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China fiscal revenue increases
Sun, 16 Jun 2019 04:22:17 GMT
 
China's fiscal revenue increased 3.8% to $1.3T in the first five months of the current year, compared to the same period in 2018, the Ministry of Finance reports. >>
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Iran summons UK's ambassador to Tehran
Sun, 16 Jun 2019 02:57:52 GMT
 
According to the Students News Agency report, Iran has summoned the UK ambassador to Tehran over the oil tanker attack accusations. >>
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Saudi calls for swift action to secure Gulf energy supplies
Sun, 16 Jun 2019 01:57:56 GMT
 
On Saturday, the Saudi Arabian Energy Minister Khalid al-Falih called for quick action to protect crude oil supplies amid the US-Iran face off. >>
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UK SME receive £6.7B investment in 2018
Sat, 15 Jun 2019 20:02:01 GMT
 
British small and medium enterprises have received a record £6.7B equity investment the previous year, a data published by the British Business Bank, a government's development bank, shows. >>
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China provides liquidity to small banks
Sat, 15 Jun 2019 19:00:59 GMT
 
The People's Bank of China has provided $29B to small and medium sized banks to keep their liquidity sufficient, a statement published by the central bank shows. >>
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India market regulator tightens rules for credit rating agencies
Sat, 15 Jun 2019 18:00:53 GMT
 
The Securities and Exchange Board of India, a national market regulator, has decided to tighten regulations for credit rating agencies, a circular published by the regulator shows. >>
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Russian central bank cuts key rate, GDP growth forecast
Sat, 15 Jun 2019 17:11:29 GMT
 
The Bank of Russia lowered its key refinancing rate by 0.25% to 7.5% and cut its economic growth forecast to 1%-1.5% for 2019, a statement published by the central bank >>
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World Bank grants $518M loan to Pakistan
Sat, 15 Jun 2019 16:04:08 GMT
 
The World Bank has provided a $518M loan to Pakistan to simplify the tax regime and strengthen tax and customs administration, a press release issued by the World Bank shows. >>
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China consumption growth accelerates
Sat, 15 Jun 2019 14:55:05 GMT
 
The Chinese retail sales increased 8.6% in May after a 7.2% increase in April and reached $2.33T for the first five months of 2019, the National Bureau of Statistics reports. >>
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China, Belarus to strengthen Belt and Road cooperation
Sat, 15 Jun 2019 14:03:52 GMT
 
The Chinese President Xi Jinping and his Belarusian counterpart Alexander Lukashenko agreed to strengthen cooperation under the Belt and Road Initiative framework during a meeting in Bishkek, Kyrgyzstan. >>
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US business inventories rise
Sat, 15 Jun 2019 13:16:36 GMT
 
The US business inventories reached $2.03T in April, a slight increase from the previous month and a 5.3% increase from the same period the prior year, the US Department of >>
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Lebanon, Belgium to improve economic cooperation
Sat, 15 Jun 2019 12:12:59 GMT
 
The Belgian Ambassador to Lebanon Hubert Cooreman promised to improve economic cooperation with Lebanon at a meeting with the Director of Lebanon's Chamber of Commerce Mohammad Saleh. >>
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Moody's: Turkey's rating down to B1
Sat, 15 Jun 2019 11:22:02 GMT
 
Moody's downgraded Turkey's sovereign credit rating into "junk" territory to B1 from Ba3, adding that the risk of the crisis of balance of payments kept rising, and with it the >>
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Chinese mobile phone shipments up 1.2%
Sat, 15 Jun 2019 10:20:41 GMT
 
Chinese mobile phone shipments revealed 1.2% growth year-over-year to 38.29M units in May, the CAICT stated, with total shipments during the period of January to May reached 152M units, down >>
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EU blocks Tata Steel, Thyssenkrupp joint venture
Sat, 15 Jun 2019 08:55:39 GMT
 
Plans to set up a landmark joint venture between Tata Steel and Thyssenkrupp were rejected by EU regulators amid concerns that the deal is likely to reduce competition and push >>
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