Uniqlo's parent company said Thursday that quarterly net profit jumped by almost half from a year ago, as it refocused on a strategy aimed at luring thrifty shoppers.

India's SpiceJet is set to seal an order for at least 90 new 737 jets from Boeing, two sources said on Thursday, as the low-cost carrier targets an expansion to tap into India's booming air travel market.

Chinese banks extended a record 12.56 trillion yuan ($1.82 trillion) of loans in 2016 as the government encouraged more credit-fueled stimulus to meet its economic growth target, despite worries about the risks from an explosive jump in debt.

Marks & Spencer (M&S) soundly beat forecasts for Christmas trading with its first quarterly rise in clothing and homeware sales in nearly two years, delivering a welcome boost for new boss Steve Rowe.

Chinese hotel bookings to Thailand for the Lunar New Year have tumbled as a crackdown on cheap package tours hits visitor numbers from its biggest source of holiday-makers.

Microchip giant Taiwan Semiconductor Manufacturing Co. (TSMC) says it will create more jobs in the United States as the firm posted record profits.

India has attached importance to Khulna to improve connectivity and trade infrastructure in the region to open up new opportunities for investment.

Turkey's embattled lira on Wednesday took a new pounding on foreign exchange markets as emergency measures announced by the central bank failed to impress markets rattled by terror attacks and political instability.

The EU proposed Tuesday broadening privacy protections in electronic communications, including tracking by advertisers, in a bid to promote a digital single market worth tens of billions of euros.

Rising income inequality is seen as the top risk for the global economy in 2017, with reforms to market capitalism increasingly viewed as necessary to ward off a populist backlash, the World Economic Forum said Wednesday.

Canada is keen to boost its business ties with India and is moving forward with attempts to seal a trade pact with the South Asian country, Canada's minister of infrastructure and communities told Reuters.

The World Bank on Tuesday pared back its global growth estimate for 2017, but uncertainty about the economic policies of US President-elect Donald Trump is clouding the outlook.

Inflation in India is expected to have cooled to a two-year low in December as the government's surprise currency crackdown rattled the economy and severely hurt consumption, a Reuters poll found.

ALIBABA founder Jack Ma and Donald Trump made headlines with the Chinese entrepreneur's attention-grabbing pledge to create one million US jobs, but analysts say the move is more about good PR than substance.

Transcom Beverages awarded the company's top performers of 2016 at its annual conference for 2017.

Airbus on Wednesday said it had outstripped its own delivery expectations in 2016, closing the gap with Boeing, and beat its US archrival on orders.

Sri Lanka announced Wednesday it would raise $1.5 billion through a domestic bond sale this year as it moves to rebuild its foreign exchange reserves.

Etihad Airways is introducing a third daily flight on the Abu Dhabi – Riyadh route on February 1.

The banking system in India serves the rich only and there is nothing for the poor, Nobel laureate Muhammad Yunus said on Tuesday.

India's fuel demand growth is expected to slow by as much as 40 percent in 2017 from last year as a government-induced cash shortage hurts businesses, industry and car sales.