Saturday, June 8th, 2019

 

Iran has no plans to leave Opec despite tensions, says oil minister

GENEVA, June 8 — Iran has no plans to leave the Organization of the Petroleum Exporting Countries despite being treated like an enemy by some fellow members, Oil Minister Bijan Zanganeh said in an interview published today. “Iran has no plans to…


China to curb some technology exports to US

SHANGHAI, June 8 — China is preparing to curb some technology exports to the United States, the chief editor of China’s Global Times newspaper said today. If enacted, the measures suggest Beijing would retaliate over US restrictions imposed on…


Iran says selling oil through ‘unconventional’ means

TEHRAN, June 8 — Iran is keeping up oil sales through “unconventional” means to circumvent US sanctions, Oil Minister Bijan Namdar Zanganeh said in an interview published today. “We have unofficial or unconventional sales, all of which are…


France ready to cut Renault stake to shore up Nissan ties, says minister

FUKUOKA, June 8 — France is ready to consider paring back its 15-per cent stake in Renault in the interests of consolidating the automaker’s alliance with Japanese partner Nissan, Finance Minister Bruno Le Maire said today. In an interview with…


France ready to cut Renault stake to shore up Nissan partnership: finance minister

FUKUOKA, June 8 — France is ready to consider cutting its stake in Renault in the interests of consolidating the automaker’s alliance with Nissan, Finance Minister Bruno Le Maire said today. He was speaking in Japan after Italian-US carmaker…


G20 financial heads to stay vague on trade, no progress seen in US-China row

FUKUOKA June 8 — Finance leaders of the Group of 20 major economies will steer clear of promises to avoid protectionism in a communique tomorrow amid escalating US-China trade tensions, officials say, casting doubt on their ability to take a…


Trade war, tariff threats to challenge G20 finance leaders’ solidarity

FUKUOKA, June 8 — Widening fallout from the US-China trade war and escalating tariff threats will test the resolve of Group of 20 finance leaders to show a united front this week, as investors worry if they can avert a global recession with…


BOJ’s Kuroda warns of uncertainties on global recovery prospects

FUKUOKA, June 8 — Bank of Japan Governor Haruhiko Kuroda today maintained his view the global economy will recover in the latter half of this year, but warned that uncertainties remain as fallout from the Sino-US trade war deepens. Kuroda said the…


G20 agrees to push ahead with rules on corporate tax targeting tech giants

FUKUOKA (Japan), June 8 — Group of 20 finance ministers agreed to push ahead on compiling common rules that will close loopholes that global technology giants like Facebook use to reduce their corporate tax burden. Facebook, Google, Amazon, and…


Bursa likely to continue uptrend next week

KUALA LUMPUR, June 8 — The upward momentum on Bursa Malaysia is likely to continue next week as sentiment in the market remains positive backed by favourable external developments, a dealer said. He said the local bourse would continue to see…