Markets Qatar raises July marine crude OSP to $64.75/bbl; up $1.30 SINGAPORE: * Qatar has set its July retroactive official selling price (OSP) for its Marine crude at $64.75 a barrel, up Published 05 Aug, 2019 08:51am
Business & Finance China lets yuan slide past key 7 level for first time in over decade as trade war intensifies SHANGHAI: China on Monday let the yuan tumble beyond the key 7-per-dollar level for the first time in more than a decade Published 05 Aug, 2019 08:43am
World U.N. urges sanctions on Myanmar army businesses, says foreign partners could be complicit JAKARTA: United Nations investigators urged world leaders on Monday to impose targeted financial sanctions on companies Published 05 Aug, 2019 08:42am
Markets Gold climbs to six-year peak as trade, growth concerns spur demand Gold prices jumped 1% to their highest level in more than six years on Monday, as the escalating trade war between the U Published 05 Aug, 2019 08:40am
Markets Yuan hits 11-yr low, breaks 7 per dlr, as trade war intensifies TOKYO: China's yuan tumbled more than 1% to 11-year lows on Monday amid mounting fears over a sharp escalation in the U. Published 05 Aug, 2019 08:39am
Business & Finance China central bank says will deepen regional financial reforms BEIJING: China will deepen its regional financial reforms, using various policy tools to lower corporate funding costs, Published 05 Aug, 2019 08:37am
World Indonesia president criticizes state power company over blackouts JAKARTA: Indonesian President Joko Widodo said on Monday the state power company PLN should have had contingency plans i Published 05 Aug, 2019 08:32am
Markets Palm hits two-month high on stronger related oils, weaker ringgit KUALA LUMPUR: Malaysian palm oil futures surged over 1% on Monday, hitting the highest in two months on the back of stre Published 05 Aug, 2019 08:29am
World Japan signals readiness to act against excessive yen rises TOKYO: Japan's top currency diplomat on Monday warned investors against significantly pushing up the yen, signalling tha Published 05 Aug, 2019 08:21am
Markets CBOT corn may revisit Aug. 1 low of $3.87-1/4 SINGAPORE: CBOT September corn may revisit its Aug. 1 low of $3.87-1/4 per bushel, as it seems to have completed a bounc Published 05 Aug, 2019 08:21am
World Turkish inflation expected to briefly rise in July ANKARA: Turkey's annual inflation is expected to have climbed to 16.9% in July due to expiring tax cuts and higher elect Published 05 Aug, 2019 08:08am
Markets South Africa's rand hits 7-week low as trade tensions heat up JOHANNESBURG: South Africa's rand slipped to seven-week lows against the dollar in early trade on Monday, as prospects o Published 05 Aug, 2019 08:08am
World China will deepen regional financial reforms, lower funding costs BEIJING: China will deepen its regional financial reforms, using various policy tools to lower corporate funding costs, Published 05 Aug, 2019 08:06am
Markets Indian rupee hits 5-month low on U.S.-China trade worries, Kashmir tensions MUMBAI: The Indian rupee plunged to a five-month low and bond yields rose sharply on Monday, as an escalating China-U.S. Published 05 Aug, 2019 08:03am
Markets Oil prices fall as trade tensions hit demand outlook SINGAPORE/TOKYO: Oil prices fell on Monday amid renewed global economic growth concerns after U.S. President Donald Trum Published 05 Aug, 2019 07:22am
Business & Finance Suzuki posts 46pc drop in Q1 profit on slowing India demand TOKYO: Suzuki Motor Corp on Monday reported a 46.2% fall in first-quarter operating profit, hurt by lower output at home Published 05 Aug, 2019 07:20am
World Trade war fears, stronger yen topple Japanese shares to 2-month lows TOKYO: Japanese shares tumbled on Monday, as investors grew nervous about a prolonged U.S.-China trade war, with a rapid Published 05 Aug, 2019 07:19am
Business & Finance British engineer Senior profit hit by 737 MAX groundings British engineering firm Senior posted a 16% drop in first-half profit on Monday, as margins in its aerospace unit were Published 05 Aug, 2019 07:17am
Business & Finance SoftBank Corp Q1 profit climbs 4% as mobile user numbers grow TOKYO: Japanese telco SoftBank Corp said on Monday its operating profit in the quarter ended June rose 4%, in line with Published 05 Aug, 2019 07:15am
World Nineteen dead in car explosion in central Cairo -health ministry CAIRO: Nineteen people died and 30 were injured in an explosion resulting from a car crash in central Cairo, Egypt's hea Published 05 Aug, 2019 07:15am