[SYDNEY] Australia boasted the smallest current account deficit in 15 years last quarter as booming resource exports delivered a whopping turnaround of A$8 billion (S$8.63 billion) to the nation...

[BEIJING] China will set lower economic growth and monetary expansion targets this year as policy makers switch gears to curb excessive credit growth and reduce financial risks, according to...

[WASHINGTON] The US Senate easily confirmed billionaire investor Wilbur Ross as US commerce secretary on Monday with strong support from Democrats, installing President Donald Trump's top...

[TOKYO] Japan's industrial output unexpectedly fell in January for the first time in six months, knocked by a slowdown in shipments of cars to the United States in a sign of an economy grappling...

[GHAZIABAD, India] Struggling with customers unable to pay on time and plummeting sales, Indian small-business owner Ravi Jain fears the government's crackdown on cash will have a much larger...

[NEW YORK] President Donald Trump sought on Monday to bring the nation's largest insurance companies on board with his plans to overhaul Obamacare, saying their help was needed to deliver a...

[WASHINGTON] The Pentagon presented the White House with possible new battle plans Monday to defeat the Islamic State group, after President Donald Trump demanded top brass find additional ways to...

[LONDON] One of British Prime Minister Theresa May's predecessors attacked her Brexit strategy on Monday as a bill to start the EU divorce also hit opposition in the House of Lords...

[WASHINGTON] President Donald Trump teased a budget plan Monday that includes a nearly 10 per cent increase in defence spending and a "large reduction" in foreign aid...

[WASHINGTON] Federal Reserve Bank of Dallas President Robert Kaplan reiterated his view that policy makers should raise interest rates "sooner rather than later" and without paying...