Business

Muscat: Total loans and advances of Omani banks grew by 6.4 per cent to OMR23.55 billion in 2017, from OMR22.13 billion in the previous year. The average...

Muscat: Oman’s central bank has announced issue of government development bonds to the tune of OMR150 million. The issue, which will have a maturity of 10...

Frankfurt: Big time politics from elections to trade wars will overshadow the European Central Bank's (ECB’s) policy meeting next week, keeping...

New York: There is little doubt on Wall Street that US corporate profits are on track to rise at a healthy rate this year, with an overall estimate for...

Washington: US President Donald Trump struck a defiant tone on Friday, saying trade wars were good and easy to win, after his plan to put tariffs on steel...

New Delhi: Potential buyers have expressed strong early interest in a bankrupt U.S. firm of Indian jeweller Nirav Modi, who has been accused of involvement...

London: European shares slid on Thursday as a flurry of uninspiring earnings updates from retailer Carrefour and advertiser WPP kept the mood downbeat,...

Houston/Moscow: Exxon Mobil Corp will exit some joint ventures with Russia's Rosneft, citing Western sanctions first imposed in 2014, while the Russian...

Shanghai: Chinese investors dumped Hong Kong stocks for a second day on Wednesday, fearing that faster interest rate rises in the United States would kill...

Dubai: Middle East fund managers remain heavily positive towards Saudi Arabia's equity market before index compilers decide whether to upgrade it, while...