World Business

KUWAIT CITY: Kuwait has sought help from the International Monetary Fund to introduce corporate taxes in a bid to diversify...

JAKARTA: Publicly listed state-owned tin producer PT Timah (TINS) is seeking Rp 3 trillion (US$230.5 million) in loans to build...

DOHA: Qatar's Ooredoo forecasts its revenue will fall by as much as 3 percent in 2015 and core earnings will...

SINGAPORE: The three major Singapore banks stand to benefit from the gains in local interest rates, which signal bigger profits...

SHINGAI: Since the putting into effect of the Closer Economic Partnership Arrangement (CEPA) in 2004, by the end of the...

BEIJING: China Customs has exercised control over USD4.862 billion worth of import and export goods transported by trains traveling along...

WARSAW: Poland, France, Germany and Italy demanded the European Commission to change tax rules for ebooks. EU judges earlier ruled...

ATHENS: The Ministry of Finance stated that it decided to borrow €7.3 billion form public fund reserves. The ministry has already...

COPENHAGEN: Dansek bank in a statement said that customers will costs of self service money transfers from two to five...

COPENHAGEN: The Foreign Ministry said that the foreign investment created 1,250 workplaces in Denmark last year and many companies helped...

Seoul: South Korea is expected to offer 33.1 trillion won (US$29.9 billion) in tax relief to support economic recovery this...

TORONTO: Canadians are among the biggest online addicts in the world, visiting more sites and spending more time on the...

NEW YORK: American IT giant Apple’s Chief Executive Tim Cook has announced to donate his estimated $785 million wealth to...

SAN FRANCISCO: The United State’s pioneering search engine, Yahoo, has revealed that it will buy back $2 billion shares as...

TAIPEI: Taiwan Textile Research Institute President Bai Chi-chung recently said that the TTRI will become more diverse internationally this year,...

JAKARTA: Private companies will no longer be allowed to be involved in acquiring participating interest in oil and gas blocks...

HONG KONG: Hong Kong retailers’ sales in January were the lowest since 2003 and revenue growth this year will likely...

COPENHAGEN: The Danish pension company Danica has purchased the historic Copenhagen Postal Terminal buildings for 925 million kroner. The protected building...

WARSAW: The Polish chemical company’s Chief Executive Pawel Jarczewski said that the company’s new propylene division will eventually increase annual...

HELSINKI: The Confederation of Finnish Industries survey figures showed, Finland’s business confidence improved in March. According to data of the survey...