Japan household spending jumps 6.9% in January TOKYO: Japan’s household spending jumped 6.9 percent in January from a year earlier despite pandemic restrictions,... Published 11 Mar, 2022 12:01pm
Markets Naphtha crack drops for second straight day NEW DELHI: Asia’s naphtha crack dropped on Tuesday for a second consecutive session on concerns of waning demand... Published 19 Jan, 2022 06:15am
Print OPEC sees well supported oil market in 2022 LONDON: OPEC on Tuesday stuck to its forecast for robust growth in world oil demand in 2022 despite the Omicron... Published 19 Jan, 2022 06:15am
Markets Oil rises 2pc on US crude drawdown, weaker dollar NEW YORK: Oil prices hit two-month highs on Wednesday on tight supply as crude inventories in the United States, the... Published 13 Jan, 2022 07:17am
Markets Most Gulf bourses fall on Fed minutes, rising Covid-19 cases DUBAI: Major Gulf bourses ended lower on Thursday on worries over higher U.S. interest rates and the rapid spread of... Published 07 Jan, 2022 06:22am
Markets Banks and travel stocks power Europe’s STOXX 600 to new peaks LONDON: European stocks extended their new year rally on Tuesday, led by economically sensitive banks and travel... Published 05 Jan, 2022 05:36am
Markets FTSE 100 hits fresh 1-1/2 year high LONDON: Britain’s FTSE 100 rose on Tuesday in the first trading session of 2022, after its best annual gain in ... Published 05 Jan, 2022 05:36am
Markets Oil rises 1pc as OPEC+ agrees to planned output increase NEW YORK: Oil prices rose 1% on Tuesday as OPEC+ producers agreed to stick with their planned increase for February... Published 05 Jan, 2022 05:36am
Print OPEC+ agrees oil output increase from February LONDON/MOSCOW: OPEC+ agreed on Tuesday to stick to its planned increase in oil output for February because it ... Published 05 Jan, 2022 05:36am
World Omicron evades immunity better than Delta COPENHAGEN: The Omicron coronavirus variant is better at circumventing vaccinated peoples’ immunity than the Delta... Published 04 Jan, 2022 06:54am
World FDA clears Pfizer’s Covid-19 booster shot for 12- to 15-year-olds NEW YORK: The US Food and Drug Administration on Monday authorized the use of a third dose of the Pfizer and ... Published 04 Jan, 2022 06:54am
Markets Most Gulf bourses fall as Covid-19 cases rise DUBAI: Most major stock markets in the Gulf ended lower on Monday amid a surge in COVID-19 cases, although the ... Published 04 Jan, 2022 06:54am
Markets ME Crude: Benchmarks mixed ahead of OPEC meeting SINGAPORE: Middle East crude benchmarks were mixed on Monday, with Oman edging higher while Dubai slipped ahead of a... Published 04 Jan, 2022 06:54am
Markets FTSE 100 edges down LONDON: Britain’s FTSE 100 fell on Thursday, after hitting 22-month highs in the previous session, as a surge of... Published 31 Dec, 2021 06:50am
Markets TSX rises for sixth day TORONTO: Canada’s main stock index rose in thin trading for the sixth straight session on Thursday, helped by... Published 31 Dec, 2021 06:50am
Business & Finance Dollar ticks up against rivals in thin holiday trading LONDON: The dollar ticked up against major rival currencies in holiday-thinned trading on Thursday, as investors... Published 31 Dec, 2021 06:50am
World Germany reports first death with Omicron variant BERLIN: Germany’s Robert Koch Institute for infectious disease confirmed the country’s first death due to the... Published 24 Dec, 2021 05:43am
Markets S&P 500 hovers near record high as Omicron worries recede NEW YORK: Wall Street’s main indexes rose for a third straight session on Thursday after early data suggested the... Published 24 Dec, 2021 05:43am
Markets Most Gulf markets end higher DUBAI: Most stock markets in the Gulf ended higher on Thursday, as worries around the Omicron coronavirus variant... Published 24 Dec, 2021 05:43am
Markets European shares at 1-month high LONDON: European shares hit a one-month high on Thursday, led by gains in banking stocks as signs the impact of the... Published 24 Dec, 2021 05:43am
Markets Tokyo stocks close up after US gains TOKYO: Tokyo stocks advanced Thursday as investors took heart from gains on Wall Street for a second straight ... Published 24 Dec, 2021 05:43am
Markets US MIDDAY: Gold clings around $1,800 NEW YORK: Gold prices hovered around the key $1,800-per-ounce level on Thursday ahead of the year-end holidays, even... Published 24 Dec, 2021 05:43am
Markets Power price surge pushes aluminium to 2-month high LONDON: Aluminium rose to a two-month high on Thursday, up more than 6% since Monday’s close as surging energy... Published 24 Dec, 2021 05:43am
Print Vaccine and infection data mark small victories in Omicron battle JOHANNESBURG/LONDON: Two vaccine makers said their shots protected against Omicron as UK data suggested it may cause... Updated 24 Dec, 2021 10:26am
Markets Most major Gulf bourses fall on Omicron worries DUBAI: Most major stock markets in the Gulf ended lower on Tuesday, as investors worried over surging cases of the... Published 22 Dec, 2021 06:13am
Markets European shares rebound from Monday sell-off DUBAI: European shares ended higher on Tuesday, recovering Monday’s losses, with a jump in commodity-linked and... Published 22 Dec, 2021 06:13am
Business & Finance Sterling recovers LONDON: A rebound in global risk appetite pushed the British pound up against the dollar and euro on Tuesday, after... Published 22 Dec, 2021 06:13am
Business & Finance UK launches £1.0bn support for Omicron-hit businesses LONDON: Britain on Tuesday launched a £1.0 billion ($1.3 billion, 1.2 billion euro) aid package to help UK... Published 22 Dec, 2021 06:13am
Markets IEA sees ‘more comfortable’ year for oil market in 2022 PARIS: The Omicron coronavirus variant will slow the recovery in global demand for oil but the market will be ... Published 15 Dec, 2021 06:34am
Business & Finance Dollar firms after a dip NEW YORK/LONDON: The US dollar was down slightly on Tuesday after coming back from a dip that nearly wiped out its... Published 15 Dec, 2021 06:34am
