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Foreign investment in Indonesia up 22.8% to $6.36bn in Q1
JAKARTA: Indonesia received Rp 82.1 trillion (US$6.36 billion) worth of foreign investment between January and March this year, up by...
Credit Suisse Group AG increases price objective on shares of Marathon Oil from $32 to $36
ANKARA: Analysts at Credit Suisse Group AG increased their price objective on shares of Marathon Oil (NYSE:MRO) from $32.00 to...
BlackBerry Classic to arrive in Indonesia, Hong Kong, Asia, Europe, Middle East in white
OTTAWA: This week, the BlackBerry Classic will be available in white in Indonesia and Hong Kong. The white Classic will...
Solvay building silica production facility in South Korea
SEOUL: Solvay has started construction on a highly dispersible silica (HDS) production facility in Gunsan, South Korea.The project is part...
Ithaca to sell Norwegian business of US$60m to MOL Nordsjon BV
OSLO: Ithaca Energy Inc.has entered into an agreement to sell its wholly owned subsidiary, Ithaca Petroleum Norge AS (Ithaca Norge),...
IBM Korea transfers funds 2.5 times more than net profits to headquarters
SEOUL: IBM Korea, once a leader in the domestic IT market, is continuously falling. The company lost consumer trust after...
Turkish Ziraat to open first foreign bank branch in Ethiopia
ANKARA: Turkey’s largest state-owned lender, Ziraat Bank, has proposed opening the first foreign-owned bank branch in Ethiopia, Turkish Economy Minister...
Nokia says no plans to return to manufacturing phones
BEIJING: Nokia denies Chinese media reports that it plans to return to manufacturing phones. "Nokia notes recent news reports claiming...
British exporters reap rewards, more companies must make the leap: BCC
BRITAIN: Businesses who make the leap into international markets are reaping the rewards, according to an international trade survey being...
After 68 years, its Air NZ’s final flight out of Westport
WELLINGTON: Just four people boarded Air New Zealand's final flight out of Westport this morning, bound for Wellington. After 68...
Customs seizes 183 turtles at Mumbai airport
NEW DELHI: Days after two suitcases crammed with 183 turtles were seized by the customs department at the city airport,...
Ukraine Central Bank for improving performance of int’l payment systems
KIEV: The National Bank of Ukraine held a meeting last week to discuss ways of " the performance of international...
Moto X (Gen 2) 16 GB model is now available at Rs 29,999 as against Rs 31,999 earlier
NEW DELHI: Motorola has silently brings down the price of 16 GB variant of the Moto X (Gen 2) in...
Qatar GWC net profit hikes 40% to QR40m in Q1
DOHA: Gulf Warehousing Company (GWC) announced a 40 percent jump in first quarter net profit here the other day. The...
Ukraine creditors brace for tougher talks after Ukreximbank deal
KIEV: Ukraine bondholders will probably have a tougher time in the next round of debt restructuring talks than creditors of...
Nepal earthquake: Rebuilding cost to exceed US$10b
KATHMANDU: The cost to rebuild after Nepal's most devastating earthquake in eight decades will exceed US$10 billion, according to Finance...
Custom revenue collection from West Bengal, Sikkim drop to ₹9,779 crore
KOLKATA: Custom revenue collection from West Bengal, Sikkim and Andaman & Nicobar Islands dropped in 2014-15 to ₹9,779 crore from...
Viber introduces latest version for Android users
LONDON: Viber has introduced latest version that can be downloaded and installed on your Android device. This awesome application has...
Vietnam’s Q1 seafood exports plunge amid fierce competition
HANOI: Vietnam earned US$1.65 billion from seafood exports in the first quarter, down 17 percent from the same period last...
900 tonnes coal ship sinks in Chittagong port after hitting buoy
DHAKA: A lighter vessel, shipping 900 tonnes of coal, has sunk in Chittagong port’s Sandwip Channel after hitting a buoy....
