Uncategorized
Vietnam to levy import tax on PSF
HANOI: Vietnam, which has so far allowed duty free import of polyester staple fibre (PSF) could charge a 2 per...
Germany could face fines for endangering eurozone stability
BERLIN: If EU law were properly enforced, Germany would face fines for endangering eurozone stability and breaching the Macroeconomic Imbalance...
World Bank expects GDP growth in Ukraine
KIEV: The World Bank expects GDP growth in Ukraine by two per cent - starting from 2016.This may be possible...
Ukraine pledges tax system reform by autumn
KIEV: Ukraine's newly appointed head of the State Fiscal Service, Roman Nasirov, said Tuesday that by autumn his country will...
Japan pushes big companies to pass Yen benefits on to suppliers
TOKYO: The Abe administration plans to push Japan’s large exporters to pass on benefits from the weaker yen to suppliers...
Health messaging to hold key to Zespri’s marketing strategy in Japan
TOKYO: Health messaging will hold the key to Zespri’s marketing strategy in its largest and most established Asian market, Japan,...
Pantech: South Korea’s forgotten mobile phone giant
SEOUL: When people talk about Korean-made mobile phones they easily think of Samsung and LG, but not many will come...
South Korea, EU to cooperate on Qualcomm investigations
SEOUL: South Korea's Fair Trade Commission (FTC) and the European Commission (EC) will mutually share their current progress in their...
South Korean exports remain concern for BOK
SEOUL: South Korean exports, which dropped in the first four months of this year, are a key concern of the...
NZ dollar drops US1c on labour cost index release
WELLINGTON: The New Zealand dollar has dropped by US1c after labour data out this morning showed wage growth was a...
NZ Countdown lifts 3Q sales by 5pc on increased volumes
WELLINGTON: Countdown, the New Zealand supermarket chain owned by Australian retailer Woolworths, lifted third-quarter sales by 5 per cent as...
New Zealand’s net emissions of greenhouse gases climb 42 percent
WELLINGTON: Figures released this month by the government showed that New Zealand’s net emissions of greenhouse gases climbed 42 percent...
Germany Chancellor Merkel wants EU to relax rules for its banks
BERLIN: German Chancellor Angela Merkel's governing coalition wants the European Union to loosen rules for savings banks and cooperatives that...
France President Francois vows to strengthen business ties with Arab allies
PARIS: French President Francois Hollande vowed to defend Gulf Arab allies as he announced that his country is in talks...
BMW Australia profits jump 20% to $56 million
CANBERRA: The Australian operations of BMW have generated a 20 per cent jump in annual net profit to $56 million...
Belgium to delay decisions on tax deals with Apple and Starbucks
BRUSSELS: EU regulators will miss a June deadline to decide whether tax deals granted by individual member states to companies...
Australia’s central bank cuts rates to historic low
CANBERRA: The Reserve Bank of Australia (RBA) has cut its key interest rate by 25 basis points to an all-time...
Italy machinery makers urged to revise business model
ROME: Assocomaplast, Italy’s machine and molds manufacturers association, is urging the country to look beyond its successful export business. Assocomaplast...
Crédit Agricole SA profit rises 3% to €784 million in 3 months
PARIS: Crédit Agricole SA said that net profit grew modestly in the first-quarter, as strong earnings at its investment bank...
Cooperative Bank to give Rs2,500 million loans to farmers for Kharif crops
LAHORE: Punjab Minister for Cooperatives Malik Muhammad Iqbal Channar has stated that Punjab Provincial Cooperative Bank Limited has started releasing...
