Donald Trump’s stunning election victory may complicate Prime Minister Shinzo Abe’s efforts to revive Japan’s economy, underscoring the vulnerability of Abenomics to fluctuations in the yen and export profits.

India’s $100bn steel-to-software Tata conglomerate sharply escalated a battle with its ousted chairman Cyrus Mistry, sacking him as head of the group’s flagship business and blaming him for nearly pushing the group holding firm into losses.

Nintendo yesterday launched a palm-sized version of its eighties era games console, setting up an old versus new showdown with rival Sony as it released a new PlayStation 4.

The world’s second-largest economy is US president-elect Donald Trump’s designated bogeyman, threatening it on the campaign trail with tariffs for stealing American jobs, but analysts say US protectionism could create opportunities for Beijing.

Wall Street retreated from fresh record highs and other stock markets went negative yesterday as a 24-hour rally following Donald Trump’s shock election win fizzled out.

Donald Trump’s victory and protectionist rhetoric drove some investors away from Mexico, prompting warnings of tariffs and slower growth while being met with a shrug by Canadian trade experts, who largely expect the status quo.

German telecoms operator Deutsche Telekom yesterday stood by its prediction of a strong 2016 after a third quarter boosted by its mobile phone business in the US.

Central bank reaches repurchase agreement with overseas banks; planned Eurobond sale may be delayed due to market volatility

An employee arranges jewellery at a window display in a shop at the Gold Souq in Dubai (file).

Siemens announced plans to spin off its $15bn healthcare division in one of the German engineering giant’s biggest portfolio revamps as it narrows focus on energy, transport and factory gear.

Qatar witnessed 63% increase month-on-month in building permits issued by various municipalities in October; with Al Da’ayen, Umm Slal, Wakrah and Doha recording the fastest expansion, according to official figures.

As businesses in Qatar prepare for the introduction of value-added tax (VAT) from January 2018, the country has retained its leading position as one of the world’s most tax-friendly jurisdictions ...