Trading News

China Oil Demand Rises Oil Price To Highest In 2019

By Teresa Taylor January 22, 2019

The prices of oil hit its highest in 2019 as refinery processing data in China rose to a high in 2018. It brings a huge cheer to the industry as China which is the second largest economy in the world had a slowdown in 2018. The price rise is also partly because of the OPEC […]Continue Reading

Company News

United Arab Emirates and Saudi Arabia Agrees to Work as a Team for New Cryptocurrency

By Teresa Taylor January 21, 2019

The United Arab Emirates [UAE] and Saudi Arabia disclosed an agreement saying they will co-operate with each other for developing a new cryptocurrency. The report was published on 19 January by UAE official news agency named Emirate News Agency. By the statement, The Executive members of Saudi-Emirati Co-ordination Council organized a meeting in the capital […]Continue Reading

News

UK Parliament Rejects PM’s Brexit Deal by 230 Votes

By Teresa Taylor January 17, 2019

UK Parliament has defeated Prime Minister’s Brexit deal on a crushing margin. As the date of the divorce is nearing, UK may have to leave the European Union without a deal or even have to stay in it. Parliament had voted 432-202 against the deal proposed by the Prime minister. It is said to be […]Continue Reading

News

China Still Reluctant to Open its Market to Visa and Master Card

By Teresa Taylor January 16, 2019

After the recent declaration by the Chinese Government of opening up its economy to the foreign players, it can be said that China has not lived up to its promises. The most sought-after sector is still unreachable by foreign players. Foreign companies do not fully penetrate the country’s financial market. However, after a series of […]Continue Reading

Stocks

Saudi Arabia may Cut Oil Supply if Global Economy Demands

By Teresa Taylor January 15, 2019

The world is experiencing a slowdown in growth. Owing to the slump in demand, Saudi Arabia Energy Minister Khalid Al Falih has recently said that OPEC and all its allies are ready to respond to the global economic slowdown quickly. Al Falih told that though he did not see any big recession in the near […]Continue Reading

Opinion & Analysis

UK Economic Growth Tumbles

By Teresa Taylor January 13, 2019

The United Kingdom’s economy has slowed down in the last three months and at the lowest in November. And it is the weakest in the past six months. The UK Office for National Statistics (ONS) said the economy grew by 0.3 percent during this period and it is 0.4 percent less than the growth of […]Continue Reading