Global Reports

18 minutes ago US import prices record largest rise since 5M

The costs of the US import rose in October, helped mainly by a surge in gas prices, data released on Thursday showed.

Global Reports

26 minutes ago Credit conditions negative for Africa, mixed for ME - Moody's

Moody's expects Turkey to have significantly slower economic activity than before

Global Reports

38 minutes ago US weekly jobless claims rise 2,000

US unemployment claims rose 2,000 week-on-week to 216,000 claims in the week ended 10 November, data released on Thursday revealed.

Global Reports

49 minutes ago US retail sales rise 0.8% in October

Advance estimates indicated that US retailers saw a month-on-month sales growth in October, signalling that the strength of the country's economy sustained its strength.

Global Markets brief

1 hour ago Philippines hikes interest rate for 5th time to curb inflation

The Philippine central bank raised its key interest rate for a fifth consecutive meeting to the highest level since 2009, to rein in inflation.

Global Reports

2 hours ago Beijing outlines potential trade concessions to Washington – Report

Chinese officials have outlined possible concessions to the US administration as they continue to seek a resolution to the trade conflict.

Global Reports

3 hours ago UK Brexit minister, 3 others quit over draft divorce deal

Brexit Secretary Dominic Raab resigned along with three other ministers over UK Prime Minister Theresa May's handling of Brexit, sending the pound tumbling.

Global Reports

3 hours ago Henkel sales climb 1.1% in Q3, backs full-yr outlook

Henkel on Thursday posted a 1.1% year-on-year sales growth in the third quarter of 2018, driven by strong performance in its adhesives technologies business.

Global Reports

4 hours ago Updated UK retail sales dip 0.5% in October

Retail sales in the UK declined 0.5% month-on-month in October, the Office for National Statistics (ONS) said on Thursday.

Global Reports

4 hours ago Uber incurs $1bn losses in Q3 ahead of IPO

Uber Technologies Inc posted a loss of $1.07 billion during the third quarter of 2018, up from $891 million in Q3-17.

Global Reports

4 hours ago EU car sales fall in October on new emissions tests

Sales of new cars across the EU continued to decline in October after the introduction of new emissions tests over the summer period.

Global Reports

4 hours ago Eurozone trade surplus shrinks in September

Eurozone trade balance surplus came in at EUR 13.1 billion in September, down from EUR 25.3 billion in the same month last year.

Global Markets brief

12:14 PM China’s FDI rises 7.3% in October

Foreign direct investment in China rose 7.3% year-on-year in October, registering $9.7 billion, the Ministry of Commerce said on Thursday.

Global Markets brief

12:06 PM US economy remains strong but faces challenges – Fed head

Federal Reserve Chairman Jerome Powell said the US economy remained resilient, but it could face headwinds next year.

Global Markets brief

11:21 AM UK gov’t approves draft Brexit deal

UK Prime Minister Theresa May announced that the cabinet agreed to a draft deal on the country's departure from the European Union.

Global Markets brief

11:19 AM Oil falls early Thursday on oversupply fears, dim economic outlook

Oil dipped earlier on Thursday amid concerns that rising supply would go into a market where demand growth would lose momentum as economic outlook dimmed.

Global Markets brief

14 November 09:30 PM Growth in UK facing Brexit risks - IMF

The post-referendum depreciation caused an increase in inflation and depressing private consumption

Global Reports

14 November 06:37 PM C.banks need to weigh issuing cryptocurrency – IMF head

International Monetary Fund managing director Christine Lagarde said that central banks across the world should consider issuing digital currencies.

Global Reports

14 November 05:45 PM Ford, Walmart partner to design driverless vehicle delivery service

Ford would team up with Walmart and online delivery service Postmates to test a service for delivering goods like groceries that could use driverless vehicles

Global Markets brief

14 November 05:08 PM US inflation inches up 0.3% in October

The US consumer price index increased 0.2% in October after rising 0.1% in September, data released on Wednesday showed.

Global Markets brief

14 November 04:33 PM IEA hails market surplus return after OPEC output hike

The International Energy Agency welcomed the crude market's return to surplus as an output hike by the Organization of Petroleum Exporting Countries expands global inventories.

Global Markets brief

14 November 03:51 PM Italy to stick to high-spending budget plans; defies EC

The Italian government said it would stick to its budget plans, defying calls by the European Commission to revise its high-spending budget.

Global Reports

14 November 03:01 PM EBRD to boost Central Asia investment cooperation with China, EU

The European Bank for Reconstruction and Development looks to boost its cooperation with China and the European Union to deliver increased high-quality investment levels.

Global Markets brief

14 November 02:19 PM OPEC, allies mull oil 1.4m bpd supply cut – report

The Organization of Petroleum Exporting Countries and its partners are considering a proposal to lower oil production by up to 1.4 million barrels per day.

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