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Will landing be soft or 'chaotic' as Fed begins to stop rate hike cycle
In June 2006, the U.S. Federal Reserve raised interest rates for a 17th consecutive time but cushioned the increase with a strong signal that officials were ready to stop the tightening cycle.
Posted on : 2018-12-16 18:55:29
Ten years on, Fed's long, strange, trip to zero redefined central banking
Whatever the acronym, when the U.S. Federal Reserve dropped its policy rate to near zero on Dec. 16, 2008, to counter a full-scale economic crisis, it ushered in what the central bank's chairman at the time, Ben Bernanke, called "the end of the old regime."
Posted on : 2018-12-16 18:43:37
UAE president orders reshuffle of central bank's board of directors, governor to remain
The president of the United Arab Emirates has ordered a reshuffle of the central bank's board of directors, the state news agency said on Sunday.
Posted on : 2018-12-16 18:15:04
Germany plans to lower threshold for probes of foreign takeovers: Handelsblatt
Berlin plans to cut to 10 percent the threshold at which it can launch national security probes of stake purchases by non-European companies in German firms, business newspaper Handelsblatt reported on Sunday.
Posted on : 2018-12-16 17:45:44
Israel's tech sector faces challenge from shortage of workers
Israel is struggling to recruit enough workers to its technology sector, a report showed on Sunday, creating a challenge for an industry seen as the country's main potential driver of economic growth over the next decade.
Posted on : 2018-12-16 15:13:41
British government is not planning for second Brexit vote - minister
British education minister Damian Hinds said on Sunday the government was not planning for a second referendum, denying reports that ministers were looking at such a vote to break the deadlock over Brexit.
Posted on : 2018-12-16 15:12:00
Qatar Petroleum to invest $20 billion in U.S. in major expansion
Qatar Petroleum (QP) is looking to invest at least $20 billion in the United States over the coming few years, its chief executive told Reuters, after the Gulf Arab state quit OPEC, freeing Doha from potential legal risks in the United States.
Posted on : 2018-12-16 15:10:59
Saudi Arabia pledges Tunisia financial aid of about $830 million
Saudi Arabia has pledged financial aid to Tunisia worth about $830 million, Tunisian Prime Minister Youssef Chahed told reporters on Saturday after a visit to Saudi Arabia.
Posted on : 2018-12-15 23:40:36
Western tourists trickle into Saudi Arabia as it tries to open up
Western tourists, a rarity in Saudi Arabia, visited this weekend under a new visa system, as one of the world's most inaccessible countries tries to open up its society and diversify its economy away from oil.
Posted on : 2018-12-15 21:07:24
Wanda inks $1.7 billion 'red tourism' site in China's Communist heartland  
China's Wanda group has signed a deal to build a sprawling complex for patriotic tourists to visit a site where the ruling Communist Party's traces its revolutionary roots in northwestern Shaanxi province.
Posted on : 2018-12-15 20:48:15
Europe must fight illiberal forces, Draghi warns
The spread of illiberal ideology is threatening the euro but it is an illusion that leaving it would offer an easier path, European Central Bank President Mario Draghi said on Saturday.
Posted on : 2018-12-15 18:26:29
German railway Deutsche Bahn reaches wage agreement with union
German railway Deutsche Bahn said on Saturday that it had reached a wage agreement with the EVG union following a walkout earlier this week.
Posted on : 2018-12-15 17:34:58
Court clears way for reopening Vedanta copper smelter, Tamil Nadu government to appeal
An environment court set aside on Saturday the Tamil Nadu state government's order to close Vedanta's copper smelter plant permanently, taking the company closer to reopening its facility in southern India.
Posted on : 2018-12-15 15:24:15
Qatar's private sector grew almost 6 percent in 2018 despite oil price volatility
Qatar's private sector grew by almost 6 percent in 2018 despite volatile oil prices, its finance minister said on Saturday.
Posted on : 2018-12-15 15:22:30
Environment court sets aside Tamil Nadus government's order to shut down Vedanta copper smelter
An environment court set aside on Saturday the Tamil Nadu state government's order to close Vedanta's copper smelter plant permanently, taking the company closer to reopening its facility in southern India.
Posted on : 2018-12-15 14:09:26
Environment court sets aside Tamil Nadu government's order to shut down Vedanta smelter
An environment court set aside on Saturday the Tamil Nadu state government's order to close Vedanta's copper smelter plant permanently.
Posted on : 2018-12-15 14:02:15
Boeing opens first 737 plant in China amid U.S.-Sino trade war
Boeing Co opened its first 737 completion plant in China on Saturday, a strategic investment aimed at building a sales lead over arch-rival Airbus in one of the world's top travel markets that has been overshadowed by the U.S-China trade war.
Posted on : 2018-12-15 13:16:02
China's November home price growth slows as smaller cities cool
Growth in China's new home prices slowed in November as markets in smaller cities lost some of their heat, though the sector remained relatively resilient amid a broader slowdown in economic activity.
Posted on : 2018-12-15 10:27:34
Mexico loses 10-year WTO battle over U.S. tuna labelling
The United States won a legal battle over "dolphin safe" tuna-labelling on Friday, when the World Trade Organization's appeals judges dismissed Mexico's argument that the U.S. labelling rules violated WTO rules.
Posted on : 2018-12-15 09:19:18
Noble says to push forward with restructuring after Bermuda court order
Noble Group said on Friday it will take steps to complete its restructuring as soon as possible after a Bermuda court appointed an officer to facilitate the process.
Posted on : 2018-12-15 06:50:07
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