PMI releases 2023 Integrated Report KARACHI: Philip Morris International (PMI) has released its fifth annual Integrated Report, which outlines the... Published 17 May, 2024 05:50am
Business & Finance Yen sinks to 34-year low vs dollar NEW YORK: The yen dropped to multi-year lows against the US dollar and euro on Tuesday, keeping investors on... Published 24 Apr, 2024 03:50am
Business & Finance Euro zone economy likely entered recession last year: PMI LONDON: Euro zone factories ended 2023 on the back foot, with activity contracting in December for an 18th straight... Published 03 Jan, 2024 05:32am
Markets China stocks extend fall on growth concerns HONG KONG: China and Hong Kong stocks extended losses on Monday as economic data pointed to a slowdown in growth... Published 05 Dec, 2023 03:01am
Markets China, HK stocks fall as data points to feeble recovery SHANGHAI: Chinese and Hong Kong stocks fell on Friday, with the Hang Seng Index recording its worst week in over... Published 02 Dec, 2023 05:09am
Markets China stocks end nearly flat on PMI data SHANGHAI: China stocks closed nearly flat on Thursday after downbeat manufacturing data, with investors calling for... Published 01 Dec, 2023 04:43am
Markets Wall St ends mixed in truncated Black Friday trading NEW YORK: US stocks ended little changed in holiday-shortened trading on Friday, with low volume and conviction as... Published 25 Nov, 2023 05:19am
Business & Finance Euro profits from better euro zone data; US market shut LONDON: The euro edged up on Thursday after data suggested the downturn in the euro zone economy may be starting to... Published 24 Nov, 2023 05:29am
Business & Finance Euro zone recession fears harden as surveys show grim start to Q4 LONDON: The downturn in euro zone business activity accelerated last month as demand in the dominant services... Published 07 Nov, 2023 06:33am
Markets Copper prices gain as weaker dollar offsets rising stocks LONDON: Copper prices rose in London on Friday as the dollar continued to weaken after US jobs data, offsetting the... Published 05 Nov, 2023 03:10am
Markets European shares rise on earnings optimism PARIS: European shares reversed early declines to gain on Tuesday as robust earnings from the region and the US... Published 25 Oct, 2023 06:19am
Business & Finance Eurozone business activity going from ‘bad to worse’ BRUSSELS: Eurozone business activity slumped at a faster pace in October, resulting in job losses, a closely watched... Published 25 Oct, 2023 06:19am
Markets TSX tumbles to near seven-month low BENGALURU: Canada’s main stock index fell to a near seven-month low as a decline in gold and oil prices dragged... Published 03 Oct, 2023 06:02am
Business & Finance US manufacturing sector nears recovery; construction spending solid WASHINGTON: US manufacturing took a step further towards recovery in September as production picked up and ... Updated 03 Oct, 2023 06:43am
Markets Copper hits 4-week high on Chinese measures LONDON: Copper prices touched a four-week high on Friday on optimism about an economic rebound in top consumer ... Published 04 Sep, 2023 06:21am
Markets Iron ore bound for fourth weekly gain on China’s property sector moves BEIJING: Iron ore futures were set for a fourth straight weekly gain on Friday, aided by China’s new measures to... Published 03 Sep, 2023 02:59am
Business & Finance Eurozone economic downturn deepens in August BRUSSELS: The eurozone economy is contracting at its fastest rate in three years as a steep decline in manufacturing... Published 24 Aug, 2023 06:22am
Business & Finance Japan’s service activity growth softens TOKYO: Japan’s service sector activity expanded at a slightly slower pace in July as new business growth eased and... Published 04 Aug, 2023 06:20am
Business & Finance Eurozone economic downturn steepens in July BRUSSELS: Eurozone economic activity shrank at its fastest rate in eight months in July, as a contraction gathered... Published 25 Jul, 2023 06:20am
Markets Japanese rubber futures higher SINGAPORE: Japanese rubber futures bounced back on Wednesday, closing at its highest in almost three months as... Published 08 Jun, 2023 06:30am
Markets China stocks wobble despite surprising factory growth SHANGHAI: China stocks gave up earlier gains on Thursday to close with a mixed bag, even after a private sector... Published 02 Jun, 2023 03:56am
Markets Base metals shine on upbeat China data LONDON: Base metals prices rose in London on Thursday, supported by unexpected growth in factory activity in top... Published 02 Jun, 2023 03:56am
Business & Finance China’s factory activity BEIJING: China’s factory activity likely grew at a slower pace in March, a Reuters poll showed on Wednesday,... Published 30 Mar, 2023 06:35am
Business & Finance China economic activity swings back to growth in January BEIJING: China’s economic activity swung back to growth in January, official data showed on Tuesday, after a wave... Published 06 Feb, 2023 06:57am
Markets Europe’s STOXX 600 jumps more than 1pc to end week higher LONDON: Europe’s STOXX 600 index closed higher on Friday in a broad-based rally led by retailers and automakers,... Published 21 Nov, 2022 05:59am
Business & Finance Philip Morris wins Elliott backing for $15.7bn Swedish Match takeover NEW YORK: Activist investor Elliott Management Corp has decided to back Philip Morris International’s (PMI) $15.7... Published 07 Nov, 2022 07:24am
Business & Finance Sterling slightly up versus dollar LONDON: Sterling was slightly higher against the dollar on Tuesday after Purchasing Managers’ index (PMI) data ... Published 24 Aug, 2022 05:08am
Business & Finance Dollar climbs after US services industry data NEW YORK: The US dollar index was higher on Wednesday after data showed a surprise pickup in the US services ... Published 04 Aug, 2022 05:43am
Business & Finance China’s factory activity contracts unexpectedly in July BEIJING: China’s factory activity contracted unexpectedly in July after bouncing back from COVID-19 lockdowns the... Published 01 Aug, 2022 05:54am
Business & Finance China factory activity shrinks at slower pace in May BEIJING: The contraction gripping China's manufacturing sector slowed in May, data showed Tuesday, as some factories... Published 31 May, 2022 10:35am
