Tencent revenue rises 43% in Q1

BERLIN: Chinese electrical appliance manufacturer Midea said yesterday that it plans to invest up to 4 billion euros (US$4.5 billion)...

Chinese banks’ forex sales narrow in April

BEIJING: Chinese banks saw $23.7 billion of net foreign exchange sales in April, down from March, official data showed here...

Consumption contributes 84.7% of China’s Q1 growth

BEIJING: Final consumption contributed 84.7 percent of China's economic growth in the first quarter, official data showed on Monday, suggesting...

China’s power use up 1.9% in April

BEIJING: China's electricity consumption, a key barometer of economic activity, rose 1.9 percent year on year in April, reaching 456.9...

Antarctic glacier’s unstable past reveals danger of future melting

ANTARCTIC: New mapping of one of the most remote areas in Antarctica has revealed regions deep within Earth’s largest ice...

North America’s migratory birds are in ‘real trouble,’ report finds

MEXICO: The melodic chorus of diminutive migratory birds that fills the Canadian Prairies every spring is quieting as feathered characters...

Apple confirms existence of the ‘Error 56’ iOS 9.3.2 bug

CALIFORNIA: Earlier this week, Apple rolled out iOS 9.3.2 and the software update fixed a bug that caused phone calls...

Call of Duty: Modern warfare trilogy available, costs $30

CALIFORNIA: Last week we told you about a certain special bundle that was being promoted by BestBuy. This bundle, the...

Asian stocks fall after fed minutes as commodity shares retreat

TOKYO: Asian stocks fell after minutes of the Federal Reserve’s April meeting showed policy makers discussed raising interest rates as...

European stocks finish mostly higher; oil seesaws; Fed minutes ahead

FRANKFURT: European indexes closed mostly higher on Wednesday as investors reacted to volatile oil markets and awaited the minutes of...

CANADA STOCKS-TSX falls as Fed speculation hurts commodity prices

TORONTO: Canada's main stock index retreated on Wednesday as mining and energy stocks fell, pressured by lower commodity prices after...

US stocks close off highs after Fed minutes; financials gain more than 1.5%

NEW YORK: U.S. stocks closed off session highs Wednesday, with the Dow and S&P little changed after the Federal Reserve's...

LCCI suggests E-Portal for industrial electricity connections

LAHORE: In order to facilitate the industrial sector, the Lahore Chamber of Commerce & Industry (LCCI) has urged the government...

ICCI shows concerns over phenomenal increase in external debt‏

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has shown great concerns over the phenomenal increase in external debt...

RPO Tahir purposes to establish modern security system in Sialkot

SIALKOT: Additional Inspector General / Regional Police Officer (RPO) Gujranwala Region Muhammad Tahir today gave a proposal of establishing the...

No hang-ups for Brazilian soybean exports: Braun

BRASILIA: Brazil’s soybean export season is off to a stellar start, and there are no signs of a slowdown anytime...

South Africa consumer inflation slows to 6.2% in April

JOHANNESBURG: Statistics South Africa (Stats SA) says consumer inflation slowed to 6.2 percent in April from 6.3 percent in March. Core...

Jordan to connect to GCC power grid through Saudi Arabia

AMMAN: Jordan will sign a memorandum of understanding in the next few days with the GCC Interconnection Authority to join...

Nepal receives Rs 481.69 bln worth of remittances in 2015/16