Oil markets turbulent in wake of North Korea nuclear test

Singapore: Oil markets were volatile on Monday, with US crude rising on production shutdowns while international Brent was pulled down by a...

Global stocks fall as North Korea’s nuclear test raises tensions

London: Stock markets fell and the yen, gold and sovereign bonds rose on Monday as North Korea’s most powerful nuclear test provoked...

China to provide $76.4 million for BRICS economic & technology cooperation plan

Xiamen: China will give $76.4 million for a BRICS economic and technology cooperation plan, and another $4 million for projects at the...

Uber officially appoints Dara Khosrowshahi as its CEO

San Francisco: Uber Technologies Inc officially welcomed its new Chief Executive Dara Khosrowshahi, who has led online travel business Expedia Inc for...

Asian shares inch upwards despite North Korea tensions

Seoul: Asian stocks were higher on Wednesday as investors hunted for bargains and shrugged off geopolitical tensions a day after North Korea...

Apple, Google battle heats up in realm of augmented reality

San Francisco: Alphabet Inc’s Google on Wednesday unveiled tools to make augmented reality apps for mobile devices using the Android operating system,...

Global shares tumble as North Korea tensions intensify

London: Global stock markets and the dollar fell sharply Tuesday, as investors were rattled by North Korea's launch of a midrange ballistic...

Draghi urges countries to work together against anti-globalization

Wyoming: Mario Draghi, president of the European Central Bank, said Friday that the global economy is strengthening but warned that countries must...

Samsung heir sentenced to five years in jail for bribery

Seoul: The heir to the Samsung empire was convicted of bribery and other offences Friday and jailed for five years in connection...

Asian stocks stay stable after rally

Tokyo: Asian stocks steadied on Wednesday, taking a breather after the previous day's surge, lacking the momentum to keep up with a...

Commodities sizzle as global stocks touch five-week low

London: World stocks struggled at a 5-1/2-week low on Monday, though metals dazzled with zinc at its highest in a decade, copper...

Chinese SUV maker Great Wall considering bidding for Chrysler’s jeep unit

Beijing: Chinese SUV maker Great Wall Motors is considering making a bid to acquire Fiat Chrysler's Jeep unit, two employees of the...

Oil prices remain stable despite increase in US output

Oil markets were stable on Monday, largely holding on to Friday's big gains even though rising U.S. output weighed on hopes the...

Hollywood studios struggle as hacking exposes their shoddy security

New York: Piracy is a long-running and even routine issue for Hollywood, whether it's street vendors hawking bootleg DVDs on street corners...

Oil prices claw up slightly amidst reported fall in US crude stocks

Singapore: Oil prices edged up on Thursday, clawing back some ground after losses in the previous session. Traders said the market was range-bound...