2019 2018 2017 2016 2015 2014 2013 2012 News Archive
January February March April May June July August September October November December
US slams harmful China trade policies, threatens auto tariffs
(Arab News - 29/11/2018)

US Trade Representative Robert Lighthizer on Wednesday slammed Beijing for failing to offer “meaningful reform” on aggressive trade policies that harm US workers and industry, and threatened tariffs on Chinese autos.<br/><br/> The latest trade threat

Brexit shouldn’t be seen as a purely UK problem
(Gulf News - 29/11/2018)

The singular issue of Brexit has consumed the United Kingdom for two-and-a-half years. The “if”, “how” and “when” of the country’s withdrawal from the European Union (EU), after decades of membership, has understandably dominated news coverage, and

World stocks climb on hopes of trade truce
(The Gulf Today - 29/11/2018)

Hopes for a thaw in US-China trade ties at the upcoming G20 summit helped world shares inch to a one-week high on Wednesday, though fears of a no-deal outcome weighed on European bourses and kept the dollar firm for the fourth day in a row.<br/><br/>

Microsoft’s stock market value catches up with Apple
(Oman Daily Observer - 28/11/2018)

Just four months after Apple Inc breached the $1 trillion mark, the iPhone maker has lost its lead as Wall Street’s most valuable company and is on the verge of being replaced by Microsoft Corp. Apple shares fell 1.77 per cent in extended trade after US

Stock markets downbeat after Trump comments
(The Gulf Today - 28/11/2018)

Stock markets largely headed south once more Tuesday with traders on edge after US President Donald Trump warned he would ramp up his trade war with China should he fail to reach a deal with Chinese leader Xi Jinping at upcoming talks.<br/><br/> The

Global equity traders brace for year-end swings
(Gulf News - 26/11/2018)

Global equities will be entering into a volatile week ahead of the Group of 20 meeting. Stocks have been battered by a sell-off in technology shares and oil amid concerns over trade wars and expectations of a faster rise in interest rates.<br/><br/> The

Brexit deal is best option to protect UK economy
(The Gulf Today - 25/11/2018)

Britain’s draft deal to leave the European Union is the best available solution to safeguard the economy and start to reunite a divided country, finance minister Philip Hammond said on Saturday.<br/><br/> Prime Minister Theresa May is due to meet EU

Japan threatens to cut solar power subsidies, angering investors
(The Gulf Today - 22/11/2018)

The Japanese government is threatening to cut existing solar power project subsidies angering the power producers and investors that say the cuts will undermine their profitability and violate earlier agreements.<br/><br/> The Ministry of Economy, Trade

UK bank Rosette launches Islamic capital markets unit
(Trade Arabia - 22/11/2018)

UK-based Rosette Merchant Bank (Rosette), an independent, privately-owned, sharia compliant financial services firm with close ties to Kuwait and the rest of the GCC, has announced the launch of a new alternative funding solutions division. <br/><br/>

Bank of England chief backs May’s Brexit deal
(The Gulf Today - 21/11/2018)

Bank of England Governor Mark Carney gave his backing to a Brexit deal struck by British Prime Minister Theresa May, saying the alternative of leaving the European Union with no transition could be akin to the 1970s oil shock.<br/><br/> “We have

Pakistan to receive $1 billion from S.Arabia soon
(The Gulf Today - 19/11/2018)

Pakistan is likely to receive the first tranche of $1 billion under the balance of payments support from Saudi Arabia within the next couple of days, boosting its plummeting foreign currency reserves.<br/><br/> The money would hopefully reach the State

APEC leaders divided after US, China spat
(The Gulf Today - 19/11/2018)

Asia-Pacific leaders failed Sunday to bridge gaping divisions over trade at a summit dominated by a war of words between the US and China as they vie for regional influence.<br/><br/> For the first time, APEC leaders were unable to agree on a formal

German industry says hard Brexit would be disastrous
(The Gulf Today - 18/11/2018)

