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Sunday, October 26, 2014  
Call to lower GCC spending
Gulf Arab oil exporters face inevitable spending cuts as weak oil prices cloud their economic outlook, Kuwaiti Finance Minister Anas Al Saleh
more...

Commercial banks’ assets rise 11% to 24b rials in Aug.
The financial health of banks in terms of assets quality, provision coverage, capital adequacy and profitability has continued to improve in recent years
more...

Iraq oil exports rise in Oct. despite crisis
Iraq’s oil exports from its southern terminals are holding close to a record high in October and Kurdish shipments are climbing, a further sign
more...

Egypt set to tap global markets to raise $1.5b
Egypt could tap international bond markets to raise up to $1.5 billion next year to shore up its finances and is open to agreeing
more...

Positive signals helped MSM gain 2% last week
The Muscat Securities Market (MSM) ended the week with a positive note, with the general index going up 137.44 points
more...

Pichai to head major Google products
Google chief executive officer Larry Page has put Sundar Pichai, one of his key lieutenants, in charge of the Internet
more...

25 banks fail ECB stress test, 10 more remain in trouble
A group of 25 banks have failed European health checks, while up to 10 of those continue to have a capital shortfall
more...

India’s growth pace to pick up in 2 years as reforms draw investments
India’s economy will likely grow at its fastest pace in two years in the current fiscal year as Prime Minister Narendra Modi
more...

Kuwait to cut bad loans to 2%
Kuwait’s central bank aims to cut the bad loan ratio among Kuwaiti commercial banks to below 3 per cent of total loans
more...

Amazon’s ‘fairy tale’ ride on Wall Street runs into rough weather
Amazon.com’s once fairy-tale ride on Wall Street has hit its most jarring bump yet.
more...

NEWS UPDATES
Oman
Tokyo meet showcases scope for investment in ports, infrastructure
Forum to discuss competitiveness
ISAS students go bird watching in Qurum
ISG tops national quiz
Sultanate takes part in China youth forum
Other Top Stories
WHO eyes mass Ebola vaccines by mid-2015
Militants will target Tunisia election: PM
Mali tries to calm fears over Ebola
Gulf states will face budget shortfall, warns IMF
Kurds retake north Iraqi town
India
$13.1b defence projects cleared
BJP, Sena hold back-channel talks on tie-up
Modi reaches out to media, vows direct interaction
Netaji’s deputy, Nehru aide Nambiar was ‘Soviet spy’
RSS distances itself from article on Nehru
Tharoor joins ‘Clean India’ drive
Pakistan
Sea of people will attend Nov. 30 rally, says Imran
Key suspect in Edhi Centre robbery held in Karachi
Pak sectarian attacks killed 4,900 over 25 years
73 Pakistani shrines violate loudspeaker ban
Middle East
Israeli soldiers kill Palestinian teen in W. Bank
Libyan troops, allies seize control of largest rebel camp in Benghazi
Russia has not agreed to train Iraq troops: Lavrov
Lebanese troops, gunmen clash in Tripoli market
Iran acid attack suspects freed
Iran rebuffs pleas, executes woman convicted of killing rapist
Asia
North Korea has capability to build N-warhead: US general
Scaled-down war games to continue in Thailand: US
Business
Call to lower GCC spending
Commercial banks’ assets rise 11% to 24b rials in Aug.
Iraq oil exports rise in Oct. despite crisis
Egypt set to tap global markets to raise $1.5b
Positive signals helped MSM gain 2% last week
Pichai to head major Google products
25 banks fail ECB stress test, 10 more remain in trouble
India’s growth pace to pick up in 2 years as reforms draw investments
Kuwait to cut bad loans to 2%
Amazon’s ‘fairy tale’ ride on Wall Street runs into rough weather
Europe
Ukraine goes to polls today amid rebel uprising in east
Kiev oligarch’s factory is rebels’ tank workshop
Kin troubles prompt mom to kill kids with acid in UK
Picasso Museum reopens after five-year renovation in Paris
Setback for UK’s Labour as leader in Scotland quits
Russia set to turn back clocks to permanent winter time
Sports
Pakistan push Aussies to the wall
Marquez grabs record 13th pole in Malaysia
Six-wicket Shakib skittles Zimbabwe for paltry 240
Advani emerges World champion
Serena fights back to down Wozniacki
WTA mulls new team event
Juric goal gives Wanderers edge over Al Hilal in final
Ray of hope for Ranchi as Dhoni becomes co-owner
India-Lanka first ODI in Cuttack
West Ham hand City shock defeat
West Indies walk-out a ‘collapse of governance’
Americas
2 students killed in Washington school shooting
Medical worker quarantined in New Jersey after new Ebola safeguards
Hatchet attack on NY police officers is a ‘terrorist act’
Two sheriff deputies killed in California shooting spree
Canada to toughen laws against terror
‘Highway of Heroes’ bears slain soldier home

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