Economy
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Formula E Championship launches in Saudi Arabia’s Diriyah
The ABB FIA Formula E Championship 2019/20 season launched on Friday in Saudi Arabia’s Diriyah, with British driver Simon Bird…
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Pakistan’s central bank holds key interest rate at 13.25 pct
Pakistan’s central bank held its main policy rate at 13.25 percent on Friday, taking a second consecutive pause from a…
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China’s Xi says Beijing wants trade deal, can ‘fight back’
Chinese President Xi Jinping said Friday that Beijing wants to work for a trade deal with the United States but…
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Jordan won’t impose new taxes in new 2020 budget: Finance minister
Jordan will not impose new taxes in its proposed 2010 budget but will seek other means including a crackdown on…
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Emirates NBD raises $1.76 bln in an oversubscribed rights issue
Emirates NBD Bank, Dubai’s largest lender, raised 6.45 billion dirhams ($1.76 billion) by issuing new shares after the capital call…
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China needs to ensure policies boost economy: Premier Li
China needs to make better use of its various policy tools to boost the economy, Premier Li Keqiang said on…
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China says will strive to reach phase one trade deal with US
China will strive to reach a “phase one” trade deal with the United States as both sides keep communication channels…
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E-commerce giant Alibaba raises $11 billion in share listing
The Chinese e-commerce giant Alibaba has raised at least $11 billion in a share offering in Hong Kong, netting the…
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Saudi king blames Iran for ‘chaos’, calls for global response
Saudi Arabia’s King Salman bin Abdulaziz al-Saud struck a defiant note against the kingdom’s enemies, saying missile and drone attacks…
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Japan’s exports drop the most in three years as trade war hits
Japan’s exports tumbled at their quickest pace in three years in October, threatening to tip the trade-reliant economy into recession…
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