Business

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...

Muscat: Total credit extended by Omani banks, including Islamic financial institutions, grew by 8.9 per cent year-on-year to OMR22.1 billion by the end of...

Muscat: Dividend conversion in large caps and ex-conversion trading in Bank Muscat dragged down the MSM30 Index by 0.72 per cent, before closing at 5,629.93...

London: Britain’s largest property brokers are cutting jobs, closing branches and raising capital even as homes sell for record amounts. While some...