World Business

Markets, oil drop in Asia but bitcoin edges towards $50,000

byCT Report

12/02/2021

Asia markets slip as dealers take breath in holiday-thinned trade

11/02/2021

Asian markets push higher as traders focus on recovery outlook

10/02/2021

Asian markets track Wall St records on reopening hopes

09/02/2021

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World Business

A business, also known as an enterprise or a firm, is an organization involved in the trade of goods, services, or both to consumers.

Apollo Commercial Real Estate Finance generates $27.0m net interest income

New York, NY: Apollo Commercial Real Estate Finance, Inc. announced Operating Earnings per diluted share of common stock of $0.45...

150m smartphone users as of 2014: Myntra says 90% of traffic generated through mobile services

byShazad Ahmed

Bengaluru: Myntra.Com said that 90 percent of its traffic is being generated through mobile devices. It said close to 85...

15 crore cards linked with bank accounts

Mumbai: The National Payments Corporation of India announced linking of 15 crore Aadhar cards with various bank accounts in the...

Vehicles reaching 7m by 2020: Indian auto sector needs infrastructural changes for growth

byShazad Ahmedand1 others

New Delhi: In major auto markets like China, Europe and Brazil, the slowdown has offered India an opportunity to attract...

RBI says India`s foreign exchange reserves increase by USD 3.88 billion

Mumbai: RBI data showed India`s foreign exchange reserves increased by USD 3.88 billion to USD 338.07 billion for the week...

Expect $4b income: Indonesia targets 4m marine tourists in 2019

JAKARTA: The Tourism Ministry aims to attract around 4 million foreigners to marine tourist destinations in 2019, quadrupling the 1...

120,000 employees worldwide: Ericsson to cut 2,200 jobs as net profit plunges 35% to 447m euros

STOCKHOLM: In a bid to cut cost, Swedish telecoms group Ericsson has decided to slash some 2,200 jobs out of...

Qatar’s budget achieves QR100b surplus in 10 months: Governor QCB

DOHA: Despite the sharp decline in oil prices, Qatar's general budget has achieved a surplus of more than QR 100...

Taiwan banks’ offshore profits fall by NT$2.8b

TAIPEI: Banks incorporated in Taiwan saw profits in their offshore banking units (OBU) fall year-on-year in January, while earnings in...

Skillful economy helps Malaysia to achieve high income status: IMF

KUALA LUMPUR: Malaysia is on track to reach high income status in five years due to skillful economic management amidst...

Singapore to extend tax incentives for real estate: Finance Minister

SINGAPORE: Singapore will extend tax incentives for real estate investment trusts by five years, allowing them to earn income from...

IATA boss urges passengers to don’t pay tax for Hong Kong’s third runway

HONG KONG: Passengers and airlines should not have to be taxed to pay for the construction of Chek Lap Kok's...

Indonesia’s Telkom may cut dividends by 40% to $447.6m

JAKARTA: State-run telecommunications giant PT Telekomunikasi Indonesia (Telkom) will likely lower dividend payments by more than 40 percent this year...

Qatar insurance market expands by $2b

DOHA: The size of Qatar’s insurance market is picking up, though slowly, and has hit an estimated $2bn. This represents...

Kuwait’s Al-Mazaya reports net profit of KD 8.09m in 2014

KUWAIT CITY: Al-Mazaya Holding held its Ordinary General Assembly Meeting of 2014 here the other day at Al- Mazaya Tower...

SH equity rises by 5.8%: Kuwait’s NBK earns KD261.8m net profits in 2014

KUWAIT: National Bank of Kuwait (NBK) held its annual General Assembly meeting here the other day at the bank's headquarters....

Burger king targets Africa for expansion

JOHANESSBURG: Burger King Worldwide plans to enter new African counties before the end of the year as it follows Yum!...

National Bank donates $1.6m per year to encourage students

11/03/2015

Montreal: National Bank kicked off the week of events by inviting the general public, especially adults and parents, to take...

National Bank of Kuwait-Bahrain announces net profits of USD 145m against USD 114m

11/03/2015

Kuwait: National Bank of Kuwait-Bahrain announced net profits of USD 145 million (BHD 54.7 million) for the year 2014 compared...

Bear State Financial, Inc. announces earnings of $4.8m versus $199,000