Turkey earns $144b in overseas sales in 2015
ANKARA: Turkey earned $144 billion in overseas sales in 2015, a decline of 8.7 percent when compared to the export...
Indonesia inflation drops to lowest rate in 5 years
JAKARTA: Annual inflation has fallen to the lowest rate in five years, as consumer prices last year increased by just...
Argentina’s crop exports surge $2 bln in last 3 weeks
BUENOS AIRES: Argentina’s crop exports surged $2 billion in the last three weeks of the year after restrictions were scrapped...
Commerce sector wants to create fund to boost India’s shrinking exports
NEW DELHI: The commerce department wants to create a fund aimed at boosting India's shrinking exports, proposing a financing mechanism...
FIA arrests CEO, two directors of AKD Securities in Rs290m fraud case
KARACHI: The Federal Investigation Agency (FIA) has raided the office of AKD Securities and arrested two of its directors and...
Indonesia big coal miners plan to rise production in 2016
JAKARTA: The country’s major coal miners plan to further boost production in 2016 although analysts estimate that an oversupply in...
Myanmar grants import licences for 1,870,000 tons of fuel, diesel
NAYPYIDAW: In the first nine months of the 2015-2016 fiscal year, Myanmar granted import licences for over 1,870,000 tonnes of...
Import ban increases hog breeding in Russia
MOSCOW: Hog farmers in Russia are producing so much pork that they are selling it overseas just three years after...
Kenya Revenue Authority sue to block new imports rule
NAIROBI: The Kenya Revenue Authority has been sued over a new directive that requires importers to acquire a certificate of...
Caixin China manufacturing PMI edges down by 48.2 in Dec
BEIJING: The Caixin General China Manufacturing Purchasing Managers' Index (PMI), an indicator of manufacturing activity, edged down to 48.2 in...
China’s express deliveries booming in 2015
BEIJING: China's express delivery sector has grown steadily in 2015 despite a slowing economy, data showed on Monday. In 2015,...
China’s IPO fundraising to hit $40b in 2016
BEIJING: Fundraising by China's new IPOs in 2016 is estimated to hit 250 billion yuan ($40 billion) to 300 billion...
Yuan falls after reference rate cut
BEIJING: The yuan fell again yesterday after China’s central bank set the reference rate at the lowest since May 2011...
World Bank lauds govt’s reform policy
ISLAMABAD: The successful implementation of difficult but much needed reforms by the government has improved the image of the country...
Samsung expects poor business state in 2016
SEOUL: South Korean tech giant Samsung Electronics Co said it expects a difficult business environment in 2016 due to weak...
UAE imports 412,400 cu m of softwood
ABU DHABI: UAE imported approximately 412,400 cu m of softwood lumber from main European and North American exporters between January...
Auto sales in S.Korea hits 19-year high in 2015
SEOUL: Auto sales in the South Korean market by five domestic carmakers hit the highest in 19 years in 2015...
S.Korea posts longest current account surplus for 45 months
SEOUL: South Korea's economy posted the longest current surplus for 45 months in a row due to faster fall in...
Italian pork imports fall in first 9 months of 2015
ITALY: Italy imported slightly less fresh and frozen pork, year-on-year, in the first nine months 2015 but increased its intake...
British manufacturing PMI downs to 51.9 in Dec
LONDON: The British manufacturing Purchasing Manager Index (PMI), a gauge of industry activities, registered 51.9 in December 2015, down from...
