NEW YORK: Regulators fined 10 investment firms a total of $43.5m for promising positive write-ups on toystore chain Toys”R”Us in exchange for lucrative...
NEW YORK: Regulators fined 10 investment firms a total of $43.5m for promising positive write-ups on toystore chain Toys”R”Us in exchange for lucrative...
SEOUL: Asian shares mostly climbed yesterday as investor sentiment was lifted by strong US retail sales. But the price of oil extended its...
FRANKFURT: The head of the European Central Bank is set to tell European leaders in stark terms at a summit next week that...
DOHA: Gulf stock markets fell sharply yesterday as panic selling spread across the region after oil dropped to a fresh five-year low. Qatar...
Doha: Qatar Chamber of Commerce and Industry (QCCI) has achieved several successes over the year serving Qatari business community and the private sector,...
Greek pensioners chant slogans outside the finance ministry office in central Athens late on Wednesday, as they participate in a night-long protest against...
Garuda Indonesia planes at Soekarno-Hatta airport in Jakarta yesterday. The chief executive of PT Garuda Indonesia Tbk, Emirsyah Satar, has resigned, the state-owned...
An office building of Swiss bank Zuercher Kantonalbank (ZKB) in Zurich as it has agreed a deal to buy asset manager Swisscanto from...
World Wide Web founder Tim Berners-Lee speaks during a news conference in London yesterday. The inventor of the WWW said access to the...
ISTANBUL: Turkey could propose to Russia building an LNG terminal in an energy complex on its border with Greece, as part of talks...
Dubai: The head of Dubai-based airline Emirates has reacted angrily to a suggestion by Airbus that it might stop making its A380 superjumbo...
WASHINGTON: Crucial reforms of the International Monetary Fund were left hanging after the US Congress failed to endorse them in the final budget...
MOSCOW: Russia’s central bank raised its main lending rate by 100 basis points to 10.5 percent yesterday to prop up the rouble but...
SEOUL: South Korea’s central bank governor flagged downward revisions to forecasts for inflation and economic growth, raising expectations of an imminent interest rate...
BEIJING/SHANGHAI: China has told its banks to lend more in the final months of 2014 and relaxed enforcement of loan-to-deposit ratios to expand...
New York: The New York banking regulator is investigating if Deutsche Bank and Barclays Plc used algorithms on their trading platforms to manipulate...
SYDNEY: Australia’s jobless rate rose to its highest level in 12 years in November, data showed yesterday, as more people looked for jobs...
NEW YORK: Instagram, the photo-sharing social network owned by Facebook, announced it has more than 300 million users as it unveiled a new...