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OPEC+ alliance to stay for long term, says new Saudi energy minister

11-09-2019

On Monday, the 9th of September 2019, the OPEC kingpin and the second-largest oil producer across the globe, Saudi Arabia’s newly appointed Energy Minister, said that the pact of world’s top oil producing nations would keep working with each other

Japan’s Q2 GDP growth slows as trade war hits business investment

10-09-2019

On Monday, the 9th of September 2019, revised Cabinet Office Data had revealed a downbeat depiction of Japanese economy during the second quarter of the year on an adjusted basis

UK economy shows unexpected resilience in July, recession frets weaken

10-09-2019

On Monday, the 9th of September 2019, Britain’s Office of National Statistics had released a basket of upbeat economic data, offsetting feathering frets of a recession risk which were lurking over the horizon as Brexit chaos escalates.

China’s August export contracts unexpectedly as US shipments slumped

09-09-2019

On Sunday, the 8th of August 2019, export data from China’s Customs had added further strains on China’s calamitous economic outlook, which might have been drowning deeper into a recession as every day went by

Turkey’s Erdogan mulls another en-masse rate-cut

08-09-2019

On Saturday, the 7th of September 2019, Turkey’s much-centrist President Tayyip Erdogan said he had been expecting Turkey’s Central Bank to keep axing interest rates

Russian Central bank axes key interest rate to 7 per cent

08-09-2019

On Friday, the 6th of September 2019, the Central Bank of Russia slashed its key interest rate by 25-basis point to 7 per cent, remarking the third rate-cut this year

Sino-US trade spat could take years to resolve: White House advisor Kudlow

07-09-2019

On Friday, the 6th of September 2019, White House economic adviser, Larry Kudlow said that the United States had been looking to a near-term resolution of its year-long trade disputes with China

Fed Chair Powell repeats vow to “act as appropriate” to sustain growth

07-09-2019

On Friday, the 6th of September 2019, Federal Reserve Chairman Jerome Powell had reiterated his vow to act as appropriate in order to sustain a decade-long expansion of US economy

US hiring calms, wages & hours render a silver lining despite growing odds

07-09-2019

On Friday, US job data released by the Labour Department sketched out a mixed portrait of US labour market, while job growth slowed more than anticipated last month alongside retail hiring was declined for seven straight months in a row

US & China agree to resume trade talks, market space-dives

06-09-2019

On Thursday, the 5th of September 2019, Washington and Beijing had agreed to resume a high-stake, face-to-face trade talk by early October in Washington

Crude climbs 4 percent on positive China data

05-09-2019

On Wednesday, the 4th of September 2019, crude oil futures’ prices had put an end to its three-day-long losing streak over an overwhelming fret that the global economy was losing much of its steams at a quicker pace than estimated

US bipartisan lawmakers urge Google to expand copyright protection

05-09-2019

On Wednesday, the 4th of September 2019, a bipartisan group of US lawmakers including both Republicans and Democrats asked Google CEO Sundar Pichai to prevent copyright violation

US economic growth slowing down, as trade war dented activities

05-09-2019

On Wednesday, the 4th of September 2019, Federal Reserve had reported that the US economic growth was cooling down over the recent weeks

United States does not want to discuss Huawei issue with China, says Trump

05-09-2019

US President Donald Trump said that the United states did not have any intent to either discuss about Huawei blacklisting with China or using the China’s tech conglomerate as a leverage in his tariff war

US trade deficit shrinks marginally in July, China gap at six-month-peak

05-09-2019

On Wednesday, the 4th of September 2019, data released by US Commerce Department had revealed a slight moderation of trade gap

US manufacturing contracts as China tariff bites

04-09-2019

On Tuesday, the 3rd of September 2019, official data released by the US Commerce Department by GMT 14.00 that the US manufacturing activity had contracted for the first time in more than three years

Trump warns China of tougher restrains if trade talks drag on

04-09-2019

On Tuesday, the 3rd of September 2019, US President Donald Trump appeared to be jawboned to ink a trade deal on US terms as he had raised alarms again over Beijing’s casual approach towards next round of trade talk

Oil drops 2% as weak manufacturing data feed on slowdown worries

04-09-2019

On Tuesday, the 3rd of September 2019, both US and Brent crude futures’ prices were jolted more than 2 per cent after softer manufacturing activity across the globe raised alarms of a global scale recession risk

Opponents of no-deal Brexit defeat Johnson, UK braces for snap election

04-09-2019

Later on, Tuesday, the 3rd of September 2019, UK lawmakers of opposition Labour Party alongside rebels of Conservative defeated Britain’s new leader Boris Johnson alongside his supporters of a no-deal Brexit by 328 to 301

Ukraine President plans land reform, mass-scale privatization

04-09-2019

Ukrainian President, Volodymyr Zelenskiy ordered his new government at a televised meeting with newly appointed Ukrainian PM Oleksiy Honcharuk sitting beside him to submit a draft legislation aimed at brewing a broad-based land market reform

Crisis moderates after Argentina restricts dollar purchase

04-09-2019

On Monday, the 2nd of September 2019, Argentina’s benchmark sovereign international 2028-dollar bonds fell by more than 2 cents to hit a new low of 36.5 cents, while the official and black-market pesos bifurcated

Italy’s budget deficit seen falling by 1.9% in 2019, 1.6% in 2020

04-09-2019

top officials of Italy’s finance administration had forecasted a budget deficit of 1.6 per cent of gross domestic product next year, while Italy’s budget deficit would likely to fall to 1.9 per cent of the nation’s GDP in 2019

Saudi names head of PIF as Aramco Chair as a decentralization push

03-09-2019

Saudi Arabia had named the head of Kingdom’s state-controlled wealth fund, widely known as PIF, Yasir al-Rumayyan as the new Chairman of Saudi’s state-controlled oil firm Aramco, replacing the nation’s energy minister

China files tariff case at WTO against United States

03-09-2019

On Monday, the 2nd of September 2019, fanning the flames of a tormenting trade war further, China had lodged a complaint against the US at the WTO (World Trade Organization),

Egypt says latest interest rate cut will save E£10-15 billion on budget

03-09-2019

Egyptian government had issued a statement saying that the recent interest rate cut of 150-basis point would likely to save as little as 15 billion Egyptian Pounds ($908 million) in the third-largest African nation’s public budget

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