MillenniumPost

German economy too in crisis? Industrial output and exports fall

11 Feb 2016 3:52 AM IST
An unexpected drop in German industrial production in December, as well as a decline in exports, cast a shadow over the outlook for Europe's biggest...

China forex reserves fall almost $100 bn in January

8 Feb 2016 6:34 AM IST
China’s foreign exchange reserves have fallen to their lowest level in more than three years, the central bank said on Sunday, as Beijing sells...

Canon profit darkens 13.6% on weak camera demand

29 Jan 2016 4:42 AM IST
Japan's Canon on Wednesday said that annual net profit fell 13.6 per cent last year owing to weak demand for cameras in emerging economies and a...

US Apple logs slowest iPhone sales growth since 2007 launch

29 Jan 2016 4:40 AM IST
Apple has reported the slowest sales ever of its market-leading iPhone, after years of rocketing growth, but the tech giant still posted record...

US Soros, West’s traders have ‘declared war’ on yuan: Chinese media

29 Jan 2016 4:34 AM IST
Chinese state media stepped up a salvo of biting commentaries on Wednesday against George Soros and other currency traders as the yuan comes under...

Japan’s Toyota pips German VW, US GM; is world sales champion

29 Jan 2016 4:30 AM IST
Toyota kept its title as the world’s biggest automaker on Wednesday after posting global sales of 10.15 million vehicles for 2015, outpacing...

Thousands protest against US-led Pacific trade deal

25 Jan 2016 3:06 AM IST
Thousands of protesters on Saturday gathered in Kuala Lumpur to denounce the US-led Trans-Pacific Partnership (TPP) trade alliance, demanding the...

Iran orders oil output hike of 5,00,000 barrels per day

20 Jan 2016 5:26 AM IST
Iran on Monday ordered as planned an increase in its oil production of 500,000 barrels per day following the lifting of sanctions under its nuclear...

China’s Haier to buy American GE’s appliance biz for $5.4 bn

17 Jan 2016 5:04 AM IST
US industrial giant General Electric will sell its appliances business to China’s Haier Group for $5.4 billion, it said on Friday, in one of the...

Internet set to cut cord with US govt this year

16 Jan 2016 5:30 AM IST
A plan to end a key US government oversight role on the Internet is on track for completion this year, the head of the online address gatekeeper said,...

Govts urged to support scrambling digital data

14 Jan 2016 3:42 AM IST
An open letter has been posted by Internet freedom advocates who called on governments to back tough encryption of digital data to keep people’s...

China 2015 auto sales growth hits three-year low

14 Jan 2016 3:38 AM IST
Vehicle sales in China, the world's largest car market, increased at their slowest pace in three years in 2015, industry group data showed on Tuesday,...
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