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Qatar’s UDC profit up 8% to QR270m in Q1
DOHA: United Development Company (UDC), a Qatari shareholding company and developer of The Pearl-Qatar, announced a net profit of QR270m...
Business confidence improved in Germany as Ifo business climate index at 10-month high
BERLIN: Germany is on a solid path of growth, driven by favorable developments on the labor market, rising wages and...
UK court jails man for €300m of cocaine smuggling
LONDON: A man has been jailed for 10 years and two others for eight years each for attempting to smuggle...
S.Korea’s S-Oil says refining margins seen firm in Q2
SEOUL: South Korea's third-largest refiner S-Oil Corp said on Monday it expects major maintenance shutdowns in Asia and the closures...
N. Korea improves coal shipment capacity at Rajin port
SEOUL: The North Korean port city of Rajin has improved its capacity to handle a second shipment of Russian coals,...
S Korea allows first fertiliser aid to North for 5 years
SEOUL: South Korea today approved a private fertiliser shipment to North Korea for the first time in five years, flagging...
NZ dollar rises as traders expect softer tone from RBNZ
CANBERRA: The New Zealand dollar strengthened against the other major currencies in the Asian session on Monday on hopes that...
New Zealand beef production expected to rise in 2014-15
WELLINGTON: Beef production in New Zealand is predicted to increase in the 2014-2015 season, due to impacts of higher worldwide...
BHP unpaid tax bill may exceed $522m
CANBERRA: BHP Billiton has been hit with a $522 million tax bill that could rise well beyond that over the...
Nokia declares media reports false, it 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...
Berkshire Hathaway Specialty Insurance establishes operations in Australia
CANBERRA: The license allows the company to immediately offer property, casualty, financial lines and marine cargo insurance in the country....
Nepal earthquake: 291 evacuees land at Palam airport
KATHMANDU: Nepal Earthquake One C-17 of IAF landed at Palam from Kathmandu with 291 passengers on board at 0630 this...
30,000 tons of Vietnamese rice exports to China stuck at border gates
HANOI: Around 30,000 tons of Vietnamese rice exports to China have been stuck at border gates amid efforts by Chinese...
WhatsApp launches its voice calling feature to all BlackBerry 10 users
LONDON: WhatsApp launches its voice calling feature to all BlackBerry 10 users. With the new BlackBerry version 2.12.12, all users...
PTA holds Pakistan Mobile App Awards 2015, ceremony to encourage young innovators, entrepreneurs
ISLAMABAD: Today Pakistan Telecommunication Authority (PTA) will hold Pakistan Mobile App Awards 2015, ceremony to encourage young innovators and entrepreneurs...
Vietnam central bank to take over Dai Duong (Ocean) Commercial Bank
HANOI: Vietnam's central bank will acquire all shares in a small, loss-making bank in Hanoi, a unit of Ocean Group...
Indonesian Customs foils eight attempts to smuggle 15,809g meth in last two months
JAKARTA: The Soekarno-Hatta International Airports customs and excise officers have foiled eight attempts to smuggle a total of 15,809 grams...
Towershare’s entry in Pakistani market and expansion plans, beneficial for industry, consumers
KARACHI: This April, the country’s telecom market will go through another major breakthrough that is likely to spur the growth...
PTA chairman says biometric verification process of SIMs of 1.2m Afghan refugees to initiate soon
ISLAMABAD: Pakistan Telecommunication Authority (PTA) Chairman Ismail Shah told “SIMs of people of Afghan origin having refugee cards will be...
Sri Lanka export sector revenue jumps to $1,823m in Q1
KANDY: Sri Lanka’s export sector, a key driver of the economy rebounded from last year’s sluggish pace to record a...
