US presidential candidate Donald Trump has pledged to bring long lost American manufacturing jobs back from China. But he may be too late -- even for products that bear his family name.

A Chinese company that makes shoes for his daughter's fashion line is moving production to Africa, where labour is much cheaper.

Sri Lanka's cash-strapped national carrier said Wednesday it will pay a penalty for canceling leases on four Airbus A350s, with official sources putting the figure at about $115 million.

British Prime Minister Theresa May said Wednesday she wanted a Brexit deal which offered "maximum freedom" to operate in Europe's single market but also emphasized she wanted control over immigration.

Britain's shock decision to leave the European Union will not be as damaging to developing Asia's economies as feared, the World Bank said Tuesday as it increased its growth forecast for the region this year.

Countries in the Mekong region led by Myanmar are projected to expand at the fastest pace in the next three years, the bank said in an updated report on East Asia and the Pacific, though Thailand was projected to be a laggard.

Diamonds glitter in the display cases of Saddam al-Yafae's shop, but the business has lost its sparkle.

Gold sank Tuesday to the lowest level since the shock Brexit referendum result, taking its cue from the strong dollar -- which climbed on the prospect of rising U.S. interest rates. 

Former IMF chief Rodrigo Rato said Tuesday that using the funds of banks he headed up for personal use was "completely legal," as he took the stand in a trial for embezzlement.

The IMF raised its growth forecast for the eurozone on Tuesday, but warned of uncertainty due to the still unknown consequences of Brexit and damage caused by low inflation.

The Middle East and North Africa region is facing challenging times because of lower oil prices, the fallout from regional tensions and civil conflict, the International Monetary Fund said Tuesday.

China's dependence on debt is growing at a "dangerous pace" and it must act to head off a brewing crisis in the world's second largest economy, the IMF warned Tuesday.