 |
Brent slips below $110 on weak demand outlookBrent futures slipped below $110 a barrel on Tuesday on worries of a slowdown in demand growth in China and the United States, two of the world's biggest oil consumers, with a rise in the dollar weighing further on the mark More… |
 |
Slowdown fears hit shares, commoditiesThe uncertain worldwide growth outlook flushed investors out of riskier assets on Monday, sending shares and commodities lower, despite signs that a drive by Europe's leaders to tackle the region's debt crisis was gathering momentum. More… |
 |
Europe slowdown adds to Greek dramaEurope's economic slowdown has hit the engine-room of the euro zone, including Germany, gloomy new indicators have revealed, adding urgency to the region's struggle to keep Greece's debt crisis from tearing the single currency apart. More… |
 |
India set for prolonged economic slowdownIf Indian policymakers are hoping the country's slowing economy can rebound largely the same way it did from the 2008 global financial crisis, they are dreaming. The reason is the government cannot wield some of the tools it could the last More… |
 |
China exporters see slowdown risks growingChina exporters face a deeply uncertain outlook due to fragile Western demand and a tightening credit environment and three out of four of them fear a wave of factory closures next year, a Reuters poll at China's largest trade event showed. More… |
 |
Saudi banks face 'little impact from slowdown'Saudi banks face limited impact from potential global slowdown risks and are likely to bounce back to healthy return-on-equity levels driven by lending growth and ample liquidity, J P Morgan Securities said. The brokerage set an 'overw More… |
 |
Arab economy safe, 'ready to bear any shock'Arab finance ministers have shrugged off any threat to their economies from political upheaval and a global slowdown, saying ample cash reserves and mutual support would ensure they withstand new shocks. The 22 ministers promised to help e More… |
 |
UAE non-oil import doubles in May, exports hitThe UAE's non-oil import growth more than doubled to 22.3 per cent year-on-year in May compared with April but exports and re-exports slowed sharply, data showed, highlighting risks of global slowdown to the Opec member's economy. More… |
 |
Oil falls more than 3pcOil dropped more than 3 percent on Monday, as worry about an economic slowdown spread after Standard & Poor's cut the United States' top-tier credit rating late on Friday. Brent crude fell $3.60 to $105.77 a barrel by 10:34 am EDT (143 More… |
 |
Global economy 'closer to stagnation'The world's economy moved closer to stagnation last month as firms in Asia and Europe reined back in the face of an ongoing debt crisis and signs of a new US slowdown, business surveys showed on Wednesday. The euro zone's dominant serv More… |
