Thursday, July 18, 2019

Egypt central bank keeps key rates unchanged

CAIRO: Egypt’s central bank kept its key interest rates steady, in line with a Reuters poll of economists. Of 15 economists surveyed by Reuters, 14...

T-Mobile, Sprint expected to extend deal date

NEW YORK: T-Mobile US Inc and Sprint Corp expect to extend a July 29 deadline to complete their $26-billion merger, according to two sources...

Should you buy ASX bank share for 8.3pc dividend?

Sebastian Bowen This ASX bank’s share price is up almost 15% for this year so far, and up more than 20% if you include...

Deutsche Bank under US scope over dealings with 1MDB

KUALA LUMPUR: The US Justice Department is finally investigating Deutsche Bank to see if Germany’s biggest bank violated foreign corruption or anti-money laundering laws when...

Facebook’s Libra needs central bank supervision

WASHINGTON: Social networking giant Facebook published a white paper in June laying out its plans for a new blockchain-based digital currency called Libra, which...

Malaysia central bank holds rates

KUALA LUMPUR: Malaysia’s central bank kept its key interest rate at 3.00%, expressing confidence that domestic demand will support economic growth at a time...

High-tech trade dispute rooted in Japan’s wartime history

TOKYO: Japan has tightened curbs on exports of high-tech materials used in smartphone displays and chips to South Korea, upping the ante in a...

Global stocks drop for third day

LONDON: World stocks fell for a third straight day on Tuesday, as a stinging warning came from German chemicals giant BASF about the effects...

Global shares muted as prospect of sharp US rate cut fades

LONDON: Global stocks were in a muted mood on Monday after strong U.S. job gains tempered expectations the Federal Reserve will deliver a large...

Ola gets green light for London taxi business

LONDON: India’s biggest ride-hailing platform Ola Cabs, which is run by ANI Technologies Pvt. Ltd, has received approval from London’s transport regulator to start...

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