Friday, 24 May 2013  -  14 Rajab 1434 H
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Economy

Euro stocks rise on upbeat Spanish debt auction

Italian tourists listen to their guide in front of a statue of a bull outside a bullring in the historic centre of the southern Spanish town of Ronda, near Malaga, Thursday. Spain managed to sell 2.5 billion euros ($3.3 billion) of bonds at auction Thursday, as much as it wanted, but at a cost of rising yields as the country struggles to tame its deficit. —Reuters

Global tourism industry eyes emerging nations

TOKYO—The global tourism industry, hit by natural disasters and economic turmoil, is eyeing potential travellers from

Asian investment boom seen in Latin America

PUERTO VALLARTA, Mexico — Selling soybeans, iron and copper ore and other commodities to Asian countries has

Economists raise forecast on Germany

BERLIN— Leading economists Thursday raised their forecast slightly for German economic growth in 2012 to 0.9 percent,

Friday, 20 - April 2012
BEIJING — Automakers are bringing SUVs and luxury sedans designed for Chinese buyers to China’s biggest auto show this year as they scramble to keep sales
Friday, 20 - April 2012
LONDON— Shares in Cable & Wireless Worldwide PLC have dived after Tata Communications Ltd. ruled itself out as a takeover bidder, leaving Vodafone as
Friday, 20 - April 2012
Female office workers head to their workplace during morning rush hour in Tokyo, Thursday. The Asia Society survey on women’s status in health, education,
Friday, 20 - April 2012
WASHINGTON — IMF director Christine Lagarde has welcomed pledges from Switzerland, Poland and other countries to provide some $34 billion in additional
Friday, 20 - April 2012
London — Gold held steady in a narrow range Thursday, as investors stood on sidelines and awaited a key Spanish debt auction later in the day amid worries
Friday, 20 - April 2012
ABU DHABI — Daimler’s largest investor, the oil-rich emirate of Abu Dhabi, is preparing to gradually sell its 9 percent stake in the German automotive
Friday, 20 - April 2012
SINGAPORE — Oil prices hovered below $103 a barrel Thursday in Asia after US crude supplies rose more than expected for a fourth week, a sign demand
Friday, 20 - April 2012
HONG KONG – Hong Kong shares edged up to a three-week high Thursday as a rally in China Life and other insurers on the back of low valuations and speculation
Friday, 20 - April 2012
TOKYO — Japan is to waive Myanmar’s 300 billion yen ($3.7 billion) debt and plans to resume suspended assistance to the country, a report said Thursday,
Friday, 20 - April 2012
NEW YORK — Bank of America said Thursday that it set aside less money to cover bad loans in the first three months of the year than it has since before
Friday, 20 - April 2012
LAGOS — Shell has begun looking at a potential $4.0 billion in new projects in Nigeria to boost production and reduce the amount of gas burned off into
Friday, 20 - April 2012
DETROIT— The US auto industry, already stretching to meet rising demand for cars and trucks, is facing shortages of parts and materials that could limit