WASHINGTON, Jan 28 (Reuters) – The top U.S trade official told lawmakers on Tuesday he hopes to wrap up an ambitious Pacific trade pact within months as he urged Congress to back the administration’s trade agenda.
China’s yuan broke into the top five as a world payment currency in November, overtaking the Canadian dollar and the Australian dollar, global transaction services organisation SWIFT said on Wednesday.
The Bar Association plans to take firm action against foreign lawyers practicing law in the Kingdom, its spokesman told Khmer Times.
The response to Cambodia’s first mobile-delivered life insurance product has exceeded expectations, Smart Axiata said on Tuesday.
Airlines vying for a piece of the action on the popular Phnom Penh-Siem Reap route have dropped one-way ticket prices as low as $1 in a bid to attract passengers.
Oil fell in see-saw trade early this week , with U.S crude ending at its lowest in nearly six years, as traders discounted comments from OPEC’s top official about the market finally finding a bottom.
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European Union hawks on Russia, including Poland and Lithuania, called earlier in the week for sanctions on Moscow to be stepped up after a new offensive by pro-Russian rebels in eastern Ukraine,…
The euro rebounded early this week as investors took advantage of steep losses sustained during two days of dramatic selling, with the final push down to a fresh 11-year low coming…
Cambodia is the fastest-growing air freight trade lane among emerging markets that export to Europe or the US, a new study shows.
South Korea’s finance minister said on Monday that consumer price trends raised fears that the economy could suffer deflation and that the government would take appropriate policy measures to manage that risk.
The growing ranks of the super rich and their increased appetite for risk have caught the eye of investment bankers.
Indian conglomerate Mahindra Group plans to expand its renewable energy business and invest 45 billion rupees ($732.
Thailand’s finance ministry plans to borrow 40 billion baht ($1.2 billion) to provide temporary work for farmers during the dry season, Deputy Finance Minister Wisut Srisuphan said on Monday.
With less than a year until the establishment of the Asean Economic Community (AEC), a regional common market that will open the free flow of capital and investment, the financial landscape is changing quickly.
The European Central Bank’s bond buying programme will give a decisive boost to Italy’s stagnant economy, business lobby Confindustria said on Saturday, while the Bank of Italy said it would make it easier to pass reforms.
Ford Motor Co said it was taking a charge related to its Venezuelan operations that will cut fourth-quarter net profit by $700 million, as companies scramble to shield their bottom lines from the country’s volatile currency.
Britain’s top shares index climbed to a four-month high last week and recorded its biggest weekly gain in three years, with Associated British Foods leading the ma.
Russia is starting to see a wave of mass layoffs as a result of the plunging economy and needs to rethink where and how fast it spends its reserves, former finance minister Alexei Kudrin said.
YANGON, Jan. 24 (Xinhua) — Myanmar Union Parliament has approved signing agreement on establishing a regional secretariat for mutual recognition of ASEAN tourist experts, state-media reported Saturday. The parliament also approved receiving the 10.5 billion…
Shares of online data storage provider Box Inc rose as much as 77 percent in their market debut as investors bet on the company’s ability to turn profitable in a highly competitive market, boding well for another big year for IPOs.
Australia and China are allowing more flights with each other, and paving the way for new routes, in an air services pact that follows a historic free trade agreement they struck last year.
Thailand’s finance minister said on Friday that the central bank should cut interest rates to help the sputtering economy and he was worried that the baht’s strength will hurt exports, a key growth engine.
Cameron and Tyler Winklevoss are trying to firm up support by creating the first regulated Bitcoin exchange in the United States, dubbing it the “Nasdaq of Bitcoin”, the New York Times reported.
Casino operator Galaxy Entertainment Group plans to more than double its investment to HK$100 billion ($12.90 billion) in its Macau integrated resort as part of a goal to reduce its focus on gambling.
8211; Thailand’s second-largest homebuilder by market value, Pruksa Real Estate PCL, said on Friday it will spend 14 billion baht ($429 million) on land for a housing development this year, to…
Microsoft Corp will give away its upcoming Windows 10 operating system as a free upgrade to users of the most recent versions of Windows and Windows Phone, as the world’s largest software company tries to retain customers in the mobile era.
The Swiss currency shock has raised an awkward question many investors have been fearful of asking – what if central banks become as unpredictable and fallible as they are powerful?.
The New Year’s rally in gold stocks offers a respite for the beaten-down sector, but it masks deep-seated problems of bloated debt, weak growth prospects and overvalued assets that will emerge when miners…