Markets Sri Lankan rupee forwards weaker on importer dollar demand COLOMBO: Sri Lankan rupee forwards traded slightly weaker on Friday due to importer dollar demand, while traders awaited Published 27 Feb, 2015 11:50am
Business & Finance IAG extends lead over rivals on 2015 profit upgrade LONDON: British Airways-owner International Airlines Group increased its 2015 profit forecast by more than 20 percent, o Published 27 Feb, 2015 11:36am
World Swedish Q4 GDP beats expectations, dilemma for central bank STOCKHOLM: Sweden's economy grew at the fastest pace in more than three years in the fourth quarter, presenting the Published 27 Feb, 2015 11:26am
Markets China outstanding QFII quota at $70bn at end February BEIJING: The outstanding amount of China's dollar-denominated Qualified Foreign Institutional Investor (QFII) progra Published 27 Feb, 2015 11:15am
Markets Pacific Crude-Stronger; import tenders eyed SINGAPORE: The Asia-Pacific crude market found continued support from robust refinery demand, with traders awaiting the Published 27 Feb, 2015 11:06am
Markets India says clean energy a $160bn opportunity over 5 years NEW DELHI: India's renewable energy industry is likely to generate business opportunities worth $160 billion in the Published 27 Feb, 2015 11:00am
Sports UCI recommends Astana team be stripped of licence PARIS: The International Cycling Union (UCI) announced on Friday that it wants the licencing commission to strip the Ast Published 27 Feb, 2015 10:57am
Markets European shares at fresh 7-year high as ECB QE nears LONDON: European shares rose to fresh seven-year highs on Friday, extending a two-month rally fuelled by the European Ce Published 27 Feb, 2015 10:49am
Markets Turkish lira hovers near record lows on central bank concerns ISTANBUL: The Turkish lira hovered near record lows on Friday as investors worried whether Central Bank Governor Erdem B Published 27 Feb, 2015 10:43am
Markets Russia's February wheat exports plunge 57pc after tax imposed MOSCOW: Russia's wheat exports have fallen 57 percent year-on-year in February after the government imposed a tax on Published 27 Feb, 2015 10:38am
Business & Finance China issues 4G FDD licences to China Telecom, China Unicom BEIJING: China has issued licences to operate 4G wireless networks to China Telecom Corp Ltd and China Unicom Hong Kong Published 27 Feb, 2015 10:30am
Business & Finance Singapore Exchange names new chief regulatory officer SINGAPORE: Singapore Exchange Ltd (SGX) on Friday said Richard Teng was stepping down as chief regulatory officer, and t Published 27 Feb, 2015 10:26am
World French consumer spending data fuels hope for recovery PARIS: French consumer spending rose 0.6 percent in January from December, data released on Friday showed , an indicatio Published 27 Feb, 2015 10:25am
Markets Malaysia's Petronas posts $2bn quarterly loss amid global oil slump KUALA LUMPUR: Petroliam Nasional Bhd, Malaysia's state oil company more commonly know as Petronas, reported a quarte Published 27 Feb, 2015 10:25am
Markets Vietnam's Feb crude oil output rises 8.7pc y/y HANOI: Vietnam's crude oil production in February reached an estimated 1.3 million tonnes, or 340,000 barrels per da Published 27 Feb, 2015 10:24am
Business & Finance Lloyds investment case hinges on its next dividend LONDON: The UK bank's first payout since 2008 is an encouraging milestone. But it's largely symbolic. The critic Published 27 Feb, 2015 10:23am
Markets Russian gas supplies to Ukraine seen at 68.9 mcm on Friday MOSCOW: Russian natural gas producer Gazprom said total Russian gas supplies to Ukraine were expected to reach 68.9 mill Published 27 Feb, 2015 10:22am
Markets Prices slip as nearby Ukraine risk premium fades LONDON: Prompt natural gas prices in Britain slipped on Friday, as supply and demand were close to balanced, and the pol Published 27 Feb, 2015 10:19am
World Croatia's 2014 GDP contracts 0.4pc over 2013 ZAGREB: Croatia's economy contracted 0.4 percent in 2014, the state statistics bureau said in its flash estimate on Published 27 Feb, 2015 10:19am
Business & Finance Mazda bets on diesel-only car for Japan launch of key 2015 model TOKYO: Japan's Mazda Motor Corp will sell only diesel-powered cars in the domestic launch of its key model for 2015, Published 27 Feb, 2015 10:18am