Economy

Honda cuts profit target as Takata air bag recalls bite

TOKYO: Japan's Honda Motor Co sliced 6.5 percent off its core annual profit forecast as… Read More

Karachi will be made terror-free, says Nawaz

KARACHI: Prime Minister Nawaz Sharif has said that terrorism will be wiped out from Karachi,… Read More

Volkswagen to recall 80,000 Audis

BEIJING: German car maker Volkswagen AG will recall 80,000 cars from its luxury division Audi… Read More

Ukraine headache grows for IMF

WASHINGTON: The International Monetary Fund is far from being done with Ukraine, its latest mega-bailout… Read More

More than 212 million people will be jobless by 2019

GENEVA: Unemployment will rise by 11 million in the next five years due to slower… Read More

Japanese companies doing more firing than hiring: report

TOKYO: More than half of Japanese who are laid off will still be out of… Read More

Russians keep calm and shop on in face of rising prices

MOSCOW: For shoppers like pensioner Tatiana Ivanovna buying their weekly groceries in a Moscow supermarket,… Read More

Oil prices dip further in Asian trade

SINGAPORE: Oil prices on Tuesday slipped further toward six-year lows in Asia after major crude… Read More

‘Investment, economy linked to elimination of terrorism’

ISLAMABAD: Federal Information Minister Pervaiz Rasheed has said the revival of economy was top priority… Read More

"Half hour enough if PTI wants resolution of dispute," says Dar

ISLAMABAD: Finance Minister Ishaq Dar Monday said that the matter of a judicial commission to… Read More

Two Filipinos dead, 16 missing in ship sinking: govt

MANILA: Two Filipino sailors have died and 16 others are missing after their cargo ship… Read More

Afghanistan faces economic timebomb as NATO war ends

KABUL: The Taliban insurgency may still be raging but the poor state of the economy… Read More

Ukraine economy shrank 7.5pc in 'worst year since WWII'

KIEV: Ukraine's central bank chief said on Tuesday that the strife-torn country's economy contracted by… Read More

The worst is yet to come for Russia's economy

MOSCOW: Deep recession, skyrocketing prices and a fragile banking system: although the ruble seems to… Read More

Germany, France eye joint projects to help boost EU growth

BERLIN: French finance and economy ministers obtained a pledge of support Tuesday from their German… Read More

Oil prices tumble to fresh five-year lows

SINGAPORE: Crude struck fresh five-year lows in Asia Tuesday, with analysts forecasting further falls owing… Read More

Tests confirm remains of one of 43 abducted Mexican students: source

MEXICO CITY: Tests have identified the remains of one of 43 trainee teachers abducted 10… Read More

US policies have failed in South Asia: Asif

ISLAMABAD: Defence Minister Khawaja Muhammad Asif has said that the policies of United States have… Read More

JPMorgan says improved systems and controls after FX rigging probe

LONDON: Wall Street bank JPMorgan, fined $662 million by UK and US regulators for failings… Read More

UAE economy recovering at fast pace: IMF

DUBAI: The United Arab Emirates economy, the Arab world's second largest, is recovering at pace… Read More