China bans PwC for six months over Evergrande audit
Accountancy giant PwC was banned in China Friday for six months and slapped with a fine of $62.2 million over problems with its audit of beleaguered property company Evergrande.
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Troubled Deutsche Bahn sells logistics unit to Danish group
Troubled German rail operator Deutsche Bahn announced Friday the sale of its logistics unit Schenker to Danish group DSV for 14.3 billion euros ($15.8 billion) to create a freight-forwarding giant.
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Italy busts ring trafficking retro video games from China
Italy's financial police said Friday they have dismantled a ring trafficking counterfeit vintage video game consoles from China containing some of the most popular titles of the 1980s and 90s.
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Japan ranks 7-Eleven owner 'core' industry, complicating takeover
The Japanese finance ministry on Friday designated the parent company of 7-Eleven a "core" industry in a move that could make a takeover by Canadian rival Couche-Tard more difficult.
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Final report clears WADA over China swimmers who failed dope tests
A final report has concluded that the World Anti-Doping Agency (WADA) did not show "favouritism" towards China in the case of 23 Chinese swimmers who were cleared to compete after testing positive for a banned drug.
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China to raise retirement age as demographic crisis looms
China said Friday it would gradually raise its statutory retirement age, as the country grapples with a looming demographic crisis and an older population.
Read moreMost markets rise as traders gear up for Fed rate cut
Asian markets mostly rose Friday while the yen sat around nine-month highs and gold hit a record after another healthy day on Wall Street as investors gear up for an expected US interest rate cut next week.
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Malaysia widens probe into 'horror' care home child abuse
Malaysian police expanded their probe Friday into a major Islamic business organisation with links to a banned sect, after hundreds of children were rescued from alleged abuse at care homes believed to be run by the group.
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Wallabies pair return from injury for All Blacks Tests
Australia's Fraser McReight and Hunter Paisami have returned from injury to make the squad named Friday to play New Zealand next week, as the Wallabies regroup following their thrashing in Argentina.
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Lakes drying up leave Greeks in despair
Lake Koronia, one of largest in Greece, is shrinking after a prolonged drought and a summer of record-breaking temperatures, leaving behind cracked earth, dead fish and a persistent stench.
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