Philippines Gets First Investment Grade Rating from Fitch
Philippines exits from junk status and hopes to achieve 8.5% economic growth by 2016.
Brics Summit: China and Brazil Ink $30bn Currency Swap Deal
Deal takes almost half of trade exchanges between Brazil and China out of US dollar zone.
Qantas-Emirates Deal Gets Nod from Australia's Competition Watchdog
Qantas expects to revive its international operations with Emirates alliance.
BRICS Nations Set to Form New Bank to Replace IMF and World Bank
The BRICS nations will discuss ways to tackle under-development and currency fluctuations.
Cyprus Bailout: Banks to Remain Closed for Two More Days to Avert Run on Deposits [VIDEO]
Cyprus extends bank closure period in order to avoid mass withdrawals in connection with the bailout.
South Korea Growth Slows to Three-Year Low in 2012 on Global Economic Downturn
South Korea's export-oriented economy is affected by weak growth in China, its largest export destination.
Dating Firm Cupid Denies Allegations of 'Fake Profiles', Shares Surge
Cupid is accused of hiring "motivation managers" to encourage people to buy full subscriptions.
UK Banks Lose 90% of 2012 Core Profits to Fines, Payouts - KPMG
Cumulative statutory profits of big five declined by 40 percent in year to £11.7bn.
London Leads Britain's Biggest House Price Rise in Three Years - Hometrack
London leads home price increases as demand-supply gap continues to grow in UK housing market.
Cyprus Secures EU Bailout in Deal to Shrink Banking Sector [VIDEO]
Cyprus wins last-minute bailout deal as eurozone finance ministers agree on an alternative proposal to generate funds.
Greek Bank Piraeus to Buy Units of Cypriot Lenders in Greece
The sale of Cypriot banks' branches in Greece are part of the island's alternative plan to secure bailout deal.
Cyprus Parliament Approves Banking Reforms to Secure Bailout
Cyprus's troubled second largest bank Laiki to be restructured while controversial move to levy tax on bank deposits will be put to vote.
Mulberry Shares Plunge on Weaker-Than-Expected Profit Outlook
Mulberry expects yearly pre-tax profit in the region of £26m, compared to analysts' estimate of £31.2m.
China Should Undertake Market Reforms for Sustainable Growth - OECD
OECD projects China to grow at 8.5% in 2013 and is on track to become the world's biggest economy by 2016.
Volvo's China Dealers Found Falsifying Sales Volume to Gain Incentives
Volvo expects no impact on earnings due to the issue.
China Replaces Japan as Biggest International Market for Hollywood Movies
Britain comes in the third position at the international box office market with ticket sales amounting to $1.7bn in 2012.
Eurotunnel Profit Triples in 2012 on London Olympics Traffic Surge
Eurotunnel Group finds it difficult to achieve passenger traffic surge in 2013 due to absence of big-ticket events.
China Resources' 2012 Profit Surges 31% at $508 Million
China Resources looks to team up with market leaders in the future as the retail sector remains challenging.
Cyprus Extends Bank Closure until Tuesday as it Prepares "Plan B" for Bailout
The new plan is expected to include a levy on bank deposits over €100,000 and nationalising pension funds.
China Manufacturing Picks up in March after New Year Holiday Slowdown
China's manufacturing activity accelerates in March due to an increase in output and new export orders.
Asos Shares Surge 7% on Robust First-Half Sales
Asos bucks the dismal trend in retail sector with 34% rise in first-half sales.
Greggs Full-Year Profit Down 2.2% on Wet Weather and Sector Weakness
Greggs' full-year profit falls to £51.9m despite sales rise as consumer spending remained under pressure.
Osborne's Budget 2013: Almost 50% Believe Chancellor Should be Sacked [VIDEO]
Pre-Budget opinion poll reveals that 44 percent of Britons believe George Osborne should be replaced as Chancellor.
ANA Seeks Cash Compensation from Boeing for Dreamliner Grounding
ANA says it will take a month to fit the new battery systems to its fleet after Boeing gets all regulatory approvals.
Ryanair Places $15.6bn Order for 175 Boeing Aircraft
Ryanair order comes as Boeing suffers battery problems with Dreamliner jets.
European Car Sales Down 10.2% in February
Car sales continued to decline in Europe, despite price cuts by major carmakers.
India Cuts Key Interest Rate to 7.5%, Second Time in 2013 to Revive Growth
India's central bank has lowered the interest rates as expected by economists and the finance ministry.
HSBC Accused of Facilitating Money Laundering and Tax Evasion in Argentina
HSBC is facing criminal charges in Argentina that could lead to substantial fines for the troubled bank.
China Overtakes UK as Fifth-Largest Arms Exporter
China's arms exports surge 162 percent between 2008 and 2012 from previous five-year period, says SIPRI.
High Street Footfall Rises as Consumers Shun Shopping Centres - BRC
The UK high streets enjoy strongest growth since December 2011 while shopping centres suffer decline in footfall.
