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    Dollar hovers near two-month high amid economic, political risks

    Dollar hovers near two-month high amid economic, political risks

    28 Sep 2020

    The dollar hovered near a two-month peak against a basket of currencies on Monday as doubts about economic recovery persisted before a barrage of economic data and political developments...

    Gold falls on uptick in equities; Trump-Biden debate eyed

    Gold falls on uptick in equities; Trump-Biden debate eyed

    28 Sep 2020

    Gold fell on Monday as positive economic data from China provided a fillip to risk-sentiment, denting the appeal of the safe-haven metal ahead of the first presidential election debate...

    Asia shares mixed ahead of China holiday

    Asia shares mixed ahead of China holiday

    28 Sep 2020

    Asian shares were mixed in muted trading Monday, ahead of the first US presidential debate and a national holiday in China later in the week. Japan's benchmark Nikkei 225...

    Spain to revise 2020 GDP contraction forecast to 10%-11%

    Spain to revise 2020 GDP contraction forecast to 10%-11%

    28 Sep 2020

    The Spanish government plans to revise its forecast for economic contraction this year to between 10% and 11% from a previous 9.2% announced in May, news wire Europa Press...

    Oil slips as surge in virus cases clouds demand recovery

    Oil slips as surge in virus cases clouds demand recovery

    28 Sep 2020

    Oil prices dipped on Monday as rising coronavirus cases upset hopes for a smooth recovery in fuel demand, with the main crude benchmarks on track for their first monthly...

    India plans to offer $4.6 billion incentives for EV battery makers

    India plans to offer $4.6 billion incentives for EV battery makers

    27 Sep 2020

    India plans to offer $4.6 billion in incentives to companies setting up advanced battery manufacturing facilities as it seeks to promote the use of electric vehicles (EVs) and cut down...

    IMF raises flexible credit line for Colombia to about $17.2 billion

    IMF raises flexible credit line for Colombia to about $17.2 billion

    27 Sep 2020

    The International Monetary Fund (IMF) has raised by $6.5 billion a flexible credit line offered to Colombia to about $17.2 billion, aiming to help the country cope with the economic...

    SCCI reaffirms its commitment to bolster institutional performance

    SCCI reaffirms its commitment to bolster institutional performance

    26 Sep 2020

    Business Bureau, Gulf Today The Board of Directors of the Sharjah Chamber of Commerce & Industry (SCCI) lauded the directives of Sheikh Sultan Bin Mohammed Bin Sultan Al Qasimi,...

    Indian housing sector maintains robust outlook as demand rises

    Indian housing sector maintains robust outlook as demand rises

    26 Sep 2020

    V Nagarajan The Indian real estate sector has been experiencing continuous transformation since the turn of the century. This transition has been for the better and the accomplishments so...

    G7 backs extension of G20 debt freeze, calls for more reforms

    G7 backs extension of G20 debt freeze, calls for more reforms

    25 Sep 2020

    G7 finance ministers on Friday backed an extension of a G20 bilateral debt relief initiative for the world’s poorest countries, but said it must be revised to address shortcomings hindering...

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