WELLINGTON: US space agency NASA is planning to set a record for the longest ever flight for a scientific balloon...

BRASÍLIA: Brazil's GDP fared worse than almost any other major economy in 2015, contracting by 3.8%, according to the national...

TAIPEI: The New Taiwan dollar yesterday touched a two-month high as foreign funds poured into the nation’s stock market amid...

JAKARTA: Amid a high non-performing financing (NPF) ratio, Bank Syariah Mandiri (BSM) has recovered performance, translating to an increase in...

SEOUL: An increase in the number of coal-fired power plants starting operations this year will likely drive record coal demand...

DOHA: Ooredoo Group’s revenue touched QR32.2bn in 2015. The group net profit to Ooredoo shareholders maintained at QR2.1bn in 2015...

KUWAIT CITY, March 3: EQUATE Petrochemical Company, Kuwait’s first international joint-venture in this industry, sponsored the 3rd Research & Innovation...

ABU DHABI: Economic sentiment in the UAE and Saudi Arabia ticked up slightly in February, following a mild recovery in...

COLOMBO: Local digital device manufacturer EWIS Colombo Limited (EWIS) entered into a joint venture with Bangladesh’s Tech Manufacturing Co. Ltd....

TOKYO: Japan’s log export was 691,830 cubic metres, 32.7% more than 2014 and this was the record high number. Lumber...

CALGARY: Despite signs of life in oil prices, companies in Calgary continue to retrench, cutting jobs, shutting in production and...

NEW DELHI: After launching its over-the-top (OTT) services in Malayasia, Hong Kong and Singapore over the past couple of months,...

BEIJING: Sina’s microblogging site Weibo said yesterday that profit in the fourth quarter more than tripled to US$32.9 million. Nasdaq-listed...

BEIJING: China's marine economy generated 6.47 trillion yuan ($989.3 billion) in 2015, 7 percent more than in 2014, government data...

BEIJING: China's consumer goods and services industry will grow by $200 billion by 2020, accounting for about 60 percent of...

MACAO: Due to the continued decline in exports of services, Macao's Gross Domestic Product (GDP) shrank by 20.3 percent in...

PARIS: Jobless rate in France inched down by 0.1 percentage point to 10 percent during the last quarter of 2015...

BERLIN: An investment group controlled by the Beijing municipal government has bought Germany's largest waste management company, EEW, for 1.4...

TEHRAN: Iran still faces constraints on oil exports as buyers are cautious about boosting trade immediately because of banking and...

MOSCOW: Russian polymers importers faced problems with customs clearance at the end of February because of tighter controls on the...