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Brent crude falls below $110 a barrel

Singapore: Brent crude fell below $110 a barrel on Friday after talks in the United States to avert a budget crisis stalled, reviving worries about demand in the world’s biggest oil consumer.

Republican lawmakers failed to back an effort to head off $600 billion worth of indiscriminate tax hikes and spending cuts that threaten to push

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Anticipating economic yields from Bahrain’s summit

All eyes are fixed on the 33rd summit of the Gulf Cooperation Council (GCC) countries due to be held in Bahrain this week. It is hoped that GCC leaders will not overlook economic issues whilst discussing outstanding socio-political challenges in the region and beyond.

At stake is addressing issues related to primary integrating economic projects,

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Japan economy stable, after downgrades

Tokyo: Japan’s economy condition stopped worsening, the outgoing government said on Friday in a monthly report, but it remains weak enough to justify a nudge from monetary and fiscal stimulus planned by the newly elected administration.

In the last monthly assessment produced before Shinzo Abe’s cabinet takes over on December 26, the g

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Anticipating economic yields from Bahrain’s summit

All eyes are fixed on the 33rd summit of the Gulf Cooperation Council (GCC) countries due to be held in Bahrain this week. It is hoped that GCC leaders will not overlook economic issues whilst discussing outstanding socio-political challenges in the region and beyond.

At stake is addressing issues related to primary integrating economic projects,

Register to read more...

China heralds its ‘new urbanisation model’

Dubai: As the year ends, China has got its agenda clear for 2013. The annual Central Economic Work conference, which gives a definite indication of the economic priorities of the new year, ended this weekend — zeroed down to a ‘new urbanisation model’, more consumption and ‘restrained reform’ to sustain growth. The message hit the mark as the Shang

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