Dollar slips while Aussie and Norwegian crown outperform NEW YORK: The euro, Australian dollar and other currencies recovered against the U.S. dollar as traders turned more... Published 23 Dec, 2021 04:23am
Markets Gold climbs on weaker dollar, lingering Omicron worries Gold prices gained on Wednesday, aided by a retreat in the dollar and lingering fears over the Omicron coronavirus... Updated 22 Dec, 2021 11:07pm
World Dubai Expo sushi restaurant closes after staff catch Covid DUBAI: A restaurant at the Expo 2020 has closed temporarily after 10 employees tested positive for coronavirus, and... Published 22 Dec, 2021 05:07pm
Pakistan Fall in Covid-19 cases: Markets in Punjab can now remain open 24x7 LAHORE: After decline in Covid-19 cases, the Punjab government has notified that all markets will remain open for... Published 22 Dec, 2021 06:13am
Markets Indian shares rebound BENGALURU: Indian shares closed higher on Tuesday after tumbling as much as 3% in the previous session, led by a... Published 22 Dec, 2021 06:13am
Business & Finance Yuan inches higher, market shifts focus to 2022 prospects SHANGHAI: China’s yuan inched up against a softer dollar on Tuesday, as investors cautiously returned to riskier... Published 22 Dec, 2021 06:13am
Business & Finance UK launches £1 billion 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 21 Dec, 2021 08:19pm
World Biden focuses on testing, vaccines to fight Omicron, not restrictions WASHINGTON: Faced with a surging Omicron variant, US authorities will distribute 500 million free Covid-19 tests,... Published 21 Dec, 2021 04:46pm
World Washington to give additional $580 million in international Covid aid WASHINGTON: The United States will give $580 million in additional aid to international organizations to fight... Published 21 Dec, 2021 04:42pm
World Omicron uncertainty prompts WEF to delay Davos summit to mid-2022 ZURICH: The World Economic Forum (WEF) on Monday postponed its annual meeting in Davos due to the spread of the... Published 21 Dec, 2021 04:14am
World UK says Covid situation ‘extremely difficult’ as Omicron sweeps Europe LONDON: British Prime Minister Boris Johnson said on Monday he would take more steps to slow the spread of the... Published 21 Dec, 2021 04:14am
Markets Most Gulf indexes end lower as Omicron fears grip markets DUBAI: Most stock markets in the Gulf ended lower on Monday, with the Abu Dhabi index falling the most, on renewed... Published 21 Dec, 2021 04:14am
Markets Indian shares tumble 2pc BENGALURU: Indian shares slumped on Monday to a near four-month low as rising Omicron cases and renewed lockdowns... Published 21 Dec, 2021 04:14am
Markets UK shares fall over Omicron concerns LONDON: UK shares tracked a slide in global equity markets on Monday as concerns around a surge in cases of the... Published 21 Dec, 2021 04:14am
Markets European stocks slide LONDON: European stocks fell more than 2% on Monday amid a global sell-off in equities, with investors fretting over... Published 21 Dec, 2021 04:14am
Markets Japan futures plunge on Omicron surge, slow vehicle output TOKYO: Japanese rubber futures plunged on Monday as surging Omicron cases triggered tighter curbs in Europe and... Published 21 Dec, 2021 04:14am
Markets EU wheat steady amid Omicron, supply risks PARIS: Euronext wheat edged higher on Monday, recovering from an earlier fall, amid concerns about the Omicron... Published 21 Dec, 2021 04:14am
Markets Asia Distillates: Gasoil cracks drop to weakest in over a week SINGAPORE: Asian refining margins for 10 ppm gasoil slipped to their lowest in over a week on Monday, despite weaker... Published 21 Dec, 2021 04:14am
Print Omicron panic pummels equities, oil LONDON: Global equity and oil markets slumped Monday on investor panic over the impact of worldwide measures to... Published 21 Dec, 2021 04:14am
Business & Finance Pound loses post BOE-glow on Omicron fears LONDON: The British pound fell to a three-day low on Monday, struggling to hold above $1.32 against the dollar as a... Published 21 Dec, 2021 04:14am
World Omicron uncertainty prompts WEF to delay Davos summit to mid-2022 ZURICH: The World Economic Forum (WEF) on Monday postponed its annual meeting in Davos due to the spread of the... Updated 20 Dec, 2021 08:47pm
Markets Dollar steady, riskier currencies fall on Omicron fears LONDON: Currencies including the Australian dollar and British pound fell on Monday on fears further curbs could be... Updated 20 Dec, 2021 08:04pm
World EU to decide on new Covid jab as Omicron rages THE HAGUE: The EU's drug regulator was set to decide Monday whether to approve a fifth Covid jab as the US warned of... Published 20 Dec, 2021 04:34pm
World UK's Johnson faces calls to tighten virus curbs over Omicron LONDON: UK Prime Minister Boris Johnson on Monday faced pressure to tighten coronavirus restrictions to prevent the... Published 20 Dec, 2021 04:02pm
Markets Omicron worries pull European shares lower LONDON: Banks and luxury stocks led declines on Friday, pushing European shares into the red for the week that saw... Published 20 Dec, 2021 06:29am
Markets Most Gulf bourses tumble on Omicron worries DUBAI: Most stock markets in the Gulf ended lower on Sunday, with the Dubai index leading the downward trend as... Published 20 Dec, 2021 06:29am
Business & Finance Bank of France optimism undimmed by pandemic woes PARIS: France's central bank said Sunday that the EU's second-largest economy remained resilient even faced with the... Published 19 Dec, 2021 11:21pm
World EU to get 20 million extra vaccine doses to fight Omicron BRUSSELS: EU members will get an additional 20 million doses of the Pfizer-BioNTech vaccine in the first three ... Updated 19 Dec, 2021 09:09pm
Business & Finance Most Gulf bourses tumble on Omicron worries Most stock markets in the Gulf ended lower on Sunday, with the Dubai index leading the downward trend as surging... Published 19 Dec, 2021 06:20pm
World Iran reports first case of Omicron variant TEHRAN: Iran has detected the first case of the coronavirus Omicron variant, deputy health minister Kamal Heidari... Updated 19 Dec, 2021 05:09pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn