Investors are still eyeing the city-state of Singapore as Singapore’s malls have felt the pinch similar to the other bricks-and-mortar retailers globally who have taken a hit from e-commerce. But that doesn’t mean investors are entirely gung-ho. But expecting the… Read More ›
Suggestion that the Chinese economy is holding up better than expected despite rising lending rates and a cooling property market is made as China reported stronger-than-anticipated exports and imports for May despite falling commodity prices. Saying that it expects the… Read More ›
In an effort to deepen Qatar’s isolation, the latest in a series of unprecedented measures by the Saudi-led alliance that risk squeezing the country’s economy and finances, the United Arab Emirates banned all international flights serving Doha from flying through… Read More ›
After Saudi Arabia closed its land border with Qatar and at least five Gulf-based airlines announced they will halt service to the desert peninsula nation, the rift between Qatar and other Arab nations intensified Monday. Saudi Arabia has developed a “Sunni coalition” in… Read More ›
May plans on creating a ministry for trade tasked with the sole purpose of boosting bilateral trade relations with “old friends and new allies”. On Monday, Theresa May’s Conservative Party has presented its post-Brexit scenario of setting up a network… Read More ›
Pointing to Doha’s ties to terrorism and the need to maintain national security, Saudi Arabia and three other nations broke diplomatic relations with Gulf Arab state Qatar on Monday. While the United Arab Emirates, Bahrain and Egypt cut ties with Doha on Monday, Riyadh… Read More ›
Big money investors, such as Singapore wealth fund Temasek, said they’re continuing to go green even though U.S. President Donald Trump pulled out of the Paris climate change deal. Going green was just good business, said Robin Hu, head of the sustainability… Read More ›
A split in between the members of the Gulf Cooperation Council will have serious repercussions around the Middle East. In an unprecedented development, the United Arab Emirates, Saudi Arabia, Bahrain and Egypt have accused Qatar of supporting terrorism and have… Read More ›
Goldman Sachs bought PDVSA’s oil bonds for pennies. As per a senior White House official, the Trump administration is concerned about any action by U.S. companies that provides a financial lifeline to Venezuela’s government. The U.S. government stance may have… Read More ›
Devastating displays of a world at odds are recent attacks in Manchester, Paris, Kabul and more. There is one thing the world can largely seem to agree on: the world is getting worse despite increased political and economic polarization. The fact that… Read More ›
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