S&P downgrades South Africa’s credit outlook to negative
On Friday, the 22nd of November 2019, the US-based credit rating agency, Standard & Poor’s, had slashed South Africa’s credit rating outlook to “negative” from an earlier “stable”
Economy | Page 2 Of 41
Tory’s Javid pledges to lower Britain’s debt, more financial security
On Sunday, the 24th of November 2019, the British Chancellor, Sajid Javid, said that the ruling Tories would send out a ‘very detailed costing document’ during launch of its election manifesto
China remarks US as the world’s biggest source of instability
On Saturday, at a G20 summit in Japan, attacking the US President Donald Trump and his administration with a vociferous voice, a top official of Chinese Government said that Washington had been the world’s biggest source of instability
US & China could still seal a deal by year-end, says US Security Adviser
National Security Adviser, Robert O’Brien said on Saturday, the 23rd of November 2019, that, a “Phase One” trade accord with China could still be possible by year-end
UK businesses in their deepest downward spiral since 2016, signals PMI data
On Friday, surveys reporting UK Markit Manufacturing PMI (Purchasing Managers’ Index) and Service sector PMI had orchaestrated British business environment which had been suffering from its deepest economic downturn since mid-2016
Nigeria’s economy expands in Q3 after oil output spikes to three-year-peak
On Friday, the 22nd of November 2019, the Statistics office for the Govt. of Nigeria had revealed that economy of Nigeria grew by 2.28 per cent during the third quarter of the year
China’s Xi says wants to work out an initial trade deal with the US
China’s President Xi Jinping said on Friday, the 22nd of November 2019, that, China was looking to work out an initial trade accord with the United States in a bid to avert a potentially invasive trade war
US job data, manufacturing activity point to a slowing economy
On Thursday, the 21st of November 2019, data released by the US Labour Department had botched to shed any kind of ambient literature on a sharply slowing US economy
OPEC+ likely to announce oil output curb until mid-2020 ahead of Aramco IPO
OPEC+ nations were widely expected to extend an existing oil production curb during their meet as early as next month ahead of an Aramco IPO
EU expresses cautious optimism over sidestepping a US auto tariff hike
On Thursday, the 21st of November 2019, the European Union trade chief Cecilia Malmstrom alongside other ministers had expressed cautious optimism over fending off a planned US tariff hike on EU-made autos
China says will strive to reach a “Phase One” trade deal with the US
In a bid to reignite hopes of an almost castrated Sino-US trade deal, Chinese Commerce Ministry said on Thursday that Beijing would push through to the bottom to reach an interim trade accord with Washington
China cuts benchmark lending rate again to boost up battered economy
Earlier on Wednesday, the 20th of November 2019, China, the trade-war-struck Central Asian nation and the world’s second-largest economy had slashed its benchmark borrowing cost further as expected
S. Korea to end intelligence sharing pact with Japan as trade tension rises
Defying US Pressure, the government of South Korea was set to put an end to its intelligence-sharing pact on Saturday (November 23rd) with its noisy neighbour, Japan, the third-largest economy in the world
Crude oil treads water, clings on to two-month-peak ahead of OPEC+ meet
On Friday, the 22nd of November 2019, both US and UK crude oil futures’ prices were harbouring near their two-month-high, set to report their third straight weeks of gains in a row over growing optimism of an extension of OPEC+ output cut
‘Phase One’ Sino-US trade deal may not be completed this year
A few sources closer to White House had unveiled on Wednesday on condition of anonymity that an interim trade deal between the world’s first- and second-largest economy might not be rubber stamped this year,
US housing starts, building permits boost as lower mortgage rate wields
On Tuesday, the 19th of November 2019, data released from the US Commerce Department had revealed an upbeat illustration of the US housing market on October
Oil rises 2% after US inventory data, Putin’s pledge on output curb
On Wednesday, the 20th of November 2019, both US and UK crude gained more than 2 per cent following reveal of a better-than-anticipated US crude inventory report
Without a China deal, US will hike tariffs, says Trump; equities fall
Casting a fresh cloud over an interim Sino-US trade deal, Trump said that United States would push forth to raise tariff on Chinese imports if Beijing couldn't reach a deal
Trump says has cordial talks with Fed’s Powell, negative rates in the cards
On Monday, the 18th of November 2019, US President Donald Trump said that he met with the Federal Reserve Chairman Jerome Powell at the White House on Monday (November 18th) morning
Kuwait’s GDP tumbles 1.2 per cent in second quarter
On Sunday, the Kuwaiti government data had revealed that the small but petroleum-based wealthy economy of Kuwait was tottered by 1.2 per cent on a quarterly basis over the second quarter
Crude oil sinks 2 per cent on supply glut fear, trade talk concerns
On Tuesday, the 19th of November 2019, both US and UK crude had curbed earlier gains meaded by upbeat comments from two of the top US officials over reaching an interim Sino-US trade deal
Euro zone Inflation winding away from target, falls further to 0.7 per cent
On Friday, the 15th of November 2019, Eurostat Statistics Office had confirmed an earlier estimate that the euro zone consumer price rose by only 0.7 per cent last month, down from a figure of 0.8 per cent a month earlier
OPEC+ to face off hardnosed competition in 2020, says IEA
Late on Friday, the 15th of November 2019, the Paris-based IEA, had said in its monthly report that the OPEC alongside its allies led by Russia, would be met with fierce competition in 2020
Venezuela doubles up euro supplies to country’s banks as US sanction stings
Banco Central de Venezuela, the Venezuelan Central Bank, had doubled up the amount of cash it was injecting into the nation’s lenders in euros
China, US had ‘constructive’ phone calls on trade, says Xinhua
On Sunday, the 17th of November 2019, China’s pro-CCP backed state-owned news agency, Xinhua had revealed in a report that leading negotiators from the United States and China had held “constructive talks”
« Previous
Page 2 / 41 Next »