U.K. Prime Minister Boris Johnson agreed a new Brexit deal which was unanimously backed by European Union leaders on Thursday, but must now fight to secure approval from British MPs in a vote on Saturday if he is to succeed in taking Britain out of the bloc on October 31.
Northern Ireland's Democratic Unionist Party , the coalition partner of Johnson's ruling Conservative party, has affirmed that it will vote against the deal. The prime minister will need to secure the backing of hardline Brexiteers within his party along with 23 moderates he expelled from the party last month for voting to prevent a no-deal exit.
Asian markets mostly declined on Friday after China's GDP figures showed the economy grew by 6% in the third quarter compared to a year ago, slightly slower than expected. Earnings season remains in focus, with French automaker Renault on Thursday cut its 2019 revenue outlook and profit forecasts citing slowdowns in Turkey and Argentina, while the likes of Nestle and Unilever indicated sales have subsided in China and India.
Very critical
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MarketWatch - 🏆 3. / 97 Read more »