Business

Qatar stock index drops 78 points 08 Jun 2015 - 04:34 pm

DOHA: Qatar Stock Exchange (QSE) index dropped 78 points, or 0.66 percent, when the bourse closed Sunday at 11,903.08 points compared to 11,981.98...

Qatar Airways announces Abha as eighth destination to Saudi Arabia 08 Jun 2015 - 04:04 pm

DOHA: Qatar Airways, which currently operates 82 weekly flights to seven key cities in Saudi Arabia, announced its eighth destination, Abha. Qatar’s national...

Slide in China's May imports signal need for more stimulus 08 Jun 2015 - 01:49 pm

A Chinese ship is anchored at Port of Santos while being loaded with soybeans in Santos May 19, 2015. BEIJING: A bigger-than-expected slide...

Greek government eyes compromise with lenders, rules out snap polls 08 Jun 2015 - 01:42 pm

A Greek national flag flutters atop the parliament building in Athens June 4, 2015. ATHENS: Greece's government considers its reforms proposal to lenders...

Hong Kong stocks up 0.33% at lunch 08 Jun 2015 - 12:53 pm

Hong Kong---Hong Kong stocks edged up 0.33 percent Monday morning as another batch of weak Chinese trade data fuelled hopes for more economy-boosting...

China economy shows more weakness, imports, exports fall 08 Jun 2015 - 12:48 pm

Beijing---Chinese imports fell for a seventh straight month in May while exports also sank, data showed Monday, as the world's second biggest economy...

Oil down after OPEC meeting, eyes on Iran talks 08 Jun 2015 - 12:32 pm

Singapore---Oil prices fell in Asia Monday after OPEC decided to maintain its high output levels, while traders were also weighing the possible return...

Dollar still strong after US jobs report 08 Jun 2015 - 12:29 pm

Tokyo---The dollar held steady in Asia on Monday after soaring on a strong US jobs report that sparked talk the Federal Reserve would...

Asia stocks retreat as US jobs data fuel rate hike talk 08 Jun 2015 - 12:27 pm

Hong Kong---Asian markets mostly fell on Monday, with a better-than-forecast US jobs report fuelling talk of an early interest rate hike, while the...

Japan's revised Q1 growth over expectations 08 Jun 2015 - 12:25 pm

Tokyo----Japan posted stronger-than-expected growth in the first quarter as a pickup in capital spending drove the world's number three economy, but some economists...

Tokyo stocks open 0.38% higher 08 Jun 2015 - 11:57 am

Tokyo---Tokyo stocks opened 0.38 percent higher Monday, after upbeat Japanese growth data as well as a positive US jobs report that pushed the...

Hong Kong stocks open 0.41% lower 08 Jun 2015 - 11:55 am

Hong Kong---Hong Kong stocks fell 0.41 percent in the first few minutes of trade Monday after strong US data raised expectations the Federal...

Tokyo stocks down 0.21% by break 08 Jun 2015 - 11:51 am

Tokyo---Tokyo stocks lost early gains to finish Monday morning's session down 0.21 percent, despite upbeat Japanese growth data and a weak yen. The...

China May imports down 18.1%, govt 08 Jun 2015 - 11:49 am

Beijing---China's imports fell 18.1 percent year-on-year to 803.33 billion yuan ($129.4 billion) in May from the same month last year, official customs data...

Japan January-March growth revised, govt 08 Jun 2015 - 11:04 am

Tokyo---Japan's economy grew much more than initially thought in the first quarter, revised data showed Monday, driven by stronger capital spending. The 1.0...

Apple set to turn up music dial 08 Jun 2015 - 10:00 am

San Francisco---Apple is expected to unveil a ramped up music service Monday that builds on the iPhone maker's strengths in a challenge to...

Consortium declares Cyprus gas find commercially viable 07 Jun 2015 - 07:50 pm

Nicosia--Cyprus announced on Sunday that offshore reserves in its Aphrodite gas field have been pronounced commercially exploitable, the first such development in four...

Juncker says did not receive Greek counter-proposal on economic reforms 07 Jun 2015 - 07:23 pm

Elmau Castle, Germany--European Commission President Jean-Claude Juncker said Sunday that Athens had so far failed to provide a list of alternative reforms, after...