Markets Bunds rally on gloomy Fed outlook, Operation Twist LONDON : Bund futures opened higher on Thursday as the US Federal Reserve's gloomy outlook on economic growth hit riskie Published 22 Sep, 2011 06:46am
Markets South Africa's rand off 2-year lows, eyes on Central Bank statement JOHANNESBURG: South Africa's rand bounced from two year lows against the dollar on Thursday but remained vulnerable as i Published 22 Sep, 2011 06:39am
Markets Kenyan shilling slumps to record low for third day NAIROBI: The Kenyan shilling slumped to a record low against the dollar on Thursday on the back of euro weakness, trader Published 22 Sep, 2011 06:36am
Business & Finance Deutsche Telekom to buy back shares for 1.7bn euro FRANKFURT: Deutsche Telekom said it would return about 1.72 billion euros ($2.35 billion) to shareholders by buying back Published 22 Sep, 2011 06:27am
Markets Australia gives Chevron's Wheatsone LNG environment approval CANBERRA: Australia's government gave environmental approval on Thursday to Chevron Corp's Wheatstone liquefied natural Published 22 Sep, 2011 06:22am
Business & Finance KDDI to sell iPhone 5 in Japan: Report TOKYO: KDDI Corp, Japan's second-largest mobile carrier by subscribers, has snagged the rights to sell Apple's iPhone 5, Published 22 Sep, 2011 06:21am
Top News Samsung starts new chip line to boost flash memory SEOUL: Samsung Electronics, the world's largest memory chip maker, said Thursday it has begun mass production at a new l Published 22 Sep, 2011 06:15am
Business & Finance Samsung wins $2.1bn order in Saudi Arabia SEOUL: South Korean builder Samsung C&T said Thursday it has secured a $2.1 billion deal to build a thermal power plant Published 22 Sep, 2011 06:10am
World Colombian mine blast kills 3, others trapped BOGOTA: An explosion apparently caused by methane gas ripped through a coal mine in northern Colombia, killing three peo Published 22 Sep, 2011 06:08am
World Palestinians stay on course for UN showdown UNITED NATIONS: Palestinian president Mahmud Abbas remained on course for a clash with the United States over his bid fo Published 22 Sep, 2011 06:05am
Markets A$ dips below greenback parity SYDNEY: The Australian dollar dipped below parity with the US dollar on Thursday for only the second time since March, a Published 22 Sep, 2011 05:57am
Business & Finance Foster's chief defends sale of Australian brewer SYDNEY: Foster's executives on Thursday defended the decision to approve a takeover for the Australian brewer which will Published 22 Sep, 2011 05:50am
World Russia awaits election season hints from ruling duo MOSCOW: President Dmitry Medvedev and Prime Minister Vladimir Putin on Saturday make a rare joint appearance at the cong Published 22 Sep, 2011 05:40am
World Bolivia's Morales slams UN 'imperialism' UNITED NATIONS: Bolivian President Evo Morales slammed the UN's key body as the "Council of Insecurity" Wednesday as he Published 22 Sep, 2011 05:35am
Markets Asia ex-Japan G3 bond issue pipeline TOKYO: Beijing-based steel manufacturer Shougang Corp has mandated Bank of China International, DBS Bank and JP Morgan f Published 22 Sep, 2011 05:27am
Markets Australian stocks down 2.05pc at the open SYDNEY : Australian stocks slumped 2.05 percent at the open on Thursday after the US Federal Reserve painted a grim pict Published 22 Sep, 2011 05:18am
Top News One dead, dozens wounded after double blast in Russia MOSCOW : Scores of policemen and civilians were injured and one died after a double blast near regional interior ministr Published 22 Sep, 2011 05:09am
Markets Polish zloty weakens 1pc against euro since Wednesday close WARSAW: Poland's zloty weakened 1.0 percent against the common currency, hovering around its 26-month lows versus euro i Published 22 Sep, 2011 04:42am
Top News Sweden announces 2012 crisis budget STOCKHOLM : The Swedish government announced Tuesday a 15 billion krona (1.6 billion euro) budget for 2012 aimed at coun Published 20 Sep, 2011 10:31am
Top News ECB chief calls for new reforms in Spain MADRID : European Central Bank chief Jean-Claude Trichet pressed Spain to enact new, deep-rooted reforms to accelerate Published 20 Sep, 2011 10:27am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points