Business

Shenzhen, China: Chinese e-commerce giant Alibaba Group Holding said it racked up more than $5 billion in transactions in the first hour of its annual...

Shanghai: Walt Disney said its new $5.5 billion Shanghai theme park attracted four million visitors in its first four months and will be close to breaking...

Mumbai: The standoff between Tata Group’s patriarch and his estranged successor intensified in India’s biggest feud since a quarrel between the...

Hong Kong: There is much uncertainty in Asia over what US President-elect Donald Trump will do when he takes office next year, but markets seem sure of two...

New Delhi: Queues outside banks grew longer as did confusion and chaos, with all cash vending machines still not functioning despite a two-day break for...

Job visa fees for expat workers in Oman will be increased by 50 per cent, according to the announcement made by the Ministry of Manpower. This has continued...

Mumbai: Indian Prime Minister Narendra Modi’s biggest move to fight tax evasion and graft can add $45 billion to India’s budget, or about three times...

Tehran: Iran signed a $4.8 billion natural gas development project with energy giants Total SA and China National Petroleum Corp., marking the first joint...

Cairo: Egypt secured $2 billion in financing from international banks a day before the International Monetary Fund’s board meets to consider a $12 billion...

Muscat: Employers who force their workers to pay visa fee increases are acting illegally, a chamber of commerce member has warned. The government announced...