Australian stocks plummet at noon, S&P 200 skids 53.4pts
PERTH: The Australian sharemarket is substantially softer at noon, hitting its weakest point in nearly a month despite surprisingly...
Customs seizes 20 pounds of cocaine at Philadelphia Airport
NEW YORK: Nearly 20 pounds of cocaine was seized Saturday evening at Philadelphia International Airport after customs officers made a sweep...
Australia citrus export volumes climb 29% in Oct 2015
CANBERRA: Australia’s citrus export industry continues to enjoy a remarkable turnaround in fortunes, with shipments for 2015 expanding by almost...
Govt plans to increase revenue next year
AMMAN: The government on Sunday submitted to the Lower House the draft 2016 general budget law in addition to the...
Chinese woman losses $4,352 to fake Customs officer
BEIJING: A Shenzhen woman was cheated out of 28,000 yuan (US$4,352) by a man who pretended to be a Customs...
Chinese Customs seizes infringing goods worth RMB70,000
QINGDAO: Recently, the Post Office stationed by Qingdao Customs District successively seized three batches of commodities suspected of intellectual property...
Malaysia’s palm oil exports drop 12.4% in Nov 2015
HONG KONG: Malaysia's palm-oil exports in November fell 12.4% from a month ago to 1.50 million metric tons, the Malaysian...
Brazilian mining giant sells four mega freighters to China for $423m
RIO DE JANEIRO: Brazil's cash-strapped mining giant Vale has sold four mega freighters to a Chinese consortium for 423 million...
Some migratory birds could go extinct, study
HONG KONG: A new study has shed light on how inadequate and uncoordinated conservation efforts coupled with habitat loss could...
Brazil’s coffee exports increase demand in 2015
SAO PAULO: Brazil's 2015 coffee exports could surpass the 2014 record after demand increased due to a weaker local currency,...
Kenya imports from US down 80% in Q1
NAIROBI: KENYA’s imports from the US fell by 80.76 per cent during first quarter of the current financial year, which...
South Korean stocks trade 0.11% lower by midday
SEOUL: South Korean stocks traded 0.11 percent lower late Thursday morning as downbeat oil prices weighed heavily on the market....
Germany exports fall by 1.2% in Oct
BERLIN: German exports fell in October month-on-month due to the weakening overseas demand, official data showed on Wednesday. German exports...
Saudi Arabia plans to increase SAR95,300 GDP per capital
RIYADH: Saudi Arabia plans to increase GDP per capita to SAR95,300 in its current five-year economic development plan, which runs...
Salalah Port to link with national railway
MUSCAT: Port of Salalah, the Sultanate’s premier transhipment and logistics hub on the Indian Ocean, is collaborating with Oman Rail...
Lack of milling capacity: Cambodia fails to achieve 1-million-ton rice export
PHNOM PENH: Cambodian Prime Minister Hun Sen said Thursday that the country failed to achieve its self-imposed target of exporting...
Adani Port, APSEZ to construct int’l container transshipment port at Vizhinjam
NEW DELHI: Adani Ports and Special Economic Zones Ltd (APSEZ), India’s biggest private port operator, on Saturday started construction of...
China to cut import tariffs on 800 products from Jan 1
BEIJING: China will cut import tariffs on nearly 800 items from January 1 next year, the Ministry of Finance said...
China’s steel exports soar to over 100m tons in 2015
BEIJING: China’s steel exports have hit a record level this year at over 100m tonnes, illustrating how the country is...
Dow, DuPont eye merger to create $120b firm
BEIJING: Dow Chemical Co and DuPont are in talks to merge, creating a chemicals giant with a market value of...
