economy

Japan's Nikkei stock index .N225 was 0.2 percent higher, while Australian shares eased 0.3 percent.

Amazon considering opening up to 3,000 cashierless stores by 2021: Bbg Sep 20 2018 | 8 hrs ago

Amazon did not immediately respond to a request for comment.

Alibaba's Jack Ma goes back on promise to create one million U.S. jobs: Xinhua Sep 20 2018 | 9 hrs ago

Ma said that trade tensions between the United States and China could last for two decades and would be “a mess” for all parties involved.

U.S. current account deficit decreases to 2.0 percent of GDP Sep 19 2018

The U.S. current account deficit decreased in the second quarter as goods exports rose, the Commerce Department said on Wednesday in a report that also showed U.S. firms paid about $169 billion in dividends from repatriated earnings.

Yemen central bank nearly doubles interest rate to halt riyal plunge Sep 19 2018

Yemen’s central bank, based in territory controlled by its exiled government, nearly doubled its interest rate on Wednesday in an effort to stabilize the riyal after violent demonstrations against a plunging currency.

Government appoints four members to local boards of RBI Sep 19 2018

Rakesh Jain and Sachin Chaturvedi are among four people appointed members in local boards of the Reserve Bank of India (RBI), according to an official order issued.

Rising liquidity issues in ILFS credit negative for Indian banks: Moody's Sep 19 2018

Moody's Investors Service Wednesday said rising liquidity issues in ILFS, which has recently defaulted on repayment of Rs 100 crore, are credit negative for Indian banks.

RBI relaxes ECB norms to prop up rupee Sep 19 2018

The Reserve Bank of India (RBI) on Thursday liberalised some aspects of the external commercial borrowings (ECBs) policy including those related to rupee-denominated bonds to help check rupee depreciation.

India considers dollar window for oil firms, bonds to ease rupee pressure: Source Sep 19 2018

India is considering asking the central bank to offer dollars directly to oil marketing companies or through a state-run bank, a government source said on Thursday, as part of steps to stem a fall in the rupee.