Oil prices fell more than a percent on Wednesday as a report showing a surge in U.S. crude stocks, rising production in Nigeria and squabbling among producers about a planned output cut re-ignited concerns about a global supply glut.
Asian shares tumbled in early trade on Wednesday, following in the footsteps of Wall Street, which pulled back on disappointing earnings, while the dollar inched down from a seven-month high and oil prices slid.
Some start-ups are taking on one of air travel's last undisrupted bastions - the economy-class cabin. While first and business class travelers have long enjoyed comfort upgrades, there's been less attention to innovation at the rear of the plane.
Earnings expectations for Asian companies are picking up after falling for three years, but some analysts are warning that the optimism about future growth is getting ahead of the fragile recovery in actual profits.
A subdued growth outlook for Singapore's trade-reliant economy is expected to keep inflationary pressures modest, the central bank said on Tuesday, highlighting a bumpy road ahead for the city state amid lingering weakness in global demand.
Jilmore, a Hyderabd-based online platform for booking artistes, has expanded its operations to the US and the UK. It is also in the process of expanding to six more countries — Malaysia, Singapore, ...