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08 April 07:34 AM

Middle east news

8 March 2019 00:40 PM Chinese exports drop sharply in February
China on Friday posted a sharp decline in its exports during February, aggravating headwinds for the world's second biggest economy.
Global Reports
8 March 2019 00:08 PM Gold climbs on week US dollar, dark global economic outlook
Gold recovered on Friday as the US dollar retreated slightly, while jitters about a steep global economic slowdown, were heightened by soft Chinese figures.
Goods and Metals
8 March 2019 11:36 AM Oil drops on gloomy global economic outlook, surging US supply
Oil prices fell on Friday as pessimism mounted over the outlook for global economic growth, after the European Central Bank warned of extended slowdown.
Oil and Energy
7 March 2019 11:16 PM Oil rises 44 cents at Thursday’s settlement
Mubasher: Oil futures settled higher on Thursday on the back of OPEC-led supply cuts and the US sanctions against Venezuela and Iran
Oil and Energy
7 March 2019 10:07 PM Gold goes down on Thursday  
Mubasher: Gold settled lower at Thursday’s settlement, recording its lowest level in five weeks.
Global Economy
7 March 2019 09:54 PM SoftBank creates $5bn investment fund for Latin American startups
Mubasher: Japan’s SoftBank has launched $5 billion fund to support tech start-ups across Latin American countries.
Global Reports
7 March 2019 08:06 PM World’s wealthiest retail billionaires’ net worth nears $470bn–Report
Forbes published its list of the world’s 20 richest people, where the realm of retail brands alone boasted seven billionaires or 35% of the total.
Global Markets brief
7 March 2019 07:44 PM ECB lowers growth, inflation forecasts on trade, geopolitics concerns
The European Central Bank downgraded its growth outlook for the Eurozone in this year.
Global Markets brief
7 March 2019 06:59 PM 48 financial firms seek to relocate to Germany over Brexit
German regulators received a number of applications from financial companies in the UK, seeking to move their businesses to Germany.
Global Reports
7 March 2019 06:33 PM US natural gas storage declines as prices rise
US natural gas inventories fell by 149 billion cubic feet in the week ended 1 March, totalling 1,390 Bcf.
Global Reports
7 March 2019 06:04 PM Toyota hints withdrawal from UK over no-deal Brexit
Toyota warned that it could end its manufacturing operations in Britain, if the UK leaves the European Union on unfavourable terms.
Global Markets brief
7 March 2019 05:30 PM China FX reserves hit 6M high, allays capital outflow fears
China's foreign exchange reserves rose in February to their highest level in six months as hopes over the US-Sino negotiations shored up the yuan.
Global Markets brief
7 March 2019 04:52 PM Huawei lodges lawsuit against US gov’t over product ban
Chinese smartphone maker Huawei sued the US government on Thursday, citing an "unconstitutional" law which limited its US operations.
Global Markets brief
7 March 2019 04:42 PM US weekly jobless claims fall 3,000
US unemployment claims declined 3,000 week-on-week to 223,000 claims in the week ended 2 March, according to data released on Thursday.
Global Reports
7 March 2019 04:23 PM ECB maintains key interest rates unchanged
The European Central Bank on Thursday decided to keep its key interest rates on hold.
Global Reports
7 March 2019 04:03 PM US job cut plans shoot to 3.5-yr peak in February
The total number of the job cuts announced in the US during February was the biggest in more than three years and a half.
Global Markets brief
7 March 2019 01:37 PM Eurozone employment grows 0.3% in Q4, EU28 0.2%
Employment rate for the Eurozone rose 0.3% and 0.2% for the 28-member European Union (EU28) in the fourth quarter of last year.
Global Reports
7 March 2019 01:24 PM Eurozone GDP rises 0.2% in Q4, EU28 0.3%
Final estimates on Thursday showed that gross domestic product rose by 0.2% in the Eurozone and 0.3% in the 28-member European Union in Q4.
Global Markets brief
7 March 2019 00:20 PM Gold stabilises; dollar hovers near 2-week high before ECB meeting
Gold stabilised on Thursday as dollar approached its more than two-week high, but the safe-haven metal had some support from a lacklustre risk-taking appetite.
Global Markets brief
7 March 2019 11:51 AM UK house prices climb in February
House prices in the UK rose on an annual, quarterly and monthly basis for the first time since October 2018.
Global Markets brief
7 March 2019 11:12 AM Oil edges up on OPEC curbs, Iran, Venezuela sanctions
Oil went up on Thursday amid on-going efforts by the Organization of Petroleum Exporting Countries to reduce supply and US sanctions against Iran and Venezuela.
Global Markets brief
6 March 2019 11:12 PM Oil goes down at Wednesday’s settlement
Mubasher: Oil futures settled down on Wednesday on higher US crude inventories.
Oil and Energy
6 March 2019 10:39 PM Gold settles higher on Wednesday
​​​​​​​Mubasher: Gold grew at Wednesday’s settlement, after eight successive losses.
Goods and Metals
6 March 2019 06:50 PM Brexit talks reach impasse – European Commission
The Brexit negotiations in Brussels have hit a stalemate following late-night talks between UK ministers and the European Union's chief Brexit negotiator Michel Barnier.
Global Reports
6 March 2019 06:35 PM US crude stockpiles build as oil prices plunge
US crude oil inventories climbed by 7.1 million barrels to 452.9 million barrels in the week ended 1 March.
Global Markets brief