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Dubai sets sights on retail crown

[2015-02-04 07:52]

Dubai, fresh from capturing the title of busiest international airport from London Heathrow, has set its sights on becoming the world's top hub by retail sales this year as a flood of Chinese passengers add to a shopping spree.

Australia slashes interest rate

[2015-02-04 07:52]

Australia's central bank cut its benchmark interest rate to a record low of 2.25 percent on Tuesday in a bid to jolt an economy weighed down by falling commodity prices.

Apple bond sales sound alarm on lending

[2015-02-04 07:52]

Apple Inc's mega bond sale is fueling speculation US interest rates are poised to increase.

Big-spending technology companies may be less lavish with their money

[2015-02-04 07:52]

Technology's big-spending trio of Google, Facebook, and Amazon.com appear to be tightening their belts - at least a notch - in a concession to cost-conscious investors and a strong dollar that's taking a big bite out of their revenue.

More US pigs going to market as beef takes a back seat

[2015-02-04 07:52]

In the United States, the country that made the hamburger a global icon of American fast-food cuisine, beef is about to fall another spot on the meat scale.

GDP: How far can it fall?

[2015-02-03 07:58]

An unexpected contraction of manufacturing in January has raised speculation about the bottom line of GDP growth that the government can tolerate, given the "new normal" situation confronting China.

Forecasters predict little change in yuan band

[2015-02-03 07:58]

China's central bank is too preoccupied with supporting the economy to contemplate widening the yuan's trading band this year, a Bloomberg survey shows.

New business models to further boost Guangzhou trade prospect

[2015-02-03 07:58]

Guangzhou will continue to develop new business models to boost its foreign trade, the city's mayor Chen Jianhua said on Monday.

Tough task: Calculating true value of nature

[2015-02-03 07:58]

Naoko Ishii, head of the world's largest source of public funding for environmental grants, said that economic development and climate change must go hand-in-hand for the world to ensure a global agreement on climate change.

Asia's new group of corporate stars wait their turn to shine

[2015-02-03 07:58]

In the past few years, many Asian companies have entered the global stage and challenged the dominance of Western companies. Despite economic growth slowing in Asia, there is much to suggest this trend will continue.

Infrastructure offers world of opportunity

[2015-02-03 07:58]

Companies involved in infrastructure projects are set to explore more markets and increase exports to Europe in the coming years, with strong support from the Chinese government.

China still on lookout for foreign prospects

[2015-02-03 07:58]

The new year has barely begun but already the international business news is once again dominated by Chinese companies' overseas investment and expansion plans.

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