Business & Finance Japan may ease rules to help banks compete better in online payments TOKYO: Japan is considering relaxing rules on what businesses bank holding companies can own, a person with direct knowl Published 25 Feb, 2015 11:23am
Markets Rio Tinto CEO sees no chance of a Glencore merger MELBOURNE: Global miner Rio Tinto will not be taken over by rival Glencore because there is no value in it for sharehold Published 25 Feb, 2015 11:17am
Markets Nikkei snaps 5-day winning streak but Yellen comments temper losses TOKYO: Japanese stocks snapped a five-day winning streak on Wednesday as investors grew cautious that the market was bec Published 25 Feb, 2015 11:11am
Markets Norway's consumer confidence fall to six-year low in Q1 OSLO: Norwegian consumer confidence fell to its lowest level since the spring of 2009 in the first quarter as weak oil p Published 25 Feb, 2015 11:08am
Business & Finance Fresenius sees 2015 adjusted net income up 9-12pc FRANKFURT: German healthcare group Fresenius SE expects its adjusted net income to rise between 9 and 12 percent at cons Published 25 Feb, 2015 11:02am
Business & Finance Hong Kong pledges $4.4 billion sweeteners in post-protest budget HONG KONG: Hong Kong unveiled HK$34 billion ($4.4 billion) worth of sweeteners in its budget on Wednesday, including mea Published 25 Feb, 2015 10:19am
Business & Finance Swedish central bank says will use tools at disposal to push up inflation STOCKHOLM: Sweden's central bank pledged to use the tools at its disposal to push inflation higher, the six members Published 25 Feb, 2015 10:14am
Business & Finance Apple ordered to pay $533mn for patent infringement NEW YORK: Apple Inc has been ordered to pay $532.9 million after a federal jury found its iTunes software infringed thre Published 25 Feb, 2015 10:06am
Business & Finance South Africa's Mondi FY profit up 10pc on packaging paper sales JOHANNESBURG: South African paper maker Mondi reported a 10 percent rise in full-year underlying profit on Tuesday on ri Published 25 Feb, 2015 09:59am
Markets Asian shares rise after Yellen stresses policy flexibility TOKYO: Asian stocks rose on Wednesday, taking their cues from Wall Street's gains after Federal Reserve Chair Janet Published 25 Feb, 2015 09:54am
Markets Russia gas oil exports up 9.9pc in January on-month MOSCOW: Russian gas oil and fuel oil exports rose 9.9 percent and 1.5 percent, respectively, in January from the month b Published 25 Feb, 2015 09:45am
Business & Finance Bouygues says economy, telecoms push 2014 profit lower PARIS: French conglomerate Bouygues posted lower 2014 operating profit on Wednesday in the face of a stagnant domestic e Published 25 Feb, 2015 09:37am
Markets Gold rebounds from 7-week low as Yellen flags flexibility SINGAPORE: Gold jumped 1 percent on Wednesday after dropping to a seven-week low the session before, with Federal Reserv Published 25 Feb, 2015 09:31am
Markets Russia's refinery runs in January down 1.8pc on month MOSCOW: Russian oil refinery runs in January fell by 1.8 percent month-on-month or 104,583 barrels per day (bpd), data f Published 25 Feb, 2015 09:24am
Business & Finance AXA 2014 profit rises 12pc on cost cuts PARIS: AXA, Europe's second-biggest insurer, posted a 12 percent increase in 2014 net profit on lower expenses, voic Published 25 Feb, 2015 09:17am
Business & Finance Fresenius Medical Care says profit may not grow until 2016 FRANKFURT: German kidney dialysis specialist Fresenius Medical Care (FMC) said investors may have to wait until 2016 for Published 25 Feb, 2015 08:33am
Markets Ukraine exports 24mn Tonne grain so far in 2014-15 KIEV: Ukraine has exported 24.0 million tonnes of grain since July 1, 0.4 percent more than in the same period a year ea Published 25 Feb, 2015 08:13am
Business & Finance Kier hikes dividend after 11pc rise in H1 revenue LONDON: British support services and construction firm Kier Group raised its dividend after posting an 11 percent rise i Published 25 Feb, 2015 08:13am
Business & Finance AstraZeneca taps biotech firm Orca for autoimmune disease drugs LONDON: AstraZeneca has boosted its early-stage research in autoimmune disease by signing a three-year research deal wit Published 25 Feb, 2015 08:13am
Business & Finance Tata Steel Thai unit expects net loss for 2014/15 on weak demand BANGKOK: Tata Steel Thailand PCL , the Thai unit of India's Tata Steel Group, said on Wednesday it expected to post Published 25 Feb, 2015 08:11am