Amundi 4Q inflows hit $16bn as profit slips
PARIS: Amundi SA, France’s largest fund manager, said it had 14.1 billion euros (US$16 billion) of net inflows in the...
Taiwan’s economy deteriorating: Ifo
TAIPEI: Taiwan’s economy is deteriorating this quarter compared with last quarter, as private investment and consumption showed further weakness, according...
Pakistan beef export to UAE rises by 24 percent
ISLAMABAD: The export of beef to United Arab Emirates (UAE) has reached US $ 43.61 million during 2014-15, registering 24...
Lankan stocks end lower on global woes, rising rates
COLOMBO: Sri Lankan shares edged down for the fifth straight session yesterday to close at a more than three-week low,...
INKA gets loan to export railway cars
JAKARTA: The Indonesian Export Financing Agency (LPEI), also known as Indonesia Eximbank, has signed a loan agreement with state-owned train...
Qatar’s private consumption to increase on stable spending: QNB report
DOHA: Qatar’s investments as a share of its gross domestic product (GDP) rose to 39.6 percent in Q2 2015 from...
NAB arrests ex-DHA City project director in Rs 16b land scam
LAHORE: National Accountability Bureau (NAB) has arrested former project director of DHA City for his alleged involvement in Rs 16...
Kuwait inflation eases to 3.0% in December
KUWAIT: Inflation in consumer prices eased for the third consecutive month in December as price growth in most major components...
HK Customs seizes drugs worth HK$10m in New Year haul
HONG KONG: Nearly HK$10 million-worth of illegal drugs have been seized in a Lunar New Year crackdown by Hong Kong...
Azerbaijan bans import of livestock from Georgia
BAKU: Azerbaijan has temporarily banned imports of livestock and animal products from several regions of Georgia due to the fact...
South Korea’s exports to Iran rise to $4.14 bln in 2014
SEOUL: The South Korean government has promised to provide financial support to companies willing to invest in Iran which is...
PM announces zero-rated tax regime for export sector from July 1
ISLAMABAD: Prime Minister Nawaz Sharif has accepted the business leaders’ proposal of zero-rated sales tax regime for export sector and...
Germany posts ‘solid’ growth at 2015 end
FRANKFURT: Robust domestic demand enabled the German economy, Europe's biggest, to shrug off external headwinds and notch up "solid and...
CEO loses $33m claim against UBS
GENEVA: A private wealth client has failed in his $33 million High Court claim against Swiss banking giant UBS for...
Indian Railway Finance Corporation gets Rs 3,500 crore more tax free bond limit
NEW DELHI: Indian Railway Finance Corporation (IRFC) — the finance arm of Indian Railways — has been allocated an additional...
Courts Asia net profit holds steady at $4m
SINGAPORE: Earnings at electronics retailer Courts Asia Limited grew 0.3 per cent in the third quarter compared with the same...
India’s Department of Commerce prepares strategy to boost shipments to Africa
NEW DELHI: India's Department of Commerce has prepared a strategy to boost shipments to Africa amid concerns over declining exports,...
FBR, traders, tax bars announce to make tax amnesty scheme a success
LAHORE: Federal Board of Revenue (FBR), tax bars and traders bodies have announced make the Voluntary Tax Compliance Scheme a...
OPEC producer Iran cut heavy crude price for export
TEHRAN: OPEC producer Iran has cut its Heavy crude price for export to the Mediterranean by a larger extent compared...
EU hits China with new steel anti-dumping probes
COPENHAGEN: The European Union yesterday began new investigations into imports of Chinese steel, warning that it would not allow “unfair...
