global growth
US will lose from trade war as flows shift, top miner says
SINGAPORE, Aug 21 — The US risks losing out from its curbs on trade as rival nations including China will seek to do more business with each other, BHP Billiton Ltd Chief Executive Officer Andrew Mackenzie warned as the head of the world’s…
RBA says stronger US growth, lower Aussie could boost economy
SYDNEY, Aug 21 — Australia’s central bank sketched out a scenario where faster global growth and US stimulus withdrawal push the Aussie dollar lower and underpin a stronger outlook Down Under. Main takeaways In minutes of their Aug 7 meeting…
Chinese internet stock sell-off may shake faith in FANGs
SAN FRANCISCO, Aug 20 — A steep downturn in heavyweight Chinese internet stocks and recent weakness in half of the so-called FANG group have some investors worried that a key component of Wall Street’s near-decade long rally may be low on fuel….
Malaysia to have minimal impact on US-China trade war
KUALA LUMPUR: Malaysia will have a minimal impact on the US-China trade war since the country is a small open economy, says Bank Negara Malaysia (BNM). However, if the trade war continues to escalate, the whole global economy will be affected and there could be a reduction in global growth by 0.5 per cent by […]
BNM: Malaysia to have minimal impact on a US-China trade war
KUALA LUMPUR, Aug 17 — Malaysia will have a minimal impact on the US-China trade war since the country is a small open economy, says Bank Negara Malaysia (BNM). However, if the trade war continues to escalate, the whole global economy will be…
Turkey lira crisis highlights emerging currencies plight
PARIS, Aug 13 — Much of the Turkish lira’s plight may be homegrown, but it shares some key vulnerabilities with other emerging countries whose currencies are now also plunging as fear of contagion spreads, analysts say. South Africa, Argentina,…
Wall Steet set to open lower on Turkey turmoil
NEW YORK, Aug 10 ― US stocks were set to open lower today, as a plunging Turkish lira rattled global markets due to concerns over the country's economy and a deepening rift with the United States. The moves in the currency market set a cautious…
US futures drop as Turkey turmoil rattles global markets
NEW YORK, Aug 10 ― US stock index futures fell about half a per cent today, tracking global shares, as the Turkish lira tumbled on concerns over the country's economy and its deepening rift with the United States. The moves in the currency market…
Dollar approaches 13-month high; rouble, Turkish lira downtrodden
TOKYO, Aug 10 — The dollar stood tall this morning, hovering just short of a 13-month high against a basket of peers as European currencies such as the pound and euro continued to lose traction. The Russian rouble dropped to its weakest since late…
