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Strong Wall St, fresh hopes for trade talks boost Asian markets

Strong Wall St, fresh hopes for trade talks boost Asian markets

Asian and European markets rallied yesterday following a strong lead from Wall Street and comments from Donald Trump’s top economic adviser hailing “positive” trade talks with Chinese negotiators.

Morgan Stanley forfeits role in WeWork IPO after losing lead

Morgan Stanley forfeits role in WeWork IPO after losing lead

Morgan Stanley famously nabbed this year’s largest initial public offering, thanks partly to its top technology banker’s moonlighting job as an Uber driver. But the firm is nowhere to be found on what’s shaping up to be the year’s second-biggest IPO, WeWork.

US assures support to American tech companies in India in letter

US assures support to American tech companies in India in letter

The United States ambassador to India has written to top American technology firms assuring them of support for a level playing field in India, a letter seen by Reuters showed, amid Washington’s concerns over New Delhi’s protectionist policies.

Cathay remains under lens as CEO takes fall for protests

Cathay remains under lens as CEO takes fall for protests

Cathay Pacific Airways Ltd is counting on the resignation of its British chief executive officer, Rupert Hogg, to move beyond the tumult that saw its employees’ participation in the Hong Kong protests draw the ire of Beijing. But will it be enough?

Google, Facebook unite with Trump to protest against French tech tax

Google, Facebook unite with Trump to protest against French tech tax

The relationship between President Donald Trump and the largest US technology companies has often been frosty but a common opponent — France’s plan to tax US tech giants — will bring the two sides together, at least temporarily.

Trump says US is talking with China but not ready for a deal

Trump says US is talking with China but not ready for a deal

President Donald Trump said the US is “doing very well with China, and talking!” but suggested he wasn’t ready to sign a trade deal, hours after his top economic adviser laid out a potential timeline for resumption of substantive discussions with Beijing.

Robust private sector credit offtake boosts Qatar bank assets

Robust private sector credit offtake boosts Qatar bank assets

A robust double-digit growth in credit to the private sector has outpaced total loan expansion within Qatar’s commercial banks at the end of June 2019 ...

Yet another global financial meltdown could be in the offing?

Yet another global financial meltdown could be in the offing?

According to the IMF in July, global growth is forecast at 3.2% in 2019. GDP releases this year, together with generally softening inflation, point to weaker-than anticipated global activity.

Qatar shares extend gains to scale 9,800 level

Qatar shares extend gains to scale 9,800 level

The Qatar Stock Exchange on Monday scaled the 9,800 levels, propelled by strong buying interests especially in the real estate and transport sectors.

Argentina is facing fresh turmoil after resignation  and debt downgrades

Argentina is facing fresh turmoil after resignation and debt downgrades

Life may have just got a whole lot tougher for Argentina’s Mauricio Macri a week after his shock primary-election defeat sent markets into a tailspin.

Pakistan govt may introduce dollar-based saving scheme

Pakistan govt may introduce dollar-based saving scheme

In a move that could further weaken people’s trust in local currency, the federal government may launch a new US dollar-based saving scheme, which will entitle people to claim profits and encash saving instruments at future exchange rates.

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