Business

Tokyo stocks down 0.62% by break after Greek election 26 Jan 2015 - 09:20 am

Tokyo---Tokyo stocks fell 0.62 percent on Monday after anti-austerity party Syriza swept to victory in Greece's general elections at the weekend, raising fears...

Hong Kong stocks slipped 0.12 percent 26 Jan 2015 - 09:08 am

Hong Kong---Hong Kong stocks slipped 0.12 percent in the morning session Monday on concerns Greece could exit the eurozone after an anti-austerity party...

QCB real estate price index indicates pullback 26 Jan 2015 - 12:29 am

By Satish Kanady DOHA: Qatar’s real estate price value gains have softened a bit in December 2014 compared to the previous month. Qatar...

Minister to head QE’s new board 26 Jan 2015 - 12:27 am

Minister Sheikh Ahmed (left) and CEO Al Mansoori. DOHA: The Board of Directors of Qatar Exchange (QE) was restructured and a nine-member board...

QNB, QBWA sign MoU for better business cooperation 26 Jan 2015 - 12:27 am

Officials exchanging the MoU yesterday. DOHA: QNB and the Qatari Businesswomen Association (QBWA) signed yesterday a Memorandum of Understanding. The MoU will focus...

QEWC reports 11pc rise in 2014 profit 26 Jan 2015 - 12:23 am

DOHA: The Qatar Electricity and Water Company (QEWC) yesterday reported a net profit of QR1.53bn ($420m) (net of non-controlling interests) for the year...

Non-hydrocarbon sector to grow 11.9pc in 2015 26 Jan 2015 - 12:22 am

DOHA: Qatar’s non-hydrocarbon sector GDP will continue to be robust and is expected to grow by 11.9 percent in 2015. Construction activities and...

DIB net profit rises 64.1pc, hikes dividend 26 Jan 2015 - 12:19 am

DUBAI: Dubai Islamic Bank (DIB), the United Arab Emirates’ largest Sharia’h-compliant lender, posted a 64.1 percent increase in fourth-quarter net profit yesterday, as...

Indonesia's Widodo praised on economy, but criticised on rights 25 Jan 2015 - 10:47 am

Workers in Europe's oil hub hope for the best 25 Jan 2015 - 10:41 am

Aberdeen, United Kingdom---On the docks in Aberdeen, oil workers put a brave face on hundreds of job cuts linked to sinking crude prices...

AAB opens new service centre 25 Jan 2015 - 03:49 am

Osama Abdullah Abdulghani Al Abdulghani, Chairman of Abdullah Abdulghani & Bros. Co inaugurating the new service centre in the presence of Norihiro Yoshida,...

QIB gets awards for SME plan and co-branded credit card 25 Jan 2015 - 03:47 am

DOHA: Qatar Islamic Bank (QIB) has received two awards from Global Banking & Finance Review. QIB has been voted “Best SME Islamic Finance...

Business heads eye expansions in Qatar 25 Jan 2015 - 02:33 am

H E Sheikh Ahmed bin Jassim Al Thani (left), the Minister of Economy and Commerce, meeting a corporate chief and others on the...

Box hits Wall Street with a bang after IPO 24 Jan 2015 - 06:58 pm

New York - Cloud storage startup Box soared in its Wall Street debut Friday after a public share offering, pushing its market value...

Bank of Japan's Kuroda praises 'big decision' by ECB 24 Jan 2015 - 06:52 pm

Bank of Japan governor Haruhiko Kuroda pointing to a placard during today's news conference Davos, Switzerland - Bank of Japan Governor Haruhiko Kuroda...

German central bank chief 'sceptical' of ECB stimulus move 24 Jan 2015 - 01:22 pm

Jens Weidmann Berlin---The head of Germany's central bank on Saturday voiced his "scepticism" about the ECB's decision to launch a trillion-euro bond-buying programme...

Oil prices mixed after Saudi king's death 24 Jan 2015 - 11:28 am

New York---Oil prices traded narrowly mixed Friday after the death of the king of Saudi Arabia, OPEC's largest oil producer, and on concerns...

US stocks fall, ending 4-day streak 24 Jan 2015 - 11:20 am

New York---US stocks closed mostly lower Friday, ending a four-day winning streak, as the sheen came off the European Central Bank's stimulus announcement...