WASHINGTON: The rate of inflation rose to 17.7 per cent in December to end 2015 up from the 17.6 per...

OSLO: Norway's financial industry regulator should become more transparent when deciding how much capital individual banks must hold, the country's...

AMSTERDAM: The onion market in the United States is struggling with shortages, which are pushing prices up. Because of the...

PARIS: France's government budget deficit at the end of November was 82.8 billion euros ($90.1 billion), down from EUR90.8 billion...

DHAKA: Bangladesh Bank on Thursday announced the reduction in interest rates on repurchase agreement (repo) and reverse repo in its...

HANOI: Vietnam National Coal Mineral Industries Holding Corp., or Vinacomin, plans to produce 39.87 million mt of coal in 2016,...

SINGAPORE: Singapore's exports in December are forecast to have contracted for a second consecutive month, a Reuters poll showed, as...

RIO DE JANEIRO: Brazil's state-led oil company Petroleo Brasileiro SA said on Friday it had canceled plans to sell as...

KUALA LUMPUR: Malaysian palm oil futures fell on Thursday to reverse its morning session of gains as demand for the...

ISLAMABAD: Prime Minister Nawaz Sharif Friday directed fast-track implementation of the Western route of the China Pakistan Economic Corridor (CPEC)....

JAKARTA: Indonesia will allow foreigners to own 100 percent stakes in local e-commerce business and pay a higher income tax...

ISLAMABAD: Pakistan Railways needs 500 more locomotives in next ten years to meet anticipated freight, passenger traffic. This was revealed...

ISLAMABAD: The Securities and Exchange Commission of Pakistan's (SECP) Corporate Supervision Department has concluded adjudication of 48 proceedings against the...

DUBLIN: The Northern Ireland economy will grow by less than 2% in 2016, Danske Bank has predicted. The bank's chief economist...

TOKYO: JFE Steel Galvanizing Indonesia, the wholly-owned local unit of Japanese JFE Steel Corporation, has started production at its steel...

WELLINGTON: Valmec Limited has secured a contract for the supply, installation supervision and commissioning of two gas compressor packages from...

DUBAI: Lifting of economic sanctions on Iran could be a boon for the UAE banks that have close ties with...

KARACHI: The Pakistani rupee Friday lost value against the American currency in open market and remained unchanged in interbank. According...

HONG KONG: Shanghai stocks fell in the first few minutes of trade Friday after clocking up a near two percent...

KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...