Hindustan Unilever Ltd, India's top consumer goods maker, said on Friday it will set up a joint venture with Smollan Holdings of South Africa to service the Indian firm's retail customers.
Hyundai Motor KS, South Korea's top auto maker, plans to boost struggling China and U.S. sales with another factory and new models but investors reacted with skepticism, sending its shares down almost 5 percent.
Wall Street bankers are flocking to the Middle East, and it's not for oil or the balmy weather.
Buddhist monks in Myanmar staged a protest march on Wednesday, their first since soldiers crushed a pro-democracy uprising a month ago, as U.N. special envoy Ibrahim Gambari prepared a return visit to the former Burma.
Financial markets will take a few more months to recover from the credit crisis but the global economy was likely to withstand the shock, Standard Chartered Bank's Mervyn Davies said on Wednesday.
India's Ranbaxy Laboratories may get a strategic partner for its research unit that will be listed next year, and expects deals to sell products of global firms in emerging markets, its chief executive said.
The impact of the U.S. subprime mortgage crisis has been limited in Asia and will be limited because of ample cash in the region's banking systems, a top Citigroup official said on Wednesday.
The dollar touched an all-time low against the euro on Wednesday, while Asian stock markets marked time as many investors sat on the sidelines ahead of a widely expected interest rate cut by the U.S. Federal Reserve.
Leading negotiating nations are closer than ever before to concluding successfully the arduous Doha round of world trade talks, India's trade minister said on Tuesday, adding an end-2008 deadline could be reached.
Internet media company Yahoo Inc said on Tuesday it is adding media-playing features, large file transfers, new languages and other tools to its instant messaging service.
Credit crunch or not, the allure of stellar growth and profits remains for investors.
German Chancellor Angela Merkel aims to boost business ties with India on her first trip to the world's biggest democracy starting on Monday.
Treasury Secretary Henry Paulson will soon urge Indian officials not to move forward with a planned pipeline project that would bring Iranian natural gas to India, a senior Treasury official said on Thursday.
Google Inc has hit its stride with a strategy that focuses on Web search, advertising and applications, Chief Executive Eric Schmidt said on Wednesday, as he downplayed possible threats.
Wal-mart, the world's largest retailer is considering concentrating more on its international stores as well as opening up more stores in other countries for its business growth.
The semiconductor industry may be slowing down according to a new report released by the Fabless Semiconductor Association.
Carlos Ghosn, chief executive of Renault and Nissan Motor Co, said on Wednesday he was confident of being able to develop a $3,000 car in India with proposed partner Bajaj Auto Ltd.
A plan by India to restrict an avenue that allows foreigners to invest anonymously in India's soaring stock market may prove effective at moderating the unwanted side-effects of an unprecedented inflow of capital.
Insurer Prudential topped forecasts on Tuesday with a 10 percent rise in nine-month sales, as growth in Asia, driven by India and Taiwan, offset the impact of a weak dollar and a shrinking business at home.
The head of the International Monetary Fund on Monday warned that an "earthquake" in credit markets may have been so severe the global economy tips into recession, ending a five-year boom.
Multinational retailers are waiting for India's chaotic industry to settle down.
President George W. Bush expanded U.S. sanctions against Myanmar's rulers on Friday, accusing them of "vicious persecution" of democracy protesters, and urged China and India to step up pressure on their neighbor.