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Bank of China profit swells 1.14% to $14.18bn in H1
BEIJING: Bank of China (BOC), one of China's major state-owned banks, on Friday reported a 1.14-percent year-on-year increase in net...
China’s Moutai revenue rises 10.02% to 15.8 bn yuan in H1
GUIYANG: China's high-end liquor producer Kweichow Moutai Friday said its net profits rose 9.1 percent year on year to 7.9...
China Cinda profits surge 47.7% in H1
BEIJING: China Cinda Asset Management, one of the country's four State-owned bad-debt banks, reported a 47.7 percent increase in profits...
Intel Corp invests $60m in drone maker
BEIJING: Intel Corp has poured more than $60 million into Yuneec International Co, a Shanghai-based drone and aerospace company, as...
Shanghai Pengxin may buy 2 cattle farms in Australia for $720m
BEIJING: Chinese conglomerate Shanghai Pengxin Group Co Ltd is set to become the largest farmland owner in Australia if it...
China Ocean Shipping profit to hit $296m in H1
BEIJING: China Ocean Shipping (Group) Co remained profitable during the first six months of this year, with net profit attributable...
Spain CPI falls by 0.4% in August
MADRID: Spain's consumer prices fell by 0.4 percent in August when compared with the same month of a year earlier,...
Indonesia airport police seize 112,189 ecstasy pills, 94kg meth
JAKARTA: The Soekarno-Hatta International Airport Police have seized 112,189 ecstasy pills and 94 kilograms of crystal methamphetamine, with a street...
Fine on smuggled goods add $4.2m in State budget
HA NOI: As many as 11,500 cases of smuggling and trade fraud have been uncovered in the first seven months...
Malaysia Wildlife Department seizes 1,000 items made from animal parts
KUALA LUMPUR: The Wildlife Department (Perhilitan) has seized more than 1,000 items made from animal parts, including tiger skin and...
Hong Kong Customs seizes 142 items of suspected pirated video games, circumvention devices
HONG KONG: Hong Kong Customs conducted an operation to crack down on suspected sale of pirated video games in the...
Singtel net profit surges 12.8% to $674mn
SINGAPORE: Singapore Telecommunications, known as Singtel said its net profit for the April-June quarter rose 12.8% on the year, to...
Kuwait police nab Asian with drugs
KUWAIT CITY: Asian expatriate was arrested in Jleeb Shuyoukh area with some quantity of drugs and KD 542 cash believed...
Softlogic Holdings revenue surges 62.1% to Rs 13 bn
COLOMBO: Softlogic Holdings Group revenue has increased by 62.1% to Rs 13 billion as opposed to Rs. 8 billion reported...
Mitsubishi Corp ready to acquire 20% stake in Olam
TAIPEI: Mitsubishi Corp, betting on growing demand for food in Asia, agreed to buy a 20 percent stake in Olam...
Ukraine plans to export 17MT of corn in 2015/16 agricultural year
KIEV: Ukraine plans to export 17 million tonnes of corn in 2015/16 agricultural year (July-June), which is 9.75% down on...
Afghan customs verifies containers at border under ATT
KABUL: The Federal Board of Revenue (FBR) has introduced an online module for safe transportation under the Afghan Transit Trade...
Iraqi oil prices dip to $40 barrel on global demand
BAGHDAD: US crude prices have fallen below $40 a barrel on Friday for the first time since the financial crisis...
Chittagong court sentences customs officer to 8 yrs jail for illegal wealth
CHITTAGONG: A Chittagong court yesterday sentenced a former Customs official to eight years in jail on charges of amassing wealth...
India, Bangladesh to double onion imports
NEW DELHI: Prices have hit 100 taka (USD 1.29) per kg in Bangladesh and 80 rupees (USD 1.2) in India...
