Markets Indian rupee drops 1pc on euro zone worries MUMBAI: The Indian rupee shed more than 1 percent on Monday as deepening concerns over impact of Europe's debt crisis on Published 03 Oct, 2011 07:50am
Markets Bunds rise on slow euro zone progress, Greek worries LONDON: Bund futures rose on Monday as investors sought out safe haven German debt with little sign policymakers were ne Published 03 Oct, 2011 07:47am
Markets Oil market balanced, demand outlook dark: UAE DUBAI: Oil supply and demand appears largely in balance but there are "ominous clouds on the horizon" for demand because Published 03 Oct, 2011 07:42am
Business & Finance Banco Popolare sees end-Sept Core Tier 1 at 6.6pc: CEO MILAN: Italy's sixth largest bank Banco Popolare had a Core Tier 1 ratio of 6.6 percent at end-September and aims to bri Published 03 Oct, 2011 07:39am
Markets Dubai's Al Jalila oilfield operational in 2011 DUBAI : Dubai 's Al Jalila oilfield is on track to begin operations before the end of 2011, Sheikh Ahmed, chairman of Published 03 Oct, 2011 07:35am
Markets Indian bond yields hit 3-year high on supply concerns MUMBAI: Indian federal bond yields soared to their highest in three years in heavy volume on Monday, indicating market u Published 03 Oct, 2011 07:31am
Markets NY cocoa to fall to $2,547/T SINGAPORE: New York cocoa has fallen below a range of 2,654-$2,761, and is heading towards $2,547 per tonne. The consol Published 03 Oct, 2011 07:28am
Markets JGBs inch up on Europe woes; capped by hedging for 10-year sale TOKYO: Japanese government bond futures inched up on Monday, supported by fears the euro zone debt crisis would dent app Published 03 Oct, 2011 07:24am
Business & Finance AXA IM hires fund of hedge funds head LONDON: AXA Investment Managers has hired Francisco Arcilla from EIM, the Swiss-based firm founded by high-profile execu Published 03 Oct, 2011 07:21am
Top News Bulgaria's Jan-Aug fiscal deficit at 1pc/GDP SOFIA: Bulgaria's fiscal deficit dropped 52.4 percent to 731.5 million lev ($501.4 million) in the first eight months ma Published 03 Oct, 2011 07:18am
Business & Finance Fiat to produce new Alfa engine in Italy MILAN: Italian automaker Fiat is to produce a new gasoline direct injection turbo engine for its Alfa Romeo brand in Ita Published 03 Oct, 2011 07:15am
Markets Swiss franc hovers close to SNB target ZURICH: The Swiss franc traded near flat against the euro on Monday, sticking close to a target set by the Swiss Nationa Published 03 Oct, 2011 07:10am
Top News India's manufacturing growth at 30-month low NEW DELHI: India's factory output slowed to its lowest pace in 30 months in September, hit by a slew of interest rate hi Published 03 Oct, 2011 07:07am
Life & Style A-listers pack Givenchy show in Paris PARIS: Actresses and models including Liv Tyler, Juliette Binoche and Naomi Campbell packed the front row at Givenchy's Published 03 Oct, 2011 07:04am
World Aid rushed to Philippine flood victims CALUMPIT: Philippine authorities rushed aid Monday to thousands of people marooned in their flooded homes for nearly a w Published 03 Oct, 2011 06:58am
Markets Asian stocks sharply lower over Greece fears TOKYO: Asian markets slumped Monday after Greece said it would miss its deficit target this year, raising doubts over wh Published 03 Oct, 2011 06:48am
Top News Oracle uses Sun to put heat on IBM, HP: Ellison SAN FRANCISCO: Oracle chief executive Larry Ellison on Sunday boasted that the acquisition of business computer equipmen Published 03 Oct, 2011 06:45am
World Afghan yuppies get rich on ten years of war KABUL: "Business is booming, I have made good profits since the Taliban were ousted," said a smiling Sayed Habib as he s Published 03 Oct, 2011 06:42am
Markets Euro falls further amid risk aversion TOKYO : The euro retreated against other major currencies in Asia on Monday as persistent worries over the European so Published 03 Oct, 2011 06:37am
Top News Australian manufacturing slides again SYDNEY: Australian manufacturing slumped for a third consecutive month Monday, intensifying pressure for Canberra to sup Published 03 Oct, 2011 06:32am
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept