oil prices rise more than 1 as middle east conflict persists

Oil prices rise more than 1% as Middle East conflict persists

15:56 | 17/05/2019 Global Economy

Oil futures were up more than 1% on Thursday as tensions in the Middle East grew, with a Saudi-led coalition launching air strikes in retaliation for recent attacks on its crude infrastructure.
german economy fends off recession grows 04 percent in q1

German economy fends off recession, grows 0.4 percent in Q1

16:13 | 16/05/2019 Global Economy

The German economy received a welcome impetus on Wednesday with the announcement that the country's gross domestic product grew by 0.4% in the first quarter of 2019.
china announces tariff increase on us goods China announces tariff increase on US goods

10:15 | 15/05/2019 Global Economy

Reuters and Xinhua have cited China's Ministry of Finance as saying China will raise tariffs on US imports, worth US$60 billion, from June 1.
trump to china trade deal now or it will be far worse after 2020 Trump to China: Trade deal now or it will be 'far worse' after 2020

14:08 | 13/05/2019 Global Economy

President Donald Trump warned China on Saturday that it should strike a trade deal with the U.S. now, otherwise an agreement would be "far worse for them if it has to be negotiated in my second term."
toyota panasonic to set up company for connected homes Toyota, Panasonic to set up company for 'connected' homes

15:03 | 10/05/2019 Global Economy

Japan’s Toyota Motor Corp and Panasonic Corp said they plan to establish a joint company to develop “connected” services to be used in homes and urban development.
thailand develops railway to boost economic development Thailand develops railway to boost economic development

10:27 | 09/05/2019 Global Economy

Thailand plans to revive a railway line that has been disused for more than 20 years between it and Malaysia to increase connectivity between the two countries.
us to raise tariffs on 200 billion of chinese goods up to 25 percent US to raise tariffs on $200 billion of Chinese goods up to 25 percent

10:35 | 08/05/2019 Global Economy

In announcing the tariff hike, US President Donald Trump complained that trade talks with China were moving "too slowly." The tariff increases on $200 billion of Chinese goods are set to start by the end of the week.
india gets prepared for impact of waiver end from us sanctions on iranian oil import India gets prepared for impact of waiver end from US sanctions on Iranian oil import

10:28 | 07/05/2019 Global Economy

India's foreign ministry on May 3 said New Delhi was prepared to deal with the impact of the end of waivers from US sanctions on oil import from Iran.
world bank and egypt sign us 200 million agreement to support reforms World Bank and Egypt sign US$200 million agreement to support reforms

14:10 | 06/05/2019 Global Economy

World Bank and Egypt sign US$200 Million agreement to promote small businesses and spur job creation for women and young people.
asean3 discuss cooperation in response to financial crises ASEAN+3 discuss cooperation in response to financial crises

08:28 | 05/05/2019 Global Economy

Finance chiefs of the 10 ASEAN nations and Japan, China, and the Republic of Korea (ASEAN+3) met in Fiji on May 2 to discuss the enhancement of cooperation in times of financial crisis, including expanding the currency swap agreement between them.
iran oil exports could drop as low as 200000 bpd in may Iran oil exports ‘could drop as low as 200,000 bpd in May’

15:00 | 04/05/2019 Global Economy

Iranian oil exports will slide in May as the United States tightens the screws on Tehran’s main source of income, industry sources said, deepening global supply losses caused by US sanctions on Venezuela and OPEC-led cuts.
china april factory growth unexpectedly slows as economy struggles for traction China April factory growth unexpectedly slows as economy struggles for traction

10:09 | 03/05/2019 Global Economy

Factory activity in China expanded for a second straight month in April but at a much slower pace than expected, an official survey showed on Tuesday. 
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