China Denies It Is Currently in Talks with Washington over Tariffs
Beijing on Thursday denied it has held trade talks with Washington despite repeated comments from the US government suggesting there…
Category: FINANCE
Gold Slips More Than 1% as China Considers US Tariff Exemption
Gold prices lost more than 1% on Friday and were heading for a weekly fall on signals of a potential…
After Tesla’s Earnings Slide, Pressure’s On for Cybercab
The future of Elon Musk’s electric car company is murky. It may rest on Tesla’s forthcoming self-driving taxi service, which…
IMF Cuts Growth Forecasts for Most Countries due High US Tariffs
The International Monetary Fund on Tuesday slashed its growth forecasts for the United States, China and most countries, citing the…
China’s President Xi Says Tariffs and Trade Wars Hurt World Economic Order
Chinese President Xi Jinping said on Wednesday that tariff and trade wars undermine the legitimate rights and interests of all…
Saudi Social Development Bank passes $43.2 Billion Total Financing
The Saudi Social Development Bank has announced that its total financing since inception has exceeded SAR162 billion (USD43.2 billion), benefiting…
Qatar National Bank Completes Unsecured $2 bn Asian Loan
Qatar National Bank (QNB) Group, a Qatari public company, announced on Sunday the successful closing of a $2 billion unsecured…
Chinese President: Protectionism ‘Leads Nowhere’
Chinese President Xi Jinping said on Monday that protectionism “leads nowhere” and that a trade war would have “no winners,”…
Trump Pauses Tariffs on Most Nations for 90 Days, Raises Taxes on Chinese Imports
Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for…
Asia Shares Jump after US Stocks Soared as Trump Paused Most of His Tariffs
World markets soared on Thursday, with Japan’s benchmark jumping more than 9%, as investors welcomed US President Donald Trump’s decision…