Canada signs double tax agreement with Taiwan
OTTAWA: Under the deal, the withholding tax rate for dividends will be capped at 15%. A 10% rate will apply...
‘Planet X’ is ninth planet of our solar system, claims astronomer
CALIFORNIA: An astronomer has claimed to have strong evidence for Planet X as our solar system’s ninth planet. The gas...
Turkey targets $155.5bn exports in 2016
ANKARA: Turkish businesses are targeting $155 billion in exports in 2016, an 8 percent increase on last year, the head...
Sri Lanka to resume petroleum imports from Iran
COLOMBO: The Sri Lankan government said on Wednesday that it will begin discussions on trade and petroleum sales with Iran...
World Bank says Japan to enjoy 23% export boost from TPP
TOKYO: A Pacific Rim free trade initiative would give a double-digit boost to exports from Vietnam, Japan and Malaysia by...
India’s polished diamond exports slump 17% in Dec
NEW DELHI: India’s polished diamond exports slumped 17 percent year on year to $1.2 billion in December, according to provisional...
Chile imports 170,300 mln tons of LNG in Nov
SANTIAGO: Chile imported 170,300 mt of LNG in November, up 10.4% from 154,257 mt in November 2014, energy ministry data...
India cautiously optimistic on agri exports to Iran
NEW DELHI: The lifting of economic sanctions on Iran has brightened the prospects of agriculture product exports to that country....
Philippines imports onions from China, India
MANILA: To stabilize prices to meet market demands, the Philippines imported 10.9 tons of red onions and 2.5 tons of...
Human brain has one petabyte, or 1,000,000,000,000,000-byte storage capacity
WASHINGTON: The scientists have revealed that a human brain has a capacity of one petabyte, or 1,000,000,000,000,000 bytes and it...
69 accused held, Rs1.45b recovered: Chief hails NAB Rawalpindi’s performance in 2015
ISLAMABAD: National Accountability Bureau (NAB) Chairman Qamar Zaman Chaudhary has visited the NAB’s Rawalpindi Regional Bureau for annual inspection. The...
Shahbaz lauds Pak-China friendship at business conference
LAHORE: A 100-member Chinese delegation has attended Pakistan-China Business Opportunities Conference, jointly organised by the Lahore Chamber of Commerce &...
Russia’s imports of polycarbonate decrease to 21,500 tons in 2015
MOSCOW: Russia’s imports of polycarbonate (PC) decreased to 21,500 tonnes in 2015, down 38% year on year, according to MRC...
KP NAB arrests owner of exchange company for looting Rs60.08m
PESHAWAR: The National Accountability Bureau (NAB) in Khyber Pakhtunkhwa has arrested the owner of a company for allegedly looting Rs60.08...
Taiwan’s Hon Hai Precision offers $5.3b to buy Sharp Corp
TOKYO: Taiwan's Hon Hai Precision Industry Co has offered 625 billion yen (US$5.3 billion) to buy Sharp Corp and has...
Abbasi reveals govt charging Rs24/litre tax on petrol, Rs39/litre on diesel
ISLAMABAD: Federal Petroleum Minister Shahid Khaqan Abbasi has revealed that the government is charging Rs24.31 per litre tax on petrol...
China’s cotton imports drop to lowest in at least 9 years in 2015
BEIJING: China's cotton imports dropped to their lowest in at least 9 years in 2015, according to Reuters calculations based...
Greece to sell 67% of piraeus port to China’s Cosco for 368.5 mn euros
ATHENS: Greece's privatisation agency announced Wednesday it had accepted a 368.5 million-euro ($402.4 million) bid for 67 percent of the...
Bangladesh Customs arrests man with stun gun, drone at Shah Amanat Int’l Airport
DHAKA: Bangladesh Customs intelligence officials arrested a man with a drone and a stun gun at Shah Amanat International Airport...
Canada’s weapons exports grew 89% under Harper
OTTWA: Canada’s arms exports shot up while Prime Minister Stephen Harper’s Conservative government was in office, fuelled by higher sales...
