eu slaps tariffs on us as trade war erupts EU slaps tariffs on US as trade war erupts

14:08 | 25/06/2018 Global Economy

The European Union slapped revenge tariffs on iconic US products including bourbon, jeans and motorcycles on Friday (Jun 22) in its opening salvo in a trade war with President Donald Trump.
imf executive board approves us 50 billion loan for argentina IMF Executive Board approves US$50 billion loan for Argentina

10:20 | 22/06/2018 Global Economy

The Executive Board of the International Monetary Fund has approved a three-year, US$50 billion stand-by arrangement for Argentina.
south korea japan halt imports of canadian wheat South Korea, Japan halt imports of Canadian wheat

10:35 | 21/06/2018 Global Economy

South Korea announced on June 18 that it has suspended imports of wheat and flour from Canada after Canadian officials revealed last week the discovery of genetically modified wheat in southern Alberta.
lao economy grows robustly but with public debt risk wb Lao economy grows robustly, but with public debt risk: WB

10:38 | 20/06/2018 Global Economy

Economic growth in Laos has seen robust expansion compared to regional peers but the country is still at risk due to high public debt, with growth in the share of debt on less concessional terms, according to a report of the World Bank (WB).
vietnam prices ease from multi year highs india rice rates nudge up Vietnam prices ease from multi-year highs, India rice rates nudge up

11:04 | 19/06/2018 Global Economy

Rates for India’s 5 percent broken parboiled variety rose by US$5 to US$398-US$402 per tonne this week, after hitting the lowest level for the year last week due to sluggish demand from neighboring Bangladesh.
iran to provide us 7 billion for oil projects internally Iran to provide US$7 billion for oil projects internally

16:05 | 18/06/2018 Global Economy

Iran says a plan is on agenda to attract funds from domestic resources to maintain production at the country’s key oil fields. 
us fed raises interest rates for second time this year US Fed raises interest rates for second time this year

15:33 | 15/06/2018 Global Economy

The US Federal Reserve on June 13 raised short-term interest rates by a quarter of a percentage point, its second rate hike this year and the seventh since late 2015.
japan enacts law to ratify cptpp Japan enacts law to ratify CPTPP

10:00 | 14/06/2018 Global Economy

The Japanese Diet on June 13 enacted a law to ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), moving a step closer to complete domestic procedures, according to Kyodo news.
opec sees considerable uncertainty in oil market OPEC sees 'considerable uncertainty' in oil market

14:10 | 13/06/2018 Global Economy

After months of sharp oil price rises there is now considerable uncertainty as to the market's direction for the rest of the year, OPEC said on Jun 12 as a key meeting of oil producers looms.
citigroup warns banking jobs could be replaced by machines Citigroup warns banking jobs could be replaced by machines

14:46 | 12/06/2018 Global Economy

Citigroup’s investment bank has warned 20,000 technology and operations jobs will go in the next five years, as machines displace humans.
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