Media In – Brussels – 30 December 2018 WAM The new EU rules to eliminate the main loopholes used in tax avoidance of multinational companies will enter into force on January 1. The European Commission said in a statement today that new rules would be introduced to eliminate the most …
Read More »he low exchange rate of the dollar and euro against the ruble on the Moscow Stock Exchange
29-12-2018 MEDIA IN \AGENCIES The exchange rate of foreign currencies / dollar and euro / against the Russian ruble fell on the Moscow Stock Exchange on the last working day of this year. The exchange rate of the US dollar against the Russian ruble fell by 5 kopek to 69.47 …
Read More »The Japanese index recorded the first annual loss since 2011
Media In \ Agencies 28-12-2018 Japan’s Nikkei closed lower on its last trading session this year on Friday, as energy-related stocks plummeted, leading the index to its first annual loss in seven years. The Nikkei <.N225> was down 0.31 percent at the end of the session to 20014.77. The benchmark …
Read More »Oil surges 3 percent despite continued concerns about oversupply
Media In \ Agencies 28-12-2018 Crude oil prices jumped nearly 3 percent to offset part of their losses in the previous session, but US stockpile growth and continued concerns about the global economy kept markets under pressure. Brent crude futures rose 2.26 percent, or $ 1.18, to $ 53.34 a …
Read More »China attracts more than $ 120 billion in foreign investment in 2018
BEIJING, Dec. 27 (Xinhua) The volume of foreign investment attracted by China in the 11 months of this year reached more than 120 billion US dollars, an increase of 1.1 percent year on year, according to data from the Ministry of Commerce. The ministry’s data showed that the number of …
Read More »US delegation to China for talks during “trade truce”
Media In \ Agencies 27-12-2018 A US government delegation is due to visit Beijing early January for the first direct talks since US President Donald Trump and his Chinese counterpart Xi Jinping agreed to a truce in the two countries’ trade war, which saw the exchange of duties on each …
Read More »Gold jumps to a 6-month high
Media In \ Agencies 26-12-2018 Gold prices jumped to a six-month high on Wednesday on concerns about global growth and a partial US government shutdown, boosting risk aversion and driving investors into precious metal as a safe haven. , The price of gold rose in spot transactions by 0.4 percent …
Read More »US crude rises after lowest level since June 2017
Media In \ Agencies 26-12-2018 Oil prices mixed on Wednesday as US crude rebounded from sharp losses in the previous session, even as concerns about the strength of the global economy, which cast a shadow over the market, continued. US crude futures were up 13 cents, or 0.31 percent, at …
Read More »US Treasury: US financial markets are functioning normally and liquidity is available
MEDIA IN \ Agencies 24 -12-2018 WASHINGTON (Reuters) – US Treasury Secretary Stephen Manuchen said he held private talks with the presidents of the six largest US banks who assured him there was enough liquidity to continue operations normally despite the closure of US government institutions and a turbulent week …
Read More »Signing two loan agreements between the Sultanate of Oman and the Arab Fund for Economic Development
Media In-Agencies 24-12 -2018 The Government of the Sultanate of Oman, represented by the Ministry of Finance and the Arab Fund for Economic and Social Development, today signed two loan agreements amounting to RO 150 million to finance a number of development projects in the Sultanate of Oman. The two …
Read More »