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  • China Surpasses Germany in Arms Trade

    China has become the world’s third-largest arms exporter and cut its dependence on imports by producing more-sophisticated weapons.

  • India must seize chance to be top economy, IMF chief Christine Lagarde says

    India has an opportunity to emerge as one of the world’s most dynamic economies but it needs to implement the planned reforms and open up more fully to the world, IMF chief Christine Lagarde told TOI in an exclusive written interview.

  • CLSA upbeat on listed firms and return of foreign funds

    CLSA, one of Asia's leading brokers, is still overweight on the Thai shares market as it maintains a positive outlook on the earnings growth of listed companies, says Prinn Panicthpakdi, managing director of CLSA Securities (Thailand).

  • Kasikornbank confident of growth in trade finance

    Kasikornbank has set a 6% growth target for its corporate trade finance business this year despite the country’s still-sluggish exports.

  • ‘Manufacturing, agriculture’ll revive Nigerian economy’

    The unprecedented drop in the crude oil prices and the subsequent devaluation of the naira have been described as a pointer to the fact that the salvation of the Nigerian economy depends on massive agricultural revolution and local manufacturing. The Group Executive Director, Dangote Group, Mr. Devakumar Edwin, said the development ...

  • Higher Household Debt Reduces Economy's Ability to Regain Vitality...KIRI

    A study said a rise in the household debt balance has reduced the ability for the economy to regain its vitality. The Korea Insurance Research Institute said in a research report "Main Features of Recent Household Debt Overhang" published on March 15, "It seems the negative effect of household debt ...

  • Korea-China FTA to Be Signed by Late April at the Earliest...Trade Minister

    The free trade agreement between China and Korea is expected to be signed by late April. Minister of Trade, Industry, and Energy Yoon Sang-jick said on March 13 in a National Assembly Foreign Affairs and Unification Committee meeting, "[The Korea-China FTA] will be signed before the end of the first ...

  • Teaching business in school is the route to achieving Kenya’s development goals

    Kenya stands on the edge of an economic revolution.

  • GE sells 'down-under' finance business in $6.3 billion deal

    General Electric is selling another segment of its financial business, transferring its GE Capital consumer-lending operation in Australia and New Zealand to a group of investors in a deal valued at roughly $6.3 billion.

  • Finance news you need to know today

    EGYPT plans to build a new administrative and business capital east of Cairo that will feature a theme park “four times bigger than Disneyland”.

  • Talks to go on and on at the economy’s cost

    Negotiations between Greece and its lenders finally got off to a start last week, but their outcome is uncertain although both sides have vowed to do their best to clinch a deal by the end of April. The road ahead will be rocky as the government seeks a compromise in ...

  • Strong advocate for IT in business

    DAVID Gledhill is group executive and head of group technology & operations at DBS Bank, a leading Asian bank. A strong advocate of the use of information technology in business, he brings with him over 25 years of experience in the financial services industry and has spent over 20 ...

  • Strong advocate for IT in business

    DAVID Gledhill is group executive and head of group technology & operations at DBS Bank, a leading Asian bank. A strong advocate of the use of information technology in business, he brings with him over 25 years of experience in the financial services industry and has spent over 20 ...

  • Greek finance minister says liquidity problems "insignificant": German TV

    [FRANKFURT] Greece's liquidity problems are "insignificant", the country's finance minister said on German television on Sunday, pledging that the Greek government would take all steps necessary to repay its debts. "We want a successful Europe, a successful currency union," Yanis Varoufakis told a panel discussion on German broadcaster ARD, ...

  • Foreign Auto Firms Under Fire in China

    China’s government-controlled television broadcaster took aim at foreign car makers and dealers on a day dedicated to consumer rights, alleging problems from pricing to quality in the auto-industry market.

  • East Africa leads in trade environment

    Countries in East Africa have the best environment for small and medium enterprises (SMEs).

  • India a bright spot in the global economy: IMF chief

    India has an opportunity to emerge as one of the world's most dynamic economies but it needs to implement the planned reforms and open up more fully to the world, IMF chief Christine Lagarde told TOI in an exclusive written interview.

  • Hike in India's foreign stake cap for insurers seen attracting US$3b

    INDIAN companies with insurance ventures, including Max India Ltd and Reliance Capital Ltd, are poised to benefit from higher foreign shareholding limits that may draw more than US$3 billion from overseas investors.

  • Turkey eyes pious to boost Islamic finance

    AT LEAST 8 per cent of Turkish adults do not have a bank account for religious reasons, according to a 2014 World Bank report, because of the prohibition in Islam against paying interest.

  • GE sells Australian finance unit

    KKR consortium picks up business as conglomerate shifts back towards industry

  • Airtel, Orange join hands for video conference business

    Telecom major Bharti Airtel's business-to-business service arm has partnered France-based Orange Business Services to allow their customers connect with each other for video conferencing facility.

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