Business & Finance India central bank net FX forward in up to 1 year down $6.5bn in December MUMBAI: The Reserve Bank of India's net forward dollar book fell by $6.49 billion in up to one-year maturity in Dece Published 02 Feb, 2015 05:24am
World Swiss leading indicator edges lower as outlook worsens ZURICH: Switzerland's leading economic indicator edged lower in January, a survey showed on Friday, though the readi Published 30 Jan, 2015 10:53am
Markets Norway central bank to sell NOK 700mn of FX per day in Feb OSLO: Norway's central bank will sell foreign exchange equivalent of 700 million crowns ($89.7 million) per day in F Published 30 Jan, 2015 10:49am
Markets Vietnam index loses 1.2pc on widespread selling HANOI: Vietnam's benchmark VN Index dropped 1.24 percent to a one-week low close on Friday, as investors cut their r Published 30 Jan, 2015 10:27am
Markets Periphery yields fall as deflation risk grabs attention away from Greece LONDON: Yields on the euro zone's lowest-rated bonds dropped on Friday with deflation risks taking centre stage agai Published 30 Jan, 2015 10:21am
Top News Pakistani importers buy about 60,000 tonnes soyoil HAMBURG: Pakistani importers have bought about 60,000 tonnes of soyoil, continuing purchases as prices fell sharply this Published 30 Jan, 2015 10:12am
Markets China money rates rise on seasonal cash pressure, stock exchange SHANGHAI: China's money markets rose on Friday, with the major benchmark money rate gaining over 24 basis points on Published 30 Jan, 2015 10:02am
Business & Finance Georgian central bank to tighten monetary policy next week TBILISI: Georgia's central bank plans to tighten monetary policy from next week, the bank's chief said on Friday Published 30 Jan, 2015 09:54am
Business & Finance India's SpiceJet board approves up to $243mn share sale plan MUMBAI: Troubled Indian carrier SpiceJet Ltd said its board has approved selling shares worth up to 15 billion rupees ($ Published 30 Jan, 2015 07:56am
Markets Yuan eases, stays near daily limit as analysts call for wider band SHANGHAI: China's yuan weakened slightly on Friday, trading within a hair's breadth of lower limit of the offici Published 30 Jan, 2015 07:46am
Markets Unipec buys rare gasoil cargo from India SINGAPORE: Unipec, the trading arm of China's Sinopec, bought a rare gasoil cargo from India's Mangalore Refiner Published 30 Jan, 2015 07:43am
Markets Tanzania buys over 250,000 tonnes oil products from Addax SINGAPORE: Tanzanian importers bought more than 250,000 tonnes of oil products for delivery in March from Addax Energy, Published 30 Jan, 2015 07:39am
Business & Finance Sunac China to buy 49.3pc stake in troubled developer Kaisa HONG KONG: Sunac China Holdings has agreed to buy a 49.3 percent stake in troubled Chinese property developer Kaisa Grou Published 30 Jan, 2015 07:35am
Business & Finance Shell says 'optimistic' on US refinery contract talks HOUSTON: Lead industry negotiator Royal Dutch Shell Plc said on Thursday it was "optimistic" a new three-year agreement Published 30 Jan, 2015 07:30am
Markets Oil prices slip as output remains high, producers slash costs SINGAPORE: Oil prices dipped on Friday following slight gains in the previous session and analysts said the outlook rema Published 30 Jan, 2015 07:27am
Business & Finance Japan fund managers favour bonds despite low yields TOKYO: Japanese fund mangers still want to put more than half their assets under management into bonds, despite falling Published 30 Jan, 2015 07:24am
Markets Iron ore set for worst month since May as rout extends SHANGHAI/SINGAPORE: Spot iron ore prices were heading for their biggest monthly fall since May last year as a glut kept Published 30 Jan, 2015 07:22am
Markets Commodity currencies feel heat; dollar, yen, euro stable SYDNEY/TOKYO: Commodity currencies nursed hefty losses on Friday, as investors sent the Australian dollar to 5 1/2 year Published 30 Jan, 2015 07:19am
Markets China stocks fall on margin trading probe SHANGHAI: China stocks resumed their decline on Friday morning, with investment sentiment dampened by fresh investigatio Published 30 Jan, 2015 07:05am
Markets China stocks fall on margin trading probe SHANGHAI: China stocks resumed their decline on Friday morning, with investment sentiment dampened by fresh investigatio Published 30 Jan, 2015 07:03am