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    China’s central bank extends $39.8 billion to some lenders

    25 Apr 2019

    China’s central bank extended 267.4 billion yuan ($39.8 billion) to some commercial banks on Wednesday via its targeted medium-term lending facility (TMLF) as it looks to provide struggling smaller business with a steady stream of affordable financing.

    Australian inflation slows sharply, case builds for early rate cut

    25 Apr 2019

    Australian inflation slowed sharply last quarter to the lowest in three years on weak petrol prices and a stubborn lack of wage pressure, a disappointingly weak outcome that ticks one of the boxes for an interest rate cut perhaps as soon as May.

    Volvo profit tops forecast in Q1

    25 Apr 2019

    Truckmaker AB Volvo beat first-quarter profit forecasts on Wednesday as it sold more higher priced vehicles and margins benefited from an easing of supply chain bottlenecks for components such as engines and gear boxes.

    Nasdaq hits record, S&P nears all-time high on upbeat earnings

    25 Apr 2019

    The S&P 500 moved closer to its all-time high on Wednesday, while technology stocks nudged the Nasdaq to a record level, as investors took heart from a largely upbeat earnings season.

    ECI teams up with Sharjah Chamber

    25 Apr 2019

    Etihad Credit Insurance (ECI), the UAE Federal credit insurance company, has signed a Memorandum of Understanding (MoU) with Sharjah Chamber of Commerce and Industry (SCCI) to support the non-oil sectors, especially the thriving manufacturing sector as well as Sharjah-based SMEs and exporters.

    UAE to strengthen ties with Italy

    14 Jun 2019

    Following the UAE Ministry of Finance’s efforts to strengthen cooperation with EU member states, Obaid Humaid Al Tayer, Minister of State for Financial Affairs met with Giovanni Tria, Minister of Finance of Italy during the Ministry’s visit to the Duchy of Luxembourg.

    World trade is projected to grow 2.6 per cent in 2019: WTO

    06 Jun 2019

    Mounting trade tensions, an increase in trade-restrictive measures and continuing economic uncertainty created real challenges for world trade in 2018,

    China’s factory activity shrinks as US tariffs, slowdown hit orders

    30 Jun 2019

    China’s factory activity shrank more than expected in June, an official manufacturing survey showed, highlighting the need for more economic stimulus as US tariffs and weaker domestic demand ramped up pressure on new orders for goods.

    China’s tough rhetoric leaves trade talks with US in limbo

    18 May 2019

    China struck a more aggressive tone in its trade war with the United States on Friday, suggesting a resumption of talks between the world’s two largest economies would be meaningless unless Washington changed course.

    UAE, Bangladesh promote food ties

    20 Jun 2019

    The Prime Minister of Bangladesh Sheikh Hasina and the UAE Minister of State for Food Security Mariam Hareb Almheiri have discussed ways to boost bilateral cooperation in the areas of research and development, capacity-building,

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