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Nissan to build cars in Myanmar for first time

Yangon / AFP Japanese auto giant Nissan will start assembling cars in Myanmar for the first time this year, the company said on Wednesday, as it expands its presence in one of Asia’s final economic frontiers. Foreign companies have piled into the Southeast Asian nation since reforms began in 2011, eager to tap into a 51.5 million-strong pool of potential ...

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Japan’s economic woes cast shadow on Abe’s twin poll option

Tokyo / Bloomberg With Japan’s economy shrinking, the stock market in turmoil, and a stronger yen threatening export earnings, Prime Minister Shinzo Abe’scalculus on whether to call a snap general election this summer has suddenly grown more complicated. Another win in the lower chamber along with an expected victory in the upper house vote set for the summer could allow ...

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Emirates Securities Market index up by 0.16 percent

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.16% to close at 4168.24 points. Accordingly the Market Capitalization has gained AED1.09 Billion attaining AED 676.14 Billion. A total of 454.37 Million Shares were traded with a total value of AED0.52 Billion during the trading session of 17-02-2016 through 5465 transactions. The number of companies which has been ...

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