Lebanon’s tourism sector suffers with lack of Gulf tourists
The road was empty. Dried leaves danced on vacant sidewalks, their rustling clearly audible as they rolled on the ground. Gazing upon the scene...
Is Kuwait on the verge of an economic crunch?
The Central Bank of Kuwait recently issued the 2015 economic report, highlighting some economic facts worth analyzing. The report pointed out that gross domestic product...
Are demonetised notes striking gold?
DEVESH K. PANDEY Financial investigation agencies have gathered prima facie evidence suggesting that a number of jewellers and foreign exchange operators in the country indulged...
Oil prices slip as persistent fuel glut returns to focus
Oil prices slipped on Friday as the market refocused on a persistent fuel supply overhang that is not expected to abate unless OPEC and...
Indian rupees: Holders of notes abroad face tough battle
People outside of India holding discontinued 500 and 1,000-rupee (£6; £12) notes face difficulties exchanging them, BBC research has found. British banks are generally...
Singles Day: Alibaba closes in on record sales
E-commerce giant Alibaba may smash the sales record for its annual Singles Day event. About 15 hours into the event, sales had reached 91.2bn...
Amazon to spread Black Friday sales over two weeks
Online giant extends discounted deal period, starting offers on 14 November, as retailers gear up for consumer rush. Amazon is to extend its Black Friday...
Asia’s emerging currencies plunge amid fears of Trump trade barriers
Concerns about possible US inflation also acted to push the US dollar higher against units such as the Indonesian rupiah and Malaysian ringgit. Asia’s emerging...
Business winners and losers from a Donald Trump presidency
Nick Fletcher | Nov 11, 2016 Coal, pharmaceutical companies and mining groups can all expect to benefit, while renewables are out in the cold. Winners Pharmaceuticals, Infrastructure companies,...
Why OPEC Still Can’t Get Iran To Cut Oil Production
OPEC members have in recent months repeatedly met to discuss production cuts. The cartel’s members are suffering from the dramatic decline in oil prices...
527 South Koreans to sue Samsung on Galaxy Note 7 recall
SEOUL, South Korea — Hundreds of South Korean Galaxy Note 7 smartphone owners were preparing Monday to file a lawsuit against Samsung Electronics over...
Afghan farmers struggle to sell pomegranates
Farmers in Afghanistan have harvested a bumper crop of pomegranates. What sounds like good news is actually causing a headache. Trade restrictions and tension...