Business & Finance Whitbread sales growth accelerates in second quarter LONDON: Whitbread, Britain's biggest hotel and coffee shop operator reported accelerating sales growth in the second qua Published 06 Sep, 2011 08:33am
Top News CVC weighs $3.7bn debt refinancing at Nine: Sources MELBOURNE: Private equity firm CVC Asia Pacific is considering refinancing up to A$3.5 billion ($3.7 billion) in debt at Published 06 Sep, 2011 08:17am
Business & Finance Banking venture NBNK in talks over acquisition LONDON: British banking venture NBNK Investments said on Tuesday that it was in talks over making an acquisition but dec Published 06 Sep, 2011 08:07am
Markets Gold surges 1pc to record on growth woes, Europe fears SINGAPORE: Spot gold climbed more than one percent to a record high above $1,920 on Tuesday, as concerns about a worseni Published 06 Sep, 2011 08:00am
Markets Aussie & NZ dollars dragged down by global jitters WELLINGTON/SYDNEY: The Aussie and New Zealand dollars were on the backfoot on Tuesday as concerns about the health of th Published 06 Sep, 2011 07:57am
Markets Indian bond yields nudge up; inflation worries stay MUMBAI: Indian federal bond yields Edged up on Tuesday after the central bank said the proportion of deposits that banks Published 06 Sep, 2011 07:53am
Markets Norway resumes gas exports to Germany, cutting to UK LONDON: The Norway-Germany Europipe 1 gas pipeline resumed flowing gas on Tuesday following a planned 12-day outage, div Published 06 Sep, 2011 07:49am
Markets South Africa to raise 1.1bn rand from bonds JOHANNESBURG: Bonds were firm and dealers were waiting for the results of a government auction after 0900 GMT to gauge Published 06 Sep, 2011 07:29am
Markets South Africa's rand still under pressure JOHANNESBURG: The downward spiral for South Africa's rand continued on Tuesday when it opened at a one-week low against Published 06 Sep, 2011 07:16am
Markets Thailand sees higher rice output, despite floods BANGKOK: Thailand, the world's biggest rice exporter, was expected to produce more rice in the current 2011/12 crop desp Published 06 Sep, 2011 07:08am
Business & Finance Nigeria Central Bank Chief sees China yuan becoming reserve currency BEIJING: China's yuan will inevitably become a global reserve currency, Nigeria's central bank governor said on Tuesday, Published 06 Sep, 2011 07:02am
Markets JGB futures hit 10-month high as euro zone risks mount TOKYO: Japanese government bond futures rose to a 10-month high on Tuesday, supported by safe-haven demand on renewed fe Published 06 Sep, 2011 06:54am
Markets Hong Kong shares fall 0.94pc by break HONG KONG: Hong Kong shares finished the morning session 0.94 percent lower on Tuesday, following a huge sell-off in Eur Published 06 Sep, 2011 06:45am
Top News Import surge to hit Australia growth: Data SYDNEY: A spike in Australian imports due to the strong local dollar dampened hopes of a sharp economic rebound, figures Published 06 Sep, 2011 06:38am
Business & Finance Temasek raises stake in China Construction Bank SINGAPORE: Temasek Holdings has increased its stake in China Construction Bank to 8.10 percent from 6.27 percent, accord Published 06 Sep, 2011 06:34am
Top News No plans for Brussels-backed ratings firm: Barroso SYDNEY: European Commission Chief Jose Manuel Barroso on Tuesday ruled out creating a Brussels-backed public ratings age Published 06 Sep, 2011 06:08am
Business & Finance European bank shares hit 29-month low LONDON : European bank shares fell sharply on Monday to hit their lowest level in 29 months, on worries that a US regu Published 05 Sep, 2011 10:24am
Business & Finance Deutsche Telekom could miss fee if AT&T deal fails: Source FRANKFURT : Deutsche Telekom AG could miss out on a multi-billion dollar break fee if regulatory hurdles cause the failu Published 05 Sep, 2011 10:20am
Business & Finance Ashmore, Meggitt poised for promotion to FTSE 100 LONDON : Fund manager Ashmore Group is the only mid cap stock eligible for automatic promotion to Britain 's FTSE 100 i Published 05 Sep, 2011 10:14am
Markets Slovakia looks at syndicated bond, worried about market conditions BRATISLAVA: Slovakia may sell up to 2 billion euros ($2.8 bln) worth of a new seven-year bond via syndication this autum Published 05 Sep, 2011 10:05am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points