Japan yesterday imposed restrictions on exports used by South Korea’s chip and smartphone companies, ramping up long-simmering tensions between…

Shares in Germany’s biggest lender Deutsche Bank rose yesterday, as investors reacted to multiple press reports the financial firm plans thousands of layoffs in its battle to escape a years-long malaise. By 1:15 pm in Frankfurt (1115 GMT), Deutsche stock had added 1.6 per cent at 6.89 euros ($7.82),…

Asian markets surged yesterday  after Donald Trump and Xi Jinping agreed to restart trade talks, reviving hopes of an end to their tariff war, while…

Oil prices jumped yesterday after OPEC kingpin Saudi Arabia and non-member Russia agreed to keep daily oil output caps, but Iran warned the move risks…

New Zealand officially banned single-use plastic shopping bags yesterday, introducing hefty fines for businesses that continue to provide them. Plastic pollution has become a growing global concern, with a million birds and more than 100,000 marine mammals injured or killed every year by becoming entangled…

The unemployment rate in the eurozone dropped to 7.5 per cent in May, its lowest level since July 2008, data showed yesterday, despite mounting concerns that global trade wars could cool already tepid economic growth. The figure is better than the consensus forecast of analysts calculated by data firm…

The World Bank has downgraded Malaysia’s economic growth this year to 4.6 per cent, from 4.7 per cent earlier due to weaker-than expected investment and export activity, according to its economic report revealed yesterday. The World Bank said in a report, the adjusted growth forecast was due to…

Confidence among Japan's biggest manufacturers fell sharply in the second quarter to June, the Bank of Japan's quarterly business survey showed yesterday, suggesting a stuttering recovery for the world's third-largest economy. But experts noted while the data showed lingering concern, it…