Markets Australian shares close 0.6 percent higher SYDNEY: Australian shares bucked a poor performance by Wall Street to edge 0.6 percent higher on Thursday, aided by a hu Published 28 Jan, 2016 09:45am
Business & Finance Roche 2015 core net income lags estimates BASEL: Swiss drugmaker Roche on Thursday missed analyst expectations by posting 2015 core net income of 11.84 billion Sw Published 28 Jan, 2016 09:32am
World Indonesia's inflation rate seen rising in Jan JAKARTA: Indonesia's annual inflation rate likely accelerated in January due to rising food prices, a Reuters poll s Published 28 Jan, 2016 09:29am
Markets Australia iron ore miner Fortescue steps up cost-cuts to stay in black MELBOURNE: Australia's Fortescue Metals Group said on Thursday that it could weather far lower iron ore prices than Published 28 Jan, 2016 09:27am
Business & Finance Deutsche Bank's investment bank slips to Q4 loss FRANKFURT: Deutsche Bank posted a pretax loss of 1.15 billion euros ($1.25 billion) in its investment bank in the fourth Published 28 Jan, 2016 09:23am
Markets Gold slips from 12-wk high on less dovish Fed, firm dollar MANILA: Gold edged down from 12-week highs on Thursday after the U.S. Federal Reserve acknowledged a challenging global Published 28 Jan, 2016 09:17am
Markets China vows tougher regulation of genetically modified crops BEIJING: China aims to crack down further on the cultivation of illegal genetically modified crops, a senior agricultura Published 28 Jan, 2016 09:16am
Business & Finance POSCO's Q4 operating profit down 55pc, misses estimates SEOUL: South Korean steelmaker POSCO posted its smallest quarterly operating profit in at least three years, as steel pr Published 28 Jan, 2016 09:12am
Business & Finance Ride-hailing app Grab sees some profitable services this year SINGAPORE: Ride-hailing app Grab, which competes with Uber Technologies in southeast Asia, expects some of its services Published 28 Jan, 2016 09:03am
Business & Finance Takata prepares CEO exit over air bag safety scandal: sources TOKYO: Takata Corp is preparing the ground for the exit of its chief executive, two people close to the Japanese air bag Published 28 Jan, 2016 09:00am
Business & Finance MUFG picks Takashi Oyamada as chief of core banking unit TOKYO: Mitsubishi UFJ Financial Group Inc (MUFG) said on Thursday it has appointed Deputy President Takashi Oyamada to s Published 28 Jan, 2016 08:54am
Business & Finance SSE to cut British gas prices by 5.3pc from March 29 LONDON: SSE, one of Britain's big six power companies, will cut its domestic gas prices by an average of 5.3 percent Published 28 Jan, 2016 08:45am
Markets JGBs edge down but solid 2-year sale supports TOKYO: Japanese government bonds mostly edged down on Thursday as investors awaited the outcome of the Bank of Japan' Published 28 Jan, 2016 08:41am
Markets Bahrain working with banks to tap existing $1.5bn bond DUBAI:Bahrain is working with banks about a potential re-tap of a dollar-denominated two-part bond issued late last year Published 28 Jan, 2016 08:40am
World Thai finance ministry trims 2016 GDP growth forecast to 3.7pc vs 3.8 pc BANGKOK: Thailand's economy is expected to grow 3.7 this year, according to the finance ministry, slightly down from Published 28 Jan, 2016 08:26am
Business & Finance Babcock chief executive Peter Rogers to retire in August LONDON: British engineering and support services firm Babcock said chief executive Peter Rogers would retire in August a Published 28 Jan, 2016 08:22am
Business & Finance Electrolux slumps to Q4 loss as GE deal collapse weighs STOCKHOLM: Home appliance maker Electrolux skidded to a slightly smaller than expected quarterly loss as costs for the a Published 28 Jan, 2016 08:17am
World South Korea plans new steps to boost shipments, Iran in its sights SEOUL: South Korea's finance ministry said on Thursday it aims to pre-empt a downturn in the economy by diversifying Published 28 Jan, 2016 08:13am
Business & Finance SCA Q4 core profit lags forecast STOCKHOLM: Swedish hygiene products maker SCA posted a smaller than expected rise in fourth-quarter core earnings on Thu Published 28 Jan, 2016 08:06am
Business & Finance H&M Q4 pretax profit falls in line with forecast STOCKHOLM: Swedish fashion retailer Hennes & Mauritz reported on Thursday a drop in fiscal fourth-quarter pretax pro Published 28 Jan, 2016 08:02am