Business

Beijing: The International Monetary Fund (IMF) on Wednesday raised its forecast for China's 2017 economic growth to 6.7 per cent, its third increase...

Muscat: Weak sentiments continue to weigh on the MSM30 Index, as it declined 0.24 per cent to end at 5,300.71 points. The MSM Sharia Index closed at 777.74...

London: Growth in oil supply next year is expected to outpace an anticipated pick-up in demand that will push global consumption above 100 million barrels...

Tunis: Libya's National Oil Corporation (NOC) and German oil firm Wintershall have agreed an interim deal to resume production, a step forward in a...

Washington: US producer prices were unchanged in May as energy costs recorded their biggest decline in more than a year, suggesting a moderation in...

Tokyo: If and when the Bank of Japan (BOJ) should reveal its plans to exit its ultra-loose monetary policy has split economists polled by Reuters, with the...

Houston: Strong demand for shale oil-and-gas infrastructure is giving rise to an important new financing vehicle for pipeline, processing and storage...

Beijing: China's economy generally remained on solid footing in May, but tighter monetary policy, a cooling housing market and slowing investment...

New Delhi: Counterfeit currency detection instances in the country's banking channels have seen an all time increase in the last eight years at over...

Shanghai: China stocks fell on Wednesday, with the country's leading "nifty 50" stocks posting their worst day in six months, as weak...