Business

Asian markets mostly up, euro holds gains 15 May 2015 - 12:52 pm

Hong Kong - Asian markets mostly advanced Friday following a healthy rally on Wall Street, while Tokyo was supported by a weaker yen...

Tokyo shares close 0.83% higher after Wall Street rally 15 May 2015 - 12:27 pm

Tokyo - Tokyo stocks rose 0.83 percent Friday, as several firms announced share buy-backs and after the S&P 500 surged to another record...

Dollar ticks up in Asia after several days of losses 15 May 2015 - 11:17 am

Tokyo - The dollar ticked up against the yen and euro on Friday after days of losses linked to weak US data that...

FDI into China rises in April: govt 15 May 2015 - 11:13 am

Beijing - Foreign direct investment (FDI) into China jumped more than 10 percent year-on-year in April, the commerce ministry, accelerating significantly from previous...

Hong Kong shares up 0.49% at lunch 15 May 2015 - 11:08 am

Hong Kong - Hong Kong stocks finished the morning session 0.49 percent higher Friday, in line with a broad regional advance following a...

Oil prices mixed in Asian trade 15 May 2015 - 10:47 am

Singapore - Oil prices sank in Asia Friday on concerns about unrelenting global production levels despite lofty supplies, analysts said. US benchmark West...

Tokyo stocks up 0.51% by break after record Wall Street close 15 May 2015 - 10:12 am

Tokyo - Tokyo stocks rose 0.51 percent Friday morning, picking up a strong lead from Wall Street where the S&P 500 surged to...

Asian markets mostly up after Wall St surge 15 May 2015 - 10:08 am

Hong Kong - Asian markets mostly advanced Friday following a healthy rally on Wall Street, while Tokyo was supported by a weaker yen....

S. Korea leaves interest rate at record low 15 May 2015 - 10:02 am

Seoul - South Korea's central bank left its key interest rate unchanged at a record low of 1.75 percent on Friday, following signs...

Hong Kong stock up 0.63% at open 15 May 2015 - 09:56 am

Hong Kong - Hong Kong shares rose 0.63 percent at the start of the session Friday following a rally on Wall Street as...

Mondrian painting sells for record $50.6 m in New York 15 May 2015 - 09:37 am

New York - A painting by Dutch artist Piet Mondrian sold Thursday for $50.56 million at a Christie's auction in New York, the...

Greece risks deep recession: EBRD 15 May 2015 - 01:41 am

Tbilisi: A failure by Greece to reach an agreement with creditors could plunge the country into another “major recession,” undermining the improving outlook...

Qatar bourse index crosses 12,500 mark 15 May 2015 - 01:37 am

DOHA: Qatar Exchange (QE) benchmark index broke the 12,500 mark yesterday, defying a drop in 22 stocks. The main index hit 12,550 levels...

Honda adds to Takata air bag recalls 15 May 2015 - 01:32 am

TOKYO: Honda Motor Co yesterday recalled close to 5 million vehicles fitted with potentially faulty Takata Corp air bag inflators, as investigations showed...

European stocks rise in light holiday trade. 14 May 2015 - 09:13 pm

London - Europe's stock markets rose Thursday in light holiday trade, after Wall Street opened higher following a mixed batch of US economic...

US stocks up on mixed earnings, data. 14 May 2015 - 09:10 pm

New York - Wall Street stocks moved solidly higher early Thursday following a mixed batch of US economic data and corporate earnings. About...

Europe stocks close higher. 14 May 2015 - 08:27 pm

Paris - Europe's main stock markets closed higher on Thursday in light holiday trade, with London's benchmark FTSE 100 index up 0.34 percent...

Canadian aircraft maker Bombardier to cut 1,750 jobs. 14 May 2015 - 08:23 pm

Montreal - Weakened by delays rolling out its new CSeries jetliners and sluggish sales of business jets, Canadian manufacturer Bombardier announced Thursday a...