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Subaru drops prices of its XV small SUV by $1250 for 2015
SYDNEY: Subaru has dropped the prices of its XV small SUV by $1250 for 2015, after already reducing prices of...
Australia investment appeal falls, drops to 10th position
CANBERRA: Australia has dropped to tenth position in an annual survey ranking countries as potential targets for direct foreign investment....
Volvo is ready to launch two new models in Indian market
LONDON: Volvo is ready to launch two new models in the Indian market and they will not be variants of...
Australia’s Westpac posts net profit of A$3.61 billion
CANBERRA: Australian banking heavyweight Westpac posted a first-half net profit of A$3.61 billion (US$2.82 billion) on Monday, unchanged from the...
France PM Manuel unveils plan to allocate €2.5b for tax rebates to boost business activity
PARIS: French prime minister Manuel Valls has announced that the French government will allocate €2.5bn over five years for tax...
Australia’s budget deficits to blow out by $47b over four years
CANBERRA: Australia’s boom is heading for bust, with deficits over the next four years blowing out by $47bn in just...
Microsoft is working on high-end Lumia handsets Codenamed ‘Cityman’ and ‘Talkman’
NEW YORK: Microsoft is working on high-end Lumia handsets Codenamed 'Cityman' and 'Talkman', both the Lumia smartphones are said to...
Home sales in Taiwan get down year-on-year fall
TAIPEI: Housing transactions in the nation’s municipalities last month saw an annual double-digit percentage decline, with the number of sales...
Indonesia’s manufacturing falls for 7th straight month in April
JAKARTA: Indonesia's manufacturing activity shrank for the seventh straight month in April as export orders continued to decline and domestic...
Qatar’s GWC becomes service contractor for UPS
DOHA: Gulf Warehousing Company (GWC), Qatar’s leading logistics provider, has signed an agreement to become the ‘Authorized Service Contractor for...
Sri Lanka Customs seizes foreign currency worth Rs6m
COLOMBO: Sri Lanka Customs officials have arrested a Sri Lankan national this morning at the Departure Lounge of the Colombo...
Kuwait GDDC seizes 1m illegal Captagon pills
KUWAIT CITY: Two Syrian expatriates of ages 23 and 24 were arrested for smuggling one million illegal Captagon pills into...
Malaysia sukuk sales hikes 24% to $3.1bn
KUALA LUMPUR: Islamic bond sales in Malaysia jumped this month to the most since December 2013, adding to signs confidence...
Singapore’s Rowsley’s Q1 earnings swell 70% to $3.1m
SINGAPORE: Rowsley has reported a 70 per cent jump in net profit to $3.1 million for the first quarter. Group...
Oil giant Pemex suffers $8.6 bn loss in Q1
SINGAPORE: Mexico’s state oil giant Pemex reported losses Thursday of more than 100 billion pesos (S$8.6 billion) in the first...
India provides relief to overseas investors on MAT
NEW DELHI: Indian government provided some relief to overseas investors on the contentious issue of minimum alternate tax (MAT). Finance...
Iraq decides to issue $5b in int’l bonds: FM
BAGHDAD: Finance Minister Hoshyar Zebari (pictured) said that Iraq has decided to issue $5 billion in international bonds, as it...
Asian stocks lower in early trade after China PMI
ROME: Asian stocks traded lower across the board early Monday, as investors were disheartened by less-than-stellar data from China and...
Hong Kong OOCL revenue falls 3.2% to $1.34bn
HONG KONG: Orient Overseas Container Line reported falling volumes and revenue in the first quarter with the trans-Pacific and intra-Asia...
Motorola to release new Android 5.0 Lollipop for their Motorola DROID Turbo users
NEW YORK: Motorola did announce that they will be releasing the new Android 5.0 Lollipop for their Motorola DROID Turbo...
