International Customs

AMMAN: Remittances of Jordanian expatriates rose by 3.4 per cent during the first four months of 2015 compared with the...

Jordan’s central bank governor sees 3.8% growth

AMMAN: Jordan’s economy to grow about 3.8 per cent and will meet its IMF-approved target this year. “The economy is...

National project provides 48,000 jobs in Jordan

AMMAN: The Arab Importer and Exporter Union on Tuesday said it has adopted all necessary measures for the implementation of...

Jordan to finance agriculture 6 year projects in ‘poverty pockets’ worth of $11m

AMMAN: A multi-component scheme that targets small-scale farmers in several parts of the Kingdom was launched on Tuesday. In a...

Shell drilling may spur Arctic resource race

AMSTERDAM: Shell will re enter the Chukchi Sea, between Alaska and Russia. The oil and gas major still awaits approval...

Galaxy S6 Edge Iron Man edition launching in Korea first

SEOUL: Samsung Electronics announced that it will take pre-orders for the Galaxy S6 edge Iron Man Limited Edition starting today,...

Netherlands customs recover 65kg cocaine from beans shipment

AMSTERDAM: Customs found two bags containing cocaine during an inspection on the Maasvlakte on Sunday night. A total of about...

Gold smuggling at all-time high, seizures total Rs 1,000cr

NEPAL: For the first time in the history of gold smuggling in India, the seizure in illicit trade has crossed...

German group takes over second-biggest Dutch cheese firm

BRUSSELS: The second biggest cheese company in the Netherlands, dairy cooperative DOC Kaas, is being taken over by German dairy...

Wind power generation in Belgium reached a peak of 530.72 MW

BRUSSELS: Wind power generation in Belgium reached a peak of 530.72 MW at 1745 local time on May 23, surpassing...

Toshiba considers special dividend to make up for no year-end payment

TOKYO: Japanese industrial conglomerate Toshiba Corp is considering paying a special dividend to compensate investors after skipping a year-end payment...

Germany, France & Italy agree to start EU drone program

BERLIN: Germany, France and Italy have agreed to start a European drone program aimed at reducing reliance on US and...

Japan business lobby head urges govt to cut spending

TOKYO: Japan's government should cut healthcare spending to meet fiscal discipline targets and lower the public debt burden, because relying...

NZ heads for lowest wool clip in 6 years

WELLINGTON: New Zealand, the world's largest exporter of crossbred wool, is heading for its smallest annual wool clip in six...

NZ economy to grow at annual 3% through to 2017: NZIER

WELLINGTON: The New Zealand economy is expected to grow at about 3 percent a year out to 2017, driving jobs...

Atlas Iron flags $160m writedown

CANBERRA: Australian mining company Atlas Iron expects to record an impairment charge of roughly $130 million to $160m this fiscal...

Australian mango industry aiming for export boom

CANBERRA: Australia exported a record number of mangoes last season, with over one million trays sent to markets around the...

ANZ’s bid to curb foreign tax exposure

CANBERRA: ANZ, one of Australia’s biggest investors in Asia, is gearing up to launch a fresh campaign for an overhaul...

Vietnam index nearly flat, banks mixed on cbank pledge

HANOI: Vietnam's benchmark VN Index eased 0.09 percent by midday on Wednesday from its highest close in more than five...

Vietnam’s Petrolimex seeks to sell stake to JX Nippon Oil