Brussels / AFP India’s prime minister will hold talks with EU leaders in Brussels, seeking …
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Mallya offers to repay $904mn of defunct airline loans
MANILA / AP Vijay Mallya, the former Indian billionaire now hounded by creditors, offered lenders …
Read More »Nepal asks India to supply 15k tonnes of LPG
Kathmandu / DPA Nepal Oil Corporation (NOC) has written to the Indian government requesting a …
Read More »Samsung launches mobile payment service in China
Seoul / AFP South Korea’s Samsung announced the launch of its mobile payment service in …
Read More »Asia economy to grow 5.7%: ADB
MANILA / AP Softer growth prospects for China and a weak recovery in major industrial …
Read More »BOK warns growth of economy to dip below 3pc
Bloomberg Bank of Korea (BOK) Governor Lee Ju Yeol warned on Wednesday that economic growth …
Read More »National Bank of Kenya puts CEO on leave before audit
Bloomberg National Bank of Kenya Ltd. placed Managing Director Munir Ahmed on compulsory leave pending …
Read More »South Africa’s Capitec profits rise as client numbers climb
JOHANNESBURG / Reuters South African lender Capitec Bank Holdings reported a 26 percent rise in …
Read More »ECB will not take rates to ‘absurdly’ negative levels
Frankfurt / Reuters The European Central Bank (ECB) will not move interest rates into absurdly …
Read More »Red flag rising for India’s finances as remittances shrink
Bloomberg India’s most reliable source of foreign funding is under threat. Remittances fell to $15.8 …
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