Business

Fujitsu shares plunge on gloomy outlook 01 May 2015 - 01:03 pm

Tokyo - Fujitsu shares plunged more than 18 percent on Friday morning after the sprawling information technology firm warned it would likely report...

S. Korea inflation at 0.4 percent in April 01 May 2015 - 12:28 pm

Seoul - South Korea's inflation rate in April remained at its lowest level since 1999, fanning concerns that Asia's fourth-largest economy is slipping...

Tokyo stocks open 0.17% lower 01 May 2015 - 12:26 pm

Tokyo - Tokyo stocks extended their losses at the open Friday, slipping 0.17 percent following a sharp drop on Wall Street as another...

Japan consumer inflation up for first time in 10 months: govt 01 May 2015 - 12:09 pm

Tokyo - Japan's core inflation picked up for the first time in 10 months in March, data showed Friday, offering a sliver of...

Greece begins crunch debt talks 01 May 2015 - 01:14 am

Greek Finance Minister Yianis Varoufakis smiles as he talks to tax office workers protesting outside the Finance Ministry in Athens yesterday. ATHENS: Greece’s...

QE sets up first investor relations programme 01 May 2015 - 01:13 am

Doha: Qatar Exchange became the region’s first stock exchange to launch a programme that rewards excellence in Investor Relations. The programme surveys the...

Qatar index gains 453 points in April 01 May 2015 - 01:12 am

DOHA: Qatar Stock Exchange index gained 453.08 points, or 3.87 percent, during April compared to March when it closed at 12,164.48 points yesterday...

Warren Buffett losing some mojo on his economic ‘moats’ 01 May 2015 - 01:11 am

NEW YORK: Warren Buffett (pictured) has carved out a core stock-picking strategy of investing in companies with strong economic “moats,” businesses that have...

Offshore wind farm 01 May 2015 - 01:10 am

FROM LEFT: Lars G Nordstroem, Chairman of the Swedish energy company Vattenfall, Magnus Hall, CEO and President, Hamburg’s Mayor Olaf Scholz, German Economy...

Sony posts $1.1bn loss, expects profit this year 01 May 2015 - 01:09 am

Tokyo: Sony booked a $1.1bn annual loss, but the struggling electronics giant said it expects to swing back to profitability in the current...

RBS returns Qatar banking licence, country head leaves 01 May 2015 - 01:08 am

DUBAI: Royal Bank of Scotland (RBS) has closed its branch in Qatar with its country head departing, RBS said yesterday, the latest step...

Qatar wealth fund to open New York office 01 May 2015 - 01:08 am

DUBAI: The Qatar Investment Authority, the Gulf Arab state’s acquisitive sovereign wealth fund, is setting up an office in New York to manage...

US data suggest economy picking up steam after weak first-quarter 30 Apr 2015 - 07:38 pm

WASHINGTON: The number of Americans filing new claims for jobless benefits tumbled to a 15-year low last week and consumer spending rose in...

Qatar Exchange and Iridium establish first investor relations excellence programme 30 Apr 2015 - 07:01 pm

DOHA: Qatar Stock Exchange today became the region’s first stock exchange to launch a programme that rewards excellence in Investor Relations. The programme...

Russia cuts key rate in bid to haul economy out of recession 30 Apr 2015 - 06:38 pm

Moscow--Russia's central bank on Thursday cut its key interest rate by 1.5 percentage points to 12.5 percent, in a bid to lift the...

Brazil's Embraer books $58.9m Q1 loss on tax, weaker real 30 Apr 2015 - 06:06 pm

Sao Paulo--Brazilian aircraft manufacturer Embraer on Thursday booked a $58.9 million first quarter net loss on higher tax costs exacerbated by a weakened...

US stocks fall on mixed earnings; Yelp stumbles 30 Apr 2015 - 05:40 pm

New York--US stocks dipped in opening trade Thursday following a batch of mixed earnings, including from oil giant ExxonMobil and online listings company...

NY Times swings to loss as ad revenue slips 30 Apr 2015 - 05:37 pm

New York--The New York Times Co. on Thursday reported a $14.3 million loss in the first quarter, hit by a drop in advertising...