| AirAsiaX plans huge fleet expansion with IPO
 Malaysian long-haul budget carrier AirAsia X said Monday it plans to use proceeds from a public listing to more than triple its fleet in the next ... Saudi- MoL says homes of illegals will be raided after July 3 The Ministry of Labor has firmly said it will not spare any establishment from its inspection raids, including houses. The ministry has vowed ... Saudi- S&P revises ratings on Saudi banks to positive from stable Standard & Poor's Ratings Services said yesterday it revised to positive from stable its outlooks on Saudi Arabia-based Arab National Bank, ... London-based Ocean Thermal Energy to sell shares, raise USD12.4m
UK-based Ocean Thermal Energy Plc stated that it plans on raising USD12.4 million by selling shares on London's Alternative Investment Market, reported ... India's rupee hits record low against the dollar
 India's rupee hit a record low of 57.54 against the dollar on Monday, on growing demand for dollars among oil importers, while the greenback was also ... Non-profit news outlets face challenges
 Non-profit news organizations have been making an impact in the US market but face financial challenges similar to those of their commercial ... Chinese banks cut lending in May
 Chinese banks scaled back lending in May from April, the central bank said, prompting analysts to warn of threats to growth in the world's second ... Kuwait- Forged currency in circulation - Egyptian, Pakistani held Police have arrested two persons - an Egyptian and a Pakistani - for possessing forged Kuwaiti bank notes, reports Al-Shahed daily. The ... UAE, Qatar to see $3 billion inflow surge The UAE and Qatar will see a gradual surge in foreign investment inflows of up to $3 billion if they get elevated to the emerging market ... UAE- Emaar launches new residential project
 Emaar Properties has unveiled its newest residential development in the city. The Hills, envisaged as part of Emirates Living, the pioneering ... Kuwait- Bedoun 'bags' KD 50,000 in wedding pledge The Jahra police have arrested a five-man gang - three Syrians and two bedoun - in connection with theft and armed robbery, reports Al-Rai ... Ukrainian teen prostitutes find way back into society
 Sasha, 17, hides her face under the brim of her baseball cap as she recounts how a lack of food and clothing in her boarding school three years ago ... Kabul airport targeted in militant suicide attack
Militants launched a suicide and grenade attack on Kabul airport early Monday, taking over a nearby building which security forces ... Japan PM hints at possible tax hike delay
Japans consumption tax hike to be delayed Japan's Prime Minister Shinzo Abe said Sunday an upper house election will take place on ... 13 dead, dozens missing as boat sinks off Australia
Thirteen people were confirmed dead and dozens missing after a suspected people-smuggling boat sank off Australia's remote Christmas Island, ... | 
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