Australia’s Wesfarmers writes off A$2.3bn

Homebase buyer takes hit after accounting probe at Target unit

Buying Chinese bonds brings political risk

Fosun and Kaisa show why defaults are hard to predict

Xiaomi Mi Drone
©Company handout

Xiaomi to launch cut-price drones

Segue into drones comes as growth in smartphones flags

China should employ debt equity swaps

Allowing banks to swap debt for equity is crucial for addressing non-performing loan problem

China equipment makers to dig in overseas

Construction sector ramps up competition for Caterpillar, Komatsu, Deere and others

Conservative Party conference in Manchester. Secretary of state for Business, Sajid Javid, MP.

Javid lands in Mumbai for key Tata talks

Indian company finalises shortlist for UK steel bids

How a Malaysian scandal hit a Swiss bank

Why BSI ran into trouble in Europe and Asia over the 1MDB affair

Pakistan closes in on MSCI upgrade

Promotion to emerging market status could prompt funds outflow

Sony warns profits to almost halve

Japanese group affected by earthquakes and resurgent yen

MasterCard to trial robot in Pizza Hut

Childlike android Pepper comes of age taking orders and payments

Wang Jianlin warns Disney over China resort

Vow to ‘make venture unprofitable’ as Dalian Wanda prepares to open rival park

India’s banks face long clean-up job

Sobering Q1 results are not encouraging for short-term investors

Tata Steel ready to trim list of bidders

Board meeting in Mumbai on Wednesday to shortlist prospective buyers for UK assets

HSBC seeks Asia lifeline beyond Hong Kong

Expansion beyond home territory comes as regional growth slows

China duo to buy stake in MP & Silva

Latest Chinese acquisition in global sports and entertainment sector

Swift outlines plan against cyber theft

Bank payment system network plans to share information

Bayer bets big with $62bn Monsanto offer

Some investors fear German group will have to raise its bid

China logistics group eyes reverse merger

Package delivery booms as investors look to put money in online shopping

Chinese investors to buy Aixtron for €670m

Mainland group is latest to buy European company

VietJet signs $11bn Boeing order

Budget airline targets expanding domestic and regional markets

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