TEHRAN: The Iranian rial has strengthened by more than 15 percent against the dollar since the victory of moderate Hassan Rowhani who was...
TEHRAN: The Iranian rial has strengthened by more than 15 percent against the dollar since the victory of moderate Hassan Rowhani who was...
By Ole Hansen (Senior Manager, CFD and Listed Products, Saxo Bank) In addition to a strengthening US dollar, weakness was seen across most...
Known to be the most dovish man in the world, in the last FOMC press conference, Ben Bernanke acknowledged that downside risks have...
Nasser Al Jaidah (right) and Djama Ali Guelleh exchanging documents during the signing ceremony. DOHA: Qatar Petroleum International (QPI) has signed a Memorandum...
DOHA: Qatar’s real estate transaction value dropped by 15 percent on year-on-year basis during the first five months this year. The value of...
LUXEMBOURG: European Union finance ministers failed early yesterday to reach an agreement on how to close down failing banks before they can do...
TAIPEI: Taiwan and China signed a wide-ranging agreement to open up their service sectors, another milestone in the ever-closer trade and economic ties...
ATHENS: Greece’s recent government crisis and failure to meet privatisation targets will not derail an international bailout, Prime Minister Antonis Samaras said yesterday....
Workers clean a road intersection where Delhi metro work is in progress in New Delhi yesterday. India’s economy grew by five percent in...
Doha: GCC countries continue to have ample liquidity to finance the large investment projects planned over the next few years, according to QNB...
WASHINGTON: The stock market rallied to record heights last month, home prices have rebounded and the wealth of American households has returned to...
TOKYO: Japan’s Mitsubishi UFJ Financial Group plans to buy a 51 percent stake in Thailand’s Bank of Ayudhya for about 400bn yen ($4.1bn)...
SAN FRANCISCO: A few years ago, renting out a spare room via the lodging website Airbnb bordered on daring. Now, in thousands of...
An Airbus A350 participates in a flying display during the 50th Paris Air Show at the Le Bourget airport near Paris, yesterday. PARIS:...
WASHINGTON: New US Trade Representative Michael Froman said he expected growing trade problems with India to be a major early focus of his...
MUMBAI: Swiss bank UBS AG will surrender its Indian banking licence and close its banking unit, covering fixed income, forex operations and credit...
FRANKFURT: German tax authorities are investigating Barclays over the use of legal loopholes which cut the British lender’s tax bill by billions of...
Hundreds of flag waving workers participating in a protest rally organised by trade unions around the Colosseum in central Rome yesterday. ROME: Thousands...
