Australian shares end 0.6% higher
SYDNEY: Australian shares ended 0.6 per cent higher on Friday in see-saw trade, after the Bank of Japan unexpectedly slashed...
Swiss firms seeking business opportunities in Pakistan: Roger M. Kull
ISLAMABAD: Many big Swiss companies were doing successful business in various sectors of Pakistan’s economy and more were interested to...
Bank of Japan sends interest rates negative
TOKYO: The Bank of Japan has shocked global markets by driving its official interest rates into negative territory. In a...
Brazil seeks free auto trade with Argentina
BRASÍLIA: Brazilian government will propose the full liberalization of vehicle trade with Argentina from July, newspaper Valor Econômico reported on...
S. Korea’s industrial production rise 1.2% in Dec
SEOUL: South Korea's industrial production rose 1.2 percent in December from a month earlier, posting the first rebound in three...
S. Korea luxury car sales increase 52% in last year
SEOUL: Sales of luxury cars priced over 100 million won topped the 20,000 mark last year for the first time...
Blueberry exports to Japan decrease in recent years
PORTLAND: Blueberry exports to Japan, a major destination for the crop, have decreased in recent years but experts aren’t alarmed...
Algeria sugar import bill down in 2015
ALGIERS: Sugar imports (raw beet, sugar cane, lactose and solid lactose syrup) fell to USD 714.76 million in 2015 against...
80% of Dutch firms are now one-man companies
AMSTERDAM: There are now over 1.5 million companies in the Netherlands but 1.2 million of them have no more than...
Canada closely monitoring country’s military exports
OTTAWA: Canada’s foreign ministry is closely monitoring all of the country’s military exports, but won’t revisit the controversial decision to...
Turkey’s foreign trade deficit decreases 27.4% in Dec 2015
ANKARA: Turkey's foreign trade deficit decreased by 27.4 percent to $6.183 billion in December 2015 from $8.519 billion in the...
Flour millers ask Govt to scrap 25% import duty on wheat
PUNE: Flour millers have asked the government to scrap the 25% import duty on wheat from April due to worries...
India’s Bharti Airtel posts 22.2% fall in profit
MUMBAI: Bharti Airtel Ltd, India's largest telecom operator, posted a 22.2 percent fall in profit in its latest quarter, missing...
Greece, Israel and Cyprus to explore gas pipeline to Europe
ATHENS: Greece, Israel and Cyprus will explore the possibility of building a natural gas pipeline to Europe, tapping huge gas...
Iran to purchase 118 Airbus planes & set up joint venture with France’s PSA Peugeot Citroen
PARIS: Iran will buy 73 long-haul and 45 medium-haul Airbus passenger planes and set up a joint venture with French...
Saudi Arabia set to spend through oil crash to sustain output
RIYADH: The world’s biggest oil exporter will continue spending through the through the energy price crash to prop up output. Saudi...
ExxonMobil lawsuit against Russia to be heard in 2017
MOSCOW: Court hearings on ExxonMobil's lawsuit against Russia will take place no earlier than spring 2017. The US oil giant...
New Zealand imports rise to record high last year
WELLINGTON: New Zealand imports rose to a record high last year as a decline in the value of the currency...
US Customs confiscates 76 pounds of marijuana
DETROIT: U.S. Customs and Border Protection (CBP) Office of Field Operations (OFO) officers at the Fort Street Cargo Facility in...
US Customs seizes meth worth $439k
SAN CLEMENTE: Border Patrol agents working at the U.S. Border Patrol Checkpoint in San Clemente seized more than 38 pounds...
