Canada’s economic growth slowed in the third quarter on declines in motor vehicle purchases and housing investment, underpinning market expectations that the Bank of Canada will not hike interest rates next week.
Canada economic growth slows in third-quarter, December rate hike seen off cards
Turkish traders, businessmen and economic officials have, in their statements, announced that they do not approve of unilateral US sanctions against Iran and will not abide by them, said the secretary general of Iran-Turkey Joint Chamber of Commerce.
Official: Turkish businessmen, officials do not approve of US sanctions on Iran
China, India, Japan and South Korea imported about 762,000 barrels per day (bpd) in October from Iran, according government and ship-tracking data.
Asia's Iran oil imports top 760,000 bpd in October
Bank Melli Iran (BMI) dismissed a claim by US Treasury's Office of Foreign Assets Control (OFAC) that it has been funneling 'billions of dollars' to its branch in Iraq to fund militias.
BMI rejects US claims of illegal money transfer to Iraq
The head of the World Trade Organization (WTO) has said global free trade is facing its ‘worst crisis’ since 1947.
WTO: ‘Worst crisis in trading system since 1947’
Oil’s on track for its worst month in a decade on growing fears over a global supply glut that’s been exacerbated by American waivers to Iranian crude buyers.
Oil poised for worst month in 10 years on specter of supply glut
Japan’s factory output grew the most in October since 2015, rebounding from a fall in the prior month caused by natural disasters, though manufacturers face a tough road ahead in the face of increasing risks from global trade frictions.
Japan factory output expands most since 2015, but outlook dims
South Korea's Central Bank on Friday raised the country's policy rate to a 3 1/2-year high of 1.75 percent.
South Korean Central Bank raise key rate to 1.75%
Russia’s President Vladimir Putin says current oil prices around $60 a barrel are “absolutely fine” for his country two weeks after he said he favored a level of $70 for Russia.
Putin says favors oil at $60 per barrel
Iran's exports during March 21-October 22, 2018, surpassed $27 billion, said an official of Trade Promotion Organization (TPO) on Wednesday.
Iran's seven-month exports exceeded $27b

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