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    Indian govt asks states to borrow $32b to meet tax shortfall

    Indian govt asks states to borrow $32b to meet tax shortfall

    27 Aug 2020

    India’s federal government on Thursday asked state administrations to raise $32 billion in loans, as part of a proposal to cover a shortfall in fiscal receipts that could see a...

    Dollar, euro trade cautiously ahead of key Fed speech

    Dollar, euro trade cautiously ahead of key Fed speech

    26 Aug 2020

    The dollar and the euro traded cautiously on Wednesday as investors refrained from taking risky bets a day ahead of a key speech by Federal Reserve Chairman Jerome Powell. Against...

    Abu Dhabi returns to bond market with 3-part dollar issue

    Abu Dhabi returns to bond market with 3-part dollar issue

    25 Aug 2020

    Abu Dhabi began marketing on Tuesday a US dollar-denominated bond, in its third foray into the international debt markets this year as the oil-rich emirate props up its finances following...

    Government consumption to push current economic demand: RBI

    Government consumption to push current economic demand: RBI

    25 Aug 2020

    Indian government consumption will support current economic demand while private consumption is likely to lead a recovery that takes hold after the coronavirus pandemic eases, the central bank said on...

    German business morale improves more than expected in August

    German business morale improves more than expected in August

    25 Aug 2020

    German business morale improved more than expected in August as both manufacturing and services picked up steam, a survey showed on Tuesday, boosting hopes that Europe’s largest economy is set...

    US-China trade optimism boosts European stocks, DAX at month high

    US-China trade optimism boosts European stocks, DAX at month high

    25 Aug 2020

    Renewed optimism over a US-China trade deal and a smaller-than-expected decline in German economic output fuelled a rally in European stocks on Tuesday, with Frankfurt shares hitting a 1-month high....

    Expo 2020 Dubai, participating countries show strong progress

    Expo 2020 Dubai, participating countries show strong progress

    24 Aug 2020

    Business Bureau, Gulf Today Expo 2020 Dubai and its 190-plus participating countries are committed to working together to achieve shared goals and are making strong progress with preparations for...

    Khalifa Fund solidly continues to support UAE SMEs’ expansion

    Khalifa Fund solidly continues to support UAE SMEs’ expansion

    24 Aug 2020

    The Khalifa Fund for Enterprise Development officially announced the completion of the 2019-2020 edition of the “Franchise Initiative”, which saw three UAE-owned and operated businesses become the latest organisations to...

    China stocks end higher as new start-up listings surge on reforms cheer

    China stocks end higher as new start-up listings surge on reforms cheer

    24 Aug 2020

    China stocks closed higher on Monday, with strength seen in the tech-heavy start-up board ChiNext, as investors cheered Beijing's continued market reforms to foster its tech strength. The blue-chip...

    Nikkei inches higher; worries over PM Abe's health weigh

    Nikkei inches higher; worries over PM Abe's health weigh

    24 Aug 2020

    Japanese shares ended higher on Monday, taking cues from gains in e-mini futures and Asian peers, but rising speculations around Prime Minister Shinzo Abe's health weighed on sentiment. The...

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