Economy

Economy News

Stocks slide, oil jumps as Russia orders troops to Ukraine region

Asia-Pacific shares sink after Putin recognises two breakaway regions in eastern Ukraine. Global stocks tumbled, while safe havens rallied and oil surged on Tuesday, as Europe’s eastern flank stood on.

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Economy News

Dubai airport passenger traffic up in 2021 but still way below 2019

Dubai International Airport, the busiest globally for international traffic, saw 29.1 million passengers pass through its terminals in 2021, a 12.7% jump from a year earlier. Dubai Airports, the state-owned.

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Business Economy News

Japan watching impact of rate rises by the West on its economy

By Tetsushi Kajimoto TOKYO (Reuters) -Japan will watch how rising interest rates in Western nations could affect its economy, the finance minister said on Tuesday, as higher bond yields would.

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Economy News

Exclusive-Contracts show Lebanon’s central bank obscured recipients of commissions 

By Samia Nakhoul and Timour Azhari BEIRUT (Reuters) – For more than a decade, Lebanon’s central bank charged commercial banks in the country commissions when they bought government securities without.

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Economy News

EU investment funds need overhaul to exploit single market, says report

By Huw Jones LONDON (Reuters) -The European Union’s 19 trillion euro ($21.6 trillion)investment funds industry is failing to exploit the bloc’s single market, saddling investors with high costs and opaque.

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Economy News

Fed’s Bowman keeping open mind on possible half percentage point rate hike in March

By Lindsay (NYSE:LNN) Dunsmuir (Reuters) -Federal Reserve Governor Michelle Bowman said on Monday that she will assess incoming economic data over the next three weeks in deciding whether a half.

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Business Economy News

Australia’s AGL Energy rejects $3.5 billion offer, investors expect more

By Shashwat Awasthi and Harish Sridharan (Reuters) -Australia’s biggest power producer AGL Energy (OTC:AGLXY) Ltd on Monday rejected a surprise $3.54 billion takeover approach from billionaire Mike Cannon-Brookes and Canada’s.

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Economy News

China’s new home prices perk up as big city demand returns

BEIJING (Reuters) -China’s new home prices rose for the first time since September on a monthly basis, official data for January showed on Monday, as efforts to soften the blow.

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Economy News

Top 5 Things to Watch in Markets in the Week Ahead

By Noreen Burke Investing.com — Rising tensions between Moscow and the West over Ukraine and speculation about monetary policy look set to keep investors on edge in the coming holiday-shortened.

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Business Economy News

Exclusive-U.S.-UAE push for another $4bln in farming climate change investment

By Lisa Barrington DUBAI (Reuters) – The United States and the United Arab Emirates are seeking an additional $4 billion of global investment in an initiative launched last year to.

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