Business & Finance Commercial Bank of Qatar says signs upsized $1bn 3 year loan DUBAI: Commercial Bank of Qatar on Wednesday said it had signed a $1 billion, three-year loan for refinancing existing d Published 09 Dec, 2015 07:59am
Markets Australia shares extend losses, New Zealand recovers SYDNEY: Australian shares fell for a second session on Wednesday and closed at their lowest in over three weeks as decli Published 09 Dec, 2015 07:49am
World Thailand to extradite Canadian arrested as 'adviser' to Silk Road website BANGKOK: A Canadian man arrested in Thailand over his alleged role as a senior adviser to the creator of the underground Published 09 Dec, 2015 07:35am
Top News RECORDER REPORT: KSE mid day update KARACHI: On Wednesday, until mid day, KSE-100 Index was at 32983.22 with a positive change of 191.51 and volume of 51,31 Published 09 Dec, 2015 07:16am
World Man admits stealing Chinese TV star's jewels in Copenhagen COPENHAGEN: A Polish man Tuesday admitted to stealing a safe full of jewels, watches and cash worth about $625,000 (575, Published 09 Dec, 2015 06:14am
Markets Hong Kong shares end morning lower HONG KONG: Hong Kong stocks fell Wednesday morning, tracking losses on Wall Street as oil prices sit around seven-year l Published 09 Dec, 2015 05:57am
Business & Finance VW's Skoda Auto not cutting investments, board member says PRAGUE: Volkswagen's Czech unit Skoda Auto will not cut back on investment projects, the carmaker's board member Published 08 Dec, 2015 10:58am
Business & Finance Vodacom surrenders Neotel frequency spectrum in reworked $500mn deal JOHANNESBURG: Vodacom said on Tuesday it would not buy Neotel's highly sought-after frequency network and would offe Published 08 Dec, 2015 10:46am
World UAE sees growth between 3 and 3.5pc in 2015 and 2016 ABU DHABI: The United Arab Emirates is expecting gross domestic product growth of between 3 and 3.5 percent in both 2015 Published 08 Dec, 2015 10:19am
Business & Finance Swiss Treasury reopens 1.25pc 2026 bond, 4pc 2049 bond ZURICH: The Swiss Federal Treasury said on Tuesday it was reopening two bonds.It will top up its 1.25 percent bond matur Published 08 Dec, 2015 10:06am
World Russia beefs up its Armenia base with attack, transport helicopters MOSCOW: Russia has deployed attack and transport helicopters to reinforce its military base in Armenia, RIA news agency Published 08 Dec, 2015 09:53am
Business & Finance Rocket Internet's Lazada to double SE Asia warehouses amid e-commerce boom SINGAPORE: Lazada, the Southeast Asia-focused online retailer founded by Germany's Rocket Internet, plans to double Published 08 Dec, 2015 09:24am
Business & Finance Qalaa Holdings reports $16mn Q3 net loss CAIRO: Qalaa Holdings, one of Egypt's largest investment firms, reported a loss of 125.54 million Egyptian pounds ($ Published 08 Dec, 2015 09:07am
Markets North Sea oil producer EnQuest to ramp up 2016 output by a third LONDON: North-Sea focused oil producer EnQuest will ramp up oil production by a third next year as new fields increase o Published 08 Dec, 2015 08:53am
Markets EGPC negotiating to delay dollar payments owed to banks CAIRO: Egyptian General Petroleum Corp (EGPC) said on Tuesday it is negotiating with banks to delay dollar payments owed Published 08 Dec, 2015 08:37am
World Ho ho no! Hungarian Santa busted in seasonal tax sting BUDAPEST: A Hungarian Santa received a nasty surprise after tax inspectors posing as parents booked him for failing to i Published 07 Dec, 2015 12:06pm
Markets Saudi's Khodari says withdraws capital increase application DUBAI: Saudi Arabia's Abdullah Abdul Mohsin al-Khodari Sons has withdrawn its application with the Capital Market Au Published 07 Dec, 2015 11:27am
Business & Finance Japan securities watchdog recommends $60mn fine for Toshiba TOKYO: Japan's securities watchdog recommended on Monday that Toshiba Corp be fined a record 7.37 billion yen ($59.8 Published 07 Dec, 2015 11:19am
World Israeli air raid targets Hamas camp GAZA CITY: An Israeli air raid early on Monday struck a Hamas training camp in the northern Gaza Strip in response to sh Published 07 Dec, 2015 11:04am
Sports Jadeja ends Amla's resistance, South Africa block on NEW DELHI: India spinner Ravindra Jadeja dismissed Hashim Amla to end South Africa's dogged third-wicket resistance Published 07 Dec, 2015 10:50am