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World

Top Turkish officials visit Jordan in move to deepen ties - officials

AMMAN (Reuters) - Top Turkish and Jordanian officials sought to deepen relations in talks on Tuesday, days after the kingdom restored full ties with Ankara's ally Qatar, in what officials say is a realignment by Jordan away from longtime Gulf partners.

Business

UBS sees oil climbing to US$70-US$75

SINGAPORE: UBS sees oil climbing to US$70 to US$75 on better-than-expected demand growth seen at 1.2 million barrels per day, or slightly better this year, compared to consensus of one million to 1.1 million barrels a day, Wayne Gordon, executive director for commodities and foreign exchange says in interview in Singapore.

Business

Economy likely to get worse before it improves

IF anybody had been waiting for confirmation that more is to come from the current slowing economic environment, they need not go further than to scrutinise the statement by Finance Minister Lim Guan Eng.

Business

All countries, including Malaysia, losing in US-China trade war

THE International Monetary Fund (IMF) may have identified China as having more to lose in the US-China trade war, but the real loser is the world which has become economically more dependent on China.

Business

Tanzania’s growth slows in first quarter as construction softens

DAR ES SALAAM: Tanzania’s economic growth slowed to 6.6% year-on-year in the first quarter of 2019 from 7.5% in the same period a year earlier, official data showed, weighed down by softer construction, agriculture and manufacturing activity.