Archive of 2 September 2019
PM Imran khan says not to use nuclear weapons first amid tensions with India
Sep 02, 2019ISLAMABAD: Pakistan will not use nuclear weapons first, Prime Minister Imran Khan said on Monday, amid tensions with arch-rival India after New Delhi revoked the...
Pound dives as UK election speculation mounts before Brexit showdown
Sep 02, 2019LONDON: Sterling fell sharply on Monday as Boris Johnson summoned his ministers for an emergency meeting, fuelling expectations the prime minister was preparing to call...
Kenya’s central bank approves Kenya’s KCB Group acquisition of NBK
Sep 02, 2019NAIROBI: Kenya's central bank on Monday approved KCB Group's acquisition of National Bank of Kenya. KCB is Kenya's biggest lender by assets. Lenders in the East...
White House to propose expedited death penalty for perpetrators of mass shootings
Sep 02, 2019SHANNON: US Attorney General William Barr has drafted legislation that would speed the death penalty for people who have committed mass murder, a White House...
Italy and ECB rate-cut bets push down short-dated bond yields
Sep 02, 2019LONDON: Short-dated euro zone government bonds outperformed on Monday, with Italy leading the way as political uncertainty eased and speculation grew that the European Central...
South African rand flat as investors await GDP data
Sep 02, 2019JOHANNESBURG: South Africa's rand traded sideways on Monday, with investors holding fire ahead of second quarter economic growth figures that could help gauge the future...
Oil slips as US, China add more tariffs in trade war
Sep 02, 2019HOUSTON: Oil prices weakened on Monday after new tariffs imposed by the United States and China came into force, raising concerns about a further hit...