Apple’s CEO pay rises 11.5% to $10.3m in 2015
PARIS: Apple Inc Chief Executive Tim Cook’s compensation rose 11.5 percent to US$10.3 million in 2015, the company said on...
UK wholesale natural gas prices ease after recent rally
LONDON: UK wholesale natural gas prices gave up some of the gains of the first two trading sessions of 2016...
China to cut overcapacity, help companies out
TAIYUAN: China will provide full support for the coal and steel sectors, which suffer serious overcapacity, to help them out...
Reserves slip by $264 million to $20.81 billion
KARACHI: The country’s foreign exchange reserves decreased by $264 million to $20.81 billion in the week ended January 1...
Thailand scrap steel imports rebound during Oct 2015
BEIJING: The latest import statistics indicate that the scrap imports by Thailand during October 2015 increased modestly over the previous...
China suspends stock market “circuit breaker”
BEIJING: China announced Thursday night that it will from Friday suspend the stock market "circuit breaker" mechanism that has been...
Japan’s aluminium imports expected to shrink for second year
TOKYO: Japan's aluminium imports are expected to shrink for a second year running in 2016, after buyers skipped or trimmed...
U.S initial jobless claims drop to 277,000
WASHINGTON: The number of Americans initially applying for unemployment aid decreased last week, echoing an healthy job market. In the...
Ireland raises $3.27bn from new bond sale
DUBLIN: Ireland on Thursday raised 3 billion euros (about 3.27 billion U.S. dollars) through the syndicated sale of a new...
US imports of gold jewelry rise to seven-year high in Oct
WASHINGTON: U.S. imports of gold jewelry rose to a seven-year high in October while platinum jewelry imports surged by more...
Enforcement South collected Rs499b in Jul-Dec with 7.5% growth
KARACHI: The Customs Enforcement South collected Rs499 billion revenue during the first half (July-December) of the current 2015-16 fiscal...
Samsung revenue rises by 2.85% to 200.34 trillion won in 2015
SEOUL: Samsung Electronics posted 6.1 trillion won (5.1 billion U.S. dollars) in operating profit for the fourth quarter of last...
Foreign car sales in S. Korea surge 24.2% in 2015
SEOUL: Foreign luxury car sales in South Korea posted a double-digit increase last year despite worries that Volkswagen's emissions scandal...
German retailers see significant revenue growth in 2015
BERLIN: Thanks to a favorable economic situation, German retailers were expected to see a significant increase of revenues in 2015,...
Delhi airport Customs gets trained Labradors to fight drug smuggling
NEW DELHI: In addition to the continuing crackdown on gold smugglers, the customs at Delhi’s Indira Gandhi International Airport (IGIA)...
TCP signs 1m metric ton rice-export contract with Indonesia
ISLAMABAD: The Trading Corporation of Pakistan (TCP) has secured a one million metric ton of rice export agreement worth...
KP CM asks SECP to set up PSX branch in Peshawar
PESHAWAR: Khyber Pakhtunkhwa Chief Minister Pervez Khattak has asked the Securities and Exchange Commission of Pakistan (SECP) to establish...
Malaysia Customs to launch Ops Tracks GST 2016, from Jan 17 to Jan 22
PUTRAJAYA: The Royal Malaysian Customs (Customs) will launch Ops Tracks GST 2016, from Jan 17 to Jan 22, to ensure...
FIA directed to establish ‘database of human traffickers’
ISLAMABAD: With the aim to tighten noose on the human traffickers, the Interior Ministry has directed the Federal Investigation...
Nigeria’s Sokoto Customs seizes N119m contrabands in 4 months
ABUJA: The Sokoto Area Command of the Nigeria Customs Service ( NCS), said it had seized contraband worth over N...
