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Oil prices struck a muted tone on Thursday, with the US benchmark sliding further after a jump in stocks last week added to concerns of a lasting world supply glut. Crude tumbled on Wednesday after the US said reserves surged 9.36 million barrels last week to 532.5 million barrels, much ...

Chinese e-commerce giant Alibaba is expected to surpass the US multinational firm WalMart soon as the world's largest retail platform with its total trading volume this fiscal year set to exceed $463.3 billion, an official media reported on Wednesday.

Stocks lost further ground Thursday, weighed down by an overnight fall in U.S. equities, sending the key Nikkei average below 17,000. The 225-issue Nikkei lost 108.65 points, or 0.64 percent, to close at 16,892.33 on the Tokyo Stock Exchange, its first finish below 17,000 in three days. On Wednesday, the ...

The dollar climbed above ¥112.80 in Tokyo trading on Thursday, partly aided by buying from real demand-backed players. At 5 p.m., the dollar stood at ¥112.86-87, up from ¥112.37-38 at the same time Wednesday. The euro was at $1.1157-1157, down from $1.1189-1190, and at ¥125.93-94, up from ¥125.73-74. After moving ...

Mitsubishi Corp., the nation’s largest trading house, expects a net loss of ¥150 billion in fiscal 2015 — its first loss since it was established in 1954 and a setback from the ¥400.5 billion in net income logged the previous year. The Tokyo-based trader also expects to book an impairment ...

A Chinese national pleaded guilty Wednesday on charges stemming from the hacking of trade secrets from U.S. defense contractors, including plans for transport and fighter jets, officials said. Su Bin, 50, had been charged in a 2014 indictment with hacking into the computer networks of Boeing and other contractors, as ...

Leila Meziane Benjelloun, présidente de la Fondation BMCE Bank, et Jean-Marc Berthon, directeur général de l’Institut français du Maroc, lors de la signature de la convention de partenariat en présence de Othman Benjelloun, PDG de BMCE Bank of Africa, et Jean-François Girault, ambassadeur de France au Maroc (Ph. Bziouat)

SINGAPORE – A new industrial district will be launched in Jurong to be the centre of innovation for enterprise, learning and living, Finance Minister Heng Swee Keat said in his budget speech on Thursday.

Taxi-hailing apps Grab and Uber Technologies Inc must partner with a transport business and register their cars by the end of May if they want to go on operating in Indonesia.

The drought is expected to cut economic growth by 0.6 to 0.8 of a percentage point this year, with predictions of an even more severe impact if the dry weather continues after mid-year, the University of the Thai Chamber of Commerce says.