Mazda plans $1.25 bn capital increase
Tweet Tokyo: Mazda Motor Corp. is mulling an increase of its capital amounting to 100 billion yen (about $1.25 billion) by issuing new shares in an attempt to shore up its financial condition, according to media reports Tuesday. The automaker, expecting to log a group net loss of 100 billion yen in the business year [...]
Tweet Manila: Nearly 25,000 people in southern Philippines have been displaced by flashfloods triggered by heavy rains, the authorities said Monday. The Lambayong township of Sultan Kudarat province and villages in the provinces of Agusan del Norte and Surigao del Norte were affected by the flooding due to rains since Sunday, Xinhua reported. Civil defence [...]
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Tweet Beijing: China’s largest search engine site Baidu’s profits surged by 77 percent to 2.05 billion yuan ($326.3 million) in the fourth quarter of last year. Baidu, which has about 73 percent share of China’s search engine market, said in a stock exchange filing Friday that revenue in the three months ending Dec 31 jumped [...]
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Tweet Beijing: Chinese retailers have stopped sales of Apple’s iPad as the trademark dispute between Apple and the China-based tech company Proview intensified. Suning, the country’s leading electronics seller, said Friday it was halting sales of iPad, following similar actions by major online shopping sites like Amazon.cn and 360buy.com. At a press conference Friday, Proview [...]
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Tweet Islamabad:At least 25 people were killed and over 50 others were injured in a suicide blast that hit a mosque Friday in Pakistan’s northwest tribal Kurram Agency that borders Afghanistan, media reports said. The attack took place at about 1.50 p.m. local time when a suicide bomber rammed an explosive-laden vehicle into a mosque [...]
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Tweet Islamabad: Eleven people were killed in US drone attacks in northwest Pakistan Thursday. Seven people died when drones targeted a militant hideout in Miransha of North Waziristan. Four more were killed when missiles hit a vehicle suspected of carrying militants in Mir Ali area of North Waziristan, Xinhua quoted the local ARY TV as [...]
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Tweet New Delhi:Two people could have executed the bomb attack on the Israeli embassy car, one who planted the device and the other who triggered it, sources among investigators said Tuesday. They did not rule out the possibility of an Indian Mujahideen hand in the terror strike. The sources admitted that investigators still have no [...]
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Tweet New Delhi: Iran Monday rubbished Israeli accusations about its alleged involvement in attacks on Israeli personnel in India and Georgia, saying they are “untrue and sheer lies.” “Any terrorist attack is condemned (by Iran) and we strongly reject the untrue comments by an Israeli official,” Iran’s Ambassador to India Seyed Mehdi Nabizadeh told IRNA, [...]
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Tweet Male: Ending a week of political turmoil, the Maldives Saturday invited tourists to its world’s top luxury resort destinations assuring complete safety and protection. Maldivian president Mohamed Waheed Hassan who was newly appointed as the head of the state of Indian Ocean archipelago told media despite political crisis over the week no tourists have [...]
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Tweet Manila:At least 44 people were killed after an earthquake measuring 6.7 on the Richter scale jolted a central Philippines province Monday, Xinhua quoted a military official as saying. The temblor struck the Negros Oriental province. According to the US Geological Survey (USGS), the quake struck at 11.49 a.m. about 70 km from the coastal [...]
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