Business

China opens up $10trn bond market 04 Jul 2017 - 12:45 am

Shanghai: China yesterday widened access to its $10 trillion bond market, which analysts said will boost Beijing’s drive to internationalise the yuan and...

Trading session at Pakistan Stock Exchange 04 Jul 2017 - 12:45 am

Pakistani stockbrokers watch an index board displaying the latest share prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi...

Porsche unveils most powerful 911 of all time 04 Jul 2017 - 12:45 am

The new Porsche 911 GT2 RS celebrated its world premiere at the Goodwood Festival of Speed in the UK (June 30 to July...

QIB launches new signature credit card for ladies 04 Jul 2017 - 12:27 am

Qatar Islamic Bank (QIB) has introduced a new VISA Signature credit card dedicated to its ladies customers. The launch of the QIB ladies...

Euro & pound fall back against dollar 04 Jul 2017 - 12:27 am

London: The euro and pound fell against the dollar Monday after rallying last week when central banks signaled tighter monetary policy in reaction...

Qatar Stock Exchange index gains 114.37 points 04 Jul 2017 - 12:27 am

Qatar Stock Exchange (QSE) benchmark index gained 114.37 points, 1.30 percent, when the bourse closed trading at 8,936.52 points yesterday. The volume of...

Tesla's Model 3 car to go on sale from Friday 04 Jul 2017 - 12:27 am

New York: Tesla’s first lower-priced Model 3 will come off the assembly line Friday, two weeks early, CEO Elon Musk announced yesterday. “Model...

Indonesia hopes for additional $10bn inflows after S&P upgrade: President 04 Jul 2017 - 12:27 am

Jakarta: Indonesia is hoping for additional inflows worth $10bn from pension funds and other institutional investors over the next two years following Standard...

Gold hits 7-week low as dollar firms, Treasury yields climb 04 Jul 2017 - 12:26 am

LONDON: Gold slid to a seven-week low on Monday as the dollar pared losses after its worst quarterly performance in seven years and...

BoE staff to strike for higher pay 04 Jul 2017 - 12:26 am

London: Bank of England (BoE) staff have voted to hold their first strike in more than 50 years in a push for higher...

BGEO to demerge into London listed firms 04 Jul 2017 - 12:13 am

Bengaluru: BGEO Group Plc, the holding company of JSC Bank of Georgia, said it intended to demerge into two London-listed firms - a...

Japan business confidence hits three-year high 04 Jul 2017 - 12:13 am

Confidence among Japan’s biggest manufacturers has risen for the third straight quarter to the best level in more than three years, a key...

Wal-Mart upgrades to Angus beef in grocery war 04 Jul 2017 - 12:13 am

New York: Wal-Mart Stores Inc has upgraded its beef to certified Angus across the US as the fight for food shoppers’ cash intensifies....

Oil resumes longest rally since 2012; OPEC output a concern 03 Jul 2017 - 05:11 pm

LONDON: Oil pared earlier losses on Monday, resuming its longest stretch of daily rallies in more than five years after data pointed to...

Hong Kong, Shanghai stocks end with gains 03 Jul 2017 - 11:24 am

Hong Kong: Hong Kong and Shanghai stocks ended the day with small gains on Monday, having swung in and out of positive territory,...

China opens up $10 trillion bond market in liberalisation step 03 Jul 2017 - 10:39 am

Shanghai: China on Monday widened access to its $10 trillion bond market, which analysts said will boost Beijing's drive to internationalise the yuan...

Japan stocks up but ruling party's election defeat weighs 03 Jul 2017 - 10:06 am

Tokyo: Tokyo stocks edged up Monday but a pick-up in business confidence was offset by caution after Prime Minister Shinzo Abe's ruling party...

Baidu leads China’s self-driving charge in Silicon Valley 02 Jul 2017 - 11:24 pm

Baidu, China's leading internet search company, is set to announce the first vehicle manufacturing partners for its self-driving software, including Chery Automobile, one...