News

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Thu, 26 Oct 2017 04:29:17 GMT

Trump to declare national emergency on opioid abuse

The US President Donald Trump is planning to issue an emergency declaration next week on opioid abuse, as part of the country's efforts to fight its drug crisis.

Thu, 26 Oct 2017 03:30:48 GMT

Japan to propose strategic talks with US, Australia and India

Japan is expected to propose strategic negotiations among leaders of the US, Australia and India, aiming at preventing China's expansion under the Belt and Road Initiative.

Thu, 26 Oct 2017 03:30:24 GMT

Trump: Russia hurts US efforts on North Korea issue

Donald Trump stated that it would be more easily for the US to suspend the North Korea's nuclear program if the country had better relationships with Russia.

Thu, 26 Oct 2017 01:54:27 GMT

Microsoft, GE to announce deeper partnership

Microsoft and General Electric are due to announce closer partnership, including their Azure cloud platform and Predix application, respectively, made for industrial companies

Thu, 26 Oct 2017 01:53:11 GMT

South Korea's GDP to reach 3% growth pace in 2017

The economy of South Korea could post a 3% expansion in 2017, if the country's GDP shrinks slightly in the fourth quarter, the Bank of Korea's official said.

Wed, 25 Oct 2017 20:03:12 GMT

Senator Flake expects more Republicans to speak out against Trump

Jeff Flake, the US Senator, stated on Wednesday that he expected more Republican colleagues clamor against Donald Trump's policies.

Wed, 25 Oct 2017 20:02:57 GMT

US drone kills seven al Qaeda members in Yemen

The US drone strike has killed seven al Qaeda members suspected in central Yemen, security sources reported on Wednesday.

Wed, 25 Oct 2017 19:23:56 GMT

US September new home sales rise unexpectedly

Data released by the Census Bureau on Wednesday revealed new residential sales improved unexpectedly in September, jumping to the highest level in around 10 years.

Wed, 25 Oct 2017 19:22:28 GMT

US oil refinery inputs average over 16M barrels a day

In the week ended October 20, US crude oil refinery inputs averaged around 16M barrels per day, nearly 568K barrels a day more that in the preceding week.

Wed, 25 Oct 2017 14:56:50 GMT

BoC: Labour market remains sluggish despite job gains

The Bank of Canada said the country's labour market had not yet picked up speed despite solid job gains; however, wage growth could accelerate in response to labour shortage.

Wed, 25 Oct 2017 14:54:06 GMT

BoC keeps interest rates steady at 1%

The Bank of Canada maintained its overnight rate target at 1% on Wednesday, adding that reduced monetary stimulus did not offset future risks and uncertainties for the economy.

Wed, 25 Oct 2017 14:06:47 GMT

EU 27 to hold talks on future ties with Britain

The remaining EU states are set to launch internal discussions on Wednesday over the transition period and future relations with London after Britain's withdraw from the bloc.

Wed, 25 Oct 2017 13:57:58 GMT

Carlyle Group names new CEOs as founders quit

On Wednesday, Carlyle Group named Kewsong Lee and Glenn Youngkin as its new co-Chief Executives as the company's co-founders William Conway and David Rubenstein stepped down from their roles.

Wed, 25 Oct 2017 13:29:14 GMT

UK May to keep fighting against US tariffs on Bombardier jets

The UK Prime Minister Theresa May vowed on Wednesday to keep on fighting against the US decision to impose tariffs on the Bombardier CSeries aircraft after Boeing's competition complaint.

Wed, 25 Oct 2017 13:23:28 GMT

Citigroup to hire 20 bankers amid return to Saudi Arabia

Citigroup is planning to hire about 20 bankers as it re-enters Saudi Arabia and is set to begin operations in its Q1, after receiving the Saudi investment banking licence.

Wed, 25 Oct 2017 12:17:29 GMT

Coca-Cola posts 38% jump in Q3 profit

On Wednesday, Coca-Cola reported strong third quarter results showing its profit surged 38% amid growing demand for its tea, coffee and Sprite in North America.

Wed, 25 Oct 2017 12:08:27 GMT

France set to ratify CETA trade accord in 2018

French Parliament is planning to ratify the Comprehensive Economic and Trade Agreement with Canada in the next year's second half.

Wed, 25 Oct 2017 11:18:37 GMT

Catalonia to be forced out of EU if gets independence

Spain's Economy Minister stated on Wednesday that Catalonia's independence would make it out of the Euro Area and the European Union, which would definitely hurt the regional economy.

Wed, 25 Oct 2017 11:17:32 GMT

VW head unaware of price-fixing in cartel probe

Volkswagen CEO Matthias Mueller stated that he was unaware of a price-fixing to be the part of the alleged conspiracy between German carmakers.

Wed, 25 Oct 2017 09:50:47 GMT

Canada decreases government budget deficit

The government of Canada has decreased the deficit projection of the country's budget from 28.5 billion Canadian Dollars to 19.9 billion CAD.

Wed, 25 Oct 2017 09:50:08 GMT

Kurds suspend independence drive

After the Iraqi forces seized a key city from the Kurdish forces the Kurds have agreed to suspend their independence effort and begin talks with the Iraqis.

Wed, 25 Oct 2017 09:32:00 GMT

Bain sees steady growth in global luxury market

According to Bain & Co, the Chinese and millennial consumers are helping boost global sales of luxury personal goods by 6% in 2017 to a forecasted $308B.

Wed, 25 Oct 2017 09:18:06 GMT

India agrees to negotiate Afghanistan with Kabul, US

India agreed to hold talks with Kabul and the United States over Afghanistan, its Foreign Minister Sushma Swaraj stated after meeting the US State Secretary Rex Tillerson on Wednesday.

Wed, 25 Oct 2017 08:33:36 GMT

Spain seeks to avoid economic harm to Catalonia

The Spanish government is trying to avoid economic damage to its wealthy region of Catalonia that may be caused by the Article 155 trigger, Spain's PM stated on Wednesday.

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