The Saudi government is working to accelerate the listing process for Saudi Aramco's initial public offering on the Saudi stock exchange to around two weeks, an executive from NCB Capital said on Sunday.
Saudi Arabia's state oil company kicked off its initial public offering (IPO) on Sunday by announcing its intention to float on the Riyadh bourse.
By Rania El Gamal, Marwa Rashad, Saeed Azhar and Davide Barbuscia
Saudi Aramco chairman, Yasir al-Rumayyan, expects strong demand from global institutions for Aramco's initial public offering (IPO), he told Al Arabiya news channel.
Leaders from China and Southeast Asia states called for swift agreement on what could become the world's largest trade bloc at a regional summit on Sunday, but new demands from India left officials scrambling to salvage progress.
Here's why the former Trump administration official in charge of student debt is now calling for most of the debt to be cancelled.
Thailand said on Sunday that Southeast Asian nations are committed to signing a pact by February 2020 on forging what could become the world's largest trade bloc, even after new demands by India dealt a blow to the process backed by China.
Wall Street stocks have climbed to record highs as worries over U.S.-China trade relations and the Federal Reserve's monetary policy have receded, but cautious investors have been sticking with technology shares and some defensive stocks over value stocks and more speculative plays such as IPOs.
By Rania El Gamal, Marwa Rashad, Saeed Azhar and Davide Barbuscia
U.S. Commerce Secretary Wilbur Ross said licenses for U.S. companies to sell components to China's Huawei Technologies Co will come "very shortly," in an interview with Bloomberg published on Sunday.
U.S. Commerce Secretary Wilbur Ross said the United States may not need to impose tariffs on imported vehicles later this month after holding "good conversations" with automakers in the European Union, Japan and Korea, in an interview with Bloomberg published on Sunday.
Just sticking with your previous choices could be a costly mistake.
U.S. Commerce Secretary Wilbur Ross said licenses for U.S. companies to sell components to China's Huawei Technologies Co will come "very shortly," in an interview with Bloomberg published on Sunday.
The United States may not need to impose tariffs on imported vehicles later this month after holding "good conversations" with automakers in the European Union, Japan and Korea, U.S. Commerce Secretary Wilbur Ross said in an interview published on Sunday.