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DUBAI: Saudi Basic Industries Corp. posted its lowest quarterly profit in at least a decade as the chemical maker took an impairment charge and cheaper oil put pressure on its product prices.
IT LOOKS like the world has taken Halloween very seriously this time: On one side, we have Boris Johnson, and his desperate attempts to get ratified the already agreed with the European Union deal, whereas on the other side the world is being stormed by a series of demonstrations and protests all over the world.
INTEREST rates affect consumers and businesses in many ways.
According to Bloomberg Economics published just a few days ago, there is now only a 27% probability that the US will go into a recession within the next 12 months.
JAKARTA: Indonesia’s central bank cut its key interest rate for a fourth straight month to spur the economy amid a deteriorating outlook for global growth.
PETALING JAYA: The World Bank Group’s present definition of government’s debts that only includes direct debts borrowings is inadequate, Finance Minister Lim Guan Eng says.
NEW YORK: Caterpillar Inc. lowered its earnings forecast for 2019, blaming heightened "economic uncertainty” for slowing customer purchases.
NEW YORK: A bellwether of the global industrial economy may be sending out distress signals.
SINGAPORE: Oil slipped on Wednesday after U.S. industry data showed a bigger-than-expected build in crude stockpiles, but possible deeper production cuts coming from OPEC and its allies prevented a further slide in prices.
PETALING JAYA: Crude palm oil (CPO) prices are expected to remain stable, at least until the first half of next year, pending any official announcements from India.