...

Boeing engineers think they have a solution for smelly, grimy airplane bathrooms: ultraviolet light. The aircraft manufacturer has filed a patent for a self-cleaning lavatory that disinfects all surfaces in just three seconds. Many passengers would welcome more sanitary airplane bathrooms, but they may have to wait a while to ...