Finance

Finance

samsung electronics Q3 profits fall 2014

Samsung Electronics’ Q3 profit falls to lowest in three years

Smartphone maker Samsung Electronics' Q3 profit plunges by 60 percent. Slowing smartphone sales have led Samsung Electronics to clock a quarterly profit said to be...
Indonesia set to build 165 airports_Soekarno-Hatta plans

Indonesia set to build 165 airports in 2015

Government of Indonesia set to build 165 airports across the country by next year. Indonesia is set to build 165 airports by 2015, as the government has...

Malaysian banks CIMB, RHB, MBSB submit merger plans

Three Malaysian banks CIMB, RHB, MBSB's joint proposal to merge to central bank BNM. Malaysian banks CIMB Group Holdings, RHB Capital and Malaysia Building Society...

Singapore banks to get approval for operation in Myanmar

Two Singapore banks have received preliminary approval for foreign bank licenses to operate in Myanmar. Oversea-Chinese Banking Corporation (OCBC Bank) and United Overseas Bank (UOB) are two Singapore...

South Korea plans record budget for 2015

South Korea to spend $363 billion in 2015 to counter economic crisis. In order to cushion South Korean economy from the global economic crisis and slump in...

Malaysian Battersea consortium gets £1.35 billion financing

The Malaysian Battersea consortium has so far secured loans amounting to £2.09 billion. In order to redevelop the 50 billion Malaysian Ringgit Battersea Power Station (BPS)...

Bangladesh to join $50 billion BRICS Bank

Post prime minister's go ahead, Bangladesh to join $50 billion BRICS Bank. Bangladesh has expressed its willingness to join the $50 billion BRICS Bank in...
Tata Motors sees 8 percent hike in profits

Tata Motors sees 8 percent hike in profits

With a three-fold rise since November 2013, India's Tata Motors sees 8 percent hike in profits. India's largest automaker, Tata Motors sees 8 percent hike...
Jet Airways reports loss first quarter

India’s Jet Airways shows $35 million loss in Q1

India's second largest airline by market share, Jet Airways shows $35 million loss in Q1. Announcing its sixth quarterly drop in a row, India's Jet...

WH Group shares increase by 10% on Hong Kong stock market debut

China's WH Group has a successful first round at the Hong Kong stock exchange. Chinese pork firm - WH Group - witnessed a 10% surge...
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