News

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Sat, 06 May 2017 06:04:25 GMT

Trump's strategy for preventing terrorism urges allies to perform better

Donald Trump's counterterrorism strategy urges US allies to reinforce operations against Islamic militants, but admits that the threat of terrorism never be fully eliminated.

Sat, 06 May 2017 05:59:13 GMT

China, Japan to discuss protectionism, North Korea

China and Japan are set to hold bilateral talks over Asia's economic outlook due to risks coming from the US protectionist policies and concerns over North Korea.

Sat, 06 May 2017 05:02:20 GMT

Portland to ask for Uber software disclosure

The US city of Portland decided to subpoena Uber to make a disclosure of software that drivers used to evade locally based transportation regulators.

Sat, 06 May 2017 04:59:41 GMT

US, Saudi Arabia in talks on arm sales contract

The US offered multibillion-dollar arms sales contract to Saudi Arabia, ahead of Donald Trump's visit to the kingdom, which is planned this month.

Sat, 06 May 2017 03:57:54 GMT

IMF official says too early for BoJ to withdraw monetary stimulus

The economy of Japan still need to be supported from ultra-loose monetary policy even with budding recovery signs, the senior IMF official Mitsuhiro Furusawa said.

Sat, 06 May 2017 03:55:17 GMT

US Consumer Credit rise to $16.43B in March

The Board of Governors of the Fed reported that the US Consumer Credit increased to $16.43B in March, up from the downwardly revised figure of $13.75B in February.

Fri, 05 May 2017 18:01:08 GMT

Fannie Mae profits fall to $2.8B

The earnings of the largest US mortgage financier, Fannie Mae, declined to $2.8 B in the first quarter of 2017, down from $5.0B in the prior quarter.

Fri, 05 May 2017 18:00:03 GMT

Macron extends lead in French presidential campaign

The French presidential candidate Emmanuel Macron stretches his lead over his main opponent Marine Le Pen, polls show.

Fri, 05 May 2017 17:32:28 GMT

US unemployment rate declines to 4.4%

The US unemployment rate declined to 4.4% in April to the lowest level since May 2007.

Fri, 05 May 2017 17:26:51 GMT

US job growth rises sharply

The US nonfarm payrolls increased by 211T jobs in April after an increase of 79T in March, the Labour Department said on Friday.

Fri, 05 May 2017 15:51:34 GMT

Merkel wants to have good ties with UK after Brexit

Angela Merkel, the German Chancellor, called for constructive and fair negotiations with the UK over Brexit, aiming to retain a good partnership.

Fri, 05 May 2017 15:51:18 GMT

Ivey PMI climbs to 62.4 in April

The Ivey Business School reported on Friday its PMI increased to 62.4 in April, up from 61.1 observed in the preceding month, beating expectations for a 62.3 rise.

Fri, 05 May 2017 14:57:28 GMT

US NFP rise more than expected

US non-farm payrolls jumped 211K in April from the downwardly revised figure of 79K in March, surpassing analysts' expectations for a 185K increase.

Fri, 05 May 2017 14:54:08 GMT

Unemployment rate in Canada falls to 6.5% in April

Statistics Canada reported that the seasonally adjusted number of unemployed people fell to 6.5% in April, while analysts anticipated rate to be unchanged at 6.7%.

Fri, 05 May 2017 14:04:30 GMT

Turks banned from voting

German authorities announced on Friday that German Turks will not be allowed to vote in the upcoming Turkish referendum on the reintroduction of the death penalty.

Fri, 05 May 2017 14:03:32 GMT

Facebook shareholders go to court

Facebook has revealed that there is scheduled a trial for September 26 2017 for the lawsuit between Facebook shareholders and the company. The reason is the fact that Zuckerberg wants to create non-voting shares of the company.

Fri, 05 May 2017 13:23:39 GMT

North Korea accuses CIA

North Korea accused the Central Intelligence Agency and South Korean intelligence service of making a plot to assassinate the leader of the country. Supposedly the agencies paid a North Korean agent only 20,000 US Dollars on two occasions for the service.

Fri, 05 May 2017 13:20:06 GMT

Iraq army gains significant ground in Mosul

On the second day of the renewed offensive the Iraqi Army pushed further and gained a foothold in the northwestern part of Mosul. These are the latest gains in the seven month campaign against Daesh.

Fri, 05 May 2017 11:54:50 GMT

Indonesian banks show improvement in Q1

The bad loan ratio of fifteen Indonesian banks decreased in the first quarter while profits grew, thus improving their prospects for the given year.

Fri, 05 May 2017 11:54:35 GMT

Greek PM Tsipras discusses bailout agreement with legislators

The Greek Prime Minister Alexis Tsipras presented to legislators today the bailout agreement reached with the EU and the IMF on Tuesday. He added that any additional savings would be allocated to the Greeks.

Fri, 05 May 2017 11:26:06 GMