ANKARA: The Turkish currency came under pressure yesterday despite the central bank hiking a key short-term interest rate to staunch the outflow of...
ANKARA: The Turkish currency came under pressure yesterday despite the central bank hiking a key short-term interest rate to staunch the outflow of...
NEW YORK CITY: Collateralised debt obligations, the complex financial instruments that cratered disastrously in the financial crisis, are back. The market for the...
DUBAI: Sembcorp Salalah Power and Water Co, in which a unit of Singapore’s Sembcorp Industries has a 60 percent stake, plans to raise...
DOHA: The Foreign Direct Investment (FDI) flows from Qatar to other countries declined by 8.5 percent to $1.8bn, last year. Meanwhile, the inward...
Research and Development Engineer Benjamin Adamson checks the arm of a robotic machine which is used to shape carbon fibre composite car panels...
Workers from Hyundai Motor’s labour union leave a production line to take part in a partial strike at the company’s main factory in...
ANKARA: Turkey ramped up its overnight rate by half a point to 7.75 percent yesterday in a new defence of the lira as...
ZURICH: Mining giant Glencore Xstrata plunged deep into the red yesterday but defended its long-delayed merger three months ago, saying that cost-savings would...
LONDON: Japan’s Nissan Motor Co has applied for permission to extend its factory at Sunderland in north-east England, already Britain’s largest car making...
A man walks into the head offices of BHP Billiton in central Melbourne. The company reported a 29.5 percent drop in yearly net...
A man works at a shipyard in Perama, a poor suburb near Athens yesterday. Greece’s economy has slumped 23 percent in real terms...
Mumbai: India’s central bank has allowed a firm in the southern state of Kerala to operate as a non-banking financial company (NBFC) that...
LONDON: Global crude steel production rose in July as a recent price upturn helped boost output in top producer China and in the...
MUMBAI: India’s rupee slumped to a new record low against the dollar yesterday, prompting suspected central bank intervention, amid fears that measures to...
A newly-unveiled Nissan “Terrano” compact sport utility vehicle during a news conference in Mumbai yesterday. Nissan aims to tap the relatively strong demand...
Coffee is displayed for sale at a shop along a street in Hanoi yesterday. Vietnam’s domestic coffee prices fell in line with global...
DUBAI: Egypt’s bourse snapped a three-session losing streak yesterday after authorities arrested Muslim Brotherhood leader Mohamed Badie, raising hopes among some investors that...
Doha: Qatar Exchange pursued its upswing trend yeserday adding 5.73 points or 0.06 percent to advance to 10,044.13 points from 10,038.40 on Monday....
