NEW YORK, Sept 22, (APP/AFP) – Wall Street stocks finished a choppy day little changed as investors weighed how seriously to take increasingly heated rhetoric between US President Donald Trump and North Korea’s Kim Jong-Un. Trump, who threatened earlier this week to “totally destroy” North Korea, went after the country’s leader again Friday on Twitter […]
Business News
US stocks little change as Trump, Kim exchange threats
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hina confirms will limit oil exports to North Korea
BEIJING, Sept 23, (APP/AFP) – China will limit exports of refined petroleum products to North Korea starting October 1, its commerce ministry said, confirming Beijing’s participation in new UN sanctions intended to rein in its rogue neighbour. The United Nations Security Council, including permanent member Beijing, approved tough sanctions against Pyongyang last week in response […]
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EU sign deal to streamline insurance regulation
WASHINGTON, Sept 23, (APP/AFP): The United States and the European Union signed an agreement Friday to streamline regulations on international insurance and reinsurance companies, and free up capital for investments, a deal that was 20 years in the making. The governments said the deal, negotiated by former US president Barack Obama’s administration and announced just […]
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Kenya’s 2018/2019 fiscal budget to hit 29 bln USD
NAIROBI, Sept 15 (APP/Xinhua): Kenya’s budget for the 2018/2019 financial year is expected to hit 29 billion U.S. dollars, up from the 26 billion dollars for the current financial year, officials said on Friday. Principal Secretary in the National Treasury Kamau Thugge told participants in a budget forum in Nairobi that approximately 19 billion dollars […]
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Govt’s concerted efforts bring significant improvement in power situation: PM
ISLAMABAD, Sep 6 (APP): Prime Minister Shahid Khaqan Abbasi on Wednesday said as a result of the concerted efforts by present government, power situation had improved significantly saving people from the inconvenience of unscheduled and forced loadshedding. The Prime Minister observed this while chairing a meeting of the Cabinet Committee on Energy here at the […]
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Asian markets mostly up as volatile week draws to close
HONG KONG, Sept 1, (APP/AFP) – Asian markets headed into the weekend on a cautious note Friday, bringing an end to a volatile week, with eyes now fixed on the release of key US jobs data and the impact of deadly storm Harvey. Traders were given another positive lead from Wall Street, where all three […]