Draghi’s riddle of missing inflation argues for ECB patience

FRANKFURT, May 29 — When Mario Draghi is asked today why the European Central Bank can’t yet signal tightening for the region’s resurgent economy, he can respond with a question of his...

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Western Digital may join Japan-KKR group for Toshiba chip unit bid, sources say

TOKYO, May 29 — Western Digital Corp may join a consortium of Japanese government money and KKR & Co LP to bid for Toshiba Corp’s chip unit, backing away from an earlier demand for an...

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BMW says shortage of parts from Bosch hampers production

FRANKFURT, May 29 — German carmaker BMW said a shortage of steering gears supplied by Robert Bosch slowed production of its 1 series, 2 series, 3 series and 4 series BMW models and caused...

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China’s slam dunk ‘sharing economy’ booms, but can it last?

BEIJING, May 29 — Fancy shooting some hoops, but don’t have a basketball? Caught in the rain with no umbrella? Smartphone run out of juice? China’s rapidly expanding “sharing...

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SE Asia stocks mostly down; Philippines hits three-week closing high

MANILA, May 29 — Most Southeast Asian stock markets ended down today in the absence of catalysts, with the Chinese and US markets closed for holidays. Philippine shares, however, eked out a...

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More News

Beijing bling: Hyundai plots China branding reboot after missile row

Time for Islamic banks to consider merger, says banker

Melania factor boosts tourism in Slovenia

China’s Xi says need to move to greener economic growth, state media says

Opec insiders reel as key minister is fired during their meeting

China’s industrial profits rise 14pc as global trade improves

G7 makes ‘substantial progress’ on trade talks, French source says

As premier heads to Europe, China says resolute about opening its market

Airbus Helicopters starts construction of assembly line in China

Switch it up this year: Buy in May, till November stay

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