Washington: New US single-family home sales rose more than expected in November and consumer sentiment hovered near a 13-year high this month, strengthening...
Washington: New US single-family home sales rose more than expected in November and consumer sentiment hovered near a 13-year high this month, strengthening...
Beijing: China slapped a $29m fine on General Motors Co for antitrust violations, a sign of the growing tensions between the US and...
Loan bankers in Asia are relying on companies’ merger and acquisition activities and China’s ‘One Belt, One Road’ initiative to fuel loan growth...
The imminent failure of Italy’s third-largest bank, Monte dei Paschi di Siena, is finally bringing the country’s long-festering banking crisis to the centre...
Donald Trump and Republican lawmakers have made no secret of their desire to remove shackles put on banks by the Dodd-Frank Act, and...
Los Angeles: Lockheed Martin Corp led defense stocks lower yesterday after US President-elect Donald Trump’s latest Twitter salvo over the cost of the...
London: The UK current-account deficit widened in the third quarter as Britain posted its worst trade performance in almost three years. The difference...
Yaoundé: IMF chief Christine Lagarde (pictured)yesterday joined a Cameroon summit of central African leaders aimed at tackling economic woes brought on by weak...
Washington: A federal judge said that Volkswagen AG has reached an agreement in principle to provide “substantial compensation” to the owners of about...
London: Gold edged higher yesterday in thin pre-Christmas trade as the dollar retreated from this week’s 14-year high, tempting some buyers to take...
Singapore: The Middle East crude benchmark Dubai fell on yesterday as demand for February-loading cargoes thinned after refiners had mostly secured their feedstock...
London: Gold steadied yesterday, as the dollar slipped and market participants waited for US economic data due later in the day. The United...
Shanghai: China’s liquefied natural gas imports surged to a record last month as the world’s third-biggest buyer boosted shipments to offset winter demand...
Singapore: Yeo Jiawei, a former wealth planner at Swiss bank BSI SA, was given a 30-month jail term, the longest sentence yet handed...
Baku: The Asian Development Bank (ADB) said yesterday it had approved a $500m loan to help Azerbaijan tackle economic and social problems, mitigating...
RIO DE JANEIRO: Companies that want to buy Brazilian timber without contributing to illegal deforestation have a new tool to help them ensure...
NEW YORK: Two of Wall Street’s three indexes closed at record highs Tuesday as shares jumped at technology companies and major American investment...
