Nepal Stock Exchange market increase 14.25 points
KATHMANDU: Nepal Stock Exchange (Nepse) on Thursday posted a double-digit growth of 14.25 points to close at 1,164.14 points. Stockbrokers attributed...
Export of soybean meal falls 97% in Dec 2015
KATHMANDU: Export of soybean meal (mostly used as animal feed abroad) plummeted by 97 per cent to 5,667 tonnes in...
Oil prices to hit GCC sukuk market
DOHA: The global market for sukuk will remain at below-peak levels in 2016, Standard & Poor’s said yesterday. The ratings...
Sri Lanka heading towards a debt crisis
COLOMBO: Sri Lanka is likely heading down the path of a foreign debt crisis, which the country’s foreign reserves cannot...
Ukraine Govt passes legislation to reduce gas production tax
KIEV: JKX Oil & Gas said on Thursday that the Ukraine government has passed legislation to reduce the gas production...
Philippines police seize shabu worth P6 million
ILOILO CITY: Police arrested two suspected drug smugglers on Wednesday, and seized substance believed to be shabu (methamphetamine hydrochloride) worth...
Oil prices recover by 2% to $34.72 from 12-yr low
BEIJING: The oil prices in the international market Friday surged by more than two per cent after hike in China...
State Bank injects Rs334.95 billion into banking system
KARACHI: The central bank has injected Rs334.95 billion into the banking system to streamline the liquidity requirement. According to a...
Taiwan’s Grand Mayfull eyes NT$1.2bn revenue
TAIPEI: Grand Mayfull Hotel Taipei, a domestic hotel brand, is to have its soft opening tomorrow and aims to break...
China economic growth forecasts to fall to 6.7% in 2016: World Bank
BEIJING: China's economic growth is forecast to decline to 6.7 percent this year from an estimated 6.9 percent in 2015,...
S. Africa’s business confidence index fall to lowest in 23 years
CAPE TOWN: South Africa's business confidence index fell to its lowest in 23 years in December after the sacking of...
Russian economy expected to shrink 0.6% in 2016
MOSCOW: Russian economy expected to shrink 0.6% in 2016. The World Bank predicts that Ukraine's economy in 2016 will grow...
Ukraine wants fourth gas tender amid negotiations by Russia
KIEV: Ukraine’s state-run energy company, Naftogaz, is hoping to launch its fourth tender this quarter for natural gas for the...
China’s forex reserves fall to $3.33t in Dec
BEIJING: China's foreign exchange reserves fell to $3.33 trillion at the end of December, the central bank said Thursday. The...
Zaigham Abbas takes helm as Sialkot Addl Commissioner-IR
ISLAMABAD: Zaigham Abbas, a BS-19 officer of Inland Revenue Service, has assumed the charge of the post of Additional Commissioner-IR,...
Yuan swings prompt Chinese companies to cut dollar debt
BEIJING: The continued depreciation of the yuan has prompted several Chinese companies to take active measures to cut their dollar-denominated...
Coal imports in India fall 34% in Dec 2015
NEW DELHI: Coal imports in India fell 34% in December 2015. It follows a 49% year-on-year decline from the previous...
Guizhou tea export to hit 600 tons in 2015
HONG KONG: The southwestern province of mainland’s Guizhou, which has the most tea plantations in the country, exported almost 600...
BOC Aviation orders 30 A320s for $3b
SINGAPORE: Singapore based aircraft leasing firm BOC Aviation said yesterday that it has ordered 30 Airbus A320 aircraft worth more...
UK house prices leap 9.5% during 2015
LONDON: House prices reached a record high of £208,286 in December after leaping by 9.5pc during 2015, according to Halifax....
