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19 October 10:33 PM

Global Reports

18 October 05:58 PM IMF warns against mounting risks to Asia’s growth outlooks
Mubasher: The International Monetary Fund warned Asian economies are facing elevated risks to their growth outlooks.
Global Reports
18 October 05:11 PM Asda secures $4.9bn buy-in with insurer Rothesay Life
Mubasher: Asda announced a GBP 3.8 billion “buy-in” with Rothesay Life to secure the benefits for 12,300 members of one of its pension plans.
Global Markets brief
18 October 04:42 PM European bailout fund’s head rules out another 2009 crisis
Mubasher: The Eurozone has worked hard to ensure that the region is well-prepared to deal with any incoming financial shocks.
Global Markets brief
18 October 04:09 PM Coca-Cola posts solid Q3 revenue on growing healthier drink sales
Mubasher: Coca-Cola on Friday reported third-quarter revenue that beat analysts’ forecasts led by healthier options such as Zero Sugar soda.
Global Reports
18 October 03:14 PM EU rubber-stamps Christine Lagarde to take ECB’s helm
Mubasher: European Union leaders on Friday approved the appointment of Christine Lagarde as the next head of the European Central Bank.
Global Reports
18 October 03:01 PM China’s fixed-asset investment retreats slightly in 9M to September
Mubasher: China's fixed-asset investment grew slightly slower over the first three quarters of this year, but it maintained a steadily pace, driven by high-tech investments.
Global Reports
18 October 02:32 PM Gold slips on profit-booking, growth, trade anxieties limit losses
Mubasher: Gold prices declined on Friday as investors locked in profits after the European Union and the UK clinched a new Brexit deal.
Global Reports
18 October 02:10 PM Goldman Sachs raises Brexit odds to 65%
Mubasher: Goldman Sachs said it raised the chance of reaching a Brexit deal to 65% from 60%.
Global Markets brief
18 October 01:48 PM China’s refinery throughputs hit fresh peak in September
Mubasher: China's crude oil refinery runs hit a record peak, climbing by 9.4% year-on-year in September.
Global Reports
18 October 12:34 PM Oil declines early Friday on weak China GDP figures
Mubasher: Oil prices declined earlier on Friday amid demand worries raised by figures showing the weakest economic growth of China since almost three decades.
Oil and Energy
18 October 11:38 AM Eurozone current account surplus grows in August
Mubasher: The Eurozone’s current account surplus grew in August compared with July, but it shrank over the 12-month period ended the reported month.
Global Reports
18 October 11:30 AM China’s industrial growth picks up in September
Mubasher: Chinese industrial output growth accelerated in September from its slowest pace in 17 years and a half during August.
Global Reports
18 October 10:47 AM Chinese economy slows down further in Q3
Mubasher: Chinese economic growth in the third quarter of this year lost further steam, amid the trade tensions with the US.
Global Markets brief
17 October 06:17 PM Volvo Cars to cut carbon footprint by 40% per car
Mubasher: Volvo Cars revealed its ambitious plan to cut its carbon footprint by 40% per car between 2018 and 2025.
Global Reports
17 October 06:07 PM US oil stockpiles surge in mid-October as futures drop
Mubasher: US crude oil stockpiles climbed by 9.3 million barrels to 434.9 million barrels in the week ended 11 October, the Energy Information Administration said.
Global Markets brief
17 October 05:32 PM US natural gas stockpiles jump as futures surge
Mubasher: US natural gas storage climbed by 104 billion cubic feet in the week ended 11 October, to a total of 3,519 Bcf.
Oil and Energy
17 October 05:20 PM Morgan Stanley profit rises 3% in Q3
Mubasher: Morgan Stanley on Thursday reported that its net income rose by almost 3% year-on-year in the third quarter of this year.
Global Reports
17 October 04:50 PM US industrial output posts decline in September on manufacturing downturn
Mubasher: US industrial production shrank in September for the second time in three months, driven by a manufacturing downturn, official data showed on Thursday.
Global Markets brief
17 October 04:27 PM US initial jobless claims rise in mid-October
Mubasher: The number of unemployed individuals applying for benefits rose last week, official weekly report showed on Thursday.
Global Markets brief
17 October 04:10 PM US private housing permits fall in September
Mubasher: Privately-owned housing units authorised under building permits fell to a seasonally adjusted annual rate of 1.387 million.
Global Markets brief
17 October 03:48 PM US Mid-Atlantic business growth slowdown continues in October
Mubasher: The Philadelphia Federal Reserve on Thursday said that its gauge on the US Mid-Atlantic business activity revealed a further expansion slowdown.
Global Markets brief
17 October 03:08 PM China’s overseas direct investment grows 3.8% in 9M
Mubasher: Official data showed that China's non-financial outbound direct investment grew by 3.8% year-on-year in the first three quarters of this year.
Global Reports
17 October 02:11 PM UK eyes free post-Brexit trade pact with EU – Commission
Global Markets brief
17 October 01:52 PM UK, EU clinch new Brexit deal; Johnson heads to Brussels
Mubasher: UK Prime Minister Boris Johnson and European Commission President Jean-Claude Juncker on Thursday said that an agreement was reached on a new withdrawal deal.
Global Markets brief
17 October 12:55 PM Oil falls on climbing US crude inventories
Mubasher: Oil prices dropped on Thursday after industry figures showed a bigger-than-expected rise in the US crude inventories, according to Reuters.
Global Reports