Asia’s economies will charge ahead in coming decades, boosting their collective share of trade and capital flows while showing less reliance on the rest of the world, according to a report by McKinsey Global Institute released yesterday.
The European Central Bank’s latest offer of free cash to lenders attracted little interest yesterday, in a sign of just how much liquidity is already sloshing around the financial system.
The number of Americans filing applications for unemployment increased less than expected last week, pointing to strong labour market conditions that should continue to support an economy growing at a moderate pace.
The record-breaking rally for European government bonds is facing a major test, as euro-area nations turn to fiscal stimulus in the fight to revive the region’s struggling economy.
China’s economic growth risks slipping below the lower-end of Beijing 2019 target of 6% in the third quarter or over the next year, analysts warn, but government economists are slightly more optimistic as they expect stimulus to help stave off a sharper slowdown.
Saudi Arabia’s pledge to fulfil all commitments to oil buyers after a strike on the giant processing plant at Abqaiq means the world’s largest crude exporter must continue to draw heavily on its inventories until production capacity returns.
Not everyone agrees that interest-rate cuts are warranted in the US, but monetary easing by the Federal Reserve is making looser policy possible where it’s long overdue.
The Qatar Stock Exchange witnessed robust trading, coinciding with FTSE Russell’s reclassification of constituents taking effect on Thursday, but overall it was on a weak wicket due to selling pressure ...