Mixed performance in the FX market last week, as major currencies gained against the US Dollar, after Fed Chair Janet Yellen seemed dovish...
Mixed performance in the FX market last week, as major currencies gained against the US Dollar, after Fed Chair Janet Yellen seemed dovish...
MOSCOW: Russia could tip into recession in the second quarter of 2014 after the economy contracted by around 0.5 percent in the first...
TRIPOLI: Libya must slash its budget by a third and halt infrastructure funding to offset the loss of oil revenues due to a...
TOKYO: Japan’s Hitachi said yesterday it will provide the world’s fastest elevators, which can clock speeds of up to 72 km per hour,...
BEIJING: China’s March crude oil imports from Iran rose more than a third from a year ago, keeping imports in the first three...
SHANGHAI: Chinese stocks tumbled 1.52 percent yesterday on fears of a possible market glut after authorities revealed a list of several firms planning...
A businessman takes a photo of a container ship at a port in Tokyo yesterday. Japan suffered its worst annual trade deficit in...
Former Bank of France and IMF director Jacques de Larosiere (left) with European Central Bank President Mario Draghi during a conference in Brussels....
KUWAIT: Kuwait’s rising public spending and dependence on oil revenues are preventing sustainable economic development, the Gulf state’s central bank governor said, echoing...
DUBAI: Fawaz Abdulaziz Alhokair Co, the Saudi Arabian retailer which franchises brands such as Zara and Marks and Spencer in the kingdom, reported...
DUBAI: Abu Dhabi Islamic Bank, the largest Shariah-compliant lender in the emirate, met analysts’ expectations as it posted a 20.4 percent rise in...
KUWAIT CITY: Kuwaiti telecom giant Zain said yesterday its net profit rose 7.5 percent on year in the first quarter of 2014, mainly...
The signing in ceremony of the deal. DOHA: Qatar Railways Company (Qatar Rail), the company which is overseeing the construction of the country’s...
LONDON: US pharmaceutical giant Pfizer has approached British rival AstraZeneca to propose a £60bn ($101bn) takeover, Britain’s Sunday Times reported. The paper cited...
John Kersten, MD, Ikea Qatar, UAE, Egypt and Oman. Doha: Ikea, which has completed a year in Qatar, has seen positive response from...
An Infiniti Q30 concept car is displayed at Auto China 2014 in Beijing. SHANGHAI/BEIJING: Global carmakers are scrambling to meet the demands of...
Daimler AG CEO Dieter Zetsche at a world premiere of the Mercedes Benz S63 AMG Coupe at Auto China 2014. BEIJING: Daimler said...
MOSCOW: Russia looks increasingly likely to sink into recession in 2014 as the knock-on effects of its standoff with the West over Ukraine...
