Global stock markets selloff acceleratesMost Asian and European stock markets slumped Monday on intensifying worries over the prospect of rising interest rates in the United States, dealers said. Wall Street kicked off the global selloff on...
Senior US diplomat pitches arms sales in China’s backyardBEIJING: The top US diplomat overseeing arms sales said Monday she would be promoting American weaponry at the largest air show in Asia, where China's military footprint and political influence are su...
Ryanair sees profits rise despite cancellations, warns on BrexitIreland's troubled Ryanair said Monday that quarterly net profits rose 12 percent despite a cancellations crisis, but warned Britain was under-estimating the risk of "serious disruption" to flights fo...
In Australia, Amazon is still finding its waySYDNEY: When Kiri Pomery ordered a red Santa Claus hat from Amazon.com Inc's new Australian operation, the estimated delivery time to her address in outback Western Australia seemed too good to be tru...
Indonesia economy picks up with 5.1% growth in 2017Indonesia's economic growth picked up slightly last year as the central bank repeatedly slashed interest rates, official data showed Monday, but analysts warned that there was little hope of another b...
South Korea appeals court frees Samsung heirA South Korean appeals court on Monday upheld Samsung heir Lee Jae-Yong's bribery conviction but cut his prison sentence to a suspended term, ordering his immediate release. Lee, vice chairman of Sams...
Nissan to invest $9.5 billion in China to drive salesJapanese automaker Nissan Motor and its Chinese joint venture partner announced on Monday a $9.5 billion investment plan in China to increase annual sales by one million vehicles and boost electric ca...