World Business

Taiwan eases restrictions on economic ties with China

Taipei - Taiwan eased restrictions on economic ties with China on Thursday to prepare for the arrival of Chinese tourists and for easing tension with China.

Hyundai chairman babysits instead of being imprisoned

Seoul - The chairman of Hyundai Motor Co has been cleaning rooms and feeding and bathing abandoned babies at a Catholic welfare centre as penance for his embezzlement conviction.

Oracle posts 27-per-cent higher profit

San FranciscoOracle - Enterprise software maker Oracle posted a 27-pe

Shariah compliant India Islamic Index launched to tap Gulf investors

New Delhi, June 25 : To make investment moral and ethical and to attract Gulf based investors, the India Islamic Index comprising of Indian publicly listed companies which are Shariah compliant, wa

OPEC crude price sets yet another record

OPECVienna - The price for crude oil produced by the Organization of Petroleum Exporting Countries (OPEC)

Barclays says wealthy investors ready to inject cash

London - Britain's Barclays Bank Wednesday announced a major fund-raising move to shore up its finances, asking for a cash injection of 4.5 billion pounds (9 billion dollars) from wealthy overseas

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