ZTE lambasts US lawmakers security concerns, says it’s a trusted partner

BEIJING: Chinese telecoms equipment group ZTE Corp hit back on Thursday against concerns from U.S. lawmakers that it is a vehicle for...

Oil prices consolidate gains, driven up by weakening dollar

SINGAPORE: Oil prices on Thursday extended gains from the previous session, pushed up by a weak dollar and by comments from Saudi...

Asian stock markets rise, brush aside strong U.S inflation data

TOKYO: Asian stocks gained on Thursday after Wall Street brushed aside strong U.S. inflation data and surged, a counterintuitive move that also...

Oil prices steady as U.S dollar weakens

SINGAPORE: Oil prices were stable on Wednesday, supported by a statement that Saudi crude output would drop in March, healthy economic growth...

Turkey seeks speedier conclusion of FTA with Pakistan

ISLAMABAD: Turkey-Pakistan Business Council (TPBC) has sought for a speedier conclusion of free trade agreement between the two countries, which would help...

Uber losses decrease to $1.1 billion in fourth quarter

SAN FRANCISCO: Uber Technologies Inc narrowed its fourth-quarter loss to $1.1 billion from a loss of $1.46 billion in the previous quarter,...

Asian stocks mixed in wait of expected U.S inflation data

TOKYO: Asian shares were mixed Wednesday with investors adopting a wait-and-see stance ahead of Lunar New Year holidays and the release of...

Qatar Airways set to post a loss this year, says CEO

CANBERRA: Qatar Airways’ chief executive said Tuesday the carrier will post a loss this year because four other Arab countries have severed...

General Motors to close auto plant in South Korea

DETROIT/SEOUL: General Motors Co said it will close one of its four plants in South Korea and incur an $850 million impairment...

Asian stock markets ricochet from two-month lows

TOKYO: Asian stocks pulled further away from two-month lows on Tuesday, lifted by Wall Street’s extended rebound from last week’s steep fall,...

Oil prices rise, as global stock markets bounce back

SINGAPORE: Oil prices rose on Tuesday, lifted by a rebound in global stock markets that followed sharp falls last week. U.S. West Texas...

Qualcomm again rebuffs Broadcom’s revised bid of $121 billion

SAN DIEGO: U.S. semiconductor company Qualcomm Inc on Thursday rejected Broadcom Ltd’s revised $121 billion buyout offer but proposed meeting its peer...

Global oil prices for sixth consecutive day, as US output hit record highs

TOKYO: Oil prices fell for a sixth day on Friday after Iran announced plans to boost production and U.S. crude output hit...

Asian stock markets plunge, after heavy declines on Wall Street

BEIJING: China’s stock market benchmark plunged 5.5 percent on Friday and other Asian markets were off sharply after the Dow Jones industrials...

Bitcoin driving investor insanity, appetite for alternative investments

LAHORE: Bitcoin and other cryptocurrencies since last two months have experienced wild swings as they slam dunked and rose again. From reaching all-time highs in...

Popular News

The spectacular decline of Hubco

It is not every day one can characterize a company that made Rs11.9 billion in profits last year as struggling, but there is no...

Latest News