Technology Alibaba Cloud announces price cut on products powered by offshore data centers HONG KONG: China’s Alibaba Cloud on Monday said it will cut prices for products that are powered by its offshore... Published 08 Apr, 2024 02:13pm
Markets London stocks start week with caution as key economic data looms British equities started the week on a cautious note, as investors braced for crucial US and UK economic data, while... Published 08 Apr, 2024 02:09pm
Markets Asian currencies tepid as traders brace for central bank meetings Most Asian currencies were on the back foot on Monday, ahead of a week laden with central bank meetings, after a... Published 08 Apr, 2024 02:02pm
World Israel kills Hezbollah field commander in Lebanon, UN urges halt to fighting BEIRUT: An Israeli strike on southern Lebanon early on Monday killed a field commander in the heavily-armed Lebanese... Published 08 Apr, 2024 01:48pm
Markets South African rand firms after foreign reserves data JOHANNESBURG: South Africa’s rand firmed in early trade on Monday, after central bank data showed that foreign... Published 08 Apr, 2024 01:45pm
Markets India’s 2024 wheat output at 105mn metric tons, says flour millers’ body NEW DELHI: India’s wheat output is seen at 105 million metric tons in 2024, a flour millers’ body said on Monday.... Published 08 Apr, 2024 01:43pm
World US, China to hold more financial shock exercises, Treasury officials say BEIJING: The US and China are deepening cooperation on financial stability issues, US Treasury officials said, with... Published 08 Apr, 2024 01:27pm
World Over 90 dead as Mozambique ferry sinks off northern coast, BBC says More than 90 people died after a ferry sank off the north coast of Mozambique, the BBC said, citing domestic... Published 08 Apr, 2024 01:23pm
Markets South Korean shares gain as automaker rally outpaces battery losses SEOUL: Round-up of South Korean financial markets: South Korean stocks gain on US Fed comments South Korean shares... Published 08 Apr, 2024 01:21pm
Business & Finance Australia’s Qantas Airways expands frequent flyer loyalty programme Qantas Airways expanded its frequent flyer programme on Monday, offering access to 20 million more reward seats that... Published 08 Apr, 2024 01:20pm
Business & Finance BNP Paribas appoints Aymar de Liedekerke Beaufort as Asia Pacific global banking head SINGAPORE: BNP Paribas, the euro zone’s largest bank, has appointed Aymar de Liedekerke Beaufort as its global... Published 08 Apr, 2024 01:19pm
Markets Palm opens lower on soft soyoil prices, inventory data in focus NEW DELHI: Malaysian palm oil futures opened higher on Monday, reflecting losses in rival soyoil even as market... Published 08 Apr, 2024 12:54pm
Markets Indian bond yields may inch higher as Treasury yields jump MUMBAI: Indian government bond yields are expected to rise on Monday as yields of US peers jumped sharply after... Published 08 Apr, 2024 12:48pm
Markets London copper weighed down by Fed rate cut uncertainty; Shanghai copper hits record high BEIJING: London copper prices fell on Monday as the prospect of fewer-than-expected interest rate cuts by the US... Published 08 Apr, 2024 12:39pm
Markets Indian rupee inches higher, forward premiums slip as Fed rate cut bets recede MUMBAI: The Indian rupee gained in early trading on Monday, continuing its upside momentum from the previous... Published 08 Apr, 2024 12:30pm
Business & Finance Malaysia’s Feb industrial production up 3.1%, above forecast KUALA LUMPUR: Malaysia’s industrial production in February rose 3.1% from a year earlier, exceeding market... Published 08 Apr, 2024 12:29pm
Markets China’s yuan weakens slightly against strong dollar SHANGHAI: China’s yuan weakened slightly on Monday against a firm dollar as investors weighed when the US Federal... Published 08 Apr, 2024 12:20pm
World Russia launches 24 attack drones overnight, Ukraine says Russia launched two dozen attack drones on Ukraine overnight, targeting chiefly critical infrastructure in the... Published 08 Apr, 2024 11:39am
Markets Gold extends record rally amid speculative buying, geopolitical tensions Gold prices extended their record rally on Monday, supported by speculative buying and continued tensions in the... Published 08 Apr, 2024 11:32am
Markets India’s Nifty 50 set to test record highs despite dampened US rate cut hopes BENGALURU: Indian shares were set to open higher on Monday, looking to build on their record highs as the corporate... Published 08 Apr, 2024 11:28am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?