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Japan's JX renews annual Iranian crude import contract for 2014 19 Dec 2013 - 02:02 pm

TOKYO: Japan's biggest oil refiner JX Holdings has renewed its annual contract for importing crude oil from Iran for 2014, with volumes steady...

Suicide bombing against Shiites kills 10 in Iraq 19 Dec 2013 - 01:38 pm

BAGHDAD: A suicide bomber detonated an explosives belt among Shiite pilgrims in the Iraqi capital on Thursday, killing 10 people, security officials said....

Korean Air plans $3.3bn asset sale to cut debt 19 Dec 2013 - 01:37 pm

SEOUL: Korean Air said Thursday it would sell off assets valued at 3.5 trillion won or $3.3 billion to reduce its burgeoning debt...

China to build two new Antarctic bases 19 Dec 2013 - 01:33 pm

BEIJING: Chinese workers are on their way to build the country's fourth Antarctic research base and a fifth is being planned, state-run media...

Facebook, Zuckerberg, banks must face IPO lawsuit 19 Dec 2013 - 01:22 pm

NEW YORK: Facebook Inc, Chief Executive Mark Zuckerberg and dozens of banks must face a lawsuit accusing the social media company of misleading...

60 nations invited to Syria donors meet in Kuwait 19 Dec 2013 - 12:19 pm

KUWAIT CITY: Around 60 nations have been invited to a second donors conference for Syria in a bid to raise an unprecedented $6.5...

AstraZeneca takes control of diabetes venture for $4.1bn 19 Dec 2013 - 12:19 pm

LONDON: Anglo-Swedish drugs firm AstraZeneca said Thursday it will buy Bristol-Myers Squibb's stake in their diabetes venture for up to $4.1 billion or...

Qatar's embassy in Oman celebrates National Day 19 Dec 2013 - 11:22 am

MUSCAT: Qatar's Embassy in Oman has hosted a reception at Grand Hyatt on the occasion of Qatar National Day. The reception was attended...

Saudi jailed 15 years for 'Qaeda recruiting': Report 19 Dec 2013 - 11:20 am

RIYADH: A Saudi court has jailed a man for 15 years after convicting him of recruiting 14 nationals to join Al-Qaeda's affiliate in...

Raids kill six after suicide attack on Pakistan troops 19 Dec 2013 - 10:10 am

MIRANSHAH: At least six suspected militants were killed and 12 others were wounded Thursday when Pakistani forces raided two hotels in the country's...

BLME sees Gulf sukuk issuance picking up, longer tenors 19 Dec 2013 - 10:09 am

DUBAI: Bank of London and The Middle East (BLME) expects Islamic bond issuance to pick up in the Gulf next year as companies...

Tokyo ends at six-year high after Fed stimulus move 19 Dec 2013 - 10:07 am

TOKYO: Tokyo shares closed at a fresh six-year high Thursday after the US Federal Reserve said it would start scaling back its bond-buying...

Shanghai health official held, media cite GSK link 19 Dec 2013 - 10:07 am

SHANGHAI: A Shanghai health official has been arrested on suspicion of crime, local authorities said, with state media linking his downfall to the...

House passes bill to tackle corruption 19 Dec 2013 - 09:05 am

Supporters of activist Anna Hazare celebrate after parliament passed the Lokpal Act, in Allahabad yesterday. New Delhi: Parliament finally passed a sweeping anti-corruption...

Now, country empowered to tackle graft: Hazare 19 Dec 2013 - 09:04 am

Social activist Anna Hazare breaks his fast with a glass of fruit juice on the ninth day as Parliament passed the Lokpal Act,...

Delhi blanketed in thick smog, traffic disrupted 19 Dec 2013 - 09:03 am

NEW DELHI: Residents of the Indian capital woke on yesterday to a third day of thick gray smog in one of the worst...

We followed standard procedure: US officials 19 Dec 2013 - 09:02 am

National flag flies over India’s consulate general building in New York yesterday. NEW YORK: India reacted furiously to the arrest of a consular...

We must learn from India: Pakistani daily 19 Dec 2013 - 09:00 am

Islamabad: India’s angry response to the arrest and humiliation of a woman Indian diplomat in the US should be a lesson for Pakistan,...