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South korean won posts biggest decline against US dollar
SEOUL: The South Korean won posted its biggest fall against the dollar in two weeks on Wednesday after the greenback...
Taiwan’s Taishin International Bank to raise NT$6bn
TAIPEI: Taishin International Bank said it plans to raise NT$6 billion (US$195.82 million) from its parent company in September to...
Indian coconut exports up 13.5% in 2015
KOCHI: Export of coconut products from India recorded an increase of 13.5 percent in fiscal 2014- 15, compared to the...
Qatar Executive to purchase up to 30 aircraft from Gulfstream
DOHA: Qatar Executive —Qatar Airways’ business jet division —announced that it has agreed to purchase up to 30 aircraft from...
South korean stocks end 0.88pc higher, KOSPI jumps 18.69pts
SEOUL: South Korean stocks surged 0.88 percent on robust foreign buying Wednesday, extending their winning streak to a third consecutive...
India, Bangladesh trade aim at new policy for bilateral trade
DHAKA: Indo-Bangla trade has found a new window as the Indian government has revised its trade policy with a focus...
UAE customs to make reforms to achieve petrochemical export target
DUBAI: Dubai, United Arab Emirates; May 19, 2015: Customs regulation reforms will be crucial for the export-oriented GCC petrochemical industry...
Hong Kong stocks end 0.39pc weaker, Hang Seng drops 108.49pts
HONG KONG: Hong Kong stocks have ended 0.39 per cent lower despite a record close on Wall Street and another...
2015 will be 1 second longer, extra second to be added on June 30
NEW YOEK: Internet, software and computer engineers are preparing themselves for problems they could face with their systems after the...
Sri Lanka DFCC Bank net profit falls 29.7% to Rs824.5m 4Q
COLOMBO: The development financier, DFCC Bank PLC group contracted its net profits by as much as 29.7 percent to Rs....
Dubai Customs transit system to speed up goods transport across UAE’s borders
DUBAI: A customs transit system which will dramatically speed up the transport of goods across the UAE’s borders with its...
Kuwait’s AUB profit swells 7.8% to $147.2m in Q1
KUWAIT: Ahli United Bank B.S.C. (AUB) reported a net profit attributable to its equity shareholders of $ 147.2 million for...
Tokyo stocks end 15yrs high, Nikkei 225 increases 0.9%
TOKYO: Tokyo stocks finished at a 15-year high Wednesday after data showed Japan’s economy grew at its fastest pace in...
IDB to give Pakistan $1.5b and $1305.07m loans for development projects
ISLAMABAD: The Islamic Development Bank (IDB) has signed an agreement with the government of Pakistan to give it short-term and...
Amazing 2D Rubens’ Tube Visualizes sound with a plane of fire
NEW YORK: Researchers in Denmark have created this amazing 2D Ruben’s Tube that lets you see sound with a plane...
GSS Energy to invest $5m in Ramba’s exploration programme in Indonesia
SINGAPORE: Catalist-listed GSS Energy said hwere the other day that it has entered into an investment agreement with mainboard-listed Ramba...
Singapore’s Noble Group inks $2.3b committed unsecured revolving loan facility
SINGAPORE: Mainboard-listed Noble Group announced here the other day the closing of its syndicated committed unsecured revolving loan facilities with...
Spider Rain: why It rained millions of baby spiders in australia
PERTH: IT’S the strange phenomenon everyone’s talking about. The unearthly sight of hundreds of gossamer white threads floating through the...
Shanghai Customs seizes 249kg pangolin scale at Pudong International Airport
SHANGHAI: Around 249 kilograms of pangolin scales were confiscated by Customs officials at the Pudong International Airport—making this the largest...
NASA seeks ideas for asteroid redirect mission spacecraft
LONDON: NASA is seeking designs for an unmanned spacecraft to help it pull off an ambitious mission to move part...
