The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Some of Japan’s biggest trading houses reported bumper profits and flagged more to come as …
Read More »Japan’s trading houses reaping bumper profits from commodities
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Global equities pare weekly loss on China reopening rally
Global equities trimmed a weekly loss as Chinese shares surged amid signs that authorities are …
Read More »Czechs stick to stable rates mantra as longer recession looms
The Czech central bank confirmed a preference for keeping borrowing costs stable, defying its new …
Read More »RBI starts pilot program of its digital currency
India’s central bank started a pilot program of its digital currency, allowing select banks to …
Read More »ING plans $1.47bn buyback as one-off charges hit profit
ING Groep NV said it will buy back as much as €1.5 billion ($1.47 billion) …
Read More »Recession alone won’t tame inflation: Lagarde
European Central Bank (ECB) President Christine Lagarde warned that a “mild recession†is possible but …
Read More »PBOC reaffirms pledge to make yuan more flexible
The People’s Bank of China’s (PBOC) Governor Yi Gang reaffirmed a pledge to make the …
Read More »China preparing plan to end Covid-19 flight suspensions
China is working on plans to scrap a system that penalises airlines for bringing virus …
Read More »Nestlé shuns price hikes as Indonesians tighten purse strings
Nestlé, one of the top consumer goods suppliers in Indonesia, will avoid raising prices further …
Read More »Airline passengers happier now than before Covid despite delays
Airline passengers are still happier with service standards now than before the coronavirus crisis, despite …
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