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23 June 10:42 PM

Latest News

59 minutes ago Ethiopia shocked by attack on PM rally
Abiy described the attack as an unsuccessful attempt by forces who do not want to see Ethiopia united
Global Reports
1 hour ago Honda launches new solar energy instalment in US
Honda launched on Friday a switch to a new solar energy system at the American Honda Motor Company in California
Oil and Energy
2 hours ago Tunisia raises fuel prices for 3rd time this year
Fuel prices in Tunisia has been raised on Friday by 4%
Oil and Energy
4 hours ago Saudi Arabia invites Russia to join OPEC
Saudi energy minister Khalid Al-Falih invited Russia to join the Organization of the Petroleum Exporting Countries (OPEC) as an observer
Global Reports
12:17 AM Oil prices end week in gains
Oil prices surged by more than 4% on Friday
Oil and Energy
22 June 11:28 PM Gold narrows its weekly losses
Gold prices settled on Friday at a higher note, but registered weekly losses
Goods and Metals
22 June 10:14 PM China could target America’s big 30
China could target American companies in part of retaliation against the tariffs imposed by the Trump Administration
Global Reports
22 June 07:19 PM North, South Korea agree cross-border family reunions
North and South Korea on Friday agreed to resume reunions for families separated after the decades-long Korean War sealed the borders between the countries.
Global Markets brief
22 June 07:00 PM Lebanon’s economy to grow 2.5% in 2018 - Moody's
Public debt problem still posing a major challenge
Global Reports
22 June 06:39 PM OPEC agrees to raise output by undisclosed amount
Members of the Organization of Petroleum Exporting Countries (OPEC) on Friday announced that they agreed on ramping up their oil production, easing their supply curbs.
Global Reports
22 June 06:31 PM IMF praises ECB commitment to policy
The Highly rated euro-denominated debt securities are likely to become increasingly scarce
Global Reports
22 June 05:47 PM Eurozone’s growth challenged by risks
Global and domestic risks are rising, including escalating trade tensions, policy complacency among member states, and political shocks
Currencies
22 June 05:44 PM Blackberry Q1 profits, revenues beat forecasts
Blackberry on Friday posted its profits and revenues in the first quarter that came beyond analysts’ expectations on the back of software high growth
Global Reports
22 June 03:54 PM Iran hints ‘cooking’ deal to hike OPEC output
Meeting between members of the Organization of Petroleum Exporting Countries (OPEC) on Friday seemed to result in an agreement on ramping up oil supply.
Global Markets brief
22 June 02:11 PM Eurozone agrees plan to end Greece’s bailout
Eurozone finance ministers on Friday agreed on debt relief for Greece and a large cash payout as part of a broad bailout programme exit deal.
Global Reports
22 June 12:26 PM Eurozone business growth rebounds in June
Flash estimates for the Eurozone showed that business activity growth gained momentum in June.
Global Reports
22 June 11:37 AM Germany's private sector growth improves in June
Germany’s private sector slightly picked up steam in June from 20-month low pace in the previous month, driven by resilient demand in the service sector.
Global Markets brief
22 June 10:56 AM Oil rises on uncertainty over OPEC meeting, trade dispute
Oil climbed on early Friday, driven by uncertainty as to whether OPEC members would agree on increasing production at their meeting later in the day.
Oil and Energy
21 June 11:40 PM Mexico raises interest rates 0.25%
The Central Bank of Mexico decided on Thursday to raise its main interest rate in order to combat the depreciation of the local currency
Global Reports
21 June 11:32 PM Oil falls as OPEC set to raise production
Saudi Arabia and Russia are supporting the moves to increase production
Oil and Energy
21 June 11:25 PM Gold prices down for 3rd day in row
Gold prices declined for the third consecutive day, and ended Thursday’s trade on a lower note despite a decline in the US dollar
Goods and Metals
Photo Archive
21 June 08:33 PM Investcorp examines credit market landscape, opportunities
Mubasher: Investcorp released on Thursday a white paper on the six credit-related strategies that may help deliver value in today’s market environment, under the title “Opportunities in Credit”. The research paper examines United States …
Macroeconomics
21 June 06:50 PM Eurozone, EU consumer confidence falls in June
Consumer confidence in both the Eurozone and European Union (EU) dipped in June, the preliminary estimates revealed on Thursday.
Global Markets brief
21 June 06:15 PM US house prices grow in April below forecasts
US house prices increased in April, seasonally adjusted data by the Federal Housing Finance Agency (FHFA) showed on Thursday.
Global Markets brief
21 June 05:41 PM US natural gas storage, prices rise
Mubasher: The US Energy Information Administration (EIA) reported that the country’s natural gas storage rose by 91 billion cubic feet (Bcf) last week.
Oil and Energy