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Qatar Exchange index gains 61.36 points 11 Sep 2014 - 06:21 pm

DOHA: Qatar Exchange index gained 61.36 points (0.44 percent) when the bourse closed trading at 14,088.82 points Thursday. The trading value decreased to...

Sharjah has no short-term plans to return to debt markets 11 Sep 2014 - 02:31 pm

DUBAI: The Gulf Arab emirate of Sharjah has no short-term plans to return to debt markets after drawing big demand for its $750...

Philippines displays ancient maps to debunk China's sea claims 11 Sep 2014 - 02:31 pm

MANILA: The Philippines on Thursday put on display dozens of ancient maps which officials said showed that China's territorial claims over the South...

Four dead in Thai south as rebels raid govt office 11 Sep 2014 - 02:30 pm

BANGKOK: Four people were killed and several others wounded Thursday when suspected rebels in Thailand's insurgency-ravaged south raided a government office, police told...

World Bank-linked IFFI picks banks for debut sukuk issue 11 Sep 2014 - 02:09 pm

DUBAI: The International Finance Facility for Immunisation Co. (IFFI), for which the World Bank acts as treasury manager, has picked four banks for...

Philippines raises rates further as inflation threatens 11 Sep 2014 - 01:49 pm

MANILA: Philippine monetary authorities raised key interest rates Thursday for the second time in six weeks, saying they needed to head off the...

Egypt signs $500m World Bank gas loan 11 Sep 2014 - 01:49 pm

CAIRO: Egypt has signed a $500 million loan with the World Bank to provide natural gas to Egyptian households, the government said in...

Myanmar lifts curfew in violence-racked state capital 11 Sep 2014 - 01:42 pm

YANGON: Myanmar on Thursday lifted a curfew imposed in June 2012 when clashes between Buddhists and minority Muslims erupted throughout western Rakhine state,...

China auto sales growth slows in August 11 Sep 2014 - 01:21 pm

SHANGHAI: China's auto sales reached 1.72 million vehicles in August, a rise of just 4.0 percent compared with the same month a year...

Gazprom's profits down 41pc in first quarter over Ukraine 11 Sep 2014 - 01:21 pm

MOSCOW: Russian gas giant Gazprom on Thursday posted a 41-percent year-on-year plunge in net profit in the first quarter of 2014 partly due...

China fines Volkswagen affiliate $40.5m for price-fixing 11 Sep 2014 - 01:20 pm

BEIJING: An affiliate of German carmaker Volkswagen has been fined more than $40.5 million for price-fixing in China, authorities said Thursday, the latest...

Yemen to name new PM in deal with Shiite rebels 11 Sep 2014 - 12:26 pm

SANAA: Yemen's president is expected to appoint a new prime minister within 48 hours under a new deal with Shiite rebels in return...

Two Philippine troops killed in clash with Muslim rebels 11 Sep 2014 - 12:25 pm

MANILA: Two Philippines soldiers and an unknown number of guerrillas opposed to the government's peace deal with the country's largest Muslim rebel group...

Dubai investor sells Al Noor Hospitals stake, raises $140m 11 Sep 2014 - 11:32 am

DUBAI: Dubai private equity firm Ithmar Capital has sold a 7.3 percent stake in Al Noor Hospitals for 10.30 pounds per share, two...

Infectious diseases kill 1,280 in China 11 Sep 2014 - 11:32 am

BEIJING: A total of 1,280 people died of infectious diseases on the Chinese mainland in August, the National Health and Family Planning Commission...

Pistorius arrives in court to face murder trial verdict 11 Sep 2014 - 11:31 am

PRETORIA: "Blade Runner" Oscar Pistorius arrived in court Thursday to face judgement over the death of his glamorous lover, with the Paralympian facing...

Syria Al-Qaeda affiliate says will free UN troops 11 Sep 2014 - 11:30 am

BEIRUT: Al-Qaeda's Syrian affiliate Al-Nusra Front has said it will free 45 Fijian UN peacekeepers who it kidnapped after the capture of a...

Saudi oil minister plays down concerns about oil price drop 11 Sep 2014 - 11:30 am

RIYADH: Saudi Oil Minister Ali al-Naimi on Thursday played down concerns about the recent fall in oil prices below $100 per barrel. "Have...