Forced to flee war, Nepali women cycle out of poverty

AT the break of dawn each day, dozens of women forced to flee their homes during Nepal's decade-long civil war load their bicycles with vegetables and head to market.
15 March 2017, 18:00 PM

Toshiba offers memory chip shares as collateral for loans

JAPAN'S crisis-racked Toshiba Corp has offered shares in its memory chip unit to creditors as collateral to secure debt refinancing, people briefed on the matter said on Wednesday.
15 March 2017, 18:00 PM

British unemployment hits 41-year low

Britain's unemployment rate has struck the lowest level for more than 41 years, official data showed on Wednesday as the country prepares to trigger its exit from the EU. However a drop in the jobless rate comes alongside news of slowing wages growth.
15 March 2017, 18:00 PM

Oil jumps off lows, IEA sees H1 deficit after Opec cuts

Oil prices climbed more than $1 on Wednesday, lifted by a surprise drawdown in US inventories and data from the International Energy Agency (IEA) suggesting Opec cuts should create a crude deficit in the first half of 2017.
15 March 2017, 18:00 PM

Top Japan firms hike wages at slowest pace in years

Some of Japan's top companies announced their lowest wage hikes in years on Wednesday, marking the latest challenge for Tokyo's bid to boost spending and the economy.
15 March 2017, 18:00 PM

Trump budget would slice domestic programmes, foreign aid

President Donald Trump on Thursday will offer the first details of his plans for deep cuts in domestic programs and foreign aid, releasing a budget outline that would boost military spending by $54 billion and seek cuts of the same size in non-defense programs.
15 March 2017, 18:00 PM

Zara owner Inditex profits up on international drive

Spain's fashion retail giant Inditex, owner of popular brand Zara, said Wednesday that its drive to expand internationally helped push up profits last year.
15 March 2017, 18:00 PM

Top Japan firms hike wages at slowest pace in years

Some of Japan's top companies announced their lowest wage hikes in years on Wednesday, marking the latest challenge for Tokyo's bid
15 March 2017, 18:00 PM

Brazil's Feb inflation falls to lowest since 2000

Brazil's inflation rate slowed unexpectedly sharply last month, falling to its lowest for February since 2000, official figures showed Friday.
11 March 2017, 18:00 PM

China says industrial policy not aimed at foreign firms

China on Saturday tried to downplay concerns it is reducing market access for foreign enterprises, days after a report by an EU group accused Beijing of trying to skew its business playing field towards domestic firms.
11 March 2017, 18:00 PM

UK industrial output drops at start of year

Britain's industrial output recoiled in January as the nation prepared to exit the European Union, official data showed Friday.
11 March 2017, 18:00 PM

Tourists help Cyprus economy keep growing

The economy of bailed-out eurozone member Cyprus grew for an eighth consecutive quarter, helped by record numbers of tourists flocking to the Mediterranean island, official figures showed Friday.
11 March 2017, 18:00 PM

Spanish GDP seen taking a hit from Brexit

BRITAIN'S exit from the European Union will trim 0.2-0.4 percentage points off Spain's gross domestic product growth, according to a government report published Friday by daily newspaper El Pais.
11 March 2017, 18:00 PM

US economy adds 235,000 new jobs in February

The US economy had another strong month of job creation in February, the Labor Department reported Friday -- a result sure to boost already high expectations that the Fed will raise interest rates next week.
11 March 2017, 18:00 PM

German trade surplus rises alongside US tensions

Germany's trade surplus ticked upwards in January, official data showed Friday, as attacks from the Trump White House over the nation's export strength intensify.
11 March 2017, 18:00 PM

Volkswagen pleads guilty in US court in diesel emissions scandal

Volkswagen AG pleaded guilty on Friday to fraud, obstruction of justice and falsifying statements as part of a $4.3 billion settlement reached with the US Justice Department in January over the automaker's diesel emissions scandal.
11 March 2017, 18:00 PM

Rain brings smile to tea planters in Sylhet region

The heavy rain on Thursday came as a boost for the tea gardens in Sylhet as the shower could help the owners avoid the fall in output caused normally by drought at this time of the year.
11 March 2017, 18:00 PM

Paris region orders French spoken on building sites

The Paris region has passed a new rule obliging labourers on public building sites to use French, copying action taken elsewhere in France to squeeze out foreign workers.
11 March 2017, 18:00 PM

Canada jobless rate falls to 6.6pc in February

Canada's jobless rate fell slightly to 6.6 percent in February as 15,000 net new jobs were added and fewer people searched for work, the government statistical agency said Friday.
11 March 2017, 18:00 PM

Singer launches energy efficient refrigerator

Home appliances brand Singer has introduced energy efficient and environment friendly refrigerators with R600a gas.
11 March 2017, 18:00 PM