Economy

Dubai: Non-oil economic growth in the United Arab Emirates is set to rebound this year as austerity slows after a couple of years of tough belt-tightening...

Yokohama: India has urged the Asian Development Bank (ADB) to reduce the time it takes to approve a loan as well as to disburse as the developing countries...

Yokohama: The Indian economy will grow at 8 per cent next fiscal as the full-year impact of the landmark Goods and Service Tax (GST) will be seen by that...

Seoul: South Korea said on Thursday it has fined Swiss drugmaker Novartis 55.1 billion won ($48.80 million) for offering doctors kickbacks to recommend the...

Bangkok: Thailand's attorney general said on Thursday it would seek the arrest of an heir to the Red Bull fortune after he failed to meet prosecutors...

Moscow: Leonid Mikhelson, co-owner of Russian gas producer Novatek, has topped Russia's rich list for a second year running with an estimated wealth of...

Riyadh: Saudi Arabia's labour minister issued an order on Thursday to restrict employment in shopping malls to Saudi nationals, who currently make up...

Yakutia, Russia: In winter it gets so cold that metal snaps. When the weather is warmer people make a living sifting the earth for fragments of gold in the...

Shanghai: U.S. President Donald Trump may have decided not to declare China a currency manipulator, an acceptance of the difficulty of making such a charge...

Washington: U.S. President Donald Trump holds his first meeting with Chinese President Xi Jinping on Thursday facing pressure to deliver trade concessions...