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Japan business confidence hits three-year high: Bank of Japan


Confidence among Japan's biggest manufacturers has risen for the third straight quarter to the best level in more than three years, a key central bank survey showed Monday as exports continue to grow.

Government bails out South African Airways


The South African government has given the state carrier funds to help it repay loans of around 176 million US dollars to Standard Chartered.

'Northbound' mainland-Hong Kong bond connect to start Monday


Qualified overseas investors will be able to invest in the Chinese mainland interbank bond market via the mainland-Hong Kong bond connect program starting Monday, an official statement said Sunday.

Key US inflation measure declines in May


The Federal Reserve's preferred measure of inflation retreated in May, casting further doubt on the chances for another interest rate increase this year, according to Commerce Department data released Friday.

India eyes sale of debt-laden airline New Delhi is hoping to privatise


New Delhi is hoping to privatise Air India to make the ailing national carrier more competitive, but experts say debts of at least $8 billion could deter buyers.

Asian markets hit by fears over Trump economic agenda


Asian markets turned negative on Wednesday as Republicans' struggle to push through controversial health care legislation fuels concerns about the chances of Donald Trump passing his much-vaunted economic agenda.

Apple buys German tech firm specializing in eye tracking systems


Apple has underlined its virtual and augmented reality ambitions with the purchase of German technology firm SensoMotoric Instruments, German press agency DPA reported Tuesday.

China to strengthen supervision of overseas investment


China will strengthen its supervision of overseas investment and establish a system to tame risks overseas, according to a report Monday from Xinhua News Agency.

South Korea economy to see mild improvement this year: central bank


South Korea's economy is expected to see gradual improvement this year thanks to manufacturing and services, the country's central bank said in a regular report on regional growth on Monday.

Hong Kong: Visitors spend 60% of travel budget on purchases


Speaking of Hong Kong, what comes to your mind first? We asked people randomly on street, many said "Shopping!"