Markets European Factors to Watch-Shares seen sharply lower as oil price slides LONDON: European stocks were expected to fall sharply at the open on Wednesday, tracking a similar drop in Asian equitie Published 20 Jan, 2016 08:48am
Markets South Korean shares end at lowest in nearly 5-mth low: won tumbles SEOUL: South Korean shares fell to near five-month lows on Wednesday as falling oil prices and worries over a slower gro Published 20 Jan, 2016 08:42am
Markets Austrian province making 75pc buyback offer for Heta bonds VIENNA: The Austrian province of Carinthia is offering to buy back the senior bonds of "bad bank" Heta Asset Resolution Published 20 Jan, 2016 08:40am
Markets Indian rupee falls to over two-year low MUMBAI: The Indian rupee fell to a more than two-year low on Wednesday, inching closer to a record low of 68.85 hit in A Published 20 Jan, 2016 08:24am
Markets Asian stocks slide to 4-year lows as oil spirals lower HONG KONG: Asian stock markets slumped to fresh four-year lows on Wednesday as a relentless slide in oil prices snuffed Published 20 Jan, 2016 08:22am
Markets Nikkei tumbles to fresh 14-1/2 month low amid oil rout TOKYO: Japan's benchmark Nikkei share average tumbled to a fresh 14-1/2 month low on Wednesday as global markets wer Published 20 Jan, 2016 08:19am
Business & Finance Barry Callebaut beats Q1 sales expectations ZURICH: Swiss chocolate maker Barry Callebaut overshot expectations for its first-quarter sales on Wednesday, with reven Published 20 Jan, 2016 08:15am
Business & Finance Govt of Sharjah to raise $500mn sukuk, to price as early as Weds DUBAI: The emirate of Sharjah will raise $500 million through a five-year sukuk transaction, which could price as early Published 20 Jan, 2016 08:09am
Markets CBOT corn may rise to $3.72 SINGAPORE: CBOT March corn may rise to $3.72 per bushel, as it has broken a resistance at $3.67-1/2.The resistance was p Published 20 Jan, 2016 08:04am
Business & Finance Zurich flags $100mn Q4 loss in general insurance business ZURICH: Zurich Insurance on Wednesday flagged an estimated $100 million fourth-quarter business operating loss for its f Published 20 Jan, 2016 07:54am
Markets Oil falls 2-3pc on surplus worries, as US drops towards $27 SINGAPORE: Crude futures slumped again in Asian trade on Wednesday, with U.S. oil droppping more than 3 percent towards Published 20 Jan, 2016 07:51am
Business & Finance Kuwait's Boubyan Bank says gets regulatory nod for capital DUBAI: Kuwait's Boubyan Bank has received regulatory approval to issue a capital-boosting sukuk worth $250 million, Published 20 Jan, 2016 07:49am
Business & Finance SGS posts 12.7pc net profit drop for 2015 ZURICH: Testing and inspections company SGS SA on Wednesday posted a 12.7 percent drop in net profit for 2015, roughly i Published 20 Jan, 2016 07:32am
Markets China Dec 2015 cotton imports fall 28.85pc : trade website BEIJING: China imported 188,200 tonnes of cotton in December, down 28.85 percent as compared with the same month last ye Published 20 Jan, 2016 07:11am
Markets Bangladesh tea prices flat at weekly auction DHAKA: Tea prices in Bangladesh were almost unchanged at the weekly auction on Tuesday amid higher volumes of poor grade Published 20 Jan, 2016 07:09am
Markets Gold edges higher as Asian stocks retreat, oil extends rout MANILA: Gold edged higher on Wednesday as a further fall in equities and oil burnished bullion's safe-haven draw, al Published 20 Jan, 2016 06:58am
Business & Finance Thyssenkrupp says upbeat even if China slows further : Sueddeutsche Zeitung BERLIN: German industrial group Thyssenkrupp's business in China will not suffer even if growth in the world's s Published 20 Jan, 2016 06:56am
World EU team visits Thailand to assess fishing industry cleanup BANGKOK: A European Union delegation that is visiting Thailand to weigh its progress in battling illegal and unregulated Published 19 Jan, 2016 09:53am
Markets South Korean shares close up on hopes China will unleash more stimulus: won up SEOUL: South Korean shares rose modestly on Tuesday on hopes that China will roll out more stimulus measures after repor Published 19 Jan, 2016 09:46am
Sports Konta resists Australian overtures after Venus upset MELBOURNE: Johanna Konta did not have to wait long after her stunning first round upset of Venus Williams at the Austral Published 19 Jan, 2016 09:44am