Business

Conflict in Iraq drives oil prices higher

The sudden eruption of an al Qaeda-linked militant insurgency in northern Iraq last week triggered the biggest oil price spike…

World Bank cuts 2014 global growth estimate to 2.8%

The World Bank cut its global economic growth forecast for 2014 to 2.8 per cent from 3.2 per cent because…

Pact to halt forced labor snubbed by Thailand, Gulf – ILO

Perpetrators of forced labour, which affects 21 million people globally, will be punished in most countries under a U.N. treaty…

Ukraine faces gas cut threat as talks with Russia fail

(Reuters) - Ukraine faces the threat of Russia cutting off gas supplies when a 0600 GMT deadline passes on Monday…

POEA imposes total ban on OFW deployment in Iraq except for one region

MANILA, June 16 (PNA) -- The Philippine Overseas Employment Administration (POEA) has issued a resolution imposing a total deployment ban…

Asian shares slip, crude firms as market eyes Iraq

(Reuters) - Asian shares got off on the back foot on Monday, as crude extended gains and tested nine-month highs…

Japan’s workforce shortage

Japanese firms are  taking matters into their own hands to address a labor shortage that's an unwelcome side effect of…

Asia stocks rise on brightening U.S. economic prospects

(Reuters) - Asian stocks basked in the glow of a record close on Wall Street after bright U.S. jobs data…

New bugs found in software that caused ‘Heartbleed’ cyber threat

(Reuters) - Security researchers have uncovered new bugs in the Web encryption software that caused the pernicious “Heartbleed” Internet threat that surfaced…

Asian shares steady, rising U.S. yields bolster dollar

(Reuters) - Asian shares were steady on Wednesday and the dollar benefited from rising U.S. Treasury yields, while the euro…

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