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Business - Page 365

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G20: Japan wants sales tax hike to ease pain

Japan will tell G20 nations at a summit this week that it will proceed with a planned two-stage sales tax hike, and consider compiling an extra budget for fiscal spending to ease

3rd September 2013
Business

Microsoft to buy Nokia phones, Elop next CEO?

Microsoft said it will buy Nokia's phone business and license its patents for 5.44 bln euros ($7.2 bln), making its boldest foray yet into mobile devices and bringing executive Stephen Elop back

3rd September 2013
Business

Global factory data boost Asia stocks, yen slips

Upbeat factory data from around the globe powered Asian markets on Tuesday, while gold and the yen lost some of their safe-haven appeal as the U.S. delayed a possible strike on Syria.

3rd September 2013
Business

FXTM website now available in world’s most spoken language

Forex Time Ltd (FXTM) has launched a new Mandarin Chinese language website to support traders with content in the world’s most spoken language. With more than 1 billion people across the world

2nd September 2013
Business

South Africa banking system outlook remains negative

The outlook for South Africa's banking system remains negative, Moody's Investors Service said in a new report but that the banks' resilient core earnings-generating capacity and ample capital buffers partly offset the

2nd September 2013
Business

Asia shares, Aussie dollar up; Copper prices rise, gold and oil fall

Asian shares climbed to a two-week high on Monday, and the Australian dollar and copper gained, as China said its manufacturing expanded in August at the fastest pace in more than a

2nd September 2013
Business

Privatisation process to remain in Greece

Greece dismissed a proposal by euro zone officials to hand over the management of its real estate assets to a holding company based overseas, saying the country would stay in charge of

2nd September 2013
Business

Obama: “We cannot let Assad get away”; planning ‘limited, narrow’ response

The United States made clear on Friday that it would punish Syrian President Bashar al-Assad for the "brutal and flagrant" chemical weapons attack that it says killed more than 1,400 people in

31st August 2013
Business

Euro shares dip to 6-week low; energy top decliners

European shares hit a six-week closing low on Friday as reduced chances of an immediate military strike on Syria weighed on energy equities due to weakened oil prices, although longer-term market outlook

30th August 2013
Business

Alpha Bank profit beats forecasts; to sell Ukraine subsidiary

Greece's third-largest bank Alpha swung to a net profit in the first half, helped by lower funding costs and rising income from lending. The bank earned a net 2.73 bln euros ($3.6

30th August 2013
Business
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