Economy


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 five-month high and the dollar fell as a last-minute deal looked set to end the U.S. “fiscal cliff” crisis that threatened a U.S. recession and roiled world financial markets.The U.S. Senate early on Tuesday passed a bill that aims to avoid the cliff's automatic implementation of $600 billion in...
 
 
Tribune, out of Chapter 11, set to begin makeover as TV company

Tribune, out of Chapter 11, set to begin makeover as TV company

January 1, 2013 7:03 am

NEW YORK: Tribune Co, which started...
U.S. heading off 'fiscal cliff' despite Senate efforts

U.S. heading off 'fiscal cliff' despite Senate efforts

January 1, 2013 3:32 am

WASHINGTON: The United States was headed...

Indian rupee drops for second year; seen gaining in 2013

Indian rupee drops for second year; seen gaining in 2013

December 31, 2012 1:25 pm

MUMBAI: The rupee fell due to...
Kingfisher Airlines set to lose flying licence

Kingfisher Airlines set to lose flying licence

December 31, 2012 12:07 pm

NEW DELHI: Debt-laden Kingfisher Airlines is...

Strong Asian gains overshadowed by US fiscal cliff

Strong Asian gains overshadowed by US fiscal cliff

December 31, 2012 8:39 am

SYDNEY: Several major Asian stock indexes...
Karachi stock market’s key index crosses 17,000-point level for first time in history

Karachi stock market’s key index crosses 17,000-point level for first time in history

December 31, 2012 6:21 am

Staff ReportKARACHI: The benchmark Karachi Stock...

Silicon Valley entrepreneur Krikorian quits Amazon board

Silicon Valley entrepreneur Krikorian quits Amazon board

December 30, 2012 11:52 am

SAN FRANCISCO: Silicon Valley entrepreneur and...
Indian rupee gains; U.S. budget talks, current account deficit in focus

Indian rupee gains; U.S. budget talks, current account deficit in focus

December 28, 2012 1:21 pm

MUMBAI: The rupee rose on Friday...
 
CNG committee meeting ends with no breakthrough

CNG committee meeting ends with no breakthrough

December 26, 2012 2:36 pm

Staff ReportISLAMABAD: A special government committee...
Gold demand rises in India on price fall

Gold demand rises in India on price fall

December 26, 2012 10:44 am

MUMBAI: Gold demand in India, the...

Yen extends losses, hits 20-month low vs dollar

Yen extends losses, hits 20-month low vs dollar

December 26, 2012 1:50 am

SINGAPORE; The yen fell to a...
Samsung seeks U.S. sales ban on some Ericsson products

Samsung seeks U.S. sales ban on some Ericsson products

December 26, 2012 1:33 am

SEOUL: Samsung Electronics said on Wednesday...

Kingfisher files revival plan with DGCA: source

Kingfisher files revival plan with DGCA: source

December 25, 2012 7:35 pm

NEW DELHI: Grounded carrier Kingfisher Airlines(KING.NS)...
Moutai shares lead alcohol tumble after China bans spirits from army feasts

Moutai shares lead alcohol tumble after China bans spirits from army feasts

December 25, 2012 7:32 pm

HONG KONG: Chinese distiller Kweichow Moutai...

Pakistan stocks rise, rupee firms, o/n rates flat

Pakistan stocks rise, rupee firms, o/n rates flat

December 24, 2012 2:18 pm

KARACHI; Pakistani stocks closed higher on...
Indian rupee up on inflows; more gains seen

Indian rupee up on inflows; more gains seen

December 24, 2012 1:50 pm

MUMBAI: The rupee reversed its early...
 
 
 
 
 
 
 
 

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