Hungary’s trade promotion agency helps 1.4 billion euros worth of projects last year
BUDAPEST: Hungary’s trade promotion agency, the HIPA, was involved in the launch of 67 investment projects last year, with a...
Copenhagen to drop all fossil fuel investments
COPENHAGEN: The Copenhagen City Council is expected to approve a proposal here the other day to divest its investment fund...
Spain: world’s second largest melon exporter
MADRID: Spain has no real match in the melon market, since almost 90 percent of its sales are made in...
Banks exchange 1000s of credit cards after hack attack
BERLIN: Several large German banks have had to exchange thousands of customers’ credit cards after details were stolen in a...
Sri Lanka’s footwear, leather exports in 2015 increased to $110m
COLOMBO: Minister of Industry and Commerce Rishad Bathiudeen said " Sri Lanka's footwear and leather exports in 2015 increased to...
New home construction falls 38% in fourth quarter
TAIPEI: New home construction totaled NT$178.5 billion (US$5.33 billion) in the final quarter of last year, shrinking 38 percent from...
Sasol seeks to fuel performance in Africa
CAPE TOWN: Sasol has held discussions with various entities in Africa outside of SA on the long-term potential for a...
Oil and gas capex drops 26%; BofA Merril Lynch projects another 10% cut in 2016
DOHA: Global oil and gas capital expenditures (Capex) dropped by 26 percent in 2015, and is expected another round of...
Malaysia’s total trade expected to expand at faster rate
KUALA LUMPUR: The Government expects the country’s total trade numbers to expand 2% this year, faster than the 1.2% growth...
ABK announces operating profits of KD 87.3 million
KUWAIT: Al Ahli Bank of Kuwait (ABK) yesterday announced Operating Profits of KD 87.3 million for 2015, up 5.8% from...
HK Customs nabs Spanish man for smuggling European eels
HONG KONG: A Spanish man was caught trying to smuggle European eels, an endangered species, at the Hong Kong airport...
Singtel Q3 profit slips 1.7% amid currency conversion losses
SINGAPORE - Singtel posted a 1.7 per cent drop in net profit to S$954 million in the third quarter, on...
Chinese investors bid $1.2bn for Norwegian software-maker, FT says
OSLO: A Chinese investment consortium is offering $1.2 billion for Norway's Opera Software, which provides services for apps and web...
China’s home loans increase in 2015
BEIJING: China's outstanding home loans for individual purchase continued to rise in 2015, the People's Bank of China (PBOC) said...
Decline of land sales adds pressure on local governments: Fitch
BEIJING: The fiscal performance of China's local governments could be pressed by the decline of land sales, a Fitch Ratings...
Sweden’s central bank cuts negative interest rate further
STOCKHOLM: The Swedish central bank on Thursday sent its key repo interest rate into further negative territory as it said...
World Bank to help Serbia in transition to digital economy
BELGRADE: World Bank is ready to help Serbian economy to develop through implementation of new technologies, said Tony Verheijen, World...
EU overall employment rate reaches pre-crisis level in Q3 2015
BRUSSELS: Employment and activity rates have continued to increase in the European Union (EU), and in the third quarter of...
Philippines Customs seizes smuggled Peking ducks in Batangas
MANILA: Alert operatives of the Customs Intelligence and Investigation Service (CIIS) in the Port of Batangas have seized millions of...
Chinese customs rejects fewer wines in 2015
BEIJING: Fewer imported wines were rejected by Chinese customs in 2015 amid strong growth in wine import, shows official figures....
