ECONOMY

May’s government promises improved access to local markets while maintaining existing duty-free access for ‘everything but arms’

High tariffs, inadequate intellectual property rights safeguards, and inconsistent and non-transparent licensing and regulatory practices among issues highlighted in a letter from leading congressmen

Naspers spends about $500m on mergers and acquisitions a year

Tokyo’s moves aim to minimise Brexit’s impact on Japanese companies

Policymakers urged to take advantage of improving economic outlook and its surprisingly negligible effect on inflation

Since his April meeting with Xi, Trump has toned down anti-China rhetoric

Composite Purchasing Managers’ Index dropped to a five-month low of 55.7

Finance Ministry aims to raise up to 1.5b Egyptian pounds in the first year

Currency slumped to the weakest level in three decades on Friday

Reaching a consensus will be difficult — Iran oil minister

A Catalan cabbie may be worth more than €134,000

ECB insists that it needs oversight of activities that can affect its monetary policy

Macron’s idea had faced significant opposition from Sweden, Finland and the Czech Republic

UK economic growth is forecast to pick up only modestly this quarter, to 0.3 per cent from 0.2 per cent

Season of generosity translates to more remittances to friends and family back home