German premium brand HUGO BOSS, which is owned by British investment fund Permira, also owners of Valentino Fashion Gorup has announced an 82 percent increase in its turnover for 2010, compared t…

Indonesia’s largest private lender by assets, Bank Central Asia (BCA), is bracing for a loss of 300,000 of its credit card customers after the recent acquisition of retail chain Carrefour by the…

Singapore bank, Oversea-Chinese Banking Corporation Limited (OCBC Bank), has become one of only two non-US banks to win the Global Visa Service Quality Award 2009 in the category of Multi-National Acq…

Alibaba.com saw net profit rise 46 percent in the fourth quarter to USD62.4 million on the back of a 38 percent increase in revenue to USD230m, Bloomberg reported.
The e-commerce g…

Suning Appliance Co. has reported its 2010 earnings jumped nearly 39 percent from 2009 due to China’s stable economic growth and government’s measures to boost consumption.
Its net income …

Japan’s retailers were struggling with sluggish sales before the earthquake and tsunami on 11 March. Now their challenge is more daunting with heightened uncertainty about the economy set to squ…

Mizuho Bank, Japan’s second largest bank by assets, said its automatic teller machines were back up and running across the country after a shutdown earlier on Thursday, the latest disruption to …

Several leading Indian corporates have paid more advance tax in the fourth quarter of financial year 2011 as compared to the year before, indicating their healthy financial performances.…

Private firms should take advantage of branding, operational and marketing processes to keep transforming themselves and stay on top of the competition, says Black Sheep Runs Business Co, a Thai busin…

China on Monday ordered banks to drop fees on 34 basic services including opening accounts and resetting passwords from 1 July.
The People’s Bank of China, the China Banking Regulatory Commissio…