More foreign institutions allowed on China’s forex market
BEIJING: China's central bank allowed more overseas central banks and similar institutions to enter the country's inter-bank foreign exchange market...
Rwanda mulls deal with Chinese investors to develop textile industry
KIGALI: The Rwandan government is mulling a joint venture with Chinese investors to establish a garment factory in the capital...
16.97% duty imposed on import of industrial chemical from India
ISLAMABAD: The Commerce Ministry’s National Tariff Commission (NTC) imposed an anti-dumping duty of 16.97 per cent on the import...
Qatar Development Bank, QIB sign new Al Dhameen Programme agreement
DOHA: Qatar Development Bank announced today that Abdulaziz Bin Nasser Al-Khalifa, CEO of Qatar Development Bank (QDB) , and Mr....
Indian rupee depreciated 48% in 5 years
DOHA: Indian rupee depreciated about 5 percent or 87 paise against Qatari riyal last year which was the highest fall...
Nepal keen on routing cargo through Vizag Port
KATHMANDU: A Nepalese trade delegation with Visakhapatnam Port Trust Chairman M.T .Krishna Babu in Visakhapatnam. Steps would be taken to...
Tofail urges India to lift countervailing duty on exports
DHAKA: Commerce Minister Tofail Ahmed has urged the Indian government to withdraw the countervailing duty (CVD) on Bangladeshi exports to...
Oman police foil attempt to smuggle drugs
MUSCAT: Meanwhile, police officers foiled an attempt to smuggle drugs at the Muscat International Airport. Six Asian nationals, including two...
Five Liverpool men held over alleged £480m Spanish cocaine smuggle plot
MADRID: Five Liverpool men were arrested over an alleged plot to smuggle cocaine worth £480m out of northern Spain. These...
Portugal Jan-Oct current account surplus rises 20pc
LISBON: Portugal's current account surplus rose 20 percent in the first 10 months of 2015 from a year earlier to...
UK wheat exports fall in November, still outstrip imports
LONDON: UK wheat exports slowed in November but still outstripped imports for the second consecutive month, customs data showed. Britain...
Finland exports electricity to Russia for first time
HELSINKI: Cheap Nordic electricity has resulted in a reversal of the traditional energy relationship between Finland and its eastern neighbour,...
HSBC: Polish exports to grow 5-6% annualy
WARSAW: By 2030, Polish exports will grow by 5-6 percent yearly, according to Oxford Economics estimates, carried out for HSBC....
Greek exports increase as Euro drops
ATHENS: Greek exports, excluding fuel products, increased by 280.4 million euros in March, recording a 20.7 percent rise compared to...
Amana, Arabic Trader launch new firm in Kuwait
KUWAIT: Amana Capital, a leading Middle Eastern financial services group and Arabic Trader, a leader in financial content and professional...
Afghanistan seeks enhanced trade, transit ties with Tehran
TEHRAN: Afghanistan’s Chief Executive Abdullah Abdullah says his country wants to enhance trade and transit ties with Iran. “Afghanistan...
S. Korea to cut port fees over next 3 years
SEOUL: Amid the backdrop of the global shipping downturn, South Korea’s Ministry of Oceans and Fisheries has decided to hold...
Hong Kong man arrested for smuggling $2.89m out of Taiwan for $2,000 profit
TAIPEI: A Hong Kong man was arrested in Taiwan for attempting to smuggle $12.47 million New Taiwan Dollars (HK$2.89 million)...
Birmingham man jailed over £600k drugs smuggling attempt
BIRMINGHAM: A man has been jailed for more than five years after he was caught smuggling more than £600,000 worth...
US Steel shipments down 12.4% in Nov
NEW YORK: The American Iron and Steel Institute (AISI) has reported today that for the month of November 2015, U.S. ...
