iPhone | iPad
Android
HuaweiTOKYO - Asian shares rose on Tuesday on hopes for further stimulus from the European Central Bank and the U.S. Federal Reserve, both of which hold policy meetings this week, but scepticism about the long-term effectiveness of any ECB actions capped the euro.
KT APPDOWNLOAD
MORE FROM Markets
NEW DELHI — India’s Home Minister P. Chidambaram is likely to switch to finance minister this week, stepping into the key role at a difficult time for the once-booming economy, reports said on Tuesday.
TOKYO - Japanese electronics conglomerate Toshiba Corp posted a better-than-expected 178 percent rise in quarterly operating profit on Tuesday, boosted by strong overseas earnings in its social infrastructure division despite sluggish chip sales.
TOKYO — Honda Motor said Tuesday its net profit surged more than fourfold to $1.7 billion for the three months to June, underscoring a recovery from the impact of last year’s quake-tsunami disasters.
TOKYO — Panasonic said Tuesday it swung back into the black for the April-June quarter as it cut costs to restructure its business while battling the negative effects of a strong yen.
TOKYO — Tokyo stocks rose 0.69 percent by the close Tuesday, bucking a downturn on Wall Street amid hopes for a firm recovery among Japanese high-tech manufacturers as they release quarterly earnings.
LONDON — British energy giant BP said Tuesday that it plunged into a net loss in the second quarter of 2012, hit by lower oil prices and a vast $5.0-billion (4.1-billion-euro) writedown on the value of assets.
The German and Italian leaders have pledged to do everything to protect the eurozone, the German government said on Sunday — further underlining European politicians’ determination to get a grip on the continent’s debt crisis, but again offering no details of any action.
The UAE continues to enjoy nearly half of the total GCC building construction market, followed by Saudi Arabia at 33 per cent, according to a new research.
The government’s nearly wreckless borrowing spree goes up — impacting ratings that have gone down!
