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EU’s Airbus set to open jet production plant in US Boeing’s backyard
16 Sept 2015 5:18 AM ISTEuropean <g data-gr-id="34">jetmaker</g> Airbus is taking its fight for a bigger market share to rival Boeing's backyard today, as it...
Migrant pressure grows at Austrian border
16 Sept 2015 3:50 AM ISTTensions rose in Austria on Monday as thousands of migrants entered from Hungary, unable to travel onwards to Germany after Berlin reimposed border...
August industrial output rise 6.1% year-on-year
15 Sept 2015 5:17 AM ISTGrowth in China’s industrial production and retail sales accelerated in August, government data showed on Sunday, but the figures will do little to...
State-owned giant China Resources’ head ousted
12 Sept 2015 8:27 AM ISTThe head of giant Chinese state-owned conglomerate China Resources has been expelled from the Communist Party and stripped of his public office for...
Japan slaps embezzlement charge on Bitcoin exchange CEO Karpeles
12 Sept 2015 8:09 AM ISTJapanese prosecutors said on Friday that they have charged the head of collapsed Bitcoin exchange MtGox with embezzlement, amid fraud allegations over...
2nd largest economy China lowers 2014 GDP growth estimate to 7.3%
9 Sept 2015 4:05 AM ISTChina on Monday trimmed its growth estimate for 2014 to 7.3 per cent from 7.4 per cent, already the weakest in 25 years, in a move set to spark...
UK’s Tesco sells South Korean unit for £4 bn
9 Sept 2015 4:03 AM ISTTroubled British retail giant Tesco agreed on Monday to sell South Korean unit Homeplus to a consortium led by private equity firm MBK Partners for...
ECB holds rate steady, keeps focus on China
5 Sept 2015 4:59 AM ISTThe European Central Bank held its key rates steady on Thursday but may have to consider fresh policy measures soon to prevent deflation amid market...
China police summon scribe, 10 others over stock market dealings
28 Aug 2015 4:57 AM ISTChinese police have summoned 11 people including a financial journalist to assist investigations related to illegal stock market activities, state...
Kabul car bomb kills 3 NATO contractors
24 Aug 2015 5:03 AM ISTAt least 12 people including three NATO contractors were killed on Saturday when a suicide car bomber struck a foreign forces convoy, officials said,...
Crucial China manufacturing index tumbles to over 6-yr low
22 Aug 2015 8:21 AM ISTThe preliminary reading of Caixin’s Purchasing Manager’s Index (PMI) came in at 47.1 this month, the Chinese media group said in a joint statement...
Bitcoin exchange CEO to face fresh criminal charges
21 Aug 2015 5:22 AM ISTTokyo: Japanese police will re-arrest the CEO of collapsed Bitcoin exchange MtGox on theft allegations, reports said on Thursday, as he faces...