Business & Economy

PHNOM PENH, Aug. 2 (Xinhua/APP):– Cambodia imported oil products worth 1.91 billion U.S. dollars in the first half of 2022, up 25 percent from 1.52 billion dollars over the same period last year, according to a report from the General Department of Customs and Excise. […]

SIALKOT, Aug 02 (APP): Sialkot city is a pride of Pakistan as it is an important economic hub and the only export-oriented city of the country. This was stated by Senior Vice President (SVP) Sialkot Chamber of Commerce and Industry (SCCI) Sheikh Zohaib Rafique Sethi […]

LONDON – August 1 (ONLINE) Rishi Sunak, trailing in the race to become Britain’s next prime minister, has vowed to slash the basic rate of income tax by 20% by 2029 in a potentially make-or-break throw of the dice by the former finance minister. Sunak, […]

London, Aug 1 (AFP/APP): The OPEC+ group of oil exporters meets Wednesday to discuss another output increase, weeks after US President Joe Biden sought to persuade Saudi Arabia to boost production during a controversial visit to the country. The White House has been pressing the […]

KUALA LUMPUR, Aug 1 (XINHUA/APP): Malaysia’s manufacturing Purchasing Managers Index (PMI) rose to 50.6 in July from 50.4 in June, showing improvement in the manufacturing sector’s conditions, S&P Global said on Monday. The latest reading pointed to a marginal improvement in the health of the […]

BEIJING, Aug 1 (XINHUA/APP): China’s central bank Monday conducted 2 billion yuan (about 296.44 million U.S. dollars) of reverse repos to maintain liquidity in the banking system. The interest rate for the seven-day reverse repos was set at 2.1 percent, according to the People’s Bank […]

JAKARTA, Aug 1 (XINHUA/APP): Indonesia’s inflation in July reached 4.94 percent, the highest in seven years and exceeding the central bank’s target range, the Statistics Indonesia (BPS) said on Monday. “This is the highest inflation since October 2015 which reached 6.25 percent year-on-year,” BPS head […]

TOKYO, Aug 1 (XINHUA/APP):Japan’s ANA Holdings Inc. said Monday it booked a profit for the first time in three years in the April-June quarter owing to an uptick in patronage amid the waning downside effects of the COVID-19 pandemic. ANA Holdings Inc., parent company of […]

WILMINGTON – July 31 (ONLINE) Elon Musk countersued Twitter Inc (TWTR.N) on Friday, escalating his legal fight against the social media company over his bid to walk away from the $44 billion purchase, although the lawsuit was filed confidentially. While the 164-page document was not […]

ISLAMABAD – July 31 (ONLINE) Finance Minister Miftah Ismail on Sunday voiced optimism that the pressure on the rupee, which has seen a sharp drop against the dollar in recent weeks, would ease within the next two weeks. Addressing a news conference along with Coordinator […]