Gulf Times - Business
Close
Select Section:
World-class infrastructure key to transforming Qatar into trade hub

World-class infrastructure key to transforming Qatar into trade hub

Topnotch infrastructure in Qatar’s maritime sector has played a significant role in positioning the country among the world’s leading hubs for local and foreign trade flows ...

IEA does not expect ‘huge rise’ in crude prices: Executive director

IEA does not expect ‘huge rise’ in crude prices: Executive director

The International Energy Agency (IEA) doesn’t expect oil prices to rise significantly because demand is slowing and there is a glut in global crude markets, its executive director said yesterday.

Japan’s core inflation hits 2-year low, might push BoJ to ease again soon

Japan’s core inflation hits 2-year low, might push BoJ to ease again soon

Japan’s core inflation slowed to its weakest in about two years in June, underlining policymakers’ long battle to boost consumer prices and adding to speculation the Bank of Japan could deliver more stimulus later this month.

More China easing expected as growth cools, trade war weighs

More China easing expected as growth cools, trade war weighs

China is keeping all its economic policy tools within reach as the trade war with the United States gets longer and costlier, but still sees more aggressive action like interest rate cuts as a last resort should the dispute get uglier, policy sources say.

IndiGo owner sees more passengers

IndiGo owner sees more passengers

Interglobe Aviation Ltd, which operates India’s top airline IndiGo, yesterday said it expected passenger capacity to grow by nearly a third this fiscal year, as the company reported its highest-ever quarterly profit in the June quarter, benefiting from the collapse of Jet Airways.

Outgoing RBS chief to lead Australia bank

Outgoing RBS chief to lead Australia bank

National Australia Bank yesterday announced veteran banker Ross McEwan would be its new chief executive, as the lender seeks to rebuild confidence after a scathing national inquiry.

Europe markets end little changed as investors see US interest rate cut

Europe markets end little changed as investors see US interest rate cut

European markets closed little changed yesterday while Wall Street was largely flat as investors waited on a widely expected US interest rate cut to give a clear lead. Continued uncertainty about the US-China trade stand-off despite some positive commentary

Asian markets rally on fresh hopes for steep Fed rate cut

Asian markets rally on fresh hopes for steep Fed rate cut

Asian markets rallied yesterday as comments from a top Federal Reserve official were pounced on by investors as indicating the central bank will unveil a deep interest rate cut at the end of the month.

Sensex falls sharply; rupee strengthens

Sensex falls sharply; rupee strengthens

Indian shares fell sharply yesterday to close at their worst levels since mid-May, as investors fretted over weak corporate earnings and the government’s refusal to tweak the surcharge on foreign investors.

China investor beating 98% of peers bets on Hong Kong equities

China investor beating 98% of peers bets on Hong Kong equities

After beating almost all rivals in China with 45% return in one equity fund, investor Qu Yang is shifting his money into Hong Kong. The money manager at Qianhai Kaiyuan Fund Management Co has boosted the proportion of Hong Kong shares in one of his winning funds to more than 30%

ECB rate-cut bets drive another big weekly fall in bond yields

ECB rate-cut bets drive another big weekly fall in bond yields

Anticipation of ECB rate cuts put German yields on track for their biggest weekly drop in seven weeks yesterday, while Italian borrowing costs were set for a seventh week of declines despite rising off 3-year lows hit the previous day.

Mnuchin says no change to US dollar policy ‘as of now’

Mnuchin says no change to US dollar policy ‘as of now’

Treasury Secretary Steven Mnuchin said there is no change in the US’s dollar policy “as of now” but wouldn’t rule out a shift at some stage in the future. There has been “no change to the dollar policy,” he said during an interview on Thursday following a Group of Seven finance ministers’

  • Fajr

    03:26 AM
  • FAJR

    03:26

  • Shruq

    04:55

  • Duhr

    11:40

  • Asr

    15:06

  • Maghrb

    18:25

  • Isha

    19:55

From To