Embattled Japanese conglomerate Toshiba said yesterday it was still waiting for regulators to approve the key sale of its chip unit, a delay that could stymie plans to complete the deal this month, reports AFP from Tokyo. The firm agreed in September to sell its memory chip business to a consortium…

Uber sold its Southeast Asian business to rival Grab yesterday, ending a bruising battle between the ride-hailing behemoths and marking the US firm's…

China yesterday lashed out at US "economic intimidation" following President Donald Trump's announcement of new import tariffs, but said…

International Monetary Fund chief Christine Lagarde said yesterday that eurozone countries should set up a "rainy day fund" that could cushion members when they hit economic hard times, reports AFP from Berlin. "For a relatively modest cost... a central fiscal capacity could reduce the…

The Iranian rial fell to a record-low yesterday, breaking through the 50,000-to-the-dollar mark for the first time, with analysts blaming uncertainty stemming from Washington, reports AFP. The rial has lost around a quarter of its value in the past six months to reach 50,860 against the US dollar according…

Family-run firms, a lack of transparency and murky money networks in the former junta-led country continue to make doing business in Myanmar "super challenging", a new study mapping the country's top companies said yesterday, reports AFP from Yangon. Myanmar's economy remains dominated…

Alamgir Morshed has recently been appointed as head of Commercial Banking of Standard Chartered Bank Bangladesh, the bank said in statement. Alamgir joined…

Abu Dhabi National Oil Company said yesterday it has awarded two contracts worth $3.5 billion to South Korea's Samsung Engineering to boost output at the largest refinery in the United Arab Emirates, reports AFP from Abu Dhabi. ADNOC's announcement came as South Korea's President Moon Jae-in…