Zimbabwe’s annual rate of inflation marginally shed 0.01% points
HARARE: Zimbabwe’s annual rate of inflation marginally shed 0,01 percentage points on the November figure to -2,47 percent as a...
South Korea to import $60m copper annually from Balochistan
SEOUL: South Korea has offered to import copper worth Rs6 billion annually from Balochistan. Ambassador Dr Song Jong-hwan made this...
Peru’s berry exports reach $94.261 mln in 2015
LIMA: Peru's berry exports reached US$94.261 million in 2015, a figure at least three times higher compared to the same...
India’s merchandise exports decline 14.7% in Dec 2015
NEW DELHI: India's merchandise exports continued to decline for the thirteenth straight month at 14.7% to US$ 22.30 billion in...
One year on, ‘Franckenschock’ still hurts Swiss
GENEVA: The Swiss National Bank's (SNB) decision to scrap its cap on the franc against the euro a year ago...
Singapore inflation expectations at lowest in 4 years
SINGAPORE: The inflation expectations of Singaporeans have fallen to a record low due to global and domestic factors, according to...
US Govt agrees to pay Iran $1.7 bln in legal settlement
WASHINGTON: As the Obama administration welcomed the implementation of a major nuclear deal with Iran on Saturday, it also prepared...
India’s vegetable oil imports rise 24.5% in Dec
NEW DELHI: India's vegetable oil imports in December rose 24.5 percent from a year ago to 1.42 million tonnes, a...
France sets arms export contracts record of $17.5b
PARIS: France signed arms export contracts worth some €16 billion (US $17.5 billion) in 2015, with Dassault Aviation, MBDA, DCNS...
Oil dives to below US$28, its lowest since 2003, as Iran sanctions lifted
KUWAIT: Oil prices hit their lowest since 2003 on Monday (Jan 18), as the market braced for a jump in...
Singapore non-oil exports fall 7.2% in Dec
SINGAPORE: Singapore's non-oil domestic exports (NODX) shrank by a worse-than-expected 7.2 per cent in December from a year ago, the...
Turkey’s exports value decline 8.7% in 2015
ANKARA: Turkey’s exports in 2015 showed a decline of 8.7 per cent compared with the previous year, falling to US$144bn,...
China, Algeria ink deal to build mega sea port
BEIJING: Algeria and China on Sunday inked a 3.3-billion-U.S-dollar deal to build and exploit the new center transshipment port of...
Qinhuangdao Port handles record 1m TEUs in 2015
HEBEI: A ship docks at the Qinhuangdao Port yesterday in north China’s Hebei Province. The port posted a record containerized...
China cuts $46b of taxes to aid entrepreneurship and innovation
BEIJING: China cuts more than 300 billion yuan ($46.15 billion) of taxes in 2015 to boost mass entrepreneurship and innovation,...
China to shut down over 1,000 coal mines
BEIJING: China will shut down more than 1,000 coal mines in Guizhou, Yunnan, Heilongjiang and Jiangxi provinces as parts of...
Iran reaches deal with EU group Airbus to buy 114 planes
TEHRAN: Iran has reached a deal with the European consortium Airbus to buy 114 passenger planes once international economic sanctions...
China’s home prices continue to pick up in Dec
BEIJING: China's real estate sector warmed up further in December, with more major cities reporting month-on-month rises in new home...
HK can leverage on experience in infrastructural projects to support AIIB: financial chief
HONG KONG: Hong Kong's Financial Secretary John Tsang said here the other day that Hong Kong can make use of...
Saudi Arabia launches new ICT fund for startup ventures
RIYADH: Saudi Arabia has formally launched a new ICT (information, communication and technology) fund for startup ventures worth SAR500 million...
