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Economy

World's 10 richest each gain at least $1bn as stocks surge

Oct 17 2018 08:45

It’s a perfect 10. Every one of the world’s 10 richest people added at least $1bn to their fortunes as US stock markets ripped higher, brushing off last week’s malaise.

International

Saudi stocks drop as Pompeo lands in Riyadh amid Khashoggi probe

Oct 16 2018 11:40

Saudi Arabian stocks retreated as US Secretary of State Michael Pompeo arrived in the kingdom to meet with King Salman bin Abdulaziz over the disappearance of writer Jamal Khashoggi in Turkey.

International

WATCH: How would Saudi Arabia retaliate if US imposes sanctions?

Oct 16 2018 10:25

An op-ed in Saudi-owned Al Arabiya news has warned of repercussions should the US impose sanctions on Saudi Arabia over the disappearance of journalist Jamal Khashoggi.

World

Trump says US attendance uncertain at Saudi investment meeting

Oct 16 2018 08:34

President Donald Trump said he’s uncertain whether his administration will participate in a Saudi investment conference in the wake of the disappearance of journalist Jamal Khashoggi.

Economy

A murder claim involving missing journo gives Turkey leverage over Saudi and Trump

Oct 15 2018 14:25

After Saudi journalist Jamal Khashoggi disappeared, Turkish officials said privately that they knew exactly what happened to him: Two weeks later, they’ve yet to go public or release conclusive evidence.

Economy

Tremors rattling world economy: The key highlights from IMF talks

Oct 15 2018 13:47

Woken one night by a 6.4 magnitude earthquake at the IMF annual meetings in Bali, global finance chiefs have spent the week assessing the tremors now rippling through the world economy.

Economy

UK economy set for best quarter since 2016 despite flat August

Oct 10 2018 11:02

The UK economy appears to be on course for its best calendar quarter in almost two years, despite a weaker-than-expected performance in August.

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Economy

IMF reverses Iran growth, lifts Saudi forecast

Oct 09 2018 11:00

The International Monetary Fund has predicted Iran's economy will sink deep in the red due to renewed US sanctions but forecast increased Saudi growth on the back of higher oil production.

World

IMF cuts forecast for global growth as trade war takes its toll

Oct 09 2018 09:45

The International Monetary Fund says the world economy is plateauing as the lender cut its growth forecast for the first time in more than two years.

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