Taiwan investors suffer average loss of NT$250,000
TAIPEI: Equity investors in Taiwan suffered average losses of about NT$250,000 (US$7,560) last year, as the benchmark index fell more...
Services deficit plunges 45% in July-Nov
WASHINGTON: Services balance posted a significant improvement during the initial months of the current fiscal year supported by arrival of...
Iran may export 3,000MW electricity to Pakistan
Tehran: Iran can become a major energy exporter for Pakistan which can get up to 3,000MW of electricity from its...
China’s online P2P platforms shoot up 288.6% in 2015
SHENZHEN: Lending transactions via China's peer-to-peer (P2P) platforms reached 982.3 billion yuan (about 151 bln U.S. dollars) in 2015, up...
Business delegation from China’s due in Zimbabwe next week
HARARE: A business delegation from China’s Qingdao province is due in Zimbabwe next week on a mission to explore investment...
Shanghai’s FDI rises by 86% to $58.9bn in 2015
SHANGHAI: Shanghai’s contracted foreign direct investment shot to US$58.9 billion last year, up 86 percent on an annual basis to...
China economy stabilized in Dec
BEIJING: China’s economy may have stabilized further in December as both manufacturing and services activities improved, two surveys showed yesterday....
Tea export sector sees rise in volume, prices
MUMBAI: Tea export sector finally has a reason to cheer about in 2016 with export volume and prices showing a...
China spent $126bn on rail projects in 2015
BEIJING - Investment in China's railways in 2015 is still growing despite an economic slowdown. China spent 820 billion yuan...
Nubia to receive $297m cash investment from Suning
BEIJING: Chinese smartphone maker Nubia Technology Ltd, a subsidiary of ZTE Corporation, announced here the other day a proposal to...
CREC inks deal to invest in future transport hub of Malaysian capital
KUALA LUMPUR: China Railway Engineering Corporation (CREC) signed an agreement to invest in Bandar Malaysia here the other day, a...
Venezuela’s oil company delays natural gas exports to Colombia
BOGOTÁ: Venezuela’s state oil company is temporarily halting natural-gas exports across the border to Colombia, citing climate factors and the...
Housing prices in Chinese cities continued rise in Dec
BEIJING: The average housing price in 100 benchmark Chinese cities grew by almost one percent month-on-month in December, marking the...
S.Korea’s trade surplus hits $90bn in 2015
SEOUL: South Korea's trade surplus hit a record high of more than 90 billion U.S. dollars in 2015 thanks to...
Russia imposes ban on imports of agricultural produce from Ukraine
MOSCOW: Russia imposed a ban on the imports of agricultural produce, raw foods, and foodstuffs from Ukraine as of January...
India’s DRI seizes foreign cigarettes worth Rs 150 million
NEW DELHI: Directorate of Revenue Intelligence (DRI) officials seized 1.52 crore foreign cigarettes worth over Rs 15 crore from a...
India excise seizes smuggled liquor worth Rs 100K
PUNE: The excise department in Pune has seized smuggled liquor worth Rs 54,000 while it was being transported illegally on...
UK authorities seize fake goods worth £100k
LONDON: Fake goods worth a street value of £100,000 were seized after police and Trading Standards officers swooped on a...
Indian police nab driver for smuggling bovines
RAMBAN: Police arrested a driver for smuggling 8 bovine animals to Valley. As per police sources, on specific information, a...
Vietnam court sentences jail to 4 for smuggling luxury cars
HO CHI MINH: A Ho Chi Minh City court sentenced an immigration officer and three people to 9-16 years in...
