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Sri lanka Ceylon Leather Products loses Rs.25mn in fraud
COLOMBO: Ceylon Leather Products PLC informed the Colombo Stock Exchange that the employees in its tannery in Mattakkuliya had defrauded...
AUB Kuwait net profit swells 27.2% to KD15.4m
KUWAIT: Ahli United Bank announced the financial results of the first quarter ending 31 March 2015, following the endorsement of...
Brent crude value declines $70 despite EIA surprise on technical selling
SINGAPORE: Brent crude for spot delivery has been flirting with the $70 mark, which being a channel resistance, could...
Malaysia’s MBSB net profit drops 36% to RM124mil in Q1
KUALA LUMPUR: Malaysia Building Society Bhd's (MBSB) net profit for its first quarter ended March 31, 2015 fell 36% to...
Malaysia police seize drugs worth RM940,000, nabs 4 smugglers
GEORGE TOWN: Penang police uncovered a drug processing laboratory and seized various types of drugs worth RM940,000 in two separate...
80% hikes in stamp duty: Hong Kong tax revenue jumps record HK$301.9bn
HONG KONG: Hong Kong's tax revenue swelled to a record-breaking HK$301.9 billion in the fiscal year 2014-15, up 24 per...
HK Customs seizes 4.64kg ketamine, 3g meth worth $558,000
HONG KONG: Hong Kong Customs seized about 4.64 kilograms of suspected ketamine and 3 grams of suspected methamphetamine at Lok...
Customs nabs 4 men on cigarette smuggling, arrests smugglers aide guard
DUBAI: Dubai Public Prosecution has referred five Asian men to Dubai Criminal Court on charges of forging Dubai Customs documents...
Singapore’s life insurance business falls 1% to $649.4m in Q1
SINGAPORE: Singapore's life insurance business dipped in the first three months of this year as total weighted new business premiums...
UK stocks open lower, FTSE drops 0.7pc
LONDON: Britain's top share index lost ground on Thursday as voting got under way in what is set to be...
50% textile industry may be closed: Govt urged to alter reduced rate regime, release Rs100b refund claims
LAHORE: More than 50 percent of the textile industry may be closed if the government alters the Reduced Rate Regime...
European stocks take lower start, Stoxx Europe 600 declines 1.3%
ROME: European stocks sold off Thursday, with uncertainty around the U.K. general election adding to an already thick mix of...
China’s Xiaomi goals to sell top model at $484
BEIJING: XIAOMI Corp will sell its first high-end model at 2,999 yuan (US$484) next week as it wants to lower...
Hong Kong stocks tumble for 6 day, Hang Seng sinks 1.3pc
KONG: Hong Kong's benchmark Hang Seng index fell for the sixth consecutive session on Thursday after Morgan Stanley - usually...
Chinese companies Q1 reports describe changing patterns of economy
BEIJING: The quickest way to gain insight into China's economic development is to check the financial reports of the country's...
BMW revenue swells by 14.7% to $23.7bn in Q1
BEIJING: German automaker BMW Group reported new record sales volume, revenues, and profit before tax in the first quarter of...
Japan stocks decline to over 1 month low at end of trade, Nikkei 225 slips 1.2pc
TOKYO: Japan's Nikkei share average fell to a more than one-month low on Thursday as a worldwide drop in government...
China Customs confiscated 132 mink skins
SHANGHAI: Shenzhen Customs District seized 132 mink skins hidden in passenger’s luggage, officers of Huanggang Customs House (affiliated to Shenzhen...
Taiwan stocks end 114.09pts down
TAIPEI: Shares in Taiwan took a beating Thursday as the financial sector came under heavy selling, in particular in the...
China Airport Customs seizes 14 ivory products
BEIJING: Officers of Hangzhou Xiaoshan Airport Customs House (affiliated to Hangzhou Customs District) said they had seized 14 ivory products...
