Business & Economy

Aberdeen, United Kingdom, May 12 (AFP/APP): In Aberdeen, northeast Scotland, offshore wind turbines, the extension to the city’s port, and hydrogen buses are clear evidence of the move to green energy. But old habits die hard in the Granite City, which was built on the […]

Tokyo, May 12 (AFP/APP): Nissan reported a positive full-year net profit for the first time in three years on Thursday, citing cost-saving efforts and a stronger US market, but issued cautious forecasts. The Japanese auto giant was on a rollercoaster even before the disruption caused […]

Moscow, May 12 (AFP/APP): Russian gas transiting via Ukraine to Europe dropped by a third Thursday after Kyiv suspended supplies through a key route, Russian energy giant Gazprom said.   Ukraine’s pipeline operator GTSOU said that it was halting gas transport at the Sokhranivka transit […]

ISLAMABAD, MAY 12 (ONLINE): Commerce ministry has said no change has been made in trade policy with India. It was said in a statement issued by ministry of commerce that induction of trade minister in India has nothing to do with restoration of trade with […]

ULAN BATOR, May 9 (Xinhua/APP): Mongolia exported a total of 3.8 million tons of coal in the first four months of this year, down 48 percent year on year, Mongolian Customs General Administration said on Monday. The significant decrease is related to border restrictions due […]

HANOI, May 9 (Xinhua/APP): Vietnam spent over 4.8 billion U.S. dollars on cloth imports in the first four months of this year, posting a rise of 10.3 percent year on year, according to the General Statistics Office on Monday. Between January and April, Vietnam imported […]

COLOMBO, May 9 (Xinhua) APP):Sri Lanka’s leading liquefied petroleum gas supplier Litro Gas Lanka Limited on Monday said that they are unable to supply gas to domestic consumers until new stocks arrive. Litro Gas chairman Vijitha Herath said only industrial gas stocks are available at […]

BEIJING, May 9 (Xinhua/APP): China’s interbank Treasury bond index in net price opened at 994.91 points Monday, lower than the previous close of 994.99 points, according to the China Foreign Exchange Trade System. The index reflects real-time trading of treasury bonds in China’s interbank bond […]

Xi warms up China’s economy, but virus narrows options Beijing, May 8 (AFP/APP): President Xi Jinping has offered state backing for tech, infrastructure and jobs to revive China’s economy, but analysts warn growth will continue to wilt until Beijing drops its rigid virus controls. Two […]

New York, May 8 (AFP/APP): Before the start of each month, Anh-Thu Nguyen and her two roommates send rental checks to their landlord. A few days later, the checks are mailed back. The bizarre ritual began soon after the March 2021 purchase of Nguyen’s Brooklyn […]