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Thyssenkrupp’s new chief scrapped the German industrial group’s dividend, warned of deeper losses and asked investors for yet more patience over its turnaround, sending shares in the conglomerate down as...
Pakistan’s central bank (CB) kept its main interest rate at 13.25 per cent, having recently stopped hiking rates as data on the economy has begun to show that inflation is...
Japan’s annual core consumer inflation ticked up only marginally in October despite the boost from a sales tax hike during the month, suggesting weak household sentiment is keeping companies from...
Strong German exports to the United States helped Europe’s largest economy to avoid a recession in the third quarter, a data showed on Friday, as companies benefitted from a weaker...
Dubai has every reason to feel on top of the world. The roaring success of the latest edition of the Dubai Airshow proves that the mega event is a perfect...
K. Yatish Rajawat, Indo-Asian News Service Since India rejected RCEP (Regional Comprehensive Economic Partnership) with ASEAN and six other countries, most commentators have focused on reasons for exit. The...
The Organisation for Economic Co-operation and Development (OECD) trimmed its outlook for the global economy on Thursday, saying the world was headed for its weakest economic growth since the 2007-2008...
Imran Mojib, Special Correspondent The UAE and Nepal share decades old diplomatic ties but the two countries have not yet achieved the optimum advantage, the bilateral relations offer to investors,...
A sharp fall in import of petroleum products reduced India’s October merchandise trade deficit to $11.01 billion from $18 billion reported for the corresponding period of 2018. Similarly, global slowdown...
Ratings agency ICRA expects India’s growth rate to further slowdown to 4.7 per cent in second quarter of FY2020, due to weak industrial output. Accordingly, the ratings agency expects a...