SECP starts 38 show-cause proceedings against different firms
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has started 38 show-cause proceedings against companies, their auditors and directors...
Banks urged to speed up pace of credit expansion in KP
PESHAWAR: Keeping changes in business conditions in Khyber Pakhtunkhwa, State Bank of Pakistan (SBP) Governor Ashraf Mahmood Wathra has asked...
Kuwait Customss seizes 1kg marijuana
KUWAIT CITY: Airport customs officers arrested a Nepalese who seemed nervous as soon as he saw customs officers. When his...
Japan to increase ports for calls by cruise liners
TOKYO: The transport ministry said Monday it plans to increase the number of ports that can be visited by large...
Quebec to invest in industrial ports
MONTREAL: The government of Quebec has announced it will invest $300 million into the development of industrial ports in the...
Resale prices of non-landed private homes down 0.3% in Feb from Jan
SINGAPORE: Resale prices of non-landed private homes dipped by 0.3 per cent in February from the month before, SRX Property...
Europe needs ‘TTIP with Russia’ to stay competitive
BRUSSELS: A 'TTIP-like' trade deal with Russia would be crucial for Europe to shift the economic focus towards Europe as...
European nuclear plans in jeopardy as finance chief quits EDF
COPENHAGEN: Plans to build new nuclear stations in Europe have been thrown into disarray after the shock resignation of Thomas...
Norway taps its oil money ‘Piggy Bank’ to cope with economic downturn
OSLO: Norway's government has made its first withdrawal from the country's $826 billion sovereign wealth fund, 20 years after first...
US Customs nabs 12 undocumented Cuban migrants
AGUADILLA: U.S. Customs and Border Protection (CBP) Border Patrol Agents apprehended 12 undocumented Cuban immigrants after landing Saturday in Mona...
US Customs foils attempt to smuggle weapon, drugs and currency
LAREDO: Border Patrol agents from the Laredo Sector Border Patrol thwarted an attempt to smuggle drugs, currency and a weapon...
US Customs seizes meth worth $480,000
EAGLE PASS: U.S. Customs and Border Protection officers at the Eagle Pass Port of Entry arrested a United States citizen...
Macau Customs service to act against smuggling of fakes
MACAU: The customs service will try harder to prevent the smuggling of counterfeit goods into Macau, particularly smuggling through the...
Three vessels transporting smuggled logs seized by authorities
MIRI: The Malaysian Maritime Enforcement Agency (MMEA) has confiscated some 9,000 metric tonnes of timber logs and seized two ships...
SL navy seizes smuggled gold worth Rs. 34.5 million
COLOMBO: Sri Lankan navy has foiled a bid by two people to smuggle 6.94 kilogrammes of gold worth nearly 34.5...
More than 600m illicit cigarettes seized by HMRC in six months
LONDON: More than 600m illicit cigarettes and 137 tonnes of hand-rolling tobacco with a tax value of £232m were seized...
China Customs busts rice-smuggling gangs
BEIJING: Seven gangs suspected of smuggling rice have been busted in southern China, the General Administration of Customs (GAC) said...
China exports fall by 20.6% in Feb
BEIJING: China's exports in yuan-denominated terms slumped 20.6 percent year on year to 821.8 billion yuan ($126.3 billion) in February...
Alibaba bets on lottery firm AGTech with $308m
BEIJING: Alibaba Group Holding Ltd and its financial affiliate are buying a controlling stake in Hong Kong-listed lottery operator AGTech...
Forex assets decline to lowest in over 4 years
BEIJING: China’s foreign exchange reserves fell by US$28.57 billion to US$3.2 trillion in February, the lowest since December 2011, central...
