LNG prices may hit 10-year seasonal lows:traders

ASIAN LNG prices will likely be at their lowest, seasonally, in a decade by the end of the year as rapidly rising production outstrips feeble demand, weighed down by a global economic slowdown and the US-China trade war, traders said.
23 September 2019, 18:00 PM

178-year-old Thomas Cook collapses: Why and what happens now?

THOMAS Cook, the world’s oldest travel firm, collapsed on Monday, stranding hundreds of thousands of holidaymakers around the globe and sparking the largest peacetime repatriation effort in British history.
23 September 2019, 18:00 PM

Huawei CFO’s arrest at airport to be focus of Vancouver hearing

Lawyers for Huawei Chief Financial Officer Meng Wanzhou will be in a Canadian courtroom on Monday to press for details surrounding her arrest at Vancouver’s airport nearly 10 months ago.
23 September 2019, 18:00 PM

Aviation watchdog may ask Boeing to set up 737 MAX simulators in India

India’s aviation safety regulator may ask Boeing to set up simulators in India to train pilots on the 737 MAX planes once it clears the aircraft as safe for flying, a senior official with direct knowledge of the matter told Reuters.
19 September 2019, 18:00 PM

Huawei promises smartest 5G phone, but who will be brave enough to buy?

Huawei launches what could be the world’s most powerful and feature-packed 5G smartphone on Thursday, but the fate of the device in Europe will hang on whether it can overcome a US ban to give customers the Google software they expect.
19 September 2019, 18:00 PM

Tesla’s Model 3 earns insurance industry’s top safety rating

Tesla Inc’s Model 3 electric sedan has earned the top safety rating from the Insurance Institute of Highway Safety (IIHS), becoming the first Tesla to do so.
19 September 2019, 18:00 PM

OECD slashes global growth forecasts for 2019 and 2020

Escalating trade tensions are eroding global growth prospects with the world economy set for its slowest expansion since the global financial crisis, the OECD warned on Thursday.
19 September 2019, 18:00 PM

China’s growth could slip below 6pc, analysts warn, as trade war takes toll

China’s economic growth risks slipping below the lower-end of Beijing 2019 target of 6 percent in the third quarter or over the next year, analysts warn, but government economists are slightly more optimistic as they expect stimulus to help stave off a sharper slowdown.
19 September 2019, 18:00 PM

Bank of Japan leaves policy unchanged after Fed rate cut

The Bank of Japan on Thursday warned of increasing downside risks for the global economy but held off on further easing, even as European and US peers loosen their credit grip.
19 September 2019, 18:00 PM

Apples rot in Kashmir orchards as lockdown puts economy in tailspin

It’s harvest time, but the market in the northern Kashmiri town of Sopore - usually packed with people, trucks and produce at this time of year - is empty, while in orchards across India’s Jammu and Kashmir state unpicked apples rot on the branch.
19 September 2019, 18:00 PM

Oil prices sink as quick Saudi output recovery seen

Oil prices sank more than five percent on Tuesday, reversing some of the previous day’s gains as analysts predicted Saudi output would recover sooner than expected after weekend drone attacks.
18 September 2019, 18:00 PM

Britain hopes for trade deal with Australia within months of Brexit

Britain’s Trade Minister Liz Truss said on Wednesday she expects to complete a wide-ranging trade deal with Australia within months of exiting the European Union.
18 September 2019, 18:00 PM

India to invite bids from global coal miners before end of 2019

India plans to invite bids from global firms for the first time for coal mining blocks before end-2019, sources familiar with the matter said, a move that would end Coal India Ltd’s near-monopoly for the fuel as the nation tries to cut imports.
18 September 2019, 18:00 PM

Hong Kong’s summer of protests leaves economy bruised and battered

As pro-democracy protests grind on for a fourth month, Hong Kong has been left counting the cost, with the city’s tourist industry battered and businesses forced to lay off staff as they struggle to stay afloat.
18 September 2019, 18:00 PM

US lawmakers urge Trump to restore India’s trade privileges

Forty-four members of the US Congress have urged President Donald Trump’s trade representative to restore trade concessions to India, saying the withdrawal of the privilege had led to retaliatory tariffs from New Delhi which were hurting US industry.
18 September 2019, 18:00 PM

How to choose the best life insurance policy

Though we all hope for a stable future, we hardly can predict what lies in the future. Buying a life insurance is an important financial decision to make specially if you have dependants who might face financial hardship in your absence or due to any event that severely affects your income generation capability.
18 September 2019, 18:00 PM

India scraps import tax on open cell panels in boost for TV makers

India has scrapped a tax on imports of open cell TV panels, used to make television displays, in a move likely to boost television manufacturing in the country and counter incentives offered by nations such as Vietnam.
18 September 2019, 18:00 PM

Facebook oversight board won’t have mandate to change policy

Facebook Inc will allow a new outside oversight board to make final decisions on whether individual pieces of content can be displayed on the social media site, but the group won’t be able to make policy changes, the company said on Tuesday.
18 September 2019, 18:00 PM

France pledges billions in fight to halt start-up drain

How do you stop European tech firms from moving to the US once they start eyeing the big time? Part of the solution is finding them access to funding at home.
18 September 2019, 18:00 PM

Huawei expects to see revenue uplift from 5G roll-out next year

Huawei Technologies expects the roll-out of next-generation 5G wireless networks to start contributing to the firm’s revenue from next year when China launches services, the company’s deputy chairman said on Wednesday.
18 September 2019, 18:00 PM