News

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Sat, 09 Dec 2017 05:52:52 GMT

China's November PPI at four-month low

Data released by the National Bureau of Statistics of China revealed that producer price inflation in the country slowed to four-month low over the course of November.

Sat, 09 Dec 2017 05:24:48 GMT

Nikkei: Japan to revise upwards its growth outlook

On Saturday, the Nikkei newspaper reported that Japan was to revise upwards its economic growth outlook for this and next fiscal years.

Sat, 09 Dec 2017 05:23:32 GMT

Chinese CPI disappoints in November

The National Bureau of Statistics of China reported on Saturday the country's CPI was up 1.7% y/y in November, missing expectations for a 1.8% reading.

Fri, 08 Dec 2017 20:56:44 GMT

Bulgaria: border treaty revision to do no good to regional stability

The Foreign Ministry of Bulgaria said any revision of the border treaty between Turkey and Greece would not be beneficial for the regional stability.

Fri, 08 Dec 2017 20:55:16 GMT

Temer loses his Minister of Political Affairs

On Friday, the President of Brazil Michel Temer accepted the resignation of the Minister of Political Affairs, as the Brazilian Social Democratic Party had decided to quit the ruling coalition.

Fri, 08 Dec 2017 20:18:45 GMT

Trump tweets about possible fine hikes against Wells Fargo

On his Twitter account, the US President Donald Trump wrote that government penalties against the state's third-biggest bank Wells Fargo could be increased.

Fri, 08 Dec 2017 20:17:28 GMT

Iberiabank to pay $11.69M to settle mortgage guarantee claims

On Friday, the US Justice Department reported Iberiabank agreed to pay $11.69M to settle allegations of false claims for federal loan guarantees on mortgages submission.

Fri, 08 Dec 2017 19:18:29 GMT

Poland's lower house passes judiciary council changes

On Friday, the Polish lower house backed alterations to the state's National Judiciary Council as a part of a major court system overhaul in the country.

Fri, 08 Dec 2017 19:16:50 GMT

Dina Powell to step down in early 2018

The White House reported on Friday that the US President Donald Trump's Deputy National Security Adviser Dina Powell is planning to step down early next year.

Fri, 08 Dec 2017 18:25:15 GMT

UoM consumer sentiment worsens in December

The University of Michigan December Consumer Sentiment Index worsened for the second consecutive month, dipping to 96.8 points from the upwardly-revised 98.5-point reading recorded in November.

Fri, 08 Dec 2017 18:23:24 GMT

US unemployment rate holds steady

The US Bureau of Labour Statistics revealed on Friday the country's unemployment rate held steady at 4.1% over the course of November.

Fri, 08 Dec 2017 16:53:33 GMT

Muslims hold protest rallies against Trump's Jerusalem decision

Thousands of Muslims all around the world rally against the US President Donald Trump's decision to recognize Jerusalem al-Quds as the capital of the Israeli regime.

Fri, 08 Dec 2017 16:53:24 GMT

Russia ready to influence on North Korea

The Russian Deputy Foreign Minister reported on Tuesday that Russia was ready to influence on North Korea through its' opened communication channels.

Fri, 08 Dec 2017 15:55:31 GMT

Spotify and Tencent Music agree to exchange shares

Music streamer Spotify announced on Friday that had agreed to buy a stake in China's Tencent Music Entertainment, which in turn would purchase an equity stake in Spotify.

Fri, 08 Dec 2017 15:55:22 GMT

Wells Fargo sanctions on ice under US consumer watchdog

The head of the US consumer finance watchdog reviews Wells Fargo & Co case whether the company should pay tens of millions of dollars on alleged mortgage lending abuse.

Fri, 08 Dec 2017 15:33:10 GMT

Putin, Erdogan to meet on Monday for talks over Syria

The leaders of Russia and Turkey Vladimir Putin and Tayyip Erdogan are set to meet on December 11 to hold talks over Syria and Jerusalem.

Fri, 08 Dec 2017 15:23:58 GMT

Iranian Defence Minister to visit Moscow soon

Iran's Defence Minister Amir Hatami is set to visit Russia in the nearest future to hold talks with his Russian counterpart, according to the RIA news outlet's report on Friday.

Fri, 08 Dec 2017 14:34:01 GMT

Zimbabwe Electoral Commission head resigns

The chairwoman of Zimbabwe Electoral Commission Rita Makarau stepped down, a few months before a vote, giving no reason for her leave, the government's official source reported on Friday.

Fri, 08 Dec 2017 14:03:54 GMT

VW stops T6 multivan deliveries over emissions issue

On Friday, Volkswagen announced it had halted deliveries of its T6 multivan, after finding the vehicle emitted excessive levels of toxic nitrogen oxide.

Fri, 08 Dec 2017 13:29:30 GMT

China set to conduct economic census next year

China is scheduled to hold a new census in 2018 to clarify the economic picture, seeking to cover all companies in the secondary and services sector.

Fri, 08 Dec 2017 13:21:00 GMT

Steinhoff shares drop 50% on Friday

Shares in Steinhoff plunged 50% to its 14-year low on Friday, after Moody's had cut its credit rating, causing misgivings about its governance.

Fri, 08 Dec 2017 12:00:30 GMT

JPMorgan Chase to offer price cuts to banking customers

The JPMorgan Chase CEO Jamie Dimon has taken customer pricing hints from Amazon.com that gives extras to the Prime subscribers, seeking to offer its banking customers more price discounts.

Fri, 08 Dec 2017 12:00:17 GMT

China's ride-hailing giant Didi to expand in Mexico

Uber's Chinese rival Didi Chuxing is planning to enter the Mexican market next year, following talks over the company's global ambitions, the sources familiar with the matter reported.

Fri, 08 Dec 2017 11:11:25 GMT

EU's Barnier says only option for Brexit deal is EU-Canada model

The EU's chief negotiator Michel Barnier noted on Friday that the only trade model that corresponds with Britain's terms is an agreement similar to the one the EU has with Canada.

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