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.

Oil prices decline below $50 in New York

NEW YORK: The prices of oil declined in New York dropping below $50 with the WTI contract breaking away from...

Qatar Islamic Bank shareholders to raise up to $1.37bn through Sukuk

DOHA: The shareholders of Qatar Islamic Bank (QIB) gave the nod to the bank to raise up to QR5bn ($1.37bn)...

Taiwan exports swell by 3.4% to $25.12 in January

TAIPEI: Taiwan's exports rose in January from the same month a year earlier on gains in overseas shipments of electronic...

Enhance cooperation: Qatar, Japan sign deals

DOHA: A cooperation deal in the field of information technology and communications was signed by the Ministry of Communication and...

Bombardier seeks to sell $750m worth of shares at 10% discount

TORONTO: Bombardier Incorporation, a Canadian multinational aerospace and transportation company, will sell $750 million worth of shares at a 10%...

Malaysia to keep crude palm oil exports tax-free for March

KUALA LUMPUR: Malaysia has kept tax on exports of crude palm oil at zero for March, a government circular showed...

Qatar to spent $12.5bn on housing until 2022

DOHA: An astronomical $12.5bn is to be spent to create adequate housing stocks in Qatar to cater to the growing...

Revenues to rise to IDR1,440tr: Indonesia seeks 1.9% decline in budget deficit

JAKARTA: Indonesia House of Representatives approved the final version of Indonesia's 2015 Budget, which targets a significant increase in tax...

Kuwait’s trade surplus with Japan narrows by 21.7% to $713 million in 2014

KUWAIT CITY: Kuwait's trade surplus with Japan narrowed 21.7 percent in December to JPY 84.1 billion (USD 713 million) from...

Qatar’s investment in US jumps to $35 billion

DOHA: Investment opportunities are abound in the US for Qataris in various sectors. Citing recent announcements by top government officials,...

Sri Lanka’s CTC domestic market contracts 11% in 2014

COLOMBO: The domestic market of the leading manufacturer of tobacco products in Sri Lanka, Ceylon Tobacco Company (CTC) has contracted...

Singapore SMEs in construction sector records 25.6% revenue plunge in 2014

SINGAPORE: Small and medium enterprises in the construction sector posted a 25.6% plunge in revenue last year, while the number...

Indian govt approves subsidy on export of up to 1.4m tonnes of raw sugar

NEW DELHI: The government approved subsidy on export of up to 1.4 million tonnes of raw sugar in the ongoing...

Sale of 11 mines makes states richer, revenue to be Rs 59,000 crore

New Delhi: A top official said Chhattisgarh, Jharkhand, West Bengal and other states are set to get nearly Rs 60,000...

Fertilizer plants consume 42.25m cubic meters per day of gas

New Delhi: Fertilizer plants consume about 42.25 million standard cubic meters per day of gas for manufacture of subsidised urea....

HCL Infosystems’ stocks advance by over 3.5pc

Mumbai: HCL Infosystems’ stocks advanced by over 3.5 percent as Nokia India, now subsidiary of Microsoft Mobile, signed a fresh...

Credit of banks advances 10.38 percent to Rs 64,41,519 crore

Mumbai: Credit of Indian commercial banks advanced 10.38 percent to Rs 64,41,519 crore in the fortnight to February 6, as...

BBVA Compass Bancshares, Inc. reports net income of $467 million against $418 million

HOUSTON: BBVA Compass Bancshares, Inc. reported net income attributable to shareholder of $467 million for the full-year of 2014, a...

Prudential Financial, Inc. announces income of $4.355b versus $4.586 billion

NEWARK, N.J: Prudential Financial, Inc. announced after-tax adjusted operating income for its Financial Services Businesses of $4.355 billion ($9.21 per...

Indonesia oil & gas revenue to fall by 61.6% in 2015