Business & Economics

Japan shares at two-decade top, yen at three-month low on Abe win

channelnewsasia.com

Japan shares at two-decade top, yen at three-month low on Abe win


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Big four banks set to rake in $31b in profits, boosted by rate hike 'tailwind'

smh.com.au

Big four banks set to rake in $31b in profits, boosted by rate hike 'tailwind'


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The cryptoeconomics of scaling blockchains

venturebeat.com

The cryptoeconomics of scaling blockchains


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It’s primetime for Amazon and sizzling Dow stocks

fox2now.com

It’s primetime for Amazon and sizzling Dow stocks


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GST rate structure needs some rejig to reduce burden on small businesses, says Hasmukh Adhia

indianexpress.com

GST rate structure needs some rejig to reduce burden on small businesses, says Hasmukh Adhia


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Tanzania’s first mortgage finance company starts operations

thecitizen.co.tz

Tanzania’s first mortgage finance company starts operations


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GST rate structure needs complete overhauling: Hasmukh Adhia

thehindu.com

GST rate structure needs complete overhauling: Hasmukh Adhia


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Popular Stories

Home / Business

Business & Economics - Latest Stories

  • Mall cleaner discovers wallet containing RM12,600; hands it over to management
    Mall cleaner discovers wallet containing RM12,600; hands it over to management

    , nst.com.my

    KUALA LUMPUR: A cleaner discovered a wallet containing foreign currency valued at RM12,666 at a popular shopping mall at Jalan Imbi here on Oct 9 – and promptly handed it over to the authorities. The wallet, containing 30 US dollar notes and Syrian currency, was discovered in the diaper changing room on the third floor of the shopping mall. It held no identification documents
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    Categories: Business | 
    Tags: Markets |  Currencies |  Consumers |  Shopping |  Currency market | 
    Places: Asia |  S.E. Asia |  Malaysia | 

Corporate

  • Loss-making Air India may renegotiate contracts with key vendors
    Loss-making Air India may renegotiate contracts with key vendors

    , hindustantimes.com

    The loss-making Air India is likely to relook into some existing key contracts with its suppliers, including aircraft lessors and engine makers, as it seeks to trim costs ahead of stake sale by the government. Air India chief Rajiv Bansal, who has been working on ways to improve the airline’s on time performance (OTP) and prune costs on various fronts, has set up a task force comprising four teams to put together a strategy before engaging with vendors, according to a source
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    Categories: Business | 
    Tags: Corporate |  Enterprises |  Suppliers |  Contracts | 
    Places: Asia |  S. Asia |  India | 

Markets

  • Natural gas bills going up in South Jersey. Here's how much
    Natural gas bills going up in South Jersey. Here's how much

    , nj.com

    Bills for most natural gas customers in South Jersey are set to increase as the winter heating season nears. The New Jersey Board of Public Utilities on Friday approved an increase in South Jersey's Gas Co.'s base rate. What this means is the typical residential gas customer who uses an average of 100 therms each month will see their bills increase by $14
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    Categories: Business | 
    Places: Americas |  North America |  United States |  Northeast |  Atlantic |  New Jersey | 

Finance

  • Kenyan tech firm Kocela receives African banking, technology award
    Kenyan tech firm Kocela receives African banking, technology award

    , standardmedia.co.ke

    Local financial and technology firm Kocela has been named the best Payments and Transfer Company in Africa at the African Fintech Awards. ?The? ?award? ?recognises innovative? ?and? ?disruptive? ?FinTech? ?companies? ?across the continent. During this year event, more than 6,000 finance? ?professionals? ?and? ?500? ?handpicked? ?entrepreneurs,? ?bankers? ?and investors? ?met, with the aim of growing networks,? ?extending? ?knowledge and? ?developing? ?business
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    Categories: Business | 
    Places: Kenya |  Africa |  Sub-Saharan |  E. Africa | 

Enterprises

  • The cryptoeconomics of scaling blockchains
    The cryptoeconomics of scaling blockchains

    , venturebeat.com

    In the first half of 2017, tech startups raised more money through ICOs (initial coin offerings) than VC investments worldwide combined. It took the Bitcoin blockchain network nine years to grow to $70 billion valuation; the Ethereum blockchain network took three years to reach $30 billion, a growth rate and size on par with the most successful tech startups in the world
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    Categories: Business |  Technology | 

Companies

  • Tanzania’s first mortgage finance company starts operations
    Tanzania’s first mortgage finance company starts operations

    , thecitizen.co.tz

    Dar es Salaam. Tanzania’s first Housing Finance Company Limited – 1 Housing Finance (Tanzania) Limited - has commenced operations with its paid-up capital currently standing at Sh21.8 billion. The financial institution which is sponsored by Bank M Tanzania Plc in partnership with the International Finance Corporation (IFC) - the private sector arm of the World Bank; Housing Development Finance Corporation Limited (HDFC) – India’s largest mortgage lender; the Karimjee family and Sanjay Suchak; was licenced by the Bank of Tanzania since July this year but was officially launched on Friday, the firm said in a statement on Sunday October 22
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    Categories: Business | 
    Places: Africa |  Sub-Saharan |  E. Africa |  Tanzania | 

Economia

  • GST rate structure needs complete overhauling: Hasmukh Adhia
    GST rate structure needs complete overhauling: Hasmukh Adhia

    , thehindu.com

    With the new GST regime firmly entrenched, a complete overhaul of the tax rates is now required to reduce the burden on small and medium businesses, Revenue Secretary Hasmukh Adhia has said. In an interview to PTI, he said the Goods and Services Tax (GST), which amalgamates more than a dozen central and state levies like excise duty, service tax and VAT, will take about a year to stabilise
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    Categories: Business | 
    Tags: Taxes |  Economy |  Economics |  Taxation | 
    Places: Asia |  S. Asia |  India | 

Banking Institutions

  • Big four banks set to rake in $31b in profits, boosted by rate hike 'tailwind'
    Big four banks set to rake in $31b in profits, boosted by rate hike 'tailwind'

    , smh.com.au

    The big four banks combined earnings are likely to exceed $31 billion in 2017, supported by their moves earlier this year to target property investors with higher interest rates. ANZ Bank, Westpac and National Australia Bank, who will unveil profit results over the next three weeks, are also expected to demonstrate banks are continuing to reap the benefits of historically low charges for bad loans, despite a soft economy and risks lurking in the housing market
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    Categories: Business | 
    Places: Oceania |  Australasia |  Australia |