Business

New York: "Sell in May and go away" is perhaps the oldest saw on Wall Street, but it appears there's no shortage of US mutual funds doing...

London: Through the global economy's recovery over most of the past decade from a debilitating financial crisis, one thing that has not turned higher in...

Washington: The US economy slowed less than initially thought in the first quarter, but there are signs it could struggle to rebound sharply in the second...

London: The dip in the US economy is a "splutter" rather than a more serious downturn, the International Monetary Fund's (IMF’s) chief...

London: The dip in the US economy is a "splutter" rather than a more serious downturn, the International Monetary Fund's (IMF’s) chief...

Beijing: China's structural reforms will slow the pace of its debt build-up but will not be enough to arrest it, and another credit rating cut for the...

* Minutes from latest Fed meeting not as hawkish as expected * Euro edges back towards 6-1/2-mth high * BOC's upbeat economic view, buoyant oil boosts...

Shanghai: Hong Kong shares followed Asian markets higher on Thursday, even after Moody's downgraded Hong Kong's local and foreign currency issuer...

* Deeper OPEC, non-OPEC cuts seen unlikely * Market, delegates see 9-month extension as base-case scenario * OPEC to meet after 0820 GMT, non-OPEC to join...

Muscat: At its meeting held on Wednesday, the State Council Office expressed its satisfaction on His Majesty the Sultan’s approval of the philosophy of...