DHAKA — Japan’s Honda Motor signed a joint venture deal with Bangladesh’s state-owned steel corporation BSEC on Thursday to assemble motorcycles for the South Asian nation’s booming economy, officials said.
DHAKA — Japan’s Honda Motor signed a joint venture deal with Bangladesh’s state-owned steel corporation BSEC on Thursday to assemble motorcycles for the South Asian nation’s booming economy, officials said.
Britain’s recession-hit economy shrank by slightly less than thought in the second quarter compared with output in the first three months of the year, official data showed on Thursday.
World stocks moved modestly higher on Thursday, underpinned by speculation that China’s central bank will ease monetary policy next week when Chinese and Hong Kong markets are closed for an extended holiday.
Spain takes a big axe to spending on Thursday when it unveils a new budget for 2013, unswayed by angry protests but bowed by markets anticipating a full sovereign bailout, and soon.
Asian markets rose on Thursday on hopes for fresh Chinese stimulus as well as bargain buying, but gains were mostly capped as fears over Spanish and Greek debt returned to the fore.
As world shares fell sharply and violent protests in eurozone countries over austerity measures unnerved investors across the globe, Gulf stock markets retreated on Wednesday.
Spain will announce a series of economic reforms and a tight 2013 budget on Thursday, aiming to avoid the political humiliation of having Brussels impose conditions on a request for an international bailout.
India’s finance minister said onThursday that the government was preparing new economic reforms as it focuses on kickstarting investment in the sharply slowing economy.
The International Monetary Fund, or IMF, is set to cut its forecast for global growth next month with uncertainty over whether European policymakers will keep promises to address the eurozone crisis weighing on confidence, the head of the IMF said.
The Jashanmal Group, a conglomerate with multi-channel activities in the GCC and India, has opened its largest luxury home store at The Dubai Mall.