Tokyo stocks open lower as yen picks up

AFP - Sep 29 2017

Tokyo stocks opened slightly lower on Friday, as exporters slipped due to a gradual pick-up in the yen exchange rate.

Tax cuts to help most in middle-class, not all: White House

AFP - Sep 28 2017

President Donald Trump's top economic adviser on Thursday defended plans unveiled this week for sweeping tax cuts but …

Siemens wins tender to supply Israel electric railcars

Sep 28 2017

German industrial giant Siemens has won a $1 billion tender to supply Israel Railways with hundreds of electric …

German police arrest another Audi employee over 'dieselgate'

Sep 28 2017

German prosecutors on Thursday said they had arrested a second employee of luxury carmaker Audi as part of a probe into …

Signals arm is hidden gem in Siemens-Alstom tie-up

Sep 28 2017

Away from the sleek bodies of the high-speed trains feted as Alstom and Siemens merge their rail operations, the deal …

Weekly US jobless claims spike as hurricanes' effects persist

Sep 28 2017

New US claims for jobless benefits jumped in late September as the aftermath of hurricanes Harvey and Irma continued to …

UK business, union leaders demand progress on EU post-Brexit rights

Sep 28 2017

Britain's main trade union association and business groups issued a rare joint statement Thursday condemning the …

Saudi 'historic' reform to drive women jobs growth

Sep 28 2017

Saudi Arabia's decision to allow women to drive had some sounding the death knell for ride-hailing apps like Careem, but …

Risk of housing bubble rising in major cities: UBS

Sep 28 2017

Real estate markets in several major cities are heating up and some face risks of a bubble, with Toronto topping the …

China delays electric car quota until 2019

Sep 28 2017

China announced Thursday that it would delay until 2019 the enactment of a quota requiring automakers to produce a …

North Korean firms in China ordered to close by January

Sep 28 2017

China said Thursday North Korean companies operating in the country will have to shut down by January as Beijing applies …