Economic News

 

  1. German environmental lobby sues motor authority over VW scandal

    German environmental group Deutsche Umwelthilfe (DUH) has filed a suit against German motor authority KBA, accusing it of failing to act robustly enough over Volkswagen's diesel emissions…
  2. Smartphone maker Samsung backs away from planned split

    The world's biggest smartphone maker Samsung, assailed by a shambolic recall and embroiled in South Korea's wide-ranging corruption scandal, on Friday backed away from a planned corporate…
  3. Exclusive: HSBC to boost China staff by up to 1,000 in 2017, mostly in Pearl River Delta

    HSBC plans to add as many as 1,000 new employees to its Chinese retail banking and wealth management arm this year, the business's regional head said, most of them in the Pearl River Delta, the heart of the bank's growth strategy in…
  4. ING to maintain top tier bonus system for another five years

    Dutchnews.nl - Business 03.24 / 08:17 dutchnews.nl
    Financial services group ING said it will continue its bonus programme for the top 1% of its staff who…
  5. 12 Chinese cities' GDP reach 1 trln yuan in 2016

    China.org.cn - Business 03.24 / 07:30 www.china.org.cn
    Twelve Chinese cities saw their GDP reach 1 trillion yuan (about US$145.02 billion) in 2016, as data compiled by the newspaper, 21st Century Business Herald…
  6. Chinese dairy stocks crash 90% in Hong Kong

    Shares in a Hong Kong-listed Chinese dairy crashed more than 90 percent on Thursday, in one of the city's biggest sell-offs that wiped billions from its market…
  7. Chinese buyers shift interest in Canadian properties

    China.org.cn - Business 03.24 / 07:00 www.china.org.cn
    Fewer Chinese prospective buyers are considering Vancouver properties in the Canadian province of British Columbia (B.C.), following its implementation eight months ago of a 15-percent tax on foreign residential real estate…
  8. Southern cities beat northern region in GDP growth rate

    China.org.cn - Business 03.24 / 06:29 www.china.org.cn
    China's regional GDP data recorded uneven growth last year, with the southern region posting faster growth rate than northern region, according to the 21st Century Economic…
  1. I-T department uncovers Rs 45,622 crore undisclosed income

    India.com - Finance 03.24 / 10:32 www.india.com
    The I-T department conducted searches on nearly 2,534 groups of persons in the last three financial years and the current one (up to January 2017) and unearthed undisclosed income of Rs 45,622…
  2. Government approves 9 FDI proposals involving FDI of Rs 659 crore

    India.com - Finance 03.24 / 10:02 www.india.com
    The Government has approved nine (9) FDI proposals involving Foreign Direct Investment (FDI) of Rs. 659…
  3. Government pondering over eradicating PAN; Aadhar card to become sole identity

    India.com - Finance 03.24 / 09:57 www.india.com
    The recent finance bill which got the nod in Parliament has made it clear that from July 2017 onwards Aadhar is necessary to file income tax returns and also one should apply for PAN, as both should now be linked before…
  4. EU won't punish UK over Brexit, but divorce will cost Britain £50 billion - Juncker

    Rt.com - Finance 03.24 / 09:51 rt.com
    The United Kingdom will be made to pay about £50 billion ($62 billion) after it triggers Article 50 to leave the European Union, according to European Commission President Jean-Claude Juncker. This will be a warning to others who want to follow the UK. Read Full Article at …
  5. Tata Capital’s Mobile App invites you to check You’re my Score and avail easy finance

    India.com - Finance 03.24 / 08:47 www.india.com
    The app enables the user to check his/her loan eligibility and apply for a loan seamlessly using only a mobile device. The app also allows existing customers to view their loan status and…
  6. FreeCharge, Arvind Lifestyle Brands tie-up to increase focus on offline stores

    India.com - Finance 03.24 / 07:38 www.india.com
    FreeCharge on Friday announced that it will now enable e-wallet payments across leading outlets with Arvind Lifestyle Brands, one of India's largest and leading lifestyle…
  1. IMF to visit Cyprus

    A delegation from the International Monetary Fund (IMF) will visit Cyprus next week for talks to evaluate the economy of the country following the... [full…