Markets Sterling, UK stocks drop after surprise Q2 contraction LONDON: Sterling fell to a one-week low on Friday and British stocks sold off after the UK economy unexpectedly contract Published 09 Aug, 2019 10:26am
Markets European shares drop on Italy's political turmoil, healthcare limits slide European shares fell on Friday as worries about the stability of Italy's government and ongoing Sino-U.S. trade tensions Published 09 Aug, 2019 10:25am
Markets Tokyo stocks close higher on Wall St gains TOKYO: Tokyo stocks closed higher on Friday, following rises on Wall Street, as data showed the world's third-biggest e Published 09 Aug, 2019 09:12am
Markets European stock markets fall at open LONDON: European stock markets fell at the start of trading on Friday, with London's benchmark FTSE 100 index down 0.3 p Published 09 Aug, 2019 09:09am
Markets Aussie, NZ dollars seen defying gravity, even as gravity wins out SYDNEY: Analysts still maintain a remarkably sanguine outlook for the Australian and New Zealand dollars in the latest R Published 09 Aug, 2019 08:53am
Markets London nickel retreats, but heads for best week since Nov 2017 BEIJING: London nickel prices eased on Friday, slipping from a 16-month high struck in the previous session, after Indon Published 09 Aug, 2019 08:43am
Markets Palm hits 3-1/2-month high on stronger overnight soyoil KUALA LUMPUR: Malaysian palm oil futures extended gains on Friday and hit their highest in nearly three-and-a-half month Published 09 Aug, 2019 08:40am
World China producer prices fall for first time in 3 years, deflation worries resurface BEIJING: China's factory gate prices shrank for the first time in three years in July, stoking deflation worries and add Published 09 Aug, 2019 08:37am
World Australia economy seen turning up, rate cuts still on table SYDNEY: Australia's economy may have reached a "gentle turning point," led by a tentative pick-up in home prices, tax cu Published 09 Aug, 2019 08:35am
Business & Finance Huawei launches own operating system to rival Android DONGGUAN, China: Chinese telecom giant Huawei unveiled its own operating system on Friday, as it faces the threat of los Published 09 Aug, 2019 08:33am
Markets Gold eyes best week in over 3 years on trade, growth concerns Gold firmed above the key $1,500 pivot on Friday, en route to its best week since April 2016, as an escalation in the Si Published 09 Aug, 2019 08:13am
Business & Finance BAE finance chief to step down next year, taps Greve to take over LONDON: BAE Systems, Britain's biggest defence company, said on Friday its group finance director Peter Lynas would reti Published 09 Aug, 2019 08:12am
World Apple supplier Japan Display posts 10th straight quarter of net loss TOKYO: Cash-strapped Japan Display Inc reported on Friday its tenth consecutive quarterly loss, hit by weak iPhone sale Published 09 Aug, 2019 08:05am
Business & Finance Indonesia central bank to remain in market to stabilize rupiah-governor JAKARTA; Indonesia's central bank will remain in the market to stabilise the rupiah, Bank Indonesia's governor said on F Published 09 Aug, 2019 08:00am
World Heatwave caused nearly 400 more deaths in Netherlands -stats agency AMSTERDAM: Almost 400 people more died in the Netherlands during Europe's recent record-breaking heatwave than in a regu Published 09 Aug, 2019 07:59am
Business & Finance Huawei says tough to meet No.1 smartphone vendor goal due to U.S. curbs SHENZHEN/HONG KONG: China's Huawei Technologies said on Friday it would be difficult for the firm to meet its previous g Published 09 Aug, 2019 07:45am
Markets South Korean stocks gain as yuan pauses for breath; down 3% for week SEOUL: Round-up of South Korean financial markets: South Korean shares closed nearly 1% higher on Friday as a stabilis Published 09 Aug, 2019 07:44am
World German trade surplus shrinks as import growth powers ahead BERLIN: Germany's trade surplus narrowed in the first half of the year as strong domestic demand led to imports growing Published 09 Aug, 2019 07:40am
Markets China's yuan slips, on track for worst week in more than a year China's yuan, the focus of attention this week, weakened slightly on Friday and was on track for its biggest weekly loss Published 09 Aug, 2019 07:38am
Markets Oil edges up on expectations of more OPEC output cuts, but trade worries linger SEOUL: Oil prices inched higher on Friday as expectations of more OPEC production cuts provided some support, although c Published 09 Aug, 2019 07:36am