ePaper

Thursday, January 18, 2018

Siberian helicopter maker eyes on India

| By
As a helicopter buzzes in circles despite a blizzard, thousands are busy working in the huge hangars of a Siberia-based aircraft maker, eager to win a contract with India
Siberian helicopter maker eyes on India

Most Asian markets turn lower

| By
Hong Kong stocks hit an all-time high on Wednes-day, breaking a record that had been in place for more than 10 years, but most other major Asia markets fell
Most Asian markets turn lower

South Africa aims to patch-up threadbare clothing industry

| By
South Africa is fighting to revive its frayed clothing industry, once a crucial provider of jobs in a country suffering from high unemployment, as a flood of cheap imports
South Africa aims to patch-up threadbare clothing industry

GM, DHL use a Chinese plant to lead manufacturing change

| By
Inside General Motors Co's vehicle assembly plant in this southern China city, many workers wear the red-and-yellow uniforms of DHL, the logistics company. The DHL employees work side-by-side with

Volkswagen clinches record sales in 2017

| By
German carmaker Volkswagen said Wednesday it sold a record number of vehicles in 2017, putting it on track to hold on to the title of world's largest carmaker two

EU car sales top 15 million barrier in 2017

| By
The number of new cars sold in Europe topped the 15-million mark for the first time in a decade in 2017, the bloc's industry body calculated in new data

KSA announces $2b bailout for Yemen

| By
Kindom of Saudi Arabia (KSA) announced on Wednesday it would transfer $2 billion to Yemen's central bank, following desperate calls for funding from the war-torn country's president and prime

GM, DHL use a Chinese plant to lead manufacturing change

| By
Inside General Motors Co's vehicle assembly plant in this southern China city, many workers wear the red-and-yellow uniforms of DHL, the logistics company. The DHL employees work side-by-side with

China economy exceeded growth targets in 2017

| By
China's economy exceeded Beijing's annual growth target in 2017, analysts said in an AFP survey, overcoming the government's battles against massive debt and pollution-spewing factories. The world's second largest
China economy exceeded growth targets in 2017

Oil prices near three-year highs, supported by healthy demand

| By
Brent crude oil dipped on Tuesday but remained near $70 a barrel, a level not seen since 2014's dramatic market slump. Prices have been driven up by oil production
Oil prices near three-year highs, supported by healthy demand

Shares stay on record run, metals suffer meltdown

| By
Asia and Europe's big bourses kept world shares on their record-breaking run on Tuesday, though a steadier dollar halted the sizzling start to the year for the euro, yen
Shares stay on record run,  metals suffer meltdown

Ericsson to write down 1.4b euros in 4th quarter

| By
Swedish telecoms equipment maker Ericsson on Tuesday said it would write down 14.2 billion kronor (1.4 billion euros, $1.8 billion) in assets as the troubled company struggles to compete
Ericsson to write down 1.4b euros in 4th quarter

EU to remove Panama, 7 others from tax haven blacklist

| By
The EU will remove Panama, South Korea and six other countries from its recently unveiled EU tax blacklist at a meeting of finance ministers next week, a European Union
EU to remove Panama, 7 others from tax haven blacklist

UAE to file complaint over Qatar flight 'interception'

| By
The UAE will lodge a complaint with the International Civil Aviation Organization after Qatari jets came within little more than three kilometres of Emirati passenger flights, its civil aviation
UAE to file complaint over Qatar flight 'interception'

India's trade deficit widens to over 3-year high in Dec

| By
India's December trade deficit widened to its highest in more than three years as higher import bills for gold and crude oil weighed on rising exports, government data showed

Aramco snubs UBS and Bank of America for listing roles

| By
Saudi Aramco has not invited UBS and Bank of America Merrill Lynch to pitch for senior advisory roles in its stock market listing because they have not lent money

British annual inflation dips to 3.0 percent

| By
Britain's annual inflation rate hit 3.0 percent in December, down slightly from November, partly owing to a fall in the price of toys before Christmas, official data showed Tuesday."The

Most Asia markets extend rally

| By
Asian traders continued their blistering start to the year on Monday with most markets rising but Hong Kong's record rally came to an end, while the euro extended gains
Most Asia markets extend rally

Strikes hit Greece over move to curb industrial action

| By
A general strike crippled public transport in Athens on Monday and was set to hit air traffic ahead of a parliamentary vote on controversial reforms demanded by Greece's creditors,
Strikes hit Greece over move to curb industrial action

Renault posts record year for car sales

| By
Renault sold a record number of cars last year, the French carmaker said Monday, with global unit sales reaching 3.76 million, a rise of 8.5 percent over 2016. Volumes
Renault posts record year for car sales

© 2018 The Asian Age