China's state oil giant Sinopec suspended two key officials at its Unipec trading arm, after the company faced losses, sources reported on Thursday.
Tesla has set up a new financial leasing unit in China amid latest sign the US EV maker is trying to accelerate its push into the Asian country.
Foxconn is set to start assembling top-end Apple's iPhones in India from the new year, according to source with a knowledge of the issue.
According to the short-seller Citron Research, Facebook shares is likely to hit $160 next year due to a little impact seen on the company's user base and revenue from privacy issues and data scandals this year.
India is set to tighten the e-commerce rules, banning Amazon.com and Walmart's Flipkart from selling its products from the firms in which they own an equity interest.
On Thursday, the European Central Bank stated it was expecting the global economic slowdown in 2019, which should stabilise thereafter, while prices were still seen to increase.
China's Huawei Technologies sees its 2018 revenue surging to its record-high of 21%, which is $109B, despite international scrutiny over its activities, marking the fastest business growth pace in two years.
The US President Donald Trump is thinking over a new year executive order to declare national emergency to bar the US firms from using China's ZTE and Huawei telecommunications equipment.
On Thursday, Japan's NEC stated it would spend about $1.23B to acquire KMD, Denmark's biggest IT company.
Visa has signed a deal to acquire the British payments firm Earthport for about $250.6M, offering 30 pence for each of the company's shares.
Vinci, the French construction group, is acquiring 50.01% stake in the London Gatwick airport in a deal valued at $3.67B, it announced on Thursday.
Earnings at Chinese industrial firms fell or the first time in since 2015 last month, as slackening domestic and external demand left businesses facing increased strain in 2019.
Thailand's yearly headline CPI is expected to rise 0.84% in the month of December, staying below the Central Bank's target for the second month in succession.
Cambodia plans to attract more foreign tourists and investors in 2019, the Cambodian Prime Minister Samdech Techo Hun Sen says.
Rwanda plans to double income from tourism in the next six years through sustainable wildlife conservation, the Rwanda Development Board says.
The US sanctions against Iran won't achieve the desired result, The Iranian President Hassan Rouhani says.
The Turkish President Recep Tayyip Erdogan invited the US President Donald Trump to visit Turkey the next year, the White House Deputy Press Secretary Hogan Gidley says.
A privately-owned telecom solution provider Huawei plans to expand business operations related to the development of 5G network across the globe, the Huawei chairman Liang Hua says.
The ongoing partial government shutdown in the US won't end until a border wall is approved, the US President Donald Trump says.
Iran plans to offer 3M barrels of crude oil to the private sector for exports, the Iranian Petroleum Minister Bijan Namdar Zanganeh says.
Zambia received investments worth $3.9B in various sectors of the economy in 2018, the Zambia Development Agency reports.
On Wednesday, Kevin Hassett, the White House economic adviser, said that the US Federal Reserve Chairman Jerome Powell's job is not at risk.
On Wednesday, Wall Street's funded watchdog penalised Morgan Stanley unit about $10 million for violations of anti-money laundering program.
Rusal, Russia's aluminium titan, announced on Wednesday its chairman of the board of directors Matthias Warnig had stepped down n the back of restructuring plan related to the US sanctions.