Markets MOL swings to loss, even though downstream performs well BUDAPEST: Hungarian oil group MOL Plc swung to a quarterly loss on Tuesday, partly due to one-off costs and a steep fall Published 24 Feb, 2015 10:20am
Business & Finance Canadian National Railway reaches tentative deal with union TORONTO/GATINEAU: Canada's biggest railway reached a last-minute tentative agreement with one of its unions on Monda Published 24 Feb, 2015 09:57am
Top News Indonesia says executions won't be delayed despite mercy pleas JAKARTA: Indonesia's president said on Tuesday the planned execution of 11 convicts on death row, most on drugs char Published 24 Feb, 2015 09:45am
Markets Sri Lankan spot rupee steady; central bank defends after freezing rates COLOMBO: The Sri Lankan spot rupee was unchanged in dull trade on Tuesday as the central bank defended it via moral suas Published 24 Feb, 2015 09:30am
Markets Nikkei rises to another 15-year high; market awaits Yellen speech TOKYO: Japan's Nikkei share average rose for a fifth straight day on Tuesday and scored another 15-year high after t Published 24 Feb, 2015 09:25am
Top News US raises concerns over "made in Indonesia" smart phone law JAKARTA/WASHINGTON: The United States is pressing Indonesia to relax local-content rules it believes will handicap effor Published 24 Feb, 2015 09:21am
Markets JGBs edge higher, bolstered by solid 40-year sale TOKYO: Japanese government bonds firmed on Tuesday, bolstered by solid demand at a 40-year auction.The Ministry of Finan Published 24 Feb, 2015 08:31am
Business & Finance Turkcell unit wins 3G mobile licence in Ukraine ISTANBUL: Astelit, a subsidiary of Turkish mobile operator Turkcell, won a tender for a 3G UMTS mobile licence in Ukrain Published 24 Feb, 2015 08:18am
Markets Kinepolis raises dividend after visitor increase BRUSSELS: Belgian cinema operator Kinepolis raised its shareholder payout after posting an 8 percent rise in visitors fo Published 24 Feb, 2015 08:15am
Business & Finance Saudi's Mobily says chairman quits, appoints replacement DUBAI: The chairman of Saudi Arabia's Etihad Etisalat (Mobily) has resigned with immediate effect, the kingdom's Published 24 Feb, 2015 08:01am
Markets Belarus says reduces share of forex revenues firms have to sell MINSK: The Belarussian central bank said on Tuesday it had reduced the share of foreign-currency revenues that Belarussi Published 24 Feb, 2015 07:56am
World Possible rate hikes unlikely to affect Mexico growth much MEXICO CITY: Possible interest rate increases in the months ahead are unlikely to have a major impact on growth in Mexic Published 24 Feb, 2015 07:40am
Markets Gulf markets mixed; Abu Dhabi Ship Building surges DUBAI: Gulf stock markets were mixed in early trade on Tuesday as volatile oil prices provided no clear cues for investo Published 24 Feb, 2015 07:33am
Markets Thailand to delay bidding for petroleum concessions indefinitely BANGKOK: Thailand's military government will delay bidding for petroleum concessions indefinitely, pending an amendm Published 24 Feb, 2015 07:30am
World Japan Inc shops abroad to duck bleak domestic prospects TOKYO: With shrinking prospects at home and the threat of further yen weakness, Japanese companies are rushing to buy ov Published 24 Feb, 2015 07:26am
Markets Thai Bangchak Petroleum to invest over $600mn in 2015-2016 BANGKOK: Bangchak Petroleum PCL will invest 20 billion baht ($610 million), mainly on exploration and production, in 201 Published 24 Feb, 2015 07:16am
Markets TOCOM ends down 1.2pc, follows oil lower TOKYO: Benchmark Tokyo rubber futures ended down 1.2 percent on Tuesday, extending declines, weighed down by losses in g Published 24 Feb, 2015 07:03am
Markets Ukraine bonds fall to 40 cents in dollar as sell-off grips LONDON: Russian and Ukrainian sovereign bonds sold off heavily on Monday, with the latter now trading around 40 cents in Published 23 Feb, 2015 02:03pm
Markets India central bank says conducted bond switch for 88bn rupees MUMBAI: The Indian government bought back 88 billion rupees ($1.42 billion) of bonds maturing in the fiscal years 2015/1 Published 23 Feb, 2015 01:56pm
World Modi's bid to ease land for companies could impact Indian reforms NEW DELHI: A bid by Indian Prime Minister Narendra Modi to make it easier for businesses to buy farm land for infrastruc Published 23 Feb, 2015 01:28pm