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Finance

Finance
2019, December, 13, 10:25:00
NORWAY'S OIL INVESTMENT $21 BLN
Oil and gas investments in Norway are expected to rise by 3.8% next year to 194.6 billion Norwegian crowns ($21.2 billion) before declining in subsequent years, an industry lobby group said on Thursday.
Finance
2019, December, 13, 10:10:00
EU BATTERY INVESTMENT €3.2 BLN
The move by Brussels underscores growing European awareness that key industries risk falling behind if they don’t fill manufacturing gaps in energy storage technology. Lithium-ion batteries are poised to power the next generation of plug-in cars. They also promise to help balance electric grids transmitting renewable energy like wind and solar.
Finance
2019, December, 13, 10:05:00
INDONESIA'S ECONOMY GROWTH 5%
Indonesia’s GDP is projected to grow at 5.0 percent in 2019 and then rise to 5.1 percent in 2020. This projection is based on easing international trade tensions and reduced domestic political uncertainty.
Finance
2019, December, 13, 10:00:00
AUSTRALIA'S ECONOMY GROWTH 2.2%
Following growth of about 1.8 percent in 2019, the economy is expected to expand by 2.2 percent in 2020.
Finance
2019, December, 13, 09:55:00
U.S. FEDERAL FUNDS RATE 1.5- 1.75%
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee decided to maintain the target range for the federal funds rate at 1‑1/2 to 1-3/4 percent.
Finance
2019, December, 11, 10:35:00
RUSSIA'S HUMAN CAPITAL: 46%
“We also see that the human capital, at 46 percent, comprises the largest share of wealth in Russia, with the natural capital share, standing at 20 percent. As a rough approximation, we estimate that Russia's forests provide annual absorption of about 640 million tons of CO2 equivalent.”
Finance
2019, December, 11, 09:55:00
ARAMCO'S IPO $25.6 BLN
This would make Aramco's listing the world's largest, beating Alibaba's $25bn IPO at $25.6bn.
Finance
2019, December, 9, 13:10:00
IMF FOR UKRAINE: $5.5 BLN
I was pleased to note that IMF staff has reached agreement with the authorities on the policies to underpin a new 3-year, SDR 4 billion (about US$ 5.5 billion) arrangement under the Extended Fund Facility.
Finance
2019, December, 9, 12:45:00
U.S. UNEMPLOYMENT 3.5%
Total nonfarm payroll employment rose by 266,000 in November, and the unemployment rate was little changed at 3.5 percent, the U.S. Bureau of Labor Statistics reported
Finance
2019, December, 6, 13:35:00
GCC ECONOMY GROWTH 0.8%
overall real GDP growth in the GCC is estimated to drop to 0.8% this year compared with 2% last year.
Finance
2019, December, 6, 13:05:00
U.S. INTERNATIONAL TRADE DEFICIT $47.2 BLN
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $47.2 billion in October, down $3.9 billion from $51.1 billion in September,
Finance
2019, December, 6, 13:00:00
U.S. COAL COMPANIES DOWN
The market capitalization of five of the top 10 U.S. coal companies was sliced by more than half from early January to mid-November 2019.
Finance
2019, December, 4, 12:00:00
JAPAN'S INVESTMENT $230 BLN
The package would come to around 13 trillion yen ($120 billion), but that would rise to 25 trillion yen ($230 billion) when private-sector and other spending are included.
Finance
2019, December, 4, 11:55:00
SAUDI ECONOMY UP
The Saudi economy recorded its biggest increase in new work in more than four years in November according to a report from IHS Markit.
Finance
2019, December, 4, 11:50:00
SAUDI ARAMCO IPO $44.3 BLN
In total, the Saudi government plans to sell 0.5% of Aramco to individual investors and the remainder to domestic institutions and international firms registered in the kingdom, known as qualified foreign investors.