Crested by payrolls data on Friday that could sway expectations about the timing of future interest rate hikes and spark volatility in record-high stock prices, Wall Street will fixate on a wave of U.S. economic data next week.   Investors could be helped in lending weight to a minority of...

The biggest move yet towards consolidation in an industry that many investors and Silicon Valley pundits view as a winner-take-all game was marked by Chinese powerhouse Didi Chuxing's acquisition of Uber Technologies Inc's China operations.   Just as Uber struggled to erode Didi's share in...

The world's trade body for exchanges said that a lack of clarity over regulation is holding back the development of blockchain technology for cutting the cost of share trading.   Blockchain is a tamper-proof shared ledger that can automatically process and settle transactions using computer...

With banks booming while commodities companies suffered, Russia's corporations painted an accurate reflection of the state of their country's economy.   The net profit reached 145.4 billion rubles ($2.2 billion) in the second quarter of this year for Sberbank, the state-controlled lender and...

Indian Prime Minister Narendra Modi sought someone who would cement credibility with international investors without upsetting his political base in promoting Deputy Governor Urjit Patel to lead India’s central bank. Both were successfully managed by Raghuram Rajan who steps down on Sept. 4....

To meet skyrocketing travel demand in the next 20 years, Chinese airlines need to hire almost 100 pilots a week. Chinese carriers are dangling lucrative pay packages at foreigners with cockpit experience having faced with a shortage of candidates at home.   He’s being bombarded every week...

While it isn’t clear the new "through train" would see any more traffic than the lackluster Shanghai one, efforts by China to draw more foreign investors was evident when China announced plans to open its Shenzhen stock market for foreign investors.   China's Shenzhen stock exchange is home...

Pushed by fears that the vote to leave the European Union would diminish the British capital's appeal as a global financial center, New York has knocked off London as the world's premier city for foreign investment in commercial real estate.   Voters in the U.K. had unexpectedly approved...

The pain caused by a rising yen was reflected and the huge task facing policymakers to generate growth is highlighted in the results of a poll done by Reuters showcasing the mood of the manufacturers. The poll showed that the mood of the Japanese manufacturers has soured in August to its lowest...

In a country where the working-age population will decline this year - a first among the emerging economies of Southeast Asia, the demand for elderly robots is on the increase. For example, apart from exercising with and entertain the elderly with its karaoke skills, keeping track of their...

Profits for Japan’s three big banks would be reduced by at least 300 billion yen ($2.96 billion) for the year through March 2017 due to the negative interest rates under the Bank of Japan's monetary easing policy, estimates Japan's financial watchdog. This was reported by the Nikkei business daily...