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Panasonic says April-June net profit soars to $1.1bn 31 Jul 2013 - 12:04 pm

TOKYO: Panasonic said Wednesday its net profit soared to $1.1 billion in the three months to June, mainly due to one-off gain from...

Abu Dhabi energy firm TAQA swings to Q2 losses 31 Jul 2013 - 11:14 am

DUBAI: Abu Dhabi National Energy Co (TAQA), the state-owned oil explorer and power supplier, swung to a loss in the second-quarter weighed down...

Myanmar floods force 25,000 into relief camps 31 Jul 2013 - 10:30 am

YANGON: Nearly 25,000 people have been evacuated to makeshift camps after floods ravaged eastern Myanmar, an official said Wednesday, as relief teams struggled...

India's Bharti Airtel quarterly profit dives 10pc 31 Jul 2013 - 10:24 am

NEW DELHI: India's top mobile company Bharti Airtel on Wednesday reported a nearly 10 percent dive in quarterly profit from a year ago,...

Civilian casualties up 23pc in Afghan war 31 Jul 2013 - 10:24 am

KABUL: Civilian casualties in the Afghan war rose 23 percent in the first half of this year due to Taliban attacks and increased...

Philippines set to keep troops in Golan 31 Jul 2013 - 10:18 am

MANILA: The Philippines said Wednesday it would likely keep its 340 soldiers in the Golan Heights as part of a United Nations peacekeeping...

Exchange Rates in Qatar 31 Jul 2013 - 09:46 am

Exchange Rates in Qatar DOHA: Exchange Rates for foreign currencies as issued on Wednesday Qatar National Bank (QNB) are as following: Currency Buying...

Tokyo stocks end down 1.45pc 31 Jul 2013 - 09:26 am

TOKYO: Tokyo stocks closed down 1.45 percent on profit-taking Wednesday after the previous day's gains, with the latest batch of corporate earnings figures...

Body of fourth South Korean climber found in Japan Alps 31 Jul 2013 - 09:19 am

TOKYO: Japanese police Wednesday said they had retrieved the body of a fourth South Korean climber who died along with three compatriots after...

At least 10 dead as record heatwave hits Shanghai 31 Jul 2013 - 08:53 am

SHANGHAI: More than 10 people have died in China's commercial hub Shanghai, a local health official said Wednesday as the city grapples with...

India's central bank governor set to 'move on' 31 Jul 2013 - 08:52 am

MUMBAI, Maharashtra: India's central bank governor has decided to "move on" and a hunt for his successor is underway, the country's finance minister...

US fines Wyeth $490.9m for illegal drug marketing 31 Jul 2013 - 08:20 am

WASHINGTON: Wyeth Pharmaceuticals has pleaded guilty to misbranding a drug that prevents the rejection of organ transplants and agreed to pay $490.9 million,...

Six killed in Philippines communist rebel clash 31 Jul 2013 - 07:57 am

MANILA: Six communist rebels led by a woman were killed in clashes with Philippine troops in the latest flare-up in one of Asia's...

Chinese workers strike over takeover of US firm 31 Jul 2013 - 07:56 am

BEIJING: More than 5,000 Chinese workers at a Sino-US joint venture tyre manufacturer have gone on strike against the American parent company's $2.5...

Collapsed bridge 31 Jul 2013 - 03:16 am

Fire-fighters and policemen carry out checks, after a part of the Banghwa Bridge, which was undergoing extension work, collapsed in Seoul yesterday.

Cambodia rejects poll inquiry demand 31 Jul 2013 - 03:15 am

PHNOM PENH: Cambodia’s government rejected yesterday calls by the opposition for an international inquiry into allegations it used massive fraud to win re-election,...

Pacquiao says Philippine presidency can wait 31 Jul 2013 - 03:15 am

MANILA: Philippine boxing hero Manny Pacquiao has no immediate plans to run for president, his chief aide said yesterday, following a fierce political...

Philippines lifts ban on sending workers to Iraq 31 Jul 2013 - 03:15 am

MANILA: The Philippines said yesterday it is lifting a nine-year ban on sending workers to Iraq, declaring the country mostly safe despite its...