Xinhua, NEW YORK: Oil prices fell on Friday as Hurricane Irma drove towards US state of Florida. Irma, which is the second hurricane to approach United States in two weeks, could knock out refineries and cause fuel shortages in the next few days. Statistics showed Irma’s predecessor Harvey shut…

AFP, MANILA: The Association of Southeast Asian Nations (ASEAN) is to sign a free-trade agreement with Hong Kong in November, a Philippine government official said yesterday, following three years of talks. The Chinese special administrative region began free-trade negotiations with ASEAN in 2014, four…

Johora Bebe has joined Meghna Bank Limited as additional managing director, the bank said in a press statement recently. Prior to joining in the bank,…

AFP, BRUSSELS: EU finance ministers are set to discuss changing rules so that tech giants such as Google or Facebook are on the hook to pay more taxes in Europe, according to an EU document seen by AFP on Friday. European regulators have become increasingly aggressive against US technology giants seen…

AFP, BEIJING: China's factory price inflation, a key barometer of the industrial sector, accelerated sharply in August, reflecting strong demand and a reduction in excess capacity which has plagued China's economy. The producer price index (PPI), which measures costs for goods at the factory…

AFP, OTTAWA: Canada's unemployment fell to its lowest rate in nine years last month, Statistics Canada said Friday. The unemployment rate dropped 0.1 percentage point to 6.2 per cent as the economy added 22,000 jobs in August, primarily in finance, insurance and real estate, and among workers aged…