Dubai gov’t successfully taps bond market
DUBAI, Jan. 23 — The Dubai government through the department of finance issued Wednesday a 1.25-billion-U.S. dollar dual-tranche sovereign bond, the first of its kind in the Middle East in 2013, local...
View ArticleVietnam’s agro-forestry-seafood sector to post 890 mln USD trade surplus in...
HANOI, Jan. 28 — Vietnamese agricultural, forestry and seafood sector is forecast to post a trade surplus right in the first month of the year, when it export value is estimated to reach 2.17 billion...
View ArticleChina, Saudi trade reaches record high of $73.4 bln
RIYADH, Jan. 30, — The trade between China and Saudi Arabia reached the highest level of 73.4 billion U.S. dollars in 2012, an increase by 14 percent as compared with the previous year, according to Al...
View ArticleGold rises on GDP fall
CHICAGO, Jan. 30 — Gold futures on the COMEX division of the New York Mercantile Exchange rose sharply on the U.S. GDP fall Wednesday. The most active gold contract for April delivery rose 18.9...
View ArticleEgypt’s foreign reserves decline by 1.4 bln USD: central bank
CAIRO, Feb. 5 — Egypt’s foreign fund reserves declined by 1.4 billion U.S. dollars in January 2013 to 13.613 billion dollars, the Central Bank of Egypt (CBE) revealed on its official website Tuesday.
View ArticleAlgerian foodstuff imports decline by 9 pct in 2012
ALGIERS, Feb. 5 — Algeria’s foodstuff imports declined by 9 percent in 2012 to 8.98 billion U.S. dollars compared to the previous year, the Customs’ National Center for Data and Statistics (CNIS) said...
View ArticleUkraine’s foreign exchange reserves up slightly in January
KIEV, Feb. 7 — Ukraine’s foreign exchange reserves in January reached 24.652 billion U.S. dollars, up 0.4 percent or some 106 million dollars from the end of December, the National Bank said Thursday....
View ArticleU.S. trade deficit narrows to 38.5 billion U.S. dollars in December
WASHINGTON, Feb. 8 — The U.S. trade deficit edges down in December 2012 due to a rise in exports and a decrease in imports, the Commerce Department reported Friday. The total trade deficit declined to...
View ArticleU.S. wholesale inventories decline 0.1 pct in December
WASHINGTON, Feb. 8 — U.S. inventories at the wholesale level edged down in December 2012 with wholesale sales remaining flat, according to figures released Friday by the U.S. Commerce Department....
View ArticleAfrica cautioned on signing disastrous climate change deals
NAIROBI, Feb. 15 — Representatives of the African Civil Society Organizations (CSOs) and Networks coalescing under the Pan African Climate Justice Alliance (PACJA) have urged African governments not to...
View ArticleSouth Africa to push African Agenda at BRICS summit
CAPE TOWN, Feb. 20 — The South African government said on Wednesday that it will push the African Agenda at the 5th BRICS summit to be held in Durban on March 26 and 27. The summit will present a...
View ArticleIran to issue 570 mln USD of bonds to finance transport projects
TEHRAN, Feb. 21 — Managing director of Construction and Development of Transportation Infrastructure Company of Iran, Ahmad Sadeqi, said that Iran will start selling 570 million-U.S. dollar worth of...
View ArticleU.S. expects record agricultural export in 2013
WASHINGTON, Feb. 21 — The U.S. outlook for agricultural exports in 2013 will remain strong and hit record high although drought persisted in many parts of the country, projected Joseph Glauber, chief...
View ArticleU.S. Treasury begins selling GM shares on open market
CHICAGO, Feb. 25 — The U.S. Treasury has begun selling the remainder of its 19 percent stake in General Motors Corporation,according to a Detroit News report on Monday. On Jan. 18, the U.S. Treasury...
View ArticleGroupon CEO fired amid disappointing financial performance
CHICAGO, Feb. 28 — Chicago-based daily deal company Groupon Inc. fired its CEO Andrew Mason amid disappointing financial performance, local media Chicago Tribune said Thursday. The company’s Executive...
View ArticleU.S. defense chief details sequestration impact on Pentagon
WASHINGTON, March 1 — U.S. Defense Secretary Chuck Hagel on Friday used his first press conference since taking office to detail the effects of the automatic federal spending cuts, known as the...
View ArticleU.S. construction spending down 2.1 pct in January
WASHINGTON, March 1 — U.S. construction spending fell in January as private and public building activities both declined, the U.S. Department of Commerce reported Friday. Construction spending was...
View ArticleNews Analysis: Kerry’s visit likely to improve Egypt’s chances for IMF loan
by Mahmoud Fouly CAIRO, March 2 — The ongoing two-day visit of U.S. Secretary of State John Kerry to Egypt may improve Egypt’s chances for getting a suspended loan of 4.8 billion U.S. dollars from the...
View ArticleU.S. initial jobless claims dip to six-week low
WASHINGTON, March 7 — The number of Americans initially applying for unemployment aid continued to fall last week, hitting a six-week low, the Labor Department reported Thursday. The advance figure for...
View ArticleJamaica offers workers cheap loans for wage freeze
KINGSTON, March 11 — Jamaican state workers who have agreed to a wage freeze will be rewarded with a loan rate reduction for housing, the government has announced. Prime Minister Portia Simpson Miller...
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