Britain crashing out of the European Union without a divorce deal would have disastrous consequences for companies and workers in Britain and across Europe, the head of the BDI German Federation of Industry said on Saturday.<br/><br/> Britain’s Prime

UK inflation unexpectedly holds steady in October
(The Gulf Today - 15/11/2018)

British inflation unexpectedly held steady in October, according to data on Wednesday that raises the prospect that the rate could return to target faster than the Bank of England expects. Consumer prices rose at an annual pace of 2.4 per cent in

Japan’s economy contracts as natural disasters hit
(Arab News - 14/11/2018)

Japan’s economy shrank in the three months to September, official data showed Wednesday, after a string of natural disasters hit consumer spending and exports, and China’s slowing economy cast a shadow.<br/><br/> Gross domestic product for the

EuroChem to produce lower volumes of potash
(The Gulf Today - 14/11/2018)

Fertiliser producer EuroChem said it would produce less potash than originally planned this year and would delay the launch of its second plant to the first half of 2019, making its entry into the competitive market more gradually than planned.<br/><br/>

New York stocks crumble as Apple's rot spreads
(Gulf News - 13/11/2018)

US stocks crumbled on Monday, with a sell-off initially sparked by fears of weakening demand for Apple’s iPhone spreading to the rest of the market.<br/><br/> The losses compounded declines from the end of the prior week, when fears for global economic

China to further open up economy, slams rising protectionism
(Arab News - 12/11/2018)

Chinese Premier Li Keqiang said on Monday Beijing will further open up its economy in the face of rising protectionism, as he headed for meetings with Asia-Pacific leaders in Singapore that are expected to focus on trade tensions.<br/><br/> Li’s remarks

China’s import expo logs $57.8 billion of deals
(The Gulf Today - 11/11/2018)

Around $57.83 billion worth of deals were agreed for the year ahead at the China International Import Expo (CIIE), the official China Daily said on Saturday.<br/><br/> The Nov. 5-10 CIIE, which brings thousands of foreign companies together with Chinese

UK factories expect dip in output before Brexit
(Oman Daily Observer - 08/11/2018)

Smaller British manufacturers expect their output to dip for the first time in seven years during the next three months, hurt by sagging order books ahead of Brexit, an industry survey showed on Wednesday.<br/><br/> Domestic orders flatlined and

Lebanon central bank says debt threat growing amid political vacuum
(Gulf News - 07/11/2018)

Lebanon is failing to take steps to cut its huge deficit and national debt as its leaders struggle to form a government, the second vice-governor of its central bank said on Tuesday.<br/><br/> “Fiscal consolidation is not in the offing as we had hoped,”

Export orders to US down a third at China's largest trade fair
(The Peninsula - 07/11/2018)

The value of export orders to the United States signed at China's largest trade fair dropped 30.3 percent on the year, its organiser said, as higher U.S. import tariffs made goods from batteries to farm tractors costlier.<br/><br/> The steep fall in

Boeing, Airbus fret over trade war woes
(The Gulf Today - 07/11/2018)

The world’s two largest planemakers signalled on Tuesday that they were keen to see an end to a bruising trade war between Washington and Beijing, as China opened its largest airshow with a display that showcased its aviation ambitions.<br/><br/> Boeing

Britain confident of ‘imminent’ Brexit deal for financial sector
(Gulf News - 06/11/2018)

The United Kingdom is confident it is on the verge of reaching an agreement with the European Union to give London’s vast financial centre access to EU markets after Brexit, Britain’s financial services minister John Glen said on Monday.<br/><br/> Home

Investors slam derailment of markets’ rally
(The Gulf Today - 06/11/2018)

World stocks slipped on Monday, halting a four-day recovery rally as anxiety surrounding global trade conditions and rising US interest rates dampened risk appetite.<br/><br/> European shares managed to reverse losses in choppy trade as investors readied

  • Portfolio Current Value
  • Today's Gain
  • Overall Gain
  • Overall Gain (%)

  •   ()