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Qatar says budget for 2019 will project surplus

Qatar's national budget for 2019 will show a forecast for a surplus, its Finance Minister Ali Shareef al-Emadi told a conference on Sunday.
9 December 2018, 18:00 PM

Volkswagen denies allegations chairman knew early about emissions cheating

Volkswagen has denied allegations that Chairman Hans Dieter Poetsch knew about the carmaker's emissions test cheating almost three months before U.S. authorities made it public in September 2015.
9 December 2018, 18:00 PM

China's factory gate inflation eases

China's factory inflation slowed in November, a sign demand remains weak amid Beijing's ongoing trade war with the United States, while consumer inflation also flagged, official data showed Sunday.
9 December 2018, 18:00 PM

Fed policymakers signal turning point on US rate-hike path

The US central bank is flagging a turning point in monetary policy, as a Federal Reserve policymaker on Friday backed interest rate hikes in the “near term” but nodded to increasingly less certainty ahead.
9 December 2018, 18:00 PM

Facebook CEO backed sharing customer data despite second thoughts: documents

Facebook Chief Executive Mark Zuckerberg questioned the business case for giving millions of outside software developers wide access to customer data before endorsing the practice in 2012, according to internal emails published on Wednesday.
6 December 2018, 18:00 PM

Opec eyes output cuts as Trump calls for boost

Opec members and other oil-producing countries mulled cuts in output Thursday to prop up plunging prices, defying repeated calls by US President Donald Trump that they keep the taps open.
6 December 2018, 18:00 PM

China, India pull back from coal imports, hurting prices

It's not shaping up as a merry Christmas for coal exporters to Asia as the region's top buyers, China and India, pull back from the recent trend of strong imports.
6 December 2018, 18:00 PM

WTO chief warns of economic danger of trade war

All countries will lose in a global trade war, the head of the world's trade referee warned in a speech on Wednesday.
6 December 2018, 18:00 PM

India seen holding rates steady as inflation, growth soften

Analysts expect the Reserve Bank of India (RBI) to support an economy that is losing momentum by leaving interest rates unchanged at a policy meeting on Wednesday, when just over a month ago most of them had predicted a hike.
4 December 2018, 18:00 PM

France, Germany move to save EU digital tax proposal

France and Germany jointly agreed a scaled-back version of an EU digital tax Tuesday, that they hoped would break significant opposition to the plan amongst bloc partners.
4 December 2018, 18:00 PM

Opec caught between Trump and falling oil prices

Opec members and other oil-producing countries convene in Vienna this week to discuss lowering their output, as they scramble to buffer their earnings against plunging crude prices, while also coming under heavy US pressure to ensure that the commodity stays cheap.
4 December 2018, 18:00 PM

Australia central bank holds rates as home prices fall

Australia's central bank kept interest rates at a record-low on Tuesday as a drop in house prices accelerated.
4 December 2018, 18:00 PM

White House seeks to end subsidies for electric cars, renewables

White House economic adviser Larry Kudlow said on Monday the Trump administration wants to end subsidies for electric cars and other items, including renewable energy sources.
4 December 2018, 18:00 PM

Indian gold demand shines as local rates dip

Physical gold demand in the world's second biggest bullion consumer India got a fillip this week from a slide in local rates due to gains in the rupee, while buying was steady in other top Asian hubs.
1 December 2018, 18:00 PM

Pakistan rupee hits record low, no news on IMF lifeline

Pakistan's rupee plunged almost five percent to a record low Friday after what appeared to be a sixth devaluation by the central bank in the past year as the country struggles with an acute balance of payment crisis.
1 December 2018, 18:00 PM

Eurozone inflation slows to 2pc in November

Eurozone inflation slowed in November, official data showed on Friday, lending support to rising fears that economic activity in Europe is cooling.
1 December 2018, 18:00 PM

Economists, Wall Street split on Fed signals

Economists and investors have been scratching their heads this week over signals from the Federal Reserve, which left the future of US monetary policy open to broadly divergent interpretations.
1 December 2018, 18:00 PM

Microsoft's market value overtakes Apple's

Microsoft Corp's stock market value closed above Apple Inc's for the first time in eight years on Friday as the Windows maker benefited from growth in cloud computing while Apple was hit by investor concern about iPhone demand.
1 December 2018, 18:00 PM

France, Japan uphold auto alliance amid Ghosn crisis

The leaders of France and Japan on Friday stood by the Renault-Nissan auto alliance despite ructions from the arrest of its chief executive, officials said.
1 December 2018, 18:00 PM

India economic growth slows to 7.1pc

India's economic growth slowed to 7.1 percent in the second quarter, official data showed Friday, as its banks endure a liquidity crunch that is hampering investment in Asia's third-largest economy.
1 December 2018, 18:00 PM