Jordan news

4 hours ago Oil inches up, down 2.5% for the week
Crude prices was supported by renewed trade talks between the United States and China
4 hours ago Gold down for 6th week in row
A slip by the US dollar helped the yellow metal rise on the last trading day of the week
17 August 07:19 PM US dollar declines as Beijing, Washington set for trade talks
US dollar declined against a basket of currencies on Friday driven by lower demand for safe-haven among investors.
17 August 06:31 PM 324 Indians killed in worst flood in 100 years
At least 324 people have lost their lives in flooding in the southern Indian state of Kerala, according to the state Chief Minister Pinarayi Vijayan.
17 August 05:47 PM Challenges remain for Greece as bailout exit approaches
As Greece leaves the last of its three bailouts on 20 August after an almost nine-year debt crisis, the embattled country still faces challenges.
17 August 05:29 PM Updated US consumer confidence dips to 11M low in August
Initial data released by the University of Michigan indicated that the US consumer confidence slipped in early August to its lowest level since last September.
17 August 04:50 PM China punishes major credit ratings agency
Chinese securities regulator and a supervisory entity under the People's Bank of China (PBOC) punished Dagong Global Credit Rating.
17 August 04:21 PM Turkish court dismisses appeal for US pastor release
A Turkish court rejected an appeal to release US evangelical pastor Andrew Brunson from house arrest, broadcaster Habertürk said on Friday.
17 August 04:04 PM Trump demands SEC to study 6M corporate reporting vs. 3M
US President Donald Trump asked Securities and Exchange Commission to consider moving financial reporting for publicly traded to a six-month basis.
17 August 03:41 PM Germany eyes relaxing immigration laws to reduce labour shortage
Germany would decide on a proposal to facilitate the movement of skilled workers from outside the European Union to fill in jobs in the country.
17 August 03:01 PM Turkey to keep credit channels open to evade ‘economic attacks’
Turkish Treasury and Finance Ministry on Friday announced a raft of measures to ease the local credit market and relieve banks and real economy.
17 August 02:25 PM Turkish lira plunges over 6% on further US sanctions threat
The Turkish lira (TRY) on Friday weakened over 6% against the US dollar, after Washington threatened Ankara with further economic sanctions.
17 August 12:24 PM Updated Eurozone annual inflation rises 2.1% in July, EU 2.2%
The final estimates confirmed that the Eurozone annual inflation rose to 2.1% in July, from 2% in June, according to official data released on Friday.
17 August 12:01 PM Chinese army ‘likely training’ for attacking US targets - Pentagon
Chinese bomber operations were being extended in recent years by Chinese military which seemed to be “training for strikes” against the US and its allies.
17 August 11:16 AM Eurozone current account surplus stabilises in June
The Eurozone's current account surplus was unchanged last June from May, but it recorded a gain on over the 12-month period preceding the reported
17 August 11:04 AM Oil falls early Friday amid global demand outlook concerns
Oil prices inched down earlier on Friday amid mounting worries about a slowdown in the world's economic growth which would curtail petroleum demand.
17 August 12:26 AM Oil records first gains in 4 days
Nymex futures for September delivery increased by 0.7%
17 August 12:19 AM Gold settles slightly lower as USD remains strong
Gold was briefly supported by a slight decline in the USD
16 August 06:47 PM US punishes Chinese, Russian entities on violating North Korea sanctions
US imposed sanctions on Russian port service agency and Chinese companies for facilitating alcohol and tobacco shipments to North Korea.
16 August 05:58 PM Cisco quarterly profit jumps 57%
Cisco Systems reported a 57% year-on-year surge in net income during its fourth fiscal quarter of 2018, while revenue rose 6%.
16 August 05:37 PM US natural gas storage rises; prices drop
The US natural gas storage rose by 33 billion cubic feet (Bcf) the week ended 10 August, reaching a total of 2,387 Bcf.
16 August 05:03 PM Tight supply, global concern restrain oil prices
Oil prices traded within a tight range in July and August
16 August 04:13 PM US jobless weekly claims break 3 straight rises mid-August
US jobless claims fell 2,000 week-on-week to 212,000 claims in the week ended 11 August, for the first time in three weeks.
16 August 03:48 PM US private housing starts rise 0.9% in July
The US Census Bureau and the US Department of Housing along with the Urban Development announced July residential construction statistics on Thursday.
16 August 03:26 PM Turkey must stick to support stability - IMF
Turkey has to adhere to wise economic policies to maintain stability and curb imbalances amid erratic market.