Thursday, October 19, 2017
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RIYADH Saudi Arabia’s government has made payments of 40 billion riyals ($10.7 billion) that it owed to private sector companies, according to a report quoting...

NEW DELHI Global energy giants Exxon Mobil, Chevron and BP as well as domestic players like Reliance Industries are unlikely to bid in the auction...

NEW DELHI The Reserve Bank of India (RBI) has proposed opening of “Islamic window” in conventional banks for “gradual” introduction of Sharia-compliant or interest-free banking...

NEW DELHI India’s economic growth is expected to fall by up to 1 percentage points over the next 12 months in the wake of demonetisation,...

NEW DELHI Foreign investors have pulled out close to $3 billion from the Indian capital market this month so far on lingering concerns over the...

NEW DELHI The Securities and Exchange Board of India (Sebi) plans to allow Foreign Portfolio Investors (FPIs) to invest in unlisted non-convertible debentures and securities...

LIMA (Peru) Chinese President Xi Jinping pledged to open the economy further on Saturday as leaders of Asia-Pacific countries sought new free-trade options following Donald...

BEIJING Chinese state media warned US President-elect Donald Trump against flip-flopping on trade deals in Asia, as Asia-Pacific leaders gathered for a summit amid fears...

MINNEAPOLIS Facebook, facing withering criticism for failing to stem a flood of phony news articles in the run-up to the US presidential election, is taking...

NEW YORK Brookfield Asset Management proposed to take a 50-60 per cent stake in bankrupt solar company SunEdison unit TerraForm Power, a week after it...