Sunday 21

October, 201812:57 AM

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Fed's Quarles upbeat about economy; rate policy on steady course

19.10.2018 Despite some muddled signals on the economy, Federal Reserve governor Randal Quarles is upbeat about the growth prospects and said the central bank could stay the course on gradual interest rate increases... click to read more.

Global stocks fall on worries about Saudi Arabia, Italy

19.10.2018 Global stocks mostly fell Thursday on a panoply of worries as varied as higher US interest rates..... click to read more.

EU builds ties with Asia in face of US protectionism

19.10.2018 European leaders sought to build support from Asia Thursday in defence of free trade and the fight against climate change, to counter the growing protectionism of President Donald Trump's America... click to read more.

US stocks fall on worries about Saudi Arabia, Italy

19.10.2018 Wall Street stocks tumbled Thursday on rising worries over US-Saudi relations after the suspected murder of journalist Jamal Khashoggi and unease over the eurozone due to Italy's controversial budget plans... click to read more.

Anglo-Gulf Trade bank uses blockchain to improve transaction speed

18.10.2018 The joint UAE/UK startup Anglo-Gulf Trade Bank (AGTB) has announced that it is turning to blockchain in a bid to speed up its financial transactions... click to read more.

China not manipulating currency but lacks transparency, US says

18.10.2018 Beijing is not a currency manipulator but China's exchange rate practices and the yuan's recent decline are of "particular concern," US Treasury Steven Mnuchin said Wednesday... click to read more.

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30.08.2018China's state planner says "effort" needed to meet targets
China's state planning agency has warned policymakers that the economy will face pressure from increasing economic headwinds during the second half of the year and that additional "effort" is necessary to ensure the achievement of development goals.

Xiaomi posts increase in revenue and profits for Q2 China's BATs should make sharp gains in 2018 Asian stocks mixed on Wednesday Singapore's PMI dips for fourth consecutive month


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