Category: BUSINESS

Japanese Shares Boosted by Hopes of Tax Hike Delay

Japanese Shares Boosted by Hopes of Tax Hike Delay

May 30, 2016

Japanese shares have kicked off the week on a positive note on hopes that the government might delay a rise ... Read More

World’s Longest rail Tunnel Sees Light at end of Decades’ Wait

World’s Longest rail Tunnel Sees Light at end of Decades’ Wait

May 30, 2016

When Swiss engineer Carl Eduard Gruner came up with the idea to build the world's longest rail tunnel under the ... Read More

Dollar Extends Gains on Yellen Talk of Rate Hike

Dollar Extends Gains on Yellen Talk of Rate Hike

May 28, 2016

The dollar powered higher on Friday (May 27) after Federal Reserve Chair Janet Yellen said the US economy was improving ... Read More

Oil Prices Slip From US$50 Level

Oil Prices Slip From US$50 Level

May 28, 2016

World oil prices dipped on Friday (May 27), with traders taking profits after crude rose above the psychological US$50 level ... Read More

UK leaving the European Union- G7

UK leaving the European Union- G7

May 27, 2016

The warning about the economic consequences of the UK leaving the European Union comes as Britain prepares for a referendum ... Read More

Euro Gains on Dollar for Second Day

Euro Gains on Dollar for Second Day

May 27, 2016

The euro pushed higher against the US dollar for a second day on Thursday (May 26) even as odds appeared ... Read More

Saudi Aramco Boosting Market Share as it Prepares for Listing

Saudi Aramco Boosting Market Share as it Prepares for Listing

May 27, 2016

Saudi Arabia: Saudi oil giant Aramco is gaining market share and pushing for greater efficiency, chief executive Amin Nasser said ... Read More

Oil hits $50 a barrel for first time this year

Oil hits $50 a barrel for first time this year

May 26, 2016

The price of oil has gone above $50 a barrel for the first time in 2016 as supply disruptions and ... Read More

World Leaders Gather in Japan Ahead of G7

World Leaders Gather in Japan Ahead of G7

May 25, 2016

World leaders began gathering in Japan on Wednesday (May 25) ahead of a Group of Seven summit set to be ... Read More

Can Asian tycoons score with their investments in football?

Can Asian tycoons score with their investments in football?

May 25, 2016

Asian tycoons have been digging deep into their pockets for stakes in European football clubs, and the latest to join ... Read More

Oil Retreats as Dollar Gains on Fed Rate Speculation

Oil Retreats as Dollar Gains on Fed Rate Speculation

May 19, 2016

Oil prices hit a fresh multi-month high on Wednesday (May 18) before retreating after hawkish US Federal Reserve meeting minutes ... Read More

Asian Stocks, Gold Fall as US Hike Back on the Cards Dollar Jumps

Asian Stocks, Gold Fall as US Hike Back on the Cards Dollar Jumps

May 19, 2016

Asian stocks fell and the U.S. dollar stood tall on Thursday as markets scrambled to factor in the possibility of ... Read More

Asian stocks chase Wall St down, Japan GDP beats forecasts

Asian stocks chase Wall St down, Japan GDP beats forecasts

May 18, 2016

Asian stock markets mostly fell on Wednesday (May 18) after a two-day rally and strong US data that fuelled talk ... Read More

Canada Fires Cost $760million

Canada Fires Cost $760million

May 18, 2016

A new report into the financial impact of the McMurray fires says some $760m (C$985m; £528m) in oil sands production ... Read More

US Lifting Economic Sanctions on Myanmar

US Lifting Economic Sanctions on Myanmar

May 18, 2016

Myanmar was under Military rule earlier .This year Myanmar, also known as Burma, swore in its first democratically-elected government in ... Read More