Markets Yen jumps, yuan slumps after Trump breaks truce in China trade war TOKYO: The Japanese yen surged to a five-week high versus the dollar and a 2-1/2-year peak against the pound on Friday, Published 02 Aug, 2019 08:22am
Markets Oil prices rebound after Trump trade tariffs trigger plunge TOKYO: Oil prices rose more than 2% on Friday, rebounding from their biggest falls in years after U.S. President Donald Published 02 Aug, 2019 08:13am
Markets South Korea stocks slump after Japan takes Seoul off easy-trade list SEOUL: South Korean shares shed nearly 1% on Friday as Japan's decision to remove Seoul from favoured "white list" put f Published 02 Aug, 2019 08:12am
Sports Kyrgios, Tsitsipas advance to quarter-finals at Citi Open Australian Nick Kyrgios blasted 15 aces to blow past Japan's Yoshihito Nishioka 6-2 7-5 on Thursday and reach the quarte Published 02 Aug, 2019 08:08am
World North Korea increases pressure with latest missile launches SEOUL: North Korea fired missiles for the third time in eight days on Friday, a series of launches that analysts say are Published 02 Aug, 2019 08:07am
World U.S. employment growth seen slowing in July; wage gains steady WASHINGTON: U.S. job growth likely slowed in July after outsized gains in the prior month, with wages probably maintaini Published 02 Aug, 2019 08:07am
World Pompeo jabs at China's 'bad behaviour', defends U.S. tariffs BANGKOK: U.S. Secretary of State Mike Pompeo on Friday decried "decades of bad behaviour" from China that have hampered Published 02 Aug, 2019 07:48am
Markets CBOT corn may retest support at $3.83-1/2 SINGAPORE: CBOT September corn may retest a support at $3.83-1/2 per bushel, a break below which could open the way towa Published 02 Aug, 2019 07:43am
Markets Hong Kong stocks slump at close HONG KONG: Hong Kong shares ended sharply down Friday, after US President Donald Trump's decision to impose new tariffs Updated 02 Aug, 2019 08:51am
Markets Palm on track for second session of losses on weaker overnight soyoil KUALA LUMPUR: Malaysian palm oil futures extended losses at the midday break on Friday, weighed by weakness in overnight Published 02 Aug, 2019 07:40am
Sports Vekic tames Azarenka at Silicon Valley Classic Former world number one Victoria Azarenka paid the price for her erratic serve as fifth-seeded Donna Vekic prevailed 6-4 Published 02 Aug, 2019 07:38am
World Blasts hit Bangkok as city hosts major security meeting BANGKOK: Six bomb blasts wounded at least four people at three sites in Bangkok on Friday, as the Thai capital hosted a Published 02 Aug, 2019 07:37am
Business & Finance Toyota trims full-year profit forecast as yen overshadows solid Q1 TOKYO: Toyota Motor Corp cut its full-year profit forecast on Friday by nearly 6% on expectations a stronger yen will we Published 02 Aug, 2019 07:30am
Markets China's yuan drops, stocks tumble after Trump's tariff blow HONG KONG/SHANGHAI: Chinese markets slumped on Friday, with investors rushing for cover after U.S. President Donald Trum Published 02 Aug, 2019 07:25am
Markets Gold drifts lower after Trump's tariff threat sparks rally Gold prices fell nearly 1% on Friday, as investors locked in profit after U.S. President Donald Trump's fresh salvo in t Published 02 Aug, 2019 07:13am
Markets Indian shares slump as Trump hits China with fresh tariffs BENGALURU: Indian shares plunged more than 1% on Friday dragged by auto and metal counters, after broader Asia took a be Published 02 Aug, 2019 07:12am
Business & Finance RBS unveils 1.7 bn stg dividend, pretax profit beats expectations LONDON: Royal Bank of Scotland on Friday announced a 1.7 billion pound ($2.06 billion) dividend, but warned a tough econ Published 02 Aug, 2019 06:41am
Markets European gas price slump yet to find a floor as inventories burst LONDON: A protracted decline in European gas prices, which has hurt some energy firms but may prove a boon to buyers, ha Published 02 Aug, 2019 06:39am
Business & Finance Foxconn eyes sale of $8.8 bn China plant amid trade war woes-sources TAIPEI: Taiwan's Foxconn is exploring the sale of its new $8.8 billion display panel factory in China, people familiar w Published 02 Aug, 2019 06:34am
Business & Finance Allianz Q2 profit up 13.5pc, better than expected; confirms 2019 target FRANKFURT: German insurer Allianz on Friday posted a better-than-expected 13.5% rise in net profit in the second quarte Published 02 Aug, 2019 06:33am