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UK stocks shoot up in early trade, FTSE 100 climbs 1.3%
LONDON: U.K. stocks bounced higher Monday, climbing alongside other European equities on renewed hopes that a standoff between debt-laden Greece...
South korean stocks close 0.4% higher, KOSPI adds 8.20pts
SEOUL: South Korean stocks closed 0.4 percent higher on Monday as investors' concerns over the Greek debt issue weakened, analysts...
Titan 30 times slower than Earth due to longer length of Titan’s year
NEW YORK: Saturn’s moon Titan is the only body in the solar system known to have lakes and seas on...
Singapore stocks close 0.4% stronger, STI soars 14.17pts
SINGAPORE: Singapore shares closed 0.4 per cent higher on Monday, with the Straits Times Index up 14.17 points to 3,315.13...
ADB predicts Asia GDP growth at 6%
QINGDAO: The Asian Development Bank estimates the overall GDP growth of Asian countries for 2015 will be around 6 percent,...
India Reserve Bank to issue gold bonds to curb imports
NEW DELHI: India plans to issue gold bonds to curb imports by the world’s second-largest consumer of the metal, whose...
Indian potato exports drop 40% during Ramadan
NEW DELHI: According to Mr Gopi Nath, owner of Nicola Foods, a company devoted to the export and trade of...
China fiscal revenue jumps 5% to $234.6b in May
BEIJING: China's fiscal revenue rose 5 percent year on year to reach 1.44 trillion yuan (234.6 billion US dollars) in...
Brazilian meat exports hit 18.1% last month
BRAZIL: Surveys conducted by the Brazilian Association of Animal Protein (ABPA) show that Brazilian pork exports grew 18.1 per cent...
Honduran to produce 6.11m beans bags for exports
TEGUCIGALPA: Honduran coffee production, and exports, will hit a record high in 2015-16 as Central America's top bean grower reaps...
FBR barred from taking action against Ayyan Ali: report
ISLAMABAD: The top tax authority has been barred from taking legal action against money laundering scandal-hit supermodel Ayyan Ali, however,...
Springfield to convert 2 more OBOs to VLCCs in Oman
ATHENS: Onassis-controlled Springfield Shipping is to convert two oil-bulk-ore (OBO) carriers to VLCCs at Oman Drydock Company (ODC), Oman. The...
Shreyas Shipping buys small containership from OEL worth of €7m
ATHENS: Shreyas Shipping & Logistics has signed a memorandum of understanding to acquire a sub-panamax containership from UAE-based Orient Express...
Vietnam to promote coal exports to raise domestic production
HANOI: Vietnam’s Ministry of Industry and Trade (MoIT) is proposing the government to promote coal exports amid increasing domestic production,...
Fred Cheng’s Shinyo International buys 5 VLCCs worth of €326m
ATHENS: Fred Cheng’s Shinyo International has bought five VLCCs for a combined $326m, brokers told Splash today. All the deals...
Ethiopia signs $120m technology agreement with China
ADDIS ABABA: Ethiopia has signed a $120 million-agreement with China Electric Power Equipment and Technology for the firm to construct...
Australia ‘Leisure travel’ record 6.8m spend hits $31bn
CANBERRA: ‘Leisure travel’ is still the main driving force behind the record 6.4m (+8%) international arrivals into Australia last year,...
Taiwan petrochemical exports fall on y/y in April
TAIPEI: Taiwan’s exports of most key petrochemical products in April fell on a year-on-year basis, tracking overall declines in overseas...
Jaguar latest technology allows cars to read driver’s mind, health and predict their actions
LONDON: Jaguar Land Rover will introduce technology that allows cars to read driver's mind, health and predict their actions. They're...
Apple iOS 9 comes with excellent features
NEW YORK: Apple’s new iOS 9 brings many changes, especially new features, enhanced multitasking for iPad and UI improvements. In...
