Toyota shares fall following Trump's tariff threat

​Tokyo, Jan 6 (IANS) The shares of Toyota Motor fell on the Tokyo Stock Exchange (TSE) on Friday after US President-elect Donald Trump threatened the Japanese car manufacturer with customs duties if it continues the construction of its new vehicle assembly plant in Mexico. ...
Print Friendly, PDF & Email

Apple confirms $1 bn investment in SoftBank

​New York, Jan 5 (IANS) Tech giant Apple on Thursday confirmed it plans to invest $1 billion in Japanese telecom giant SoftBank's massive $100 billion Vision Fund. According to a report in TechCrunch, the fund is a joint effort between SoftBank and the government of Saudi Arabia's Public Investment Fund (PIF) that reportedly seeks to...
Print Friendly, PDF & Email

Britain to launch new pound coin

London, Jan 2 (IANS) The British government will launch a new one pound coin at the end of March and scrap the current one by October. An announcement from the British Treasury on Sunday said the new 12-sided one pound coin would become legal tender on March 28 and the new coin would be produced by ...
Print Friendly, PDF & Email

UK banks, financial firms may relocate to Ireland

London, Dec 26 (IANS) Banks and more than 100 UK companies are inquiring about relocating to Ireland after Britain's historic vote to leave the European Union (EU), a media report said. ...
Print Friendly, PDF & Email

Mutual funds bet on new investors post-demonetisation

​Mumbai, Dec 20 (IANS) Volatility in the equity markets notwithstanding, the mutual funds industry is confident of attracting new investors and hopes to benefit from the macro-changes post-demonetisation, said a leading industry player. ...
Print Friendly, PDF & Email

Chinese yuan weakens further against USD

​Beijing, Dec 16 (IANS) Chinese yuan weakened against the US dollar on Friday for the third-straight day Friday after the U.S. Federal Reserve (Fed) raised the benchmark interest rate for the first time this year, Xinhua news agency reported. ...
Print Friendly, PDF & Email

US Fed hikes key interest rate by 0.25%

Washington, Dec 15 (IANS) The US Federal Reserve on Wednesday increased its key interest rate by 25 basis points in the first rate hike in 2016 and just the second in a decade. ...
Print Friendly, PDF & Email

Moody's retains negative outlook on Asia-Pacific banks for 2017

​Singapore, Dec 13 (IANS) Rating agency Moodys Investors Services said on Tuesday that its outlook for banks in the Asia-Pacific region remains negative for 2017 based on the assumption of a difficult operating environment impacting banks' asset quality and profitability. ...
Print Friendly, PDF & Email

Mobile money can help lift people out of poverty: Study

New York, Dec 9 (IANS) Mobile money services, which allow users to store and exchange monetary values via mobile phone, can help lift people in developing economies out of poverty, a new study suggests. ...
Print Friendly, PDF & Email

Chinese inflation up 2.3 per cent in November

Beijing, Dec 9 (IANS) China's consumer price index, a main gauge of inflation, grew 2.3 per cent year on year in November, up from October's 2.1 per cent, the National Bureau of Statistics (NBS) said on Friday. ...
Print Friendly, PDF & Email

Main campus

Open on location Google Map