French voters brace for decisive round of presidential election on May 7, 2017PARIS: French voters are preparing to return to the polling stations today (Sunday) to decide which of the two candidates will take the country’s presidency for the next five years. Unlike the neck-and-neck race in the first round of votes on April 23, the margin between centrist candidate Emmanuel Macron and far-rightist Marine Le Pen […]
Online shopping getting more popular among India’s working couples on May 2, 2017NEW DELHI: “I have a very demanding job and I like to stay indoors over the weekend to spend time with my children. Shopping for grocery online gives me the luxury to make choices at my own pace and avoid crowd for a day,” said Swasti Singh, an IT professional based in India’s Delhi. Singh […]
Listed firms post robust profit growth thanks to improving economy on May 2, 2017BEIJING: The total net profit of publicly traded Chinese firms rose 11.22 percent in 2007, boosted by an improving economy. Every listed firm on the A-share markets but one had released their financial results for 2016 and the first quarter of 2017 by Sunday. Total revenue of the 3,204 listed firms reached 32.51 trillion yuan […]
South Korea posts second-biggest monthly exports on demand on May 2, 2017SEOUL: South Korea in April posted the second-biggest monthly exports as shipments of semiconductors and ships surged to record levels, a government report showed Monday. Exports, which account for around half of the export-driven economy, topped 51 billion US dollars in April, up 24.2 percent from a year earlier, according to the Ministry of Trade, […]
Home cooked food better for health on May 1, 2017A new study suggests that the best culinary paths to better health are not always paved with cash, as cooking at home can provide the best bang-for-the-buck nutritionally as well as financially. “Traditionally better socioeconomic status – more money – means healthier people,” said Arpita Tiwari, a health systems researcher at Oregon State University (OSU). […]
Home cooked food better for health on May 1, 2017A new study suggests that the best culinary paths to better health are not always paved with cash, as cooking at home can provide the best bang-for-the-buck nutritionally as well as financially. “Traditionally better socioeconomic status – more money – means healthier people,” said Arpita Tiwari, a health systems researcher at Oregon State University (OSU). […]
China-UK cooperation on Belt & Road perfect fit on April 30, 2017LONDON: China and Britain can enjoy a mutually beneficial relationship in developing China’s Belt and Road Initiative, and one in which each partner complements the other, a UK business leader said. “Our members have historically been British businesses, and now they are beginning to be Chinese businesses coming here,” Lord James Sassoon, chairman of the […]
Zuma signs once-controversial financial intelligence bill into law on April 30, 2017CAPE TOWN: South African President Jacob Zuma has signed the once-controversial Financial Intelligence Centre Amendment (FICA) bill into law, the Presidency said on Saturday. The FICA amends the Financial Intelligence Centre Act 2001, which, along with other related acts, aims to combat money laundering and the financing of terrorism. These amendments further strengthen the transparency […]
AIIB should become platform for cooperation between US, China on April 26, 2017WASHINGTON: As a new multilateral international institution focusing exclusively on infrastructure, the Asian Infrastructure Investment Bank (AIIB) should become a platform for cooperation between China and the United States, Jin Liqun, president of the AIIB, said. In a speech at the Atlantic Council, a Washington-based think tank, Jin said there was a lot of scepticism […]
Falling jobless rate delivers positive message on Chinese economy on April 26, 2017BEIJING: China’s quarterly jobs report delivered a positive message about the world’s second-largest economy Tuesday. Official data showed that 3.34 million new jobs were created in the first quarter and the unemployment rate fell to 3.97 percent. The number of new jobs was 160,000 higher than that in the same period last year, and the […]