All three of the friends managed to swim to the beach while the victim failed to do the same due to the strong winds.

San Francisco Federal Reserve Chairman Jerome Powell made clear he and his colleagues are in no hurry to adjust interest rates as growth slows and inflation stays muted, but said the US central bank would announce new details of plans for its balance sheet “reasonably soon.” In a speech late Friday in Stanford, California, Powell […]

Prices seen to go down on decline in housing and fuel prices, oversupply in retail and hospitality, and receding VAT effect

According to the woman, the man consumed drugs and came to the house where she stays with her two children.

The two robbers wielded cleavers.

Three Emiratis aged 18, 10 and 10; and a Pakistani, 18, were killed in the crash.

DUBAI/RIYADH: A Saudi court has approved an application by detained and indebted billionaire Maan Al Sanea and his company, Saad, to have their case resolved through the kingdom’s new bankruptcy law, the company’s financial adviser and two sources familiar with the matter told Reuters. The ruling in February could provide a resolution to one of […]

Tokyo: It has taken more than a century, but Japanese banks are finally parting ways with a piece of technology that hasn’t felt cutting edge since the shogun reigned. Hanko, the personal stamps required for even simple transactions in Japan since the 1800s, are getting phased out at some of the country’s biggest financial institutions. […]

Jakarta. Bank Indonesia will conduct regular open market operations of repo and foreign exchange swap auctions three times per week to boost rupiah liquidity in the banking system, the central bank said in a statement, The publication of a fixed auction schedule for the next six months is expected to increase certainty for lenders in […]

ABU DHABI The Ministry of Economy will visit Uzbekistan and Kyrgyzstan to hold joint economic committees with both countries. The delegation, headed by Sultan Bin Saeed Al Mansouri, Minister of Economy, will include a number of senior officials from the ministries and other federal entities and local government bodies, as well as a number of […]