Business

Asian stock markets were subdued on Monday with U.S. markets closed on Friday but held near three-year highs on optimism about the U.S. economy, with investors now shifting their focus to corporate earnings. MSCI's broadest index of Asia-Pacific shares outside...

The world's major central banks are returning to a more opaque and artful approach to policymaking, ending a crisis-era experiment with explicit promises that they found risked their credibility and did not substitute for action. From Washington to London to...

Smartphone leader Samsung Electronics Co Ltd faces a third straight quarter of profit decline that could become a fourth as cheaper models grab a bigger share of a slowing market and Apple Inc readies the launch of its iPhone...

The billionaire founder of web portal operator Naver Corp (035420.KS) beat back Google Inc (GOOGL.O) to leave South Korea one of few countries where the U.S. search engine does not dominate. Now, Lee Hae-jin is stepping onto the world stage...

Mazda Motor Corp will recall more than 42,000 cars produced in China due to issues over air bags supplied by Takata Corp, the company at the heart of massive recalls globally involving Japanese, U.S. and European automakers. The move in...

With U.S. stocks hitting record highs on the back of strong jobs growth, the European Central Bank holding out the prospect of printing money and British house prices soaring there is a lot to ponder in the week to...

German carmaker Daimler expects its Mercedes-Benz brand to overtake rivals Audi and BMW by number of cars sold in China this year as its new strategy for the world's biggest car market starts to bear fruit, a board member...

BEVERLY HILLS, CA, July 04, (THEWILL) - Contrary to insinuations making the rounds over allegations of excess charges in the sum of N200 million by one Hotel Excel Limited by the Bank, Sterling Bank Plc has refuted the claim stating...

U.S. auto giant GM said on Friday it had suspended production at its main South African assembly plant in the southeastern city of Port Elizabeth because a strike by the country's biggest union had hit components suppliers. The engineering and...

World stocks were enjoying the view at an all-time high on Friday, lifted by a strong week of U.S. economic data and promises from the European Central Bank that cheap money will be sloshing around for years. European shares opened...