The mass protests in Hong Kong this week are likely to have limited short-term impact on the city’s economic outlook, and a potentially more serious one on its long-term prospects. While the demonstrations over the proposed extradition law are still at an early stage compared with the Occupy
The US-China trade war could trigger competitive currency devaluation across the globe and disrupt financial order, China’s former central bank governor Zhou Xiaochuan said on Friday. The global consensus of no competitive currency depreciation could be challenged if the dispute drags on
Masraf Al Rayan has announced that its stock split will be carried out after the end of trading session today. Upon the instructions from the Qatar Financial Markets Authority, the nominal value of all listed shares on the Qatar Stock Exchange will be QR1 per share.
The US has allowed Iraq to import Iranian gas for its power grid for another three months by extending a waiver to sanctions, but insists that Baghdad seek alternative sources. Iraq has had several extensions to the waiver first granted last year after Washington
Oil tanker owners face spiralling insurance costs to load cargoes from the world’s largest crude-export region after the latest round of attacks on vessels. War risk premiums that owners pay each time they go to the Gulf have now surged to at least $185,000 for supertankers
As Huawei Technologies Co comes under unrelenting pressure from the Trump administration, the Chinese telecom giant has one advantage that the US can’t undermine: a vast, global portfolio of patents on critical technology.
The Federal Open Market Committee meeting this week is shaping up as a pivotal one for Wall Street, with stocks primed for a selloff should the Fed fail to take an even more dovish tilt after policymakers raised expectations for a rate cut in recent weeks.
The International Monetary Fund (IMF) has proposed that the European Union improve transparency, regulatory oversight and insolvency rules in its proposals to create a capital market system to rival the United States, a senior IMF official said.
The pound could get respite from Brexit if the Bank of England sounds more hawkish this week yet its longer-term prospects still look grim. Sterling was one of the worst-performing major currencies in the past week after the race to become the next UK prime minister officially kicked off.
The European Central Bank is between a rock and a hard place and is struggling to achieve its inflation target of less than but close to 2%, QNB has said in an economic commentary. ECB “disappointed” markets by only extending its “forward guidance” by six months
Over the last five years, Qatari-US bilateral trade reached $26.7bn, and 84.5% of the trade balance, the equivalent of $22.6bn, is in favour of the US.