Gulf Times - Business
Close
Select Section:
IMF holds talks with Pakistan on economic issues

IMF holds talks with Pakistan on economic issues

The International Monetary Fund (IMF) has invited a number of renowned economists, academicians and former senior government officials to Washington for consultations on a future roadmap on economic challenges of Pakistan and possibility for extending another bailout package in case Islamabad made a

Oil prices sink below $70 as Saudi signals increase in supply

Oil prices sink below $70 as Saudi signals increase in supply

Oil prices fell below $70 a barrel in New York for the first time in more than two weeks as Saudi Arabia said it expects Opec and its partners to boost supplies later this year, easing restraints intact since early 2017.

Oil prices drop as Saudi signals likely supply boost

Oil prices drop as Saudi signals likely supply boost

Global oil prices fell yesterday after top producer Saudi Arabia signalled a likely boost in supply as soon as the third quarter, and world stock markets were mixed over the sudden US move to cancel the summit with North Korea.

Foreign banks are flexing muscles in Australia again

Foreign banks are flexing muscles in Australia again

Foreign banks are circling Australia once more as they bet on resources and infrastructure investment gathering pace at a time when local banks are distracted by a government inquiry following a string of scandals.

‘Japan factory output seen rising in April’

‘Japan factory output seen rising in April’

Japan’s industrial production was expected to rise for a third straight month in April thanks to brisk export demand, a Reuters poll found yesterday, a positive sign after the economy contracted in the first quarter.

China to use cornerstones to help Alibaba, Xiaomi list in mainland

China to use cornerstones to help Alibaba, Xiaomi list in mainland

China plans to use cornerstone investors to help its overseas-listed tech giants such as Alibaba and Xiaomi to sell shares at home, on worries the size of the deals could overwhelm mainland markets, three sources said.

Silicon Valley wants to tax big tech just like Seattle did

Silicon Valley wants to tax big tech just like Seattle did

Seattle levied an annual tax of about $50mn on big companies last week to help solve the city’s homeless problem. The tax was watered down from the original proposal but it was controversial and pitted the city against its most powerful corporate resident, Amazon.com Inc.

German business morale steadies despite spectre of global trade war

German business morale steadies despite spectre of global trade war

Ifo: Downward trend stopped, economy holding ground; economist: German growth story on its last leg; US tariffs, US exit from Iran deal are risks; other recent data shows economic growth slowing

How BoJ crushed trading in Japan’s $10tn bond market

How BoJ crushed trading in Japan’s $10tn bond market

When Tadashi Kikugawa arrived on the Japanese bond desk at Fuji Bank in 1988 after finishing a college degree in physics, he had to get to grips with a market with “huge” fluctuations. Trades worth $1bn in one shot weren’t unusual, he says, and they would often send yields seesawing.

Toshiba has more work to do to regain access to bonds

Toshiba has more work to do to regain access to bonds

Toshiba Corp may need to do more to regain investors’ confidence if it wants to reestablish itself as a regular issuer in Japan’s bond market.

Investors in dark as NSE, SGX fight over futures

Investors in dark as NSE, SGX fight over futures

What started as a business disagreement between two Asian exchanges has become a source of growing concern for international investors.

Biopharma deploying Trump windfall to buy back billions in stock

Biopharma deploying Trump windfall to buy back billions in stock

Drugmakers, whose industry pricing faced renewed scorn this month from President Donald Trump, have been taking advantage of the US tax overhaul he signed last year to buy back shares of their own underperforming stocks.

  • Fajr

    03:15 AM
  • FAJR

    03:15

  • Shruq

    04:45

  • Duhr

    11:31

  • Asr

    14:56

  • Maghrb

    18:17

  • Isha

    19:47

From To