SYDNEY: Australia’s central bank governor Glenn Stevens yesterday urged politicians to work together to address the growing gap between fiscal spending and revenue,...
SYDNEY: Australia’s central bank governor Glenn Stevens yesterday urged politicians to work together to address the growing gap between fiscal spending and revenue,...
NEW DELHI: India’s top finance ministry official said that plans announced in the budget to stick to a fiscal deficit target of 4.1...
By Satish Kanady DOHA: The Qatar Financial Markets Authority (QFMA) launched a series of investigations into the alleged cases of violations by the...
LISBON: Portugal’s government and central bank assured investors yesterday that the southern European country’s financial system was sound, aiming to quell worry about...
US President Barack Obama (centre) sits beside Director of the National Economic Council Jeff Zients (left) and Senior Adviser to the President Valerie...
Infosys CEO S D Shibulal (centre) along with CFO Rajiv Bansal (right) addresses the media after announcing the company’s first quarter results at...
Bill and Melinda Gates of the Bill and Melinda Gates Foundation, at the Allen and Company 32nd Annual Media and Technology Conference, in...
PARIS: The International Energy Agency yesterday cut its 2014 forecast for oil demand to 92.7 million barrels a day owing to weaker than...
LONDON: Global oil demand growth will accelerate next year as the world economy expands and will again be met by rising supplies from...
SOFIA: Bulgaria is to allow its fourth-biggest lender to collapse and will hive off its healthy activities into a separate bank as it...
WASHINGTON: US oil and gas services giant Halliburton yesterday announced its first joint venture for hydraulic fracturing services in China, teaming up with...
HONG KONG: An international regulatory group is carrying out a review of government penalties for corporate wrongdoing, seeking to make them more uniform...
FRANKFURT: The number of domestic banks and credit institutions in Europe and the eurozone declined in 2013, confirming a downtrend seen for a...
LONDON: The Bank of England (BoE) proposed yesterday that Britain’s biggest banks should set aside from 2019 more capital than planned under global...
NEW YORK: It has no assets, no revenues and no business plan to speak of. But a company called Cynk Technology has seen...
NEW DELHI: India’s industrial production jumped for the second month in a row in a boost for the new Narendra Modi-led government which...
LONDON: British construction output suffered a steep fall in May, raising the prospect that overall economic growth may fall short of expectations in...
DOHA: Banking stocks helped Qatar Exchange (QE) extend rally to fourth straight session and lifted the benchmark index close to the 13,000 mark,...
