Economy


Swiss bank Wegelin to close after guilty plea

Swiss bank Wegelin to close after guilty plea

January 4, 2013 8:32 am

NEW YORK: Wegelin & Co, the oldest Swiss private bank, said on Thursday it would shut its doors permanently after more than 2 1/2 centuries, following its guilty plea to charges of...
 
Samsung to widen smartphone gap with Apple this year – Strategy Analytics

Samsung to widen smartphone gap with Apple this year – Strategy Analytics

January 4, 2013 6:16 am

SEOUL: Samsung Electronics Co Ltd is...
Geithner's planned departure puts Obama in tough spot

Geithner's planned departure puts Obama in tough spot

January 4, 2013 6:11 am

WASHINGTON: US Treasury Secretary Timothy Geithner's...

Asian shares drop on Fed minutes, dollar extends gain

Asian shares drop on Fed minutes, dollar extends gain

January 4, 2013 6:03 am

TOKYO: Asian shares fell on Friday,...
Brent falls below 112 dollars

Brent falls below 112 dollars

January 4, 2013 3:40 am

SINGAPORE: Brent crude fell below $112...

Indian rupee snaps two-day gains on dlr short-covering

Indian rupee snaps two-day gains on dlr short-covering

January 3, 2013 1:15 pm

MUMBAI: The rupee dropped on Thursday...
Pakistan’s foreign exchange reserves rise to $13.808 bln

Pakistan’s foreign exchange reserves rise to $13.808 bln

January 3, 2013 10:29 am

WebDeskKARACHI: Pakistan’s overall liquid foreign exchange...

European shares buoyed by Swiss playing catch-up

European shares buoyed by Swiss playing catch-up

January 3, 2013 10:21 am

LONDON: European shares rose on Thursday,...
Jet Airways says in stake sale talks with Etihad

Jet Airways says in stake sale talks with Etihad

January 3, 2013 9:34 am

NEW DELHI: Jet Airways confirmed on...
 
Microsoft acquires start-up id8: source

Microsoft acquires start-up id8: source

January 3, 2013 8:33 am

SAN FRANCISCO: Microsoft Corp bought start-up...
US fiscal deal could spell trouble for Asia's investment winners

US fiscal deal could spell trouble for Asia's investment winners

January 3, 2013 7:37 am

HONG KONG: A resolution to the...

State Bank mops up Rs54.5 bln from money market

State Bank mops up Rs54.5 bln from money market

January 3, 2013 6:41 am

Web DeskKARACHI: The State Bank of...
Asia stocks eke out gains on China hopes, oil eases

Asia stocks eke out gains on China hopes, oil eases

January 3, 2013 6:34 am

HONG KONG: Most Asian stock markets...

Stocks leap on U.S. 'fiscal cliff' deal

Stocks leap on U.S. 'fiscal cliff' deal

January 2, 2013 8:55 am

LONDON: Britain's top share index jumped...
United States avoids calamity in “fiscal cliff” drama

United States avoids calamity in “fiscal cliff” drama

January 2, 2013 7:06 am

WASHINGTON: The United States averted economic...

Asia stocks at five-month high as end nears for U.S. fiscal cliff

Asia stocks at five-month high as end nears for U.S. fiscal cliff

January 2, 2013 4:03 am

HONG KONG; Asian stocks hit a...
Dollar falls on optimism over “fiscal cliff” deal

Dollar falls on optimism over “fiscal cliff” deal

January 2, 2013 2:37 am

SINGAPORE: The safe haven dollar fell...
 
 
 
 

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