Business & Finance Malaysia's Petronas to sell Star Energy in Britain KUALA LUMPUR : Malaysian state energy firm Petronas said Monday it will sell British onshore oil producer Star Energy Gr Published 19 Sep, 2011 09:10am
Markets Swiss securities offer service allowing gold as payment GENEVA : The Switzerland stock exchange's payment clearing company SIX Securities said Monday it has launched a servic Published 19 Sep, 2011 09:04am
Business & Finance Turkey's Migros sees $140-150mn 2012 investment: CEO ISTANBUL : Turkish supermarket chain Migros says it plans $140-150 million investment in 2012 and will open at least two Published 19 Sep, 2011 08:52am
Markets Rouble at weakest against basket since December MOSCOW : Russia 's rouble weakened on Monday to 36.00 against the dollar-euro baskets, its lowest level since December, Published 19 Sep, 2011 08:50am
Business & Finance China property fund laments curbs, sees opportunities SHENZHEN: China 's credit clampdown on the property sector is providing more opportunities for domestic real estate-foc Published 19 Sep, 2011 08:45am
Markets Swiss franc flat against euro, SNB's ceiling holds ZURICH : The Swiss franc held steady against the euro, trading weaker than the 1.20 mark the Swiss National Bank has vow Published 19 Sep, 2011 08:42am
Top News Lloyds Banking's finance director quits LONDON: Lloyds Banking Group's finance director, Tim Tookey, is to quit the partly state-owned British bank to join insu Published 19 Sep, 2011 08:37am
Business & Finance UBS starts probe into $2.3bn rogue trade loss ZURICH : Swiss bank UBS has kicked off an internal investigation into the catastrophic failure of its risk systems after Published 19 Sep, 2011 08:35am
Top News Jaguar Land Rover building new engine plant in UK LONDON: Jaguar Land Rover, part of India's Tata Motors , will build a new engine plant in central England in a 355 milli Published 19 Sep, 2011 08:33am
Markets South Korea won erases 2011 gains to hit 6-month low SEOUL : The South Korean won lost more than 2 percent against the dollar on Monday, wiping out this year's gains on mark Published 19 Sep, 2011 08:31am
Markets Saudi pumped 9.606mn bpd of crude in July DUBAI : Leading oil exporter Saudi Arabia produced 9.606 million barrels a day (bpd) of crude in July, 207,000 bpd les Published 19 Sep, 2011 08:28am
Markets Euro falls on EU stalemate, dollar gains LONDON : The euro fell on Monday, hit by European policymakers failure to calm worries about a Greek default and the ris Published 19 Sep, 2011 08:26am
Business & Finance Turkish Central Bank opens max $70mn forex-selling auction ISTANBUL : The Turkish Central Bank opened a forex-selling auction on Monday with a maximum volume of $70 million, bank Published 19 Sep, 2011 08:24am
Business & Finance South Korea Central Bank to buy back 2-year MSBs before maturity SEOUL : The Bank of Korea plans to buy back up to 2.4 trillion won ($2.2 billion) worth of 2-year monetary stabilisation Published 19 Sep, 2011 08:20am
Markets Egypt's SIIC says buys 35,000/T sugar CAIRO : Egypt 's state-owned Sugar and Integrated Industries Company (SIIC) said on Monday it has bought 30,000 tonnes Published 19 Sep, 2011 08:17am
Markets Tunisia buys 92,000 T wheat, 25,000 T durum HAMBURG : Tunisia 's state grains agency has purchased 92,000 tonnes of soft milling wheat and 25,000 tonnes of durum w Published 19 Sep, 2011 08:14am
Markets Euro bonds are not the answer LONDON: The euro countries aren't going to agree to guarantee each others' debts in time to solve the current crisis. An Published 19 Sep, 2011 08:10am
World Iran security chief holds nuclear talks in Russia MOSCOW : Iran 's top national security official was due in Moscow Monday for talks with Russia focused on Tehran ' Published 19 Sep, 2011 08:07am
Top News Greece to hold crisis talks with eurozone-IMF: Ministry ATHENS : Greece 's finance minister will hold a teleconference with eurozone and IMF officials at about 1200 GMT on ext Published 19 Sep, 2011 08:00am
World Turkish military cargo plane fired on over Libya: News agency ANKARA : A Turkish military cargo plane dropping humanitarian aid over the Libyan town of Bani Walid came under fire f Published 19 Sep, 2011 07:51am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points