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 Staff Reporter MUSCAT Foreign buying in banking stocks coupled with local support for telecom companies saw the Muscat Securities Market (MSM) index go up by 0.8...

LONDON World stocks hit a record high on Wednesday after strong earnings and the prospect of tax cuts for corporate America boosted US shares and...

DUBAI The volume of international bond issues from the Gulf may hit a record high for a second straight year in 2017 as lower oil...

MUMBAI Indian shares end-ed at a record closing high on Wednesday, buoyed by solid company results and higher global markets. The benchmark BSE Sensex closed up...

NEW DELHI India’s finance minister Arun Jaitley said on Wednesday that the government has no plans to tax agricultural income, a day after a senior...

DUBAI Saudi lenders Alawwal Bank and Saudi British Bank have agreed to start talks about a merger that could create the kingdom’s third biggest bank...

LONDON Saudi Arabia has awarded a licence to Citigroup to allow it to provide a full range of investment banking and capital markets services, the...

SYDNEY BHP Billiton has put its Fayetteville shale gas assets in the US back on the block, the world’s largest miner said on Wednesday, as...

TOKYO Toshiba, the troubled Japanese conglomerate, wants to replace auditor PricewaterhouseCoopers Aarata (PwC) to resolve an impasse over full-year earnings and remain listed, two sources...

NEW YORK Daimler on Wednesday reiterated that recent steps by US authorities to investigate diesel emissions pollution and so-called auxiliary emission control devices could lead...