China's electric-car market is already the world's biggest, but a government proposal to introduce "new energy" vehicle quotas for automakers is further charging it up.
The recent arrest of Vijay Mallya highlighted the problem of bad loans in India, but analysts say the tycoon's unpaid debts are just the tip of an iceberg that is already holding back the country's economic growth.
The Group of 20 major economies sent a message Friday on the threat that rising protectionism poses to the global economy, but the United States cast doubt over its adherence to that stance.
The World Bank's private financing arm on Friday launched a joint venture with Europe's largest asset manager, Amundi, to create a $2 billion green bond fund to unlock financing for environmental projects in developing countries.
China's economy grew 6.9 percent in the first quarter of 2017, government data showed Monday, beating expectations in the latest sign of stabilisation in the world's second-largest economy.
Miko from Berlin may only be five, but he already has 1,000 euros ($1,063) per month to live on -- not from hard graft,but as part of an experiment into universal basic income.
Global carmakers converge on China for the Shanghai auto show this week, with the industry bracing for a sharp sales slowdown and potential price war as competition stiffens in the world's biggest car market.
China's growth stabilised in the first quarter thanks to rising investments and a recovery in exports, experts said, though they warned the reprieve may be temporary.
Prices for goods at the factory gate in China jumped in March, the government said Wednesday, in a positive sign of strengthening demand for the world's second-largest economy.
Australia's central bank held interest rates at a record low 1.50 percent for a seventh straight meeting Tuesday as it juggles a booming property market with mixed economic data.
US President Donald Trump praised the EU for doing "a very good job" in uniting after Britain's decision to quit the bloc, in a Financial Times interview published on Sunday.
A 10-year-old bright red Ferrari that belonged to President Donald Trump went on the block Saturday and sold for $270,000, auctioneers said.
Worries are whirring in Britain's smaller financial centres -- which together employ far more people than the glamorous City of London -- that the looming EU departure will lead to heavy job losses.
Manufacturing of quality products maintaining international standard is crucial to flourish local industries for enhancing business and increasing exports to face the challenges of globalisation.
Tesla on Wednesday announced plans to raise $1.15 billion in new funding to help fuel production of a mass market-targeted Model 3 electric car set for release this year.