The US Department of Justice and the Commodity Futures Trading Commission is investigating at least 10 major banks for a possible rigging of precious-metals markets, the Wall Street Journal reported, citing people close to the inquiries.
A severe shortage of attractive malls has made setting up shop in India easier said than done, crimping expansion plans for both foreign retailers such as Lacoste and domestic giants like department store chain Shoppers Stop.
Google said Monday it was teaming up with the mobile phone payment firm Softcard to ramp up its efforts to counter Apple Pay in the emerging sector.
When global miner BHP Billiton reports its half-year results on Tuesday, the only parts of the company that are likely to report profit growth are some of the unloved assets it aims to spin off by June.
Cambodia drew investment projects valued at over $4 billion last year, a senior government official said on Tuesday.
Nine companies operating in Cambodia signed agreements with the Anti-Corruption Unit (ACU) on Monday pledging to take a zero-tolerance approach to corruption and unfair business practices.
Prized in China for its alleged health benefits for hundreds of years, nests made from swiftlets’ saliva are being mixed into coffee and cereal as the Southeast Asian producers of the…
Cambodia’s insurance sector is enjoying strong growth as consumers become increasingly aware of the Kingdom’s insurers and confidence grows in their products, according to the industry body’s head.
With consumer credit demand and outstanding loan balances set to increase at a galloping pace over the next five years, Cambodia’s first and only credit bureau is taking on ever-greater importance.
As an engineering major at Seoul’s Yonsei University, Yoon Ja-Young was perfectly poised to follow the secure, lucrative and socially prized career path long-favored by South Korea’s elite graduates.
Mitsubishi Heavy Industries’ shares rose on Monday after a consortium led by Japan’s top heavy machinery maker struck a $3.36 billion deal to build Qatar’s first subway system.
Greece was putting the final touches to reform proposals due to its European creditors Monday, seeking to balance its commitments under a debt deal with curtailed anti-austerity ambitions.
Japan’s All Nippon Airways on Monday announced plans to help turn around bankrupt Skymark Airlines, reportedly joining a string of other firms offering a lifeline to the struggling carrier.
Freight shipping prices have plummeted to a historic low, fuelled by a long-standing problem of too many ships and lower demand from China, but experts cautioned against seeing it as a warning on the global economy.
Phnom Penh Special Economic Zone Co Ltd (PPSEZ) is a Japanese-Cambodian joint venture that built and operates a 360-hectare industrial park on National Road 4.
Greece’s struggles with its euro zone creditors may have grabbed much of the world’s attention, but US Federal Reserve Chair Janet Yellen is likely to reclaim the spotlight this week with testimony on a long-anticipated shift in policy.
An Egyptian court acquitted on Saturday an oil minister who served under ex-strongman Hosni Mubarak in a retrial after a 2012 conviction for selling Israel natural gas at below market price.
Two former Barclays stockbrokers can keep nearly $4 million in signing bonuses, an arbitration panel has ruled, handing down a rare rebuke of a controversial recruiting practice common among brokerage firms.
WASHINGTON, Feb. 21 (Xinhua) — At first glance, the U.S jobless rate appears to be improving, as unemployment figures are trending downward and the economy continues to add jobs. But a deeper look unveils some troubling truths.