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Qatar Stock Exchange up 0.29% 31 Oct 2012 - 01:42 pm

DOHA: Qatar Exchange pursued its upswing trend Wednesday, adding 25.12 points (or 0.29%) to advance to 8,546.49 points from 8,521.37 Tuesday. The volume...

Mazda in profit, cuts sales outlook on China row 31 Oct 2012 - 01:13 pm

TOKYO: Mazda on Wednesday said it had returned to profitability but reduced its annual sales forecast, blaming a Tokyo-Beijing territorial spat that has...

S. Korea to build giant casino city to rival Macau 31 Oct 2012 - 01:03 pm

SEOUL: South Korea's port city of Incheon has teamed up with a group of investors to build a giant $290 billion leisure and...

Malaysia gold scheme raked in $3 billion: official 31 Oct 2012 - 12:36 pm

KUALA LUMPUR: A gold-trading business shut down this month by Malaysian authorities for suspected illegalities may have raised as much as $3 billion...

Philippine troops face court-martials over killings 31 Oct 2012 - 12:36 pm

MANILA: Thirteen Philippine soldiers will face court-martials for shooting dead the wife and two sons of a tribal leader who opposed a Swiss-Australian...

HH the Emir sends a cable of condolences to US President on victims of Sandy storm 31 Oct 2012 - 12:33 pm

DOHA: HH the Emir Sheikh Hamad bin Khalifa Al Thani , has sent a cable of heartfelt condolences and sympathy to the the...

First 'Angry Birds' theme park announced for Asia 31 Oct 2012 - 12:23 pm

A young girl plays at Shanghai’s first Angry Birds Activity Park at Tongji University in Shanghai. SHANGHAI: The company behind "Angry Birds" said...

Celebratory gunfire at Saudi wedding cuts cable, 23 electrocuted 31 Oct 2012 - 12:21 pm

RIYADH: Celebratory gunfire at a wedding party in eastern Saudi Arabia on Tuesday night brought down an electric cable, killing 23 people, a...

Barclays bank falls into net loss on vast charges 31 Oct 2012 - 12:12 pm

LONDON: British bank Barclays, which was rocked by a rate-rigging scandal earlier this year, said on Wednesday it fell into a nine-month net...

Afghan roadside bombing kills eight civilians 31 Oct 2012 - 12:11 pm

KABUL: Eight civilians including seven women were killed in an insurgent roadside bombing in the southern Afghan province of Helmand on Wednesday, the...

Asia drug boom fuels surge in opium cultivation: UN 31 Oct 2012 - 12:10 pm

BANGKOK: Opium cultivation in Southeast Asia has doubled over the last six years as growing demand for heroin in China and the rest...

Vietnam sentences Filipina drug mule to death 31 Oct 2012 - 11:58 am

HANOI: Vietnam has sentenced a 61-year-old Filipina to death after she was caught smuggling methamphetamine into the country, a court clerk said on...

ArcelorMittal reports plungs into loss on weak Chinese demand for steel 31 Oct 2012 - 11:55 am

PARIS: ArcelorMittal, the biggest steelmaker in the world, reported on Wednesday a plunge into a loss of $709 million (546 million euros) in...

Japan's imports of Kuwait's crude oil down 17.7% 31 Oct 2012 - 11:47 am

TOKYO: Japan's crude oil imports from Kuwait fell 17.7 % in September from a year earlier to 7.89 million barrels, or 263,000 barrels...

No China-Japan meeting at regional summit: Beijing 31 Oct 2012 - 10:51 am

BEIJING: China's Premier Wen Jiabao will not meet his Japanese counterpart at the Asia-Europe (ASEM) summit next week, a vice foreign minister said...

Japan's ANA logs 61.6% rise in H1 net profit 31 Oct 2012 - 10:06 am

TOKYO: Japan's All Nippon Airways (ANA) said Wednesday half-year net profit soared 61.6 percent on solid travel demand although it admitted Tokyo's territorial...

Softbank's first-half net profit down 22% at $2.13 bn 31 Oct 2012 - 10:04 am

TOKYO: Japanese mobile carrier Softbank, which recently announced a $20 billion takeover of US firm Sprint Nextel, said Wednesday its half-year net profit...

Panasonic says will lose $9.6 bn in year to March 31 Oct 2012 - 09:36 am

TOKYO: Panasonic said Wednesday that it will lose 765 billion yen ($9.6 billion) in the year to March, close to its record loss...