The world's biggest shipbuilder, South Korea's Hyundai Heavy Industries, has reached a deal to acquire a majority stake in ailing number two Daewoo from the government, Seoul said Thursday. The world's top three shipbuilders are South Korean -- Samsung Heavy ranks third -- but the industry...

 (Zaman Al Wasl)- The Syrian pound (Lira) weakened against the U.S. dollar on Wednesday despite regime promises to revive the economy following the sign of  'strategic economy deals with Iran. The dollar was up 0.30 percent at 530 S.P in two weeks. Bashar al-Assad on...

E-commerce giant Alibaba Group Holding Ltd’s quarterly revenue grew at its weakest pace since 2016, as the impact of a slowing Chinese economy and a crippling Sino-U.S. trade war kept buyers away during its top-sale season. The result is likely to add to investor worries as it...

The FBI is investigating Chinese economic espionage in nearly all of its 56 field offices around the country, underscoring the depth of the threat to US business, Director Christopher Wray told Congress Tuesday. "China writ large is the most significant counterintelligence threat we face,"...