TAIPEI: Taiwanese smartphone maker HTC reported a worse than expected net fourth-quarter profit yesterday, despite aggressive cost cutting and a one-time gain. The...
TAIPEI: Taiwanese smartphone maker HTC reported a worse than expected net fourth-quarter profit yesterday, despite aggressive cost cutting and a one-time gain. The...
A worker stands next to a light stand as another worker sleeps after an overnight shift at a road construction site in Colombo.
AT&T mobile phones for sale alongside T-Mobile phones at a RadioShack electronics store in Los Angeles. NEW YORK: AT&T Inc offered customers of...
The sun sets behind a construction site in Guangzhou, Guangdong province. China will maintain controls on its property market in 2014 while increasing...
LONDON: The European Union’s blueprint to close failing banks won’t be enough to break the pattern of eurozone states haemorrhaging funds by propping...
KUWAIT: Kuwait’s budget surplus narrowed in the first six months of its fiscal year as spending soared over 50 percent, partly thanks to...
FRANKFURT: German banking watchdog BaFin criticised Deutsche Bank’s management for the way it responded to a probe into manipulation of the Libor benchmark...
SHANGHAI: China pledged further support for its ailing solar power industry as the government seeks to revive a sector struggling with overcapacity and...
LONDON: If pension funds, insurers and sovereign wealth funds were hoping to cash in on lending “high quality” assets to those scrambling to...
LAGOS: Nigeria’s financial markets posted healthy gains in 2013 but five years on from the global financial meltdown, local investors are still wary...
NEW YORK: The Pimco Total Return Fund, the world’s largest bond fund, saw its assets sink by a record $41.1bn last year after...
MUMBAI: The Reserve Bank of India (RBI) recommended moving away from determining money market benchmarks through the current poll of traders towards one...
FRANKFURT: The European Central Bank looks set to ring in the New Year with interest rates on hold, but will have its work...
TRIPOLI: Libya has restarted oil production at the southern El Sharara field with an initial output of 60,000 barrels per day (bpd) after...
TOKYO: Honda Motor Co and General Motors Co are expected to jointly develop batteries for fuel-cell vehicles, with the aim of lowering the...
MILAN: Fiat has given Rome guarantees that the automaker will invest in plants in Italy and keep a strong presence in the country...
Hazel Powers (right), who has worked at Boeing for 35 years, reacts with fellow union members after hearing that a union vote narrowly...
The logos of Italian car manufacturer Fiat and US automobile heavyweight Chrysler. Fiat said that it had agreed to buy up the remainder...
