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Markets 30 Apr 2020 | 7:00 AM

India stocks advance on post-lockdown restart talk

MUMBAI: Indian stocks rose for a third day, while sovereign bonds and the rupee advanced, as investors monitored discussions around plans to restart business activities ahead of a scheduled ending of a lockdown in the world’s second-most populous country on Sunday.

Business 20 Aug 2018 | 12:00 AM

Double jeopardy for European banks

FRANKFURT: Emerging markets have long been rich sources of growth for European banks. But the higher interest rates and fat margins on offer in places like Turkey and Russia come at a price, as the last 48 hours have shown.

Business 19 May 2018 | 12:00 AM

More vibrant stock market

The first five days of the market since the new Pakatan Harapan government took over has been exciting to say the least.

Economy 28 Apr 2018 | 12:00 AM

Recovery in crude oil prices yet to have big impact on players

CRUDE oil prices may be on a steady recovery path but sentiment surrounding the local oil and gas (O&G) sector is still gloomy.

Corporate News 09 Apr 2018 | 4:03 AM

Deripaska’s Rusal falls 35% as firm flags potential defaults

SHANGHAI: United Co. Rusal, the biggest aluminum producer outside China, flagged the prospect of debt defaults and “materially adverse” consequences for the company after the U.S. imposed sanctions on the firm and its billionaire owner Oleg Deripaska.

Economy 05 Jan 2018 | 12:00 AM

China property bonds seen facing highest risk of default

SHANGHAI: Bonds from China’s property developers face the biggest risk of default in the nation’s domestic debt market as the government’s funding curbs strain their finances, according to a survey of analysts and traders.

Business 14 Apr 2016 | 2:32 PM

Wall Street treads water after bank earnings, data (Update 1)

NEW YORK: Wall Street was little changed in muted trading on Thursday as tepid earnings reports from big banks failed to excite investors.