Malaysia’s Axiata buys Nepal’s Ncell for RM5.67bil
PETALING JAYA: While companies are holding tight to cash, Axiata Group Bhd is going against the grain with the purchase...
DBS beats estimates with 20% rise in Q4 earnings
SINGAPORE: Singapore's biggest lender DBS Group Holdings reported strong earnings growth for the fourth quarter as interest income surged on...
Taiwan iron ore imports fall 20%
LONDON: The trade statistics released by the Taiwan’s Directorate General of Customs for the month of November 2015 indicates sharp...
Beijing’s 2015 tourism revenue hits 460 billion yuan
BEIJING: Beijing's tourism revenue in 2015 reached 460.7 billion yuan ($71 billion), a tourism official said here the other day....
China’s machinery industry cools in 2015
BEIJING: The machinery industry in China is facing tough times as investment has slowed, but structural changes may offer a...
Three Deputy Commissioners-IR assume charge
ISLAMABAD: Three Inland Revenue Service officers of BS-18 have relinquished/assumed charge as Deputy Commissioners in different cities. Shahid Safdar assumed...
Spanish judge rules 6 ICBC execs to be detained
MADRID: A Spanish judge has ruled that six executives of China’s state-owned ICBC bank in Madrid should be detained pending...
Eurozone may not be ready for new storm in financial markets
BRUSSELS: Distracted by an unresolved migration crisis and negotiations on keeping Britain in the European Union, eurozone leaders could be...
Economists warn of recession in U.S.
WASHINGTON: A very possible recession within the next three years would take place in the United States, economists warned Saturday...
Zimbabwe to import electricity from Zambia
HARARE: Power utility Zesa Holdings (Zesa) is set to import electricity from Zambian company, Nusenfwa from August to address power...
ZTE announces accord with top Spanish football team
MADRID: Chinese telecommunications company ZTE on Sunday announced it has signed a contract with top Spanish football team, Sevilla to...
Grain millers oppose South African corn-import tariff review
CAPE TOWN: South Africa’s grain-milling body is opposing a request by the nation’s biggest corn-farmers’ lobby to review a tariff...
Punjab govt striving to promote fish industry
BAHAWALPUR: The Punjab government is striving to promote fish industry as a fish processing zone is being established in South...
Beijing appoints new Macau customs chief
HONG KONG: The central government has appointed a new customs chief in Macau following the suicide of his predecessor, who...
Volume of snack foods import into Korea doubles
SEOUL: The volume of snack foods imported into Korea almost doubled over the past 10 years. The Ministry of Food...
Vietnam steel firms seek temporary import tax
HANOI: Some steel companies want the Ministry of Industry and Trade to put up temporary barriers like higher import tax...
China’s Jan diesel exports at 730,000 tonnes -customs
BEIJING: China exported 730,000 tonnes of diesel fuel in January, the country's General Administration of Customs said on Sunday, down...
Jordan’s Imports, exports fall in 2015
AMMAN: Jordan’s total exports during 2015 amounted to around JD5.558 billion, recording a 6.6 per cent drop from 2014, the...
Samsung launches Galaxy S7, S7 Edge
BARCELONA: At least Samsung has officially unveiled its latest handsets Galaxy S7 and S7 Edge phone at Mobile World Congress...
U.S. exports of distiller’s grains set new record in 2015
WASHINGTON: U.S. exports of distillers grains (DG) — a co-product of dry mill ethanol production — set a new record...
