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Economy 16 Jul 2014 | 3:26 PM

China oil demand hits highest in 17 months

BEIJING: China's implied oil demand rose in June to its highest level since January 2013 as crude runs hit a record high, although there were still doubts that the numbers reflected a healthy economy.

Business 19 Nov 2013 | 7:04 AM

Yellen signals new emphasis on Fed policing role

NEW YORK: Move over inflation and job growth. The next Federal Reserve chief appears set to direct the central bank's might at ensuring financial stability and stern banking oversight with the same vigor it currently applies to its traditional mandates of fostering price stability and maximum employment.

Business 16 Nov 2013 | 6:53 AM

Yellen signals new emphasis on Fed policing role

NEW YORK: Move over inflation and job growth. The next Federal Reserve chief appears set to direct the central bank's might at ensuring financial stability and stern banking oversight with the same vigor it currently applies to its traditional mandates of fostering price stability and maximum employment.

Business 04 Nov 2013 | 10:43 AM

Asian shares eke out slim gains, dollar holds firm

SYDNEY: Asian stocks drifted higher on Monday in sluggish trade as investors chose discretion over valour ahead of central bank meetings in Europe and the always-critical U.S. payrolls report.

Business 04 Nov 2013 | 8:16 AM

Asian shares eke out gains, dollar holds firm (Update)

SYDNEY: Asian stocks eased on Monday in sluggish trade as investors chose discretion over valour ahead of central bank meetings in Europe and the always-critical U.S. payrolls report.

Business 04 Nov 2013 | 7:34 AM

Asian shares eke out gains US$r holds firm

SYDNEY: Asian markets started the week on a sluggish note on Monday as investors chose discretion over valor ahead of central bank meetings in Europe and the always-critical U.S. payrolls report.

Business 28 Aug 2013 | 6:39 AM

Who Wants To Be A Millionaire? Likely Next Fed Chair Already Is

WASHINGTON: Lawrence Summers may be a poster-child for the lucrative revolving door between Wall Street and Washington. But Federal Reserve Vice Chair Janet Yellen, his chief opponent in the tight race to replace Ben Bernanke at the helm of the U.S. central bank, is not exactly struggling financially.

Business 15 Jul 2013 | 12:00 AM

Which is better - to have employees who work smart or hard?

IS it better to have employees who work smart or hard? In the early days of my career, the generally accepted practice was to stay in the office later than your boss. Although there are still companies who practise this, many organisations are taking the work-life-balance approach. It used to be a status-symbol to be extremely busy because it meant that you were doing something really important.

Business 03 Jul 2013 | 12:15 PM

Asian Shares Fall As Dollar Gains

The dollar hit a one-month high against a basket of currencies on Wednesday while Asian shares fell, hit by worries that the days of easy money from the US Federal Reserve are numbered.

Business 03 Jul 2013 | 11:32 AM

Gold edges higher

Gold edged higher on Wednesday after a near 1% fall in the previous session