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Just in:   • Sensex down 46 points in morning trade  • EU regulators seek tax transparency from cos  • Govt revises MDA scheme to push exports  • Singapore's exports fall again in third quarter  • SBI profit drops 18.5 pc in Jan-Mar quarter  Last updated: 19 Jul, 2012    Global Business EU regulators seek tax transparency from cos IANS/EFE | 24 May, 2013 The European Commission said Thursday that it is working on a proposal to require corporate giants with operations in the European Union to publicly report profits, taxes paid and subsidies received on a country-by-country basis. .    Read more.... Singapore's exports fall again in third quarter IANS | 24 May, 2013 Singapore's external trade continued to fall in the first quarter of this year, with declines for total trade, non-oil domestic exports (NODX) and non-oil re-exports (NORX), the city-state's trade promotion agency, International Enterprise Singapore, said Thursday..    Read more.... Brazil to hold oil auction IANS/EFE | 24 May, 2013 Brazil's first auction of contracts to develop offshore oil and gas reserves in the pre-salt region will be held in October, or earlier than previously scheduled, the government said Thursday..    Read more.... Li's visit went beyond symbolic: Pakistani daily IANS | 24 May, 2013 Chinese Premier Li Keqiang's two-day Pakistan visit "went beyond the symbolic", said a daily which noted China is a wealthy neighbour that "does not hand out free lunches"..    Read more.... EU leaders hold summit on tax evasion IANS/EFE | 23 May, 2013 The heads of state and government of the European Union held a summit Wednesday in an effort to make more progress in fighting tax evasion and tax fraud. .    Read more.... Japan's economy reviving: BOJ IANS | 23 May, 2013 "Domestic demand remains resilient due to the effects of the monetary relaxation measures" and the recently-approved stimulus policies, the Bank of Japan said in a statement. .    Read more.... Spain's home sales dip in first quarter SME Times News Bureau | 23 May, 2013 The 54,512 home sales recorded in Spain in this year's first quarter represent a decline of 21.5 percent from the same period in 2012, the development ministry said..    Read more.... China to import gas from Turkmenistan IANS/RIA Novosti | 23 May, 2013 China will import gas from the world's second largest gas reserve in the Central Asian republic of Turkmenistan..    Read more.... Chinese premier arrives in Pak for official visit IANS | 22 May, 2013 Chinese Premier Li Keqiang arrived in Islamabad on Wednesday for an official visit to Pakistan, aiming to deepen friendship between the two neighbouring countries..    Read more.... China may act againt EU wine imports IANS | 22 May, 2013 China is likely to make a substantive move this year toward initiating an anti-dumping investigation into wine imported from the eurozone, according to Xinhua ..    Read more....     Customs Exchange Rates Currency Import Export US Dollar 55.30 54.35 UK Pound 84.50 82.50 Euro 71.80 70.00 Japanese Yen 54.40 53.00 As on 24 May, 2013   Daily Poll Do you think banks will lower lending rates after recent RBI rate cut?  Yes  No  Can't say

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