Global Business

Tesla cuts prices to simplify lineup

Tesla Inc has dropped the standard-range variants of its Model X and Model S from its product lineup

Malaysia seizes $240mn from Chinese company

Malaysia seized more than 1 billion ringgit ($243.5 million) from a bank account of state-owned China Petroleum Pipeline

US proposes barring big tech companies

A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been

Wall Street finds blockchain hard to tame

Two years ago Nasdaq Inc and Citigroup Inc announced a new blockchain system they said would make payments

China boosts bond issuance to $104b

China's local governments sharply accelerated their bond issuance in June as they looked to ramp up infrastructure spending

German investor morale darkens on trade disputes

The mood among German investors deteriorated more sharply than expected in July, a survey showed on Tuesday, with

U.S. to raise bar for "made in America" products

By Asian Age Online

U.S. President Donald Trump ordered Monday that only products with more than 55 percent made in the United States may

Boris Johnson raises Brexit stakes with Irish border stance

By Asian Age Online

The favorite to become Britain's next prime minister, Boris Johnson, has raised the Brexit stakes by saying he will discard

Reassuring Chinese data nudges shares higher

Surprisingly upbeat economic soundings from China lifted the global markets mood on Monday, pushing world shares toward an

Will India's tax on the rich hit foreign investment inflows?

The Indian government's budget proposal earlier this month to increase taxes on those with annual incomes of more

UK deals blow to insurers with change

Britain's Ministry of Justice said on Monday it will change the discount rate used to calculate compensation for

Bitcoin drops more than 10%

Bitcoin slumped more than 10% over the weekend to a two-week low as fears of a crackdown of