Business & Finance US regulators close Virginia, California banks WASHINGTON: US regulators closed two banks -- one in Norfolk, Virginia and the other in Nevada City, California -- on Fr Published 24 Sep, 2011 05:10am
Top News Bill Gates backs Tobin tax, G20 unconvinced WASHINGTON: Microsoft founder Bill Gates on Friday backed a controversial financial transactions tax to aid development Published 24 Sep, 2011 05:02am
Top News 10 killed in Orakzai air raid ORAKZAI: 10 militants killed and three hideouts destroyed in Orakzai after army warplanes raided the area, local governm Published 24 Sep, 2011 04:56am
Markets Liffe certified cocoa stocks rise LONDON: Valid cocoa stocks in NYSE Liffe's nominated warehouses as of September 19 rose to 112,680 tonnes from 84,740 to Published 23 Sep, 2011 10:16am
Business & Finance ArcelorMittal faces recession fitness grilling BRUSSELS: ArcelorMittal , the world's largest steelmaker, will face questions about its response to the sharp global dow Published 23 Sep, 2011 10:08am
Business & Finance Sinopec to start test runs at Beihai refinery: Sources BEIJING: Sinopec Group, parent of China Petroleum & Chemical Corp (Sinopec Corp), will start test runs at its new 100,00 Published 23 Sep, 2011 10:07am
Top News India trade secretary: not possible to conclude Doha round in 2011, 2012 NEW DELHI: India's Trade Secretary Rahul Khullar said on Friday said it will not be possible to conclude the Doha round Published 23 Sep, 2011 10:00am
Business & Finance Coene says ECB ready to act if things get worse: BBG FRANKFURT: The European Central Bank is ready to act already next month if the economy is performing worse than expected Published 23 Sep, 2011 09:54am
Top News WTO cuts 2011 world trade growth forecast to 5.8pc GENEVA : The World Trade Organization on Friday cut its 2011 trade growth forecast to 5.8 percent from 6.5 percent as ea Published 23 Sep, 2011 08:41am
World South Korea seeks world listing for tense border area SEOUL : South Korea is seeking international recognition of its tense border region with North Korea as an area rich Published 23 Sep, 2011 08:31am
Markets Taiwan to issue T$140bn in government bonds in Q4-ministry TAIPEI: Taiwan plans to issue T$140 billion ($4.6 billion) in government bonds and T$105 billion in treasury bills in th Published 23 Sep, 2011 08:01am
Markets Australia government to further deregulate wheat exports CANBERRA : Australia will abolish its wheat export regulator and a levy on all wheat exports from September 30, 2012 Published 23 Sep, 2011 07:53am
Top News PSA eyes job cuts amid economic weakness: Reports PARIS : Carmaker PSA Peugeot Citroen plans to cut jobs in France in the coming weeks in response to a slowing economy, Published 23 Sep, 2011 07:49am
Markets Inquiries emerge as futures tumble; Indian whites slip SINGAPORE : Fresh inquires emerged after New York sugar futures dropped to their weakest since June on fears of a glob Published 23 Sep, 2011 07:47am
Markets Rouble hits weakest since mid-August 2009 MOSCOW : The rouble extended losses at Friday's opening along with the Russian stock markets, pressured by ongoing capit Published 23 Sep, 2011 07:42am
Markets Global recession jitters drive palm oil to month low KUALA LUMPUR : Malaysian palm oil futures fell on Friday to their lowest in nearly a month as commodity markets across t Published 23 Sep, 2011 07:38am
Markets South Korea won rebounds on warnings, suspected intervention SEOUL: A combination of verbal warnings and suspected heavy dollar-selling by the authorities helped the South Korean wo Published 23 Sep, 2011 07:35am
Markets India MRPL sells 80,000T low-density fuel oil at 7-month high premium SINGAPORE: Indian refiner Mangalore Refineries & Petrochemicals Ltd (MRPL) sold 80,000 tonnes of low-density, low-water Published 23 Sep, 2011 07:32am
Markets Shanghai copper Q4 target 48,900 yuan/T SINGAPORE : Shanghai copper will fall to 48,900 yuan per tonne in the fourth quarter, with a downside potential at 37, Published 23 Sep, 2011 07:23am
Business & Finance No need to nationalise Greek banks: EU task force BERLIN: Greek banks do not need to be nationalised but should receive direct support from the currency bloc's bailout fu Published 23 Sep, 2011 07:16am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points