Business

Abuja: Nigeria's central bank kept the main interest rate at 14 per cent as expected on Tuesday and pledged to close the gap between the official and...

London: Singapore remains the world's most expensive city to live in, a study showed on Tuesday, with two Japanese cities — Tokyo and Osaka —...

Amsterdam: The Netherlands should push for the European Union to keep strong trade ties with Britain after the British quit the EU, a report commissioned by...

Beijing: The World Bank's newly appointed chief executive gave a spirited defence of globalisation during her first official visit to China, saying it...

Hong Kong: Asian stocks posted their biggest drop in two weeks on Wednesday as growing doubts about Donald Trump's economic growth agenda prompted...

Frankfurt: Banks in London that relocate operations to the euro zone after Brexit are likely to be spared a lengthy entry test by regulators, making it...

New Delhi: India is exploring setting up a new payments mechanism for trade with Iran, after its old sanctions workaround broke down, as state banks remain...

Muscat: Dr. Yahya bin Mahfoudh Al Mantheri, Chairman of the State Council received in his Office yesterday Vladimir Makei, Minister of Foreign Affairs of...

London: Oil prices climbed on Tuesday, helped by expectations that an Opec-led output cut would be extended beyond June but gains were pegged back by...

Dubai: Dubai’s government-owned utility completed a 200-megawatt power plant one month ahead of schedule as part of a plan to build the world’s largest...