News

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Tue, 29 Aug 2017 08:16:33 GMT

Japan's jobless rate remains on hold at 2.8%

The Statistics Bureau reported on Tuesday that the unemployment rate in Japan remained unchanged at 2.8% in July, meeting analysts' expectations.

Tue, 29 Aug 2017 07:34:28 GMT

Ford, Domino's tie-up on self-driving pizza delivery test

Ford Motor teamed with Domino's Pizza to launch a self-driving pizza delivery test in the US state of Michigan, in September.

Tue, 29 Aug 2017 07:25:37 GMT

New Zealand Labour Party seeks to slap tax on tourists

The opposition Labour Party of New Zealand seeks to impose a tourist tax with intention to fund new infrastructure on the back of a tourism boom and invest billions of dollars into education and health.

Tue, 29 Aug 2017 06:30:33 GMT

Shooter kills two, injures four at New Mexico library

On Monday, a young man started shooting at the New Mexico public library in a small town of Clovis, leaving at least two people dead and four more injured.

Tue, 29 Aug 2017 06:22:23 GMT

Uber to halt riders' post-trip tracking amid privacy push

Uber Tech is eager to remove a feature from its app that allows it to track any rider for five minutes after a trip, as the company faced strong criticism over its customers' privacy.

Tue, 29 Aug 2017 05:01:31 GMT

South Korea to increase government spending next year

The government of South Korea revealed its plans to increase government spending to a record $383.05B in 2018 to fund growing welfare costs and create new jobs.

Tue, 29 Aug 2017 04:53:08 GMT

Dollar falls against Yen 0.4%

On Tuesday, the American Dollar fell 0.4% against the Japanese Yen to ¥108.81, as North Korea fired another ballistic missile that flew over and landed near the island of Hokkaido.

Tue, 29 Aug 2017 04:26:38 GMT

Oil surges to $52.09 amid supply disruptions

On Tuesday, crude oil price rose 0.4% to $52.09 a barrel amid another supply disruptions in Libya and Colombia.

Tue, 29 Aug 2017 04:19:59 GMT

Pence to meet Minister Aso next Monday

On Tuesday, the Japanese Finance Minister Taro Aso said that he would fly to the United States from September 4 to informally discuss with the US Vice President Mike Pence various economic and trade issues.

Tue, 29 Aug 2017 02:52:39 GMT

Trump sees US very protective of Baltics

US President Donald Trump stated that the US was very protective of the Baltic region in the face of Russian-Chinese naval exercise in the Baltic Sea.

Tue, 29 Aug 2017 02:52:05 GMT

Japan agrees with Trump to raise pressure on North Korea

Japan's PM Shinzo Abe announced that he reached an agreement with the US President Donald Trump to higher pressure on North Korea following its latest missile launch

Tue, 29 Aug 2017 02:06:38 GMT

NY State Department to fine Habib Bank $630M

The New York regulator of financial services is set to fine Pakistan's Habib Bank up to $630M for failures of sanctions compliance and antimoney laundering.

Tue, 29 Aug 2017 02:04:38 GMT

GE shifts targets, strategy for digital business

General Electric wanted its industrial software business to diminish costs and increase profits in 2018 under new CEO, while expanding partnerships.

Mon, 28 Aug 2017 19:55:56 GMT

EU's Barnier concerned about slow pace of Brexit

The chief negotiator for the European Union Michel Barnier shared his concerns on Monday about the slow pace of Brexit talks that hindered the discussion of future relationship.

Mon, 28 Aug 2017 19:54:40 GMT

Canada's PM vows to remain in NAFTA despite Trump's statement

The Canadian Prime Minister Justin Trudeau said on Monday that Canada would remain in NAFTA even despite the US President Donald Trump's threats to abandon the agreement.

Mon, 28 Aug 2017 19:04:31 GMT

Merkel, Macron urge Russia and Ukraine to respect ceasefire agreement

The French President Emmanuel Macron and the German Chancellor Angela Merkel urged Russia and Ukraine on Monday to respect the previously-agreed ceasefire agreement.

Mon, 28 Aug 2017 19:03:54 GMT

Pakistani and Chinese officials discuss stability in Afghanistan

The Pakistani Foreign Secretary Tehmina Janjua met the Chinese Special Envoy on Afghan Affairs Deng Xijun on Monday to discuss measures how to implement stability in Afghanistan.

Mon, 28 Aug 2017 17:53:19 GMT

IEA says emergency oil supplies not needed yet

The International Energy Agency explained on Monday that emergency oil supplies were not yet needed to offset damage caused by Hurricane Harvey due to sufficient global reserves.

Mon, 28 Aug 2017 17:51:59 GMT

Source: Khosrowshahi likely to accept Uber's offer

Dara Khosrowshahi, the Chief Executive Officer of Expedia Inc, was likely to accept the offer to become the CEO of Uber Technologies Inc, as reported by Reuters on Monday.

Mon, 28 Aug 2017 17:11:40 GMT

Fitbit introduces new Ionic smartwatch

Fitbit launched on Monday its newest Ionic smartwatch with fitness tracking and contactless payment - a watch considered to be a strong competition for such companies as Apple Inc.

Mon, 28 Aug 2017 17:10:16 GMT

Catalonian parties prepare for referendum in October

Catalonian pro-independence parties said on Monday they would continue legal preparations for an independence referendum in October, strictly opposed by the Spanish government.

Mon, 28 Aug 2017 15:51:59 GMT

US trade gap in goods widens more than expected in July

The US Bureau of Economic Analysis reported that the country's trade deficit in goods rose to $65.0B last month, up from June's gap of $64.0B, whereas analysts anticipated an increase to $64.5B.

Mon, 28 Aug 2017 15:51:31 GMT

Mood of Italian consumers improves in August

The Italian Institute of Statistics reported that its Consumer Confidence Index hit 110.8 in August, whereas analysts expected the Index to come in at 106.9 points.

Mon, 28 Aug 2017 15:15:59 GMT

US wholesale inventories increase 0.4% last month

The US Census Bureau reported that wholesale inventories rose 0.4% in July, following the prior month's increase of 0.6% but topping expectations for a 0.3% gain.

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