AT the vast open-plan headquarters of Indian telecoms start-up Jio, billionaire oil tycoon Mukesh Ambani stands in short sleeves beneath a digital tracker that logs every new subscriber to his service.

The financial system's ability to cope with Britain's vote to leave the European Union and with doubts over growth prospects show the benefits of rules introduced since the 2008 collapse of Lehman Brothers bank, a global watchdog said on Wednesday.

India approved a plan on Wednesday to allow foreign investors to settle, emulating a policy in countries such as the United States and Singapore to woo investment from abroad.

China will set up seven new free trade zones (FTZs), bringing the total to 11, the Xinhua news agency reported on Wednesday. The new zones will be in Liaoning, Zhejiang, Henan, Hubei, Sichuan, Shaanxi and Chongqing, Xinhua said.

British consumer morale in August recovered some of its post-Brexit slump, a survey showed on Wednesday, a latest sign that consumers are adjusting to the decision to leave the European Union.

India's Zee Entertainment Enterprises Ltd said on Wednesday it has agreed to sell its sports broadcasting business to Sony Pictures Networks for $385 million, as it rejigs its media content delivery businesses.

Chinese multinational Shanghai Electric is set to buy the utility serving Pakistan's biggest city of Karachi, in a $1.6 billion deal that will be

Twitter Inc on Tuesday stepped up its battle to attract video talent to its platform, saying it will allow US users who upload a video to share in any advertising revenue it generates.

Imports of Iranian oil by four major buyers in Asia in July jumped 61.1 percent from a year earlier, marking the biggest percentage gain since April 2014, reflecting Tehran's aggressive moves to recoup market share, lost under international sanctions.

Euro zone inflation was stable in August, against expectations of a slight rise, as food, industrial good and services prices increased by less than in July, piling more pressure on the European Central Bank to act.

Global investors cut their UK equity and bond exposure in August in the wake of Britain's vote to leave the European Union and sought out higher-yielding emerging markets in reaction to Western central banks' loose monetary policies.

China's biggest carmaker Shanghai Auto Industry Corporation (SAIC) has reported a rise in net profit of more than six percent in the first half on stronger sales.

Nepal's trade deficit grew to a record $6.5 billion in the financial year to mid-July, an increase of 2 percent, as political upheaval, a blockade of its border with India and the lack of industrial development all weighed on foreign trade.

The union representing most Canadian autoworkers has voted for a strike mandate, it said on Sunday, bolstering its position in contract negotiations with the Big Three US carmakers.

Gold slid to a near five-week low on Monday after comments from top Federal Reserve officials fuelled speculation that US interest rates would rise sooner rather than later, weighing on the dollar.

The European Commission on Monday insisted talks on a huge US free trade deal were on track, rejecting German claims that irreconcilable differences had left the deal dead in the water.

India's economic growth likely lost some momentum in the April-June quarter on cutbacks in domestic and global demand, a Reuters poll showed.

Japan's Sharp Corp is hoping to team up with its domestic rival Japan Display Inc in organic light-emitting diode (OLED) displays to catch up with South Korean manufacturers, the Nikkei business daily reported on Monday.

Oil fell towards $49 a barrel on Monday, pressured by high output from Middle East Opec members and as a stronger US dollar weighed on commodities.

The US Securities and Exchange Commission paid a BHP Billiton insider $3.75 million for detailed information in an investigation into alleged bribery of Asian and African officials, the Australian Financial Review reported on Monday.