Record high fiscal deficit possible
BEIJING: Figures released on Friday showed how the slowing economy has taken its toll on China's collection of taxes and...
Turkey imports 3 mln mt of bituminous thermal coal in Dec
ANKARA: Turkey imported 3 million mt of bituminous thermal coal in December, bringing the total volume for 2015 up to...
Fiscal revenue hits lowest yearly growth rate since 1987
BEIJING: China's 2015 fiscal revenue growth fell to a 28-year low of 5.8 percent, the lowest since 1987. General fiscal...
US economy loses pace in Q4 in line with expectations
WASHINGTON: US economic growth braked sharply in the fourth quarter of last year as businesses stepped up efforts to reduce...
Facebook bans gun sales on social network, Instagram
WASHINGTON: Facebook Inc has banned sale of guns on its online social network and its Instagram photo-sharing service. The move...
South Korea imports 100 mln barrels of oil from UAE
ABU DHABI: South Korea is importing about 100 million barrels of crude oil every year from the UAE and the...
Consumption continues to rise in Spain: Bank of Spain
MADRID: Consumption continued to rise in Spain contributing to the country's economic recovery, the economics newspaper Expansion reported on Thursday...
Vietnam’s gasoline imports from South Korea
HANOI: Vietnam's gasoline imports from South Korea could see an increase this year, following a reduction in import duty since...
France to expand growth in 2016 but joblessness still challenges: PM
PARIS: Growth of gross domestic product (GDP) in France, the eurozone's second largest economy, would accelerate this year, but it...
Macedonian industrial production increases 10.5% in Dec.
SKOPJE: The Macedonian State Statistical Office (SSO) on Friday reported industrial production in December 2015 increased by 10.5 percent compared...
India’s Essar imports 96% more Iran oil
NEW DELHI: Essar Oil, the top Indian buyer of Iranian crude, imported 96 percent more oil from Tehran in December...
Mexico’s GDP growth in 2015 up at 2.5%
MEXICO CITY: Mexico's official statistics bureau, the National Institute for Statistics and Geography (Inegi), announced Friday that Mexico had grown...
Latvian retail trade grows 4.9% in 2015
RIGA: Retail trade picked up in Latvia last year, showing a 4.9 percent growth in constant prices compared to 2014,...
Iran drives OPEC oil output to new high
LONDON: OPEC oil production has jumped to its highest in recent history in January as Iran increased sales following the...
Albania’s December exports down 7.7%
TIRANA: Albania's exports fell by 7.7 percent in December 2015 compared with December 2014, official figures showed here the other...
BNN, customs bust alleged international drug smuggling ring
JAKARTA: The National Narcotics Agency (BNN) in cooperation with the Central Java and Yogyakarta customs and excise offices uncovered on...
Thailand’s Govt to buy natural rubber directly from growers
BANGKOK: Thailand’s government will buy natural rubber directly from growers as the world’s largest producer shores up efforts to stem...
$595k of drugs seized in 4-day op
SINGAPORE: It was around 3am on Thursday, "ladies' night" at a nightclub - but the music had stopped and the...
Wildlife smuggling syndicates busted in raid
KUALA LUMPUR: Two animal smuggling syndicates were crippled by the Wildlife and National Parks Department (Perhilitan) which saw the arrests...
South Africa records trade balance surplus in Dec
CAPE TOWN: South Africa recorded a bigger-than-expected trade balance in December from the previous month, but a sharp decline in...
