[ad_1] LONDON (Reuters) – Oil prices were broadly steady on Friday as concern over slower growth in China, the world’s biggest oil importer, was countered by bullish signals from both the Chinese and U.S. refining
Indian central bank signals scope for more rate cuts to get economy on track
[ad_1] MUMBAI (Reuters) – India’s central bank monetary policy committee favors cutting interest rates and continuing with an accommodative stance until the economy is firmly on a recovery path, its minutes showed. FILE PHOTO: A
China stops couriers from shipping black clothing to Hong Kong amid protests
[ad_1] SHANGHAI/HONG KONG (Reuters) – China has banned the bulk shipment to Hong Kong of black clothing and other gear used by pro-democracy protesters, staff at Chinese courier firms said, amid four months of often
‘Stablecoins’ could hinder efforts to stamp out money laundering – global watchdog
[ad_1] LONDON (Reuters) – The spread of cryptocurrencies such as Facebook’s Libra could have serious repercussions for worldwide efforts to detect and stamp out money laundering and terror financing, a global watchdog on illicit finance
Oil ebbs as China’s slowest GDP growth in almost three decades stokes demand fears
[ad_1] SEOUL (Reuters) – Oil prices slid on Friday on jitters over demand from China after the world’s largest oil importer recorded its weakest quarter of economic growth in nearly three decades, dragged down by
Tramp shippers to be most challenged by IMO 2020 rule change: ICS
[ad_1] TOKYO (Reuters) – Shipping companies running itinerant merchant vessels known as tramps are concerned about sourcing fuel to comply with one of the biggest ever shake-ups of the industry next year, the head of
LSE’s third-quarter income rises ahead of Refinitiv deal vote
[ad_1] London Stock Exchange (LSE.L) reported higher-than-expected third-quarter income on Friday, putting it in a strong position ahead of next month’s shareholder vote on its planned deal to buy data provider Refinitiv. A man walks
Saudi Aramco delays planned IPO until after earnings update – sources
[ad_1] DUBAI/RIYADH (Reuters) – Saudi Aramco IPO-ARMO.SE has delayed the planned launch of its initial public offering in hopes that pending third-quarter results will bolster investor confidence in the world’s largest oil firm, two sources
Gold holds above $1,490 on weak Chinese data, Brexit prospects
[ad_1] (Reuters) – Gold prices held above $1,490 on Friday as disappointing data from China reinforced concerns that its trade spat with the United States had begun taking a toll on global economies, while the
China’s GDP growth grinds to near 30-year low as tariffs hit production
[ad_1] BEIJING (Reuters) – China’s third-quarter economic growth slowed more than expected and to its weakest pace in almost three decades as the bruising U.S. trade war hit factory production, boosting the case for Beijing