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Turkey keeps Iranian crude oil imports steady in June 05 Jul 2013 - 01:10 pm

LONDON: Turkey's imports of Iranian crude oil were unchanged in June at just over 100,000 barrels per day (bpd), in line with the...

Taiwan's HTC Q2 profit plunges 83pc 05 Jul 2013 - 12:20 pm

TAIPEI: Taiwan smartphone maker HTC said Friday that net profit in April-June dived 83 percent year on year, although it was a slight...

GDF Suez eyes role in French nuclear bid in Saudi Arabia 05 Jul 2013 - 11:15 am

PARIS: Utility GDF Suez would consider a role in an expected French bid to build a nuclear-reactor project in Saudi Arabia, CEO Gerald...

Credit Suisse sees maximum $94m hit from UK tax deal 05 Jul 2013 - 11:14 am

ZURICH: Swiss bank Credit Suisse said on Friday it sees a maximum hit of 90 million Swiss francs or $94.1 million from a...

Unilever raises stake in Indian unit HUL to 67pc 05 Jul 2013 - 11:08 am

MUMBAI: Anglo-Dutch food giant Unilever said it has paid $3.2 billion for an additional 14.8 percent in its Indian subsidiary as part of...

Philippines to stay in Golan if security is boosted 05 Jul 2013 - 11:07 am

MANILA: The Philippines said Friday it would keep its 340 peacekeepers in the Golan Heights provided it gets requested additional heavier weapons and...

Suicide attack on Pak-Afghan border kills 11 people 05 Jul 2013 - 11:06 am

ISLAMABAD: At least 11 people were killed including seven Afghan soldiers and several others injured on Friday in a suicide attack that took...

Tokyo shares close up 2.08pc 05 Jul 2013 - 09:08 am

TOKYO: Tokyo stocks jumped 2.08 percent Friday, following a rally on European markets after the eurozone and British central banks signalled their easy-money...

Emir sends congratulatory messages to Algeria, Venezuela and Cape Verde 05 Jul 2013 - 09:03 am

DOHA: HH the Emir Sheikh Tamim bin Hamad Al Thani has sent a cable of congratulations to Algerian President Abdelaziz Bouteflika on the...

H1N1 flu outbreak in northern Chile kills 11 05 Jul 2013 - 08:45 am

SANTIAGO: At least 11 people have been killed in an outbreak of H1N1 flu virus in northern Chile, where the rate of infection...

Samsung posts disappointing earnings forecast for Q2 05 Jul 2013 - 08:44 am

A man holding an umbrella walks past an advertisment promoting Samsung Electronics' Galaxy S4 in Seoul July 4, 2013.Reuters/Kim Hong-Ji SEOUL: Samsung Electronics...

Panasonic closes Hungary solar plant, cuts 550 jobs 05 Jul 2013 - 08:15 am

TOKYO: Japanese electronics giant Panasonic said Friday it will close its only European solar cell plant in Hungary, resulting in the loss of...

No risk of pandemic yet from MERS virus 05 Jul 2013 - 08:04 am

PARIS: The new MERS coronavirus that has claimed dozens of lives in the Middle East does not yet have the ability to trigger...

Summer drill 05 Jul 2013 - 04:16 am

Paramilitary policemen jump as they take part in a summer drill in Hangzhou, Zhejiang province in China yesterday.

Koreas agree to hold talks on joint zone 05 Jul 2013 - 04:15 am

SEOUL: North and South Korea agreed yesterday to hold talks about reopening a jointly-run industrial estate which had shut down amid high military...

Cargo ship capsizes off Thailand, 11 missing 05 Jul 2013 - 04:15 am

BANGKOK: Eleven crew members from a Bangladeshi cargo ship were missing yesterday after their vessel capsized in the Andaman Sea, sparking a rescue...

Malaysia deports UK activist 05 Jul 2013 - 04:15 am

KUALA LUMPUR: The activist sister-in-law of former British prime minister Gordon Brown has said she was deported from a Malaysian state whose powerful...

Concern for American held in North Korea 05 Jul 2013 - 04:15 am

WASHINGTON: The US on Wednesday said it was gravely concerned about the health of a Korean-American sentenced to hard labour in North Korea...