Economy

Arab states send Qatar 13 demands to end crisis, official says

Arab states send Qatar 13 demands to end crisis, official says

Four Arab states boycotting Qatar over alleged support for terrorism have sent Doha a list of 13 demands including closing Al Jazeera television and reducing ties to Iran, an official of one of the four countries said.

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Australia shares flat, banks curb gains; New Zealand down

Australia shares flat, banks curb gains; New Zealand down

Australian shares were flat on Fridaywith financial stocks falling after an Australian state imposeda surprise tax on the countrys five biggest banks, while gainsin materials and healthcare stocks kept the index afloat.

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Touted sea change in Indonesia shipping network may hit choppy waters

Touted sea change in Indonesia shipping network may hit choppy waters

* Indonesia has ambitious plans to overhaul port network* But still needs billions of dollars in financing* $2.5 bln revamp of main port seen

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China s ICBC says checks of loans by big acquirers are routine

China s ICBC says checks of loans by big acquirers are routine

Industrial and Commercial Bank of China (ICBC) said on Friday its checks of loans to companies that made overseas acquisitions is routine, following reports that the regulator had ordered lenders to assess credit extended to a handful of highly acquisitive firms.

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We have four post-Brexit trading options

We have four post-Brexit trading options

There are four dimensions to the UK’s future trading relationship with the EU and the rest of the world.

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Stop taking business resilience post-Brexit for granted

Stop taking business resilience post-Brexit for granted

Today marks the one year anniversary of the EU referendum.

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Republicans unveil nonsensical healthcare reform bill to replace Obamacare

Republicans unveil nonsensical healthcare reform bill to replace Obamacare

Nobody knew that healthcare could be so complicated,” Donald Trump declared, 38 days into his presidency.

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UPDATE 1-Bank-taxing Australian PM challenges state bank levy

UPDATE 1-Bank-taxing Australian PM challenges state bank levy

Australian Prime Minister Malcolm Turnbull on Friday challenged a surprise decision by South Australia state to impose its own tax on banks, amid investor fears his federal governments bank levy could unleash a wave of new imposts on lenders.

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UPDATE 1- Bailout  Buffett burnishes  lender of last resort  image

UPDATE 1- Bailout Buffett burnishes lender of last resort image

It took less than 24 hours for Warren Buffett, one of the worlds savviest dealmakers, to make a C$360 million (US$272 million) paper profit by propping up a major Canadian lender on life support.

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UPDATE 1-Four of Canada s biggest banks are key Trans Mountain lenders: filings

UPDATE 1-Four of Canada s biggest banks are key Trans Mountain lenders: filings

Four of Canadasbiggest banks are the largest providers of C$5.5 billion ($4.16billion) in credit for Kinder Morgan Canada Ltds TransMountain pipeline expansion project, the company said inregulatory filings on Thursday.

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