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South Korea holds interest rates

South Korea holds interest rates

South Korea’s central bank kept monetary policy steady yesterday for a seventh straight meeting, as it assessed new signs of softness in the economy and the potential fallout from global trade frictions.

Woodside eyeing Browse gas project deal in 2020

Woodside eyeing Browse gas project deal in 2020

Woodside Petroleum Ltd yesterday said it was aiming to bring forward the target date for approving the mammoth Browse gas project off northwest Australia by a year to 2020, with the $15bn cost estimate potentially being pared.

US energy exports to China plummet as Trump trade war bites

US energy exports to China plummet as Trump trade war bites

It’s probably not the kind of success US President Donald Trump had in mind, but his trade dispute with China has effectively killed off the burgeoning energy trade between the world’s two biggest economies.

Japan exports fall for first time since 2016 in Sept

Japan exports fall for first time since 2016 in Sept

Japan’s exports fell in September for the first time since 2016 as shipments to the United States and China declined, likely impeding third quarter economic growth and adding to concerns about the broadening impact of an escalating Sino-US trade war.

Turkish budget sets out goal of economic rebalancing for 2019

Turkish budget sets out goal of economic rebalancing for 2019

Turkish President Recep Tayyip Erdogan signed off on a proposed 2019 budget that promises to help the Middle East’s largest economy regain balance and financial stability while curbing consumer inflation.

Khashoggi saga is deepening the enigma of Saudi ‘black-box’ stocks

Khashoggi saga is deepening the enigma of Saudi ‘black-box’ stocks

A slump in stocks followed by an unexplained rebound. A bond market that appeared to be driven by an entirely different narrative. And at the end of it all, a gauge of volatility at its highest in almost three years.

Crisis could hinder Saudi economic overhaul: S&P

Crisis could hinder Saudi economic overhaul: S&P

A Saudi man walks past the logo of Vision 2030 in Jeddah (file).

Doha Bank leaves worst provisions behind as profit tops estimate

Doha Bank leaves worst provisions behind as profit tops estimate

Doha Bank, whose quarterly profit beat estimates, has left the worst of bad loans behind as it seeks to scale up investments, its chief executive officer has said.

Goldman lifts its LNG price outlook 50% on China’s one-two punch

Goldman lifts its LNG price outlook 50% on China’s one-two punch

Goldman Sachs Group Inc jacked up its spot LNG forecast after the market was hit by China’s double blow of boosting demand for gas while lifting prices of the fuel’s main competitor coal by limiting mine output.

Novartis in deal to buy Endocyte for $2.1bn

Novartis in deal to buy Endocyte for $2.1bn

Novartis AG agreed to buy US drug maker Endocyte Inc for $2.1bn, snapping up a potential blockbuster therapy for prostate cancer as the Swiss pharmaceutical giant broadens its arsenal against tumours.

At Facebook, public funds join push to remove Zuckerberg as chairman

At Facebook, public funds join push to remove Zuckerberg as chairman

Four major US public funds that hold shares in Facebook Inc on Wednesday proposed removing chief executive officer Mark Zuckerberg as chairman following several high-profile scandals and said they hoped to gain backing from larger asset managers.

The dirt on clean electric cars is just under the hood

The dirt on clean electric cars is just under the hood

New research shows some drivers might spew out less CO2 with a diesel engine

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