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TOKYO: Japan’s economic growth in the second quarter was much slower than seen in a stellar preliminary reading, government data showed on Friday, confounding hopes for a long awaited pick-up in domestic demand.
WASHINGTON: Treasury Secretary Steven Mnuchin and House of Representatives Speaker Paul Ryan voiced confidence on Thursday that Congress will pass an overhaul of the US tax code by the end of this year, a major but elusive goal for President Donald Trump and his fellow Republicans.
DUBAI: Saudi Arabia raised oil pricing for October sales to Asia, increasing its lighter grades for a second consecutive month, in an indication the world’s largest crude exporter sees strengthening demand in its biggest market.
HELSINKI: The maker of hit mobile phone game “Angry Birds” is planning an initial public offering to raise around 30 million euros (US$36mil) and potentially use its shares to make acquisitions.