Business

Foreign carmakers test the waters at Iran show 30 Nov 2014 - 10:49 pm

TEHRAN: Foreign automakers seeking a return to the potentially huge Iranian market with the lifting of international sanctions will find the business environment...

Russia hopes to seal oil-for-goods agreements with Iran soon 30 Nov 2014 - 10:48 pm

MOSCOW: Russia hopes a deal to supply grain and industrial equipment to Iran can be reached soon, Russia’s Economy Minister Alexei Ulyukayev said...

China home prices fall despite rate cut 30 Nov 2014 - 10:48 pm

SHANGHAI: China’s housing prices fell on a monthly basis for the seventh straight month in November, a survey showed yesterday, with the market...

Beijing plans deposit insurance in long-awaited economic reform 30 Nov 2014 - 10:47 pm

SHANGHAI: China yesterday moved closer to introducing deposit insurance, a long-awaited economic reform seen as a way to impose greater market discipline on...

UAE to keep currency peg to dollar: Mansouri 30 Nov 2014 - 10:47 pm

DUBAI: The United Arab Emirates will keep its currency peg to the US dollar and media reports that the currency regime is under...

Qatar to spend over $70bn on projects, says report 30 Nov 2014 - 01:09 am

DOHA: Qatari government — in the run-up to the 2022 FIFA World Cup, and in accordance with the Qatar National Vision 2030 —...

Qatargas wins top awards 30 Nov 2014 - 01:08 am

Qatargas CEO Khalid bin Khalifa Al Thani receiving the award from Alex Botha, British Safety Council Chief Executive, at a ceremony held at...

International Islamic wins coveted awards 30 Nov 2014 - 01:04 am

International Islamic and Commerzbank AG officials during the award ceremony. DOHA: International Islamic (QIIB) has won two coveted awards from Commerzbank AG, Frankfurt...

IFA meet discusses tax issues 30 Nov 2014 - 01:04 am

Sheikh Salman bin Hassan Al Thani, Chief Financial Officer and Director of Tax of the QFC Authority adressing the meeting. DOHA: In an...

Lower oil prices changing risk profile in EMs 30 Nov 2014 - 01:00 am

The recent drop in oil prices is changing the risk profile of Emerging Markets (EMs). Significant adjustments to global financial markets in the...

More people jobless in France 30 Nov 2014 - 12:58 am

A logo is seen on the entrance of a Pole Emploi office (National Agency for Employment) in Champigny sur Marne, eastern Paris. More...

New Opel Corsa E rolls out 30 Nov 2014 - 12:56 am

The first new Opel Corsa E rolls off the production line, officialy starting the series manufacturing, in Eisenach, Germany. Around 2.65 million Corsas...

India scraps controls on gold imports 30 Nov 2014 - 12:48 am

NEW DELHI: Leading gold buyer India has announced it has eased controls on imports of the yellow metal after its current account deficit...

Japan gets first US oil since 2010 30 Nov 2014 - 12:47 am

TOKYO: Japan imported US oil for the first time in four years as companies find ways around a four-decade ban on American exports...

Qatar-based banks take lead in provision expenses drop in GCC 30 Nov 2014 - 12:46 am

DOHA: The provision expenses of top GCC banks declined significantly during the third quarter of 2014 (3Q,14), with Qatar taking the lead (52.8...

Lacklustre Japan data paint gloomy picture for Abenomics 30 Nov 2014 - 12:45 am

TOKYO: Japan released a string of lacklustre economic data on Friday, with inflation hitting its lowest level in a year, dealing another blow...

Philippine economic growth slows in Q3 30 Nov 2014 - 12:44 am

MANILA: Growth slowed sharply in the Philippine economy in the third quarter because of typhoon damage and falling public spending, officials said. The...

Oil price crash may see drillers cut spending 30 Nov 2014 - 12:33 am

LONDON: For the world’s largest oil companies, the accelerating crash in crude prices will probably mean scrapping investments from America’s shale fields to...