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Turkish inflation falls below 12% in March on cheap oil

Turkish inflation falls below 12% in March on cheap oil

Turkey’s key inflation gauge fell to 11.86% in March as expected as a drop in global oil prices provided some relief after four consecutive months of rises, the Turkish Statistical Institute said on Friday.

Jobs destroyed worldwide as virus triggers deep recession

Jobs destroyed worldwide as virus triggers deep recession

The world’s workers are reeling from the initial shock of the coronavirus recession, with job losses and welfare claims around the globe already running into the millions this week.

China weighs cuts to e-car subsidies it just extended

China weighs cuts to e-car subsidies it just extended

China, the biggest market for electric cars, is considering a reduction in rebates given to buyers and limits on the models that qualify even as it commits to extending the costly subsidy programme for another two years.

World’s top gold market freezes as Chinese shoppers stay away

World’s top gold market freezes as Chinese shoppers stay away

The coronavirus pandemic has frozen the Chinese gold market, torpedoing demand at a time when investors elsewhere in the world are clamoring for the safety of bullion.

Foxconn assures investors 5G iPhone can still launch this fall

Foxconn assures investors 5G iPhone can still launch this fall

Apple Inc’s most important manufacturing partner has reassured investors it can still get the latest 5G-enabled iPhones ready for an autumn launch despite global Covid-19 upheaval.

Wall St investors look to virus data to support stabilising markets

Wall St investors look to virus data to support stabilising markets

Investors are parsing a broad range of signals, from infection counts to more traditional indicators, for clues on the trajectory markets may take in coming weeks as the pandemic caused by the novel coronavirus continues to spread.

Pandemic turns Europe deal-makers of private equity into rescuers

Pandemic turns Europe deal-makers of private equity into rescuers

For private equity firms, the Covid-19 pandemic turned a record buying binge into an industry-wide panic, upending a lucrative business model and turning dealmakers into rescuers overnight.

S&P affirms QIB rating at ‘A-/A-2’ with stable outlook

S&P affirms QIB rating at ‘A-/A-2’ with stable outlook

International credit rating agency, Standard & Poor’s (S&P) has affirmed Qatar Islamic Bank’s (QIB) Issuer Credit Rating at ‘A-/A-2’ with a stable outlook.

Italian online platform eyes Qatar for international expansion

Italian online platform eyes Qatar for international expansion

An Italian tech company is looking at making Qatar a hub for its international expansion plans, focusing on the Middle East and North Africa (Mena) region.

India equities fall for seventh week; rupee weakens further

India equities fall for seventh week; rupee weakens further

India’s stocks declined for the seventh week, and ahead of an extended weekend, after comments yesterday morning by Prime Minister Narendra Modi failed to offer any concrete measures to curb the spread of the coronavirus pandemic in the nation.

Markets look to fiscal bazooka for support in second quarter

Markets look to fiscal bazooka for support in second quarter

The coronavirus outbreak has set three major macro impulses in motion. They will all have a major impact on commodities, especially the energy sector, over the coming months.

Fed’s new repo measures followed a $100bn Treasury exodus

Fed’s new repo measures followed a $100bn Treasury exodus

The Federal Reserve is trying to call time on a fire sale of Treasuries by foreign governments and central banks.

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