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Business 20 Dec 2016 | 10:50 PM

US stocks hit record highs, dollar rises to 14-year peak

NEW YORK: U.S. equities touched record highs on Tuesday and the dollar rose to its highest level in 14 years as markets shrugged off risk aversion and continued the rally that has elevated Wall Street since Election Day.

Business 24 Aug 2016 | 10:36 PM

Wall Street stocks retreat, oil tumbles on oversupply concerns

NEW YORK: Wall Street stocks retreated on Wednesday led by health care and materials stocks, while oil prices tumbled about 3.0 percent on worries about oversupply.

Business 20 Apr 2016 | 11:00 PM

VW to pay each US customer US$5,000 to settle dieselgate

BERLIN: Volkswagen has reached a deal with U.S. authorities to settle the case over its cheating of diesel emissions tests that would involve it paying each affected customer $5,000, Germany's Die Welt newspaper reported on Wednesday.

Business 24 Feb 2015 | 6:31 AM

US stocks near all-time highs, European shares at seven-year highs

NEW YORK: U.S. stocks hovered near all-time highs on Monday, held down by a sharp drop in crude oil prices, while European shares rallied to seven-year highs on last week's conditional financial rescue for Greece.

Lifestyle 16 Feb 2006 | 12:00 AM

Fairy tale

The latest news from Tinseltown this week are on Guillermo del Toro, Adam Sandler, Kevin James, Dax Shepard and more.

Business 18 Aug 2006 | 12:00 AM

European stocks edge higher

LONDON (AP) - European shares edged higher Thursday helped by lower oil prices.Britain's FTSE 100 index closed up 0.1 percent at 5,900; the German DAX Xetra 30 gained 0.4 percent to 5,833 and the French CAC-40 index advanced 0.2 percent to 5,144.

Business 31 Mar 2014 | 2:21 PM

Asian stocks edge up on hopes of China stimulus

TOKYO: Asian stocks edged higher in a cautious start to the week on Monday, with investors holding out hope that China would take steps to stimulate its economy. European shares were also set for a higher start, with financial spreadbetters expecting Britain's FTSE 100 to open up by 9-11 points, Germany's DAX by 34-43 points and France's CAC 40 by 9-12 points.

Business 13 Apr 2015 | 8:49 AM

Asian shares, US$ have a lackluster start to the week early Monday

TOKYO: Asian shares got off to a shaky start on Monday as recent rallies offered traders a profit-taking opportunity, while the dollar edged away from recent peaks in early trading.

Business 09 Apr 2015 | 6:46 AM

Global equity markets rise,Europe at eight-year-high

NEW YORK: Global equity markets rose on Wednesday and European shares hit eight-year highs on a $70 billion takeover bid by Royal Dutch Shell, while U.S. shares pared gains after the largest U.S. crude inventory build in 14 years slammed oil prices.

Movies 06 Feb 2017 | 9:46 PM

Malaysian actress Sarah Lian wins film award in Los Angeles

Malaysian actress receives accolade for role in Hong Kong film Jasmine.