Denmark’s GDP grows 1.2% in 2015
COPENHAGEN: Denmark's gross domestic product (GDP) rose 1.2 percent in 2015 year on year, less than previous predictions, official data...
China’s non-manufacturing PMI continues to slip
BEIJING: China's service sector activity continued to slip in February, official data showed on Tuesday. The purchasing managers' index (PMI)...
China creates 13.12 mln new jobs in 2015
BEIJING: More than 13.12 million new jobs were generated for urban residents in China in 2015, a senior government official...
China’s manufacturing, service activities both contract
BEIJING: China's manufacturing activity contracted for a seventh straight month in February, in a sign of persistent economic weakness, official...
Alibaba’s Internet lender extends $6.88b in loans in 8 months
BEIJING: An Alibaba-backed private lender said here the other day that its focus on providing financial services to clients who...
Pak-Russia private sector should play role to boost bilateral trade: Dedov
FAISALABAD: The trade relations between Pakistan and Russia are growing satisfactorily at the government level and a huge investment of...
LCCI-COPHC hold seminar on Gwadar port
LAHORE: A seminar on “Gwadar - A deep sea port exploring global opportunities” held here at the Lahore Chamber of...
Taiwan handset shipments set to drop in 2016
LONDON: Total handset shipments by Taiwan-based brand vendors and ODMs are expected to decline 13.3% on quarter and 11.4% on...
B.C. factory shipments rebound in Dec
WASHINGTON: B.C. manufacturing rebounded in December, suggesting an end to the softer range-bound pattern seen since April. Factory shipments reached...
Bangladesh prepares to purchase electricity on India’s open energy market
DHAKA: Bangladesh is preparing to purchase electricity on India’s open energy market in a bid to mitigate the country’s power...
Poland’s second-largest energy firm Tauron issues $562 mln in bonds
WARSAW: Poland's second-largest energy firm state-run Tauron Polska Energia issued bonds worth 2.25 billion zlotys ($562.42 million) to re-finance debt,...
Turkish exports rise for first time in 14 months
ANKARA: Turkey’s exports increased slightly in February compared to the same month last year, after 14 straight months of decline,...
Ukraine slashes apple imports in January
KIEV: In January 2016, Ukraine cut its apple imports by more than half compared to the same month of the...
Finland’s GDP increase slightly in Q4 last year
HELSINKI: The volume of Finland’s gross domestic product increased in October to December by 0.1 per cent from the previous...
Finnish exports to Russia decline 33% in 2015
HELSINKI: Finnish exports to Russia declined by approximately a third in 2015, according to the Finnish Customs foreign trade statistics. The...
Belarus reduces oil export duties
MINSK: Belarus reduced export duties on oil and oil products exported outside the customs territory of the Eurasian Economic Union...
Vietnam finance ministry clarifies tax rate
HANOI: The Ministry of Finance said a bad translation claiming that the tax-rate-to-profit ratio in Viet Nam was high, accounting...
Dubai gold prices up Dh22 per gram
DUBAI: Those who bought gold jewellery in Dubai about three months ago or last year may have reason to rejoice,...
Italy’s unemployment rate fall slightly in Jan
ROME: Italy’s unemployment rate fell slightly in January as job creation was aided by tax breaks to reward employers hiring...
KRA officers foil narcotics export bid at JKIA
LONDON: A KRA team on Monday morning foiled a drug trafficker's attempt to mail a package loaded with a narcotic...
