Kuwait’s economic reforms face domestic opposition

  When Kuwait’s ruling emir opened the parliamentary session last year, he urged lawmakers not to allow higher oil prices to hold back economic reforms needed “to protect future generations”. But changing the culture of entitlement is difficult for s...
  • September 10, 2019
  • 22 Views

Car industry drags global manufacturing into sharp slowdown

  Global manufacturing is experiencing its sharpest and most geographically widespread downturn in at least six years, as the US-China trade war weighs on factories around the world. The manufacturing slowdown is the main factor dragging on the globa...
  • September 9, 2019
  • 24 Views

Saudi Arabia signals oil production cuts will stay

  Saudi Arabia’s new energy minister has moved to reassure oil markets that production cuts co-ordinated with Opec and Russia would remain in place, as the kingdom accelerates plans for a listing of its state-owned oil company. In the first public co...
  • September 9, 2019
  • 27 Views

Mexico’s ‘overly optimistic’ budget raises concern

  Mexico’s government has unveiled what it called a “realistic but conservative” 2020 budget that targets a 2 per cent rise in economic growth and a wave of social spending, but analysts warned that some of its key assumptions were too optimistic. Ar...
  • September 9, 2019
  • 21 Views

Markets Live: Monday, 9th September 2019

  11:05 am And welcome to Markets Live, FT Alphaville’s etc. 11:06 am And good to have you here, Jamie, Good to be back after a month or so of Bryce and I avoiding each other via holidays. Indeed. Though only two weeks of it involved avoiding t...
  • September 9, 2019
  • 24 Views

UK economy grows more than expected in July

  The UK economy increased more than expected in July, easing recession fears, thanks to services returning to growth. In July, the UK output grew 0.3 per cent compared with the previous month, according to data from the Office for National Statistic...
  • September 9, 2019
  • 20 Views

CIOs evaluate risks of bond negative yields

  About 30 per cent of the bonds issued by governments and companies worldwide are trading at negative yields — which means that $17tn of outstanding debt is being paid for by creditors. This bizarre reversal of normal practice has raised profound qu...
  • September 9, 2019
  • 39 Views

Greece’s Mitsotakis calls for tax cuts and reforms

  Greece’s new prime minister, Kyriakos Mitsotakis, has announced tax cuts and structural reforms aimed at rebuilding the country’s credibility with investors, after three international bailouts and a grinding eight-year recession. “Greece has turned...
  • September 8, 2019
  • 32 Views
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