News

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Fri, 22 Dec 2017 06:31:01 GMT

Reuters poll: Japanese core CPI steady in November

A poll conducted by Reuters showed on Friday that Japan's core Consumer Price Index for November has likely risen 0.8% year-over-year, unchanged from the previous month.

Fri, 22 Dec 2017 06:25:56 GMT

Bitcoin tumbles below $14,000 mark

On Friday, the Bitcoin slipped below the $14,000 level, down approximately 30% from its record high of around $20,000 registered at the beginning of the week.

Fri, 22 Dec 2017 05:30:30 GMT

Japan Display denies reports of seeking funds

On Friday, the Japanese smartphone screen manufacturer Japan Display released a statement denying the reports that the firm was seeking funds.

Fri, 22 Dec 2017 05:29:51 GMT

Alphabet's Schmidt to resign

Alphabet reported that its Executive Chairman Eric Schmidt was set to resign next month, finishing his 17-year service on the post.

Fri, 22 Dec 2017 03:52:28 GMT

Japan approves $860B spending in 2018/19 fiscal year

Cabinet of Japan's PM Shinzo Abe endorsed a record $860B spending budget for 2018/19 financial year, with aggressive monetary policy keeping borrowing costs at lower levels.

Fri, 22 Dec 2017 03:51:54 GMT

Nike's weakness in North America to weigh on quarterly revenue

Nike forecasted current-quarter revenue growth to be muted, pointing to the company's struggle to return market share in North America from Adidas.

Fri, 22 Dec 2017 03:20:23 GMT

Lloyds: Britain's business confidence at five-month high this month

Lloyds Bank's survey showed that confidence among businesses in the UK appreciated to the strongest level since July in December, as companies anticipated 2018 to be busy.

Fri, 22 Dec 2017 03:19:19 GMT

Facebook, Universal Music reach multi-year licensing agreement

Facebook and Universal Music announced a global deal that would allow users to upload music videos from library of Universal across the social network as well as Oculus and Instagram.

Thu, 21 Dec 2017 20:55:14 GMT

Boeing holds takeover talks with Embraer SA

Sources close to the matter reported on Thursday that Boeing held takeover talks with Brazil's plane-maker Embraer SA.

Thu, 21 Dec 2017 20:52:48 GMT

Russia says there is no reason for US to remain in Syria

The Russian President Vladimir Putin's envoy in Syria stated on Thursday that there was no reason for US troops to remain in Syria.

Thu, 21 Dec 2017 19:54:37 GMT

Mood of Euro zone shoppers improves

Eurostat reported that its Consumer Confidence Index came in at 1 in December, marking the highest reading since January 2001.

Thu, 21 Dec 2017 19:54:01 GMT

US house prices rise 0.5% in October

The US FHFA reported on Thursday that its House Price Index rose 0.5% in October, while analysts expected an increase of 0.4%.

Thu, 21 Dec 2017 18:51:23 GMT

Philly Fed PMI rises unexpectedly in December

The Philly Fed reported on Thursday that its PMI for the region came in at 26.2 in December, up from the preceding month's 22.7, while analysts anticipated a slight decrease to 21.5.

Thu, 21 Dec 2017 18:50:46 GMT

Canadian retail trade improves in October

Official data released on Thursday showed that Canadian core retail sales jumped 0.8% in October, following the prior month's upwardly revised gain of 0.4%.

Thu, 21 Dec 2017 18:30:05 GMT

US economy grows at 3.2% rate in Q3

The Bureau of Economic Analysis reported that the US economy expanded at a 3.2% annual rate in the September quarter, slightly below the prior estimate.

Thu, 21 Dec 2017 18:29:17 GMT

Canadian inflation remains weak last month

Statistics Canada reported that headline consumer prices rose 0.3% in November, whereas core consumer prices dropped 0.1%.

Thu, 21 Dec 2017 16:51:18 GMT

Royal Dutch Shell to purchase UK's First Utility

Royal Dutch Shell Plc is set to buy First Utility, a British supplier of gas and electricity, in an attempt to expand its UK market, the company explained on Thursday.

Thu, 21 Dec 2017 16:50:37 GMT

Mexico's inflation reaches 6.69% year-on-year in December

Mexico's annual inflation reached 6.69% early in December, thus putting negative pressure on the country's central bank to keep borrowing costs at high levels.

Thu, 21 Dec 2017 15:55:15 GMT

EIB grants €32M to Krakow

The European Investment Bank has granted two loans worth around €32M to the Polish city of Krakow on Thursday in order to improve its infrastructure and living standards.

Thu, 21 Dec 2017 15:54:36 GMT

Finma says JPMorgan breached AML rules when dealing with 1MDB

The Swiss Financial Market Supervisory Authority said on Thursday that JPMorgan Chase & Co's unit in Switzerland had breached anti-money laundering rules when dealing with 1MDB.

Thu, 21 Dec 2017 15:30:51 GMT

Nestle seeks to sell US confectionery unit in Q1

Nestle expects selling its US confectionery business in the Q1 of 2018 amid the company's intention to explore some business strategic options, which made it to divest the unit.

Thu, 21 Dec 2017 15:19:30 GMT

Mexico and EU near new free trade agreement

Mexico and the European Union are about to reach a free trade agreement, after the both side resolve some issues like hammering out the agriculture access, they stated on Thursday.

Thu, 21 Dec 2017 14:35:24 GMT

Nokia signs smartphone patent licence deal with Huawei

Huawei and Nokia clinched a smartphone patent license patent accord with the Chinese Huawei, the companies stated on Thursday.

Thu, 21 Dec 2017 14:25:21 GMT

US initial jobless claims jump 20K last week

The number of applications for US unemployment benefits surged 20K to 245K in the week ending December 16, topping analysts' expectations for a 232K rise.

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