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International
Toshiba reports $102 million quarterly net loss
Sales fell 4.5 per cent from a year earlier to 1.35 trillion yen, the lowest since the quarter ended December 2012, due to a poor performance in television and personal computer businesses.
Latest News
Japan Q2 GDP shrinks less than expected on inventory gains
Analysts expect any rebound in July-September growth to be feeble as factory output unexpectedly fell in July and China`s slowdown dampened prospects for a solid recovery in exports.
China August exports fall 5.5%, better than forecasts, but imports disappoint
That left the country with a trade surplus of $60.24 billion for the month, the General Administration of Customs said on Tuesday, compared with forecasts of $48.20 billion.
Uber to enter 100 new Chinese cities in next 12 months: CEO
Kalanick made the comments at an event held by Uber investor Baidu Inc in Beijing. On Monday, Uber China said it had raised $1.2 billion as part of an ongoing fundraising round.
Australia's Woodside approaches Oil Search with $8 bn bid
"It makes sense for Woodside - a company that`s ex-growth that`s looking for the next leg," said Ric Ronge, a portfolio manager at Pengana Capital, which owns stakes in Woodside and Oil Search.
Weak economic outlook and oversupply weigh on oil markets
Japan`s economy shrank an annualised 1.2 percent in April-June, revised GDP data showed on Tuesday, despite ongoing government and central bank measures to support growth.
EU regulators have approved GE-Alstom deal: Source
The European Union has approved a deal under which General Electric will acquire the energy business of French company Alstom for USD 12 billion, a source close to the transaction said Monday.
China announces policies to boost financial leasing
The Chinese government on Monday rolled out measures on financial leasing following a top-level meeting chaired by Chinese Premier Li Keqiang in August that resulted in the decision to boost the sector to help cash-strapped firms.
China forex reserves decline on currency efforts: Bloomberg
China's foreign exchange reserves fell by a record USD 93.9 billion last month, reports said, as Beijing sold dollars to support its own currency following jitters over a sudden devaluation.
Lufthansa hit by new pilots` strike on long-haul, freight services
Pilots at German airline Lufthansa said Monday they will stage new walkouts on freight and long-haul passenger services on Tuesday in their long-running dispute with management over early retirement provisions.
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