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Economy & Finance – International
Economy & Finance – international
UK economy shrinks amid BOE rate-cut debate
LONDON
The UK economy unexpectedly shrank ahead of the general election last year, casting doubt over whether there was any…
China issues 6 new B & R bonds by Nov
BEIJING
China’s securities regulator said the country has strengthened the financial support for the Belt and Road Initiative in…
Erdogan, Putin hail TurkStream project
ISTANBUL/ Moscow
Turkish and Russian presidents hailed Wednesday TurkStream natural gas pipeline project, saying the cooperation…
No risk to oil flow: UAE Minister
ABU DHABI: The UAE’s Minister of Energy and Industry, Suhail Al Mazroui, said he didn’t expect oil supplies to be disrupted…
ME tensions lift Japan yen; grim US data hits dollar
NEW YORK
Investors rushed into safe-haven assets after U.S. air strikes in Iraq killed a senior Iranian military official,…
Oil industry braces for ME turmoil
NEW YORK/ LONDON/SINGAPORE
The US assassination of one of Iran’s most powerful generals has the oil industry bracing for…
China injects $154b to stabilise economy
BEIJING/HONG KONG
China has moved to pump more cash into its financial system, suggesting that Beijing remained concerned about…
UK manufacturing output slides at fastest rate since 2012
LONDON
British factory output fell in December at the fastest rate since 2012 as a tepid global economy hurt demand and…
China’s Liu He to sign Phase 1 trade deal in US
WASHINGTON/BEIJING
Chinese Vice Premier Liu He will visit Washington this week to sign a “Phase 1” trade deal with the United…
Saudi Arabia makes strides in fiscal management
RIYADH
Saudi Arabia, which overhauled its public finances and embarked on major economic reforms a few years ago, is on track…
