Finance

British ministers head to the GCC for talks on new trade deal

Britain’s new trade ministers visited the Gulf region on Monday in a first joint visit for talks on a possible trade deal, the government said. Trade secretary Jonathan Reynolds and...

Markets Marcus Robinson -

Saudi Fund for Development signs first loan agreement with Dominica

Saudi Fund for Development (SFD) formalised its first development loan agreement with the Commonwealth of...

Finance Victoria Winston -

How Abu Dhabi’s investment legacy is fostering economic development

Abu Dhabi and the UAE have long been recognised as important investors in the...

Banking Aditya Dave -

UAE unveils ‘Invest in the Emirates’ campaign, fronted by Idris Elba

The UAE government has unveiled its ‘Invest in the Emirates’ campaign, fronted by Hollywood...

News Shreya Rajput -

UAE, Australia reach trade deal to boost exports, investment

The UAE has reached a trade agreement with Australia that is expected to boost...

Forex Sameer Shah -

Latest

Pakistan PM discusses new loan programme with IMF chief

Pakistan Prime Minister Shehbaz Sharif discussed a new loan programme with IMF Managing Director Kristalina Georgieva on Sunday, his office said in a statement. Sharif...

Jittery markets struggle with South Africa coalition puzzle

The prospect of South Africa's first coalition government of the post-apartheid era is likely to keep markets jittery for months, but the weakened ANC...

India markets to cheer likely third term for Modi, hope for reforms

Expectations that Indian Prime Minister Narendra Modi will expand his alliance's majority in parliament after the world’s biggest election are likely to boost the...

Brazil’s economy forecast to have picked up pace in first quarter

Brazil's economy is forecast to have picked up pace in the first quarter of the year, a Reuters poll showed, driven by an increase...

Star Entertainment chair David Foster latest to depart amid Sydney casino inquiry

Star Entertainment (SGR.AX), opens new tab said on Monday Chairman David Foster has stepped down just more than a year into the role, adding to an...

French ratings reprieve reason to push harder on budget, minister says

France should step up its efforts to revive its public finances and meet its medium-term fiscal target, Finance Minister Bruno Le Maire said on...

South Korea plans to detail tax incentives, chip industry support

South Korea's finance minister said authorities would put forward detailed tax incentives under corporate reforms aimed at boosting the value of listed companies after...

No-confidence vote looms for Papua New Guinea leader Marape

Papua New Guinea Prime Minister James Marape is likely to face a no-confidence motion in parliament after the opposition party nominated Rainbo Paita, who...

Focus: Rating firms cautious ratifying some private credit loans

Banks and insurers are making more requests to U.S. credit agencies for ratings on their risky loans to private equity funds that are secured...

Germany should consider easing debt brake, says IMF

Germany faces rising spending pressures and the government should consider easing the debt brake, the International Monetary Fund said on Tuesday, but finance ministry...

UK’s Labour puts economic stability at heart of election offer

Britain's opposition Labour Party said on Tuesday it would prioritise economic stability if it won a national election on July 4, with its finance...

Ackerman family cedes control of South Africa’s Pick n Pay in revamp

The Ackerman family, which founded South Africa's Pick n Pay (PIKJ.J), opens new tab, will relinquish control of the struggling retailer as part of a...

New Zealand tightens some home loan rules

New Zealand's central bank on Tuesday introduced limits on how much housing finance lenders can provide for borrowers who want to take on a...

EU sanctions 6 people and 3 firms in Hamas finance crackdown

The European Union has decided to sanction six people and three companies for financing Hamas and the Palestinian Islamic Jihad, the EU council said...

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