Shares of Japanese auto firms fall after US's TPP exit

​Tokyo, Jan 24 (IANS) Shares of Japanese automobile firms fell at the Tokyo Stock Exchange on Tuesday after the US exited from the Trans Pacific Partnership (TPP) deal, the media reported. ...
Print Friendly, PDF & Email

China pumps $36 bn liquidity into market via MLF

​Beijing, Jan 24 (IANS) China's central bank on Tuesday announced that it had lent 245.5 billion yuan ($36 billion) to 22 financial institutions through medium-term lending facility (MLF) to keep liquidity basically stable. ...
Print Friendly, PDF & Email

Samsung Electronics' operating profit increases by 10.7%

​Seoul, Jan 24 (IANS) Samsung Electronics on Tuesday posted an operating profit of 29.2 trillion won ($25 billion) in 2016, up 10.7 per cent from the previous year, despite losses suffered by its mobile division due to the Galaxy Note 7 fiasco. ...
Print Friendly, PDF & Email

S.Korean currency's volatility to $ hit 6-year high in 2016

​Seoul, Jan 19 (IANS) South Korean currency's volatility to the US dollar hit the highest in six years in 2016 on external uncertainties including the presidential election and the expected rate hike in the US, central bank data showed on Thursday. ...
Print Friendly, PDF & Email

China to grant easier access for foreign capital

Beijing , Jan 17 (IANS) China on Tuesday announced more measures to attract foreign investment, promising easier access and better environment. Foreign firms will face fewer restrictions when entering service, manufacturing and mining sectors, said a State Council document, according to Xinhua news agency. ...
Print Friendly, PDF & Email

Bank of England ‘keeping close eye on UK consumer spending'

​London, Jan 17 (IANS) The Bank of England is keeping a close watch on Britain's consumer spending amid signs of households dipping into their savings and amassing debts to keep spending in the face of rising inflation, media reports said. ...
Print Friendly, PDF & Email

LeEco secures over $2 bn investment from Sunac

Beijing, Jan 14 (IANS) Chinese internet and technology conglomerate LeEco has secured over $2 billion in investment from real estate developer Sunac China Holdings, media reports said. ...
Print Friendly, PDF & Email

Australia plans to tax all digital transactions

Canberra, Jan 11 (IANS) The Australian government plans to tax all online transactions, Treasurer Scott Morrison said on Wednesday, as part of a so-called 'tax strike' on the rapidly-growing digital economy. ...
Print Friendly, PDF & Email

Chinese economy grew 6.7% in 2016

Beijing, Jan 10 (IANS) Chinese economy is estimated to have grown about 6.7 per cent in 2016, a top economic planner said on Tuesday. The world's second largest economy registered the same growth rate in the first, second and third quarter in 2016, Xinhua news agency quoted Xu Shaoshi, director of the ...
Print Friendly, PDF & Email

UK spending growth at 2-year high

London, Jan 9 (IANS) The final three months of last year saw the strongest quarterly growth in British consumer spending in two years, according to payment card company Visa. ...
Print Friendly, PDF & Email

Main campus

Open on location Google Map