HONG KONG: An international regulatory group is carrying out a review of government penalties for corporate wrongdoing, seeking to make them more uniform...
HONG KONG: An international regulatory group is carrying out a review of government penalties for corporate wrongdoing, seeking to make them more uniform...
FRANKFURT: The number of domestic banks and credit institutions in Europe and the eurozone declined in 2013, confirming a downtrend seen for a...
LONDON: The Bank of England (BoE) proposed yesterday that Britain’s biggest banks should set aside from 2019 more capital than planned under global...
NEW YORK: It has no assets, no revenues and no business plan to speak of. But a company called Cynk Technology has seen...
NEW DELHI: India’s industrial production jumped for the second month in a row in a boost for the new Narendra Modi-led government which...
LONDON: British construction output suffered a steep fall in May, raising the prospect that overall economic growth may fall short of expectations in...
DOHA: Banking stocks helped Qatar Exchange (QE) extend rally to fourth straight session and lifted the benchmark index close to the 13,000 mark,...
Traders at their desks in front of the DAX board at the Frankfurt Stock Exchange yesterday. LONDON: European stock markets fell back yesterday...
Two vendors drag a package outside a market in Beijing yesterday. BEIJING: China’s monthly trade surplus jumped 16.4 percent in June to $31.6bn,...
A visitor looks under the bonnet of a car at the KGS Auto Centre dealership selling UAZ all-terrain cars, produced by Russian Sollers...
Players partially encased in giant plastic inflatable balls attempt to reach the football during a bubble soccer match in Beijing yesterday. The promotional...
ABU DHABI: A planned merger of the Dubai Financial Market and the Abu Dhabi Securities Exchange (ADX) has been shelved for the foreseeable...
LONDON: Opec expects its share of the world oil market to shrink in 2015 for a third year running, due in part to...
Luxembourg: The parliament here passed a bill that will allow the AAA-rated government to issue its first Islamic bond later this year, becoming...
WASHINGTON: China’s yuan is a growing force in global finance, more than doubling in use over the past year, according to a new...
PARIS: Aviation giant Boeing yesterday raised its forecast for aircraft demand, saying it now expects to deliver 36,770 planes over the next two...
LONDON: Qatar has sold a 5 percent stake in the London Stock Exchange for £260.1m ($442.6m), cutting its holding by a third and...
H E Dr Mohamed bin Saleh Al Sada (standing left) and Ben van Beurden (standing right), Nasser Al-Jaidah (sitting left) and Wael Sawan...
