Japan's Factory Output, Retail Sales Slump In November, Casting Doubts On Economic Recovery
Trade data released Monday left industry analysts unimpressed with some suggesting that a clear recovery in the country’s economy could be pushed into early 2016.
Russia Says Airstrikes Have Not Hit Any Civilian Targets In Syria
Russia, which has launched about 5,200 sorties in Syria over the past three months, has faced accusations of damage to civilian life and property.
China Economy: Industrial Profits Fall For Sixth Straight Month In November
Oversupply, combined with lower demand for its products, has pushed Chinese companies' profits down, especially in the mining sector.
Guinness Zero: Iconic Beer Maker Introduces Alcohol-Free Variant In Indonesia
The Muslim-majority country banned the sale of beer in convenience stores in April, to combat underage drinking.
Samsung To Sell Off Stake In Construction Unit After Regulatory Directive
South Korea's antitrust watchdog ordered the conglomerate to simplify the corporate structure of its publicly listed companies earlier Sunday.
UK Flood Warnings: Homes Evacuated Amid Heavy Rains, 'Danger To Life'
Some 500 to 600 people were being prepared to be evacuated from Lancashire on Saturday, fire department officials said.
Nepal Earthquake: Reconstruction Agency Clears Parliamentary Logjam
Eight months after a devastating earthquake, Nepal has finally paved the way for a reconstruction agency to spend the money pledged by foreign donors.
Japan Coast Guard Spots Chinese Ships Near Disputed Senkaku Islands
One of the three Chinese vessels spotted on Saturday was armed with an autocannon, Kyodo News reported.
China Air Pollution: Smog Blankets Beijing, Shanghai Day After Christmas
Authorities in Beijing raised an air-pollution alert Christmas Day, while canceling more than 200 airline flights from the Chinese capital.
Rising Aluminum Prices Bring Cheer To Australian Miners, Outlook Predicted To Improve
As the metal's price rallied Thursday to its highest level since October and the outlook for the next two years brightened, the shares of mining companies followed suit.
India’s Reliance Defense Signs $6B Arms Deal With Russia’s Almaz-Antey During Modi's Moscow Visit
The agreement was announced during Indian Prime Minister Narendra Modi's visit to Moscow.
China's Industrial Production Forecast To Grow 6% In 2016
The growth indicator is predicted to rise at the same pace as in 2015 as Beijing's efforts to arrest a slowdown in the country's economy have met with mixed results.
Japan Budget Draft Details Record Defense, Social Security Spending
Bigger tax revenues, expected at a 25-year high, are expected to cover nearly two-thirds of the inflated bill, compared to less than half in 2009.
Airbus Lands $2.3B Order From China Southern Airlines
The deal will help increase the airline's capacity by 4 percent in a market that is predicted to overtake the U.S. as the world’s biggest aircraft market.
France In Talks With Allies To Form Military Action Plan For Libya In 2016: Report
France is seeking to form a coalition with European allies to mitigate the rising threat of ISIS in Libya, a French newspaper reported.
US Calls For 256% Tariff On Chinese Steel Imports
Rising imports have hurt productivity at U.S. steel mills, forcing them to operate at about two-thirds of their capacity.
US Consumer Spending Rises Most In 3 Months, Data Leaked Early Show
Consumer spending, which accounts for about 70 percent of the economy, rose by the most in three months, figures released ahead of schedule show.
Deutsche Bank's Suspicious Russian Transactions Count Rises To $10B: Report
These trades have allegedly allowed investors to move money from one country to another in violation of sanctions placed on Russia after its annexation of Crimea.
Japan Pegs 2016 Growth At 1.7%; Set To Boost Stimulus To Record Levels
The government's projection was more optimistic than the Bank of Japan forecast, which put real GDP growth at 1.4 percent for 2016.
SpaceX Rocket Pulls Off Safe Landing In A Landmark Event
The landmark event marked a major victory for SpaceX since a rocket failure in June destroyed a NASA cargo ship bound for the International Space Station.
McDonald's Japan Shares Plunge On Report That US Parent Company May Sell Stake
Share of the fast food giant's Japanese unit plunged Tuesday after the Nikkei Asian Review reported that the company was in talks with potential buyers.
Airbus Delays A320neo Deliveries To India’s IndiGo Citing 'Industrial Reasons'
Shares of IndiGo, which had bet big on the A320neo aircraft, fell more than 5 percent on the Bombay Stock Exchange Monday.
Toshiba Forecasts $4B Loss For Current Fiscal Year, Plans To Cut A Third Of Its Headcount
The Japanese electronics maker said Monday that it expects to record a $4.5 billion loss for the current fiscal year and plans to cut headcount by a third.
Nomura To Buy $1B Stake In US Money Manager American Century Investments: Report
The deal, if confirmed, would not only be the largest for the Japanese brokerage since the 2008 financial crisis, but also mark its entry into the U.S. investment trust market, the Nikkei Asian Review reported.
Crude Oil Prices Hit 11-Year Low As US Ramps Up Production
Crude oil benchmark prices slid to their lowest since 2004 on Monday over concerns of increased supply from the U.S. and Iran.
Military Defeat Of ISIS 'Will Not End' Global Threat From Jihadi Groups: Report
The West is making a strategic mistake by focusing only on the Islamic State group, according to a think tank run by Tony Blair Faith Foundation.
China’s Copper Cartel Braces For Further Production Cuts
Copper producers in China have come under pressure from the central government to tackle oversupply issues facing the metals industry.
Europe Refugee Crisis: German Minister Threatens EU Countries With Legal Action Over Ignoring Quota
Germany said that EU states ignoring the quota plan to distribute 160,000 refugees and migrants across the bloc could face legal consequences.
Bernie Sanders’ Campaign Suspends 2 Aides Over Clinton Data Breach
His campaign suspended two aides, including its national data director, Josh Uretsky, in the wake of its accessing her voter data.
Valeant Cuts Revenue, Profit Outlook, Gets Third Information Request From US Authorities
The Canadian drugmaker on Wednesday lowered its outlook for revenue and profit guidance for the fourth quarter and the full year over growing scrutiny of its business practices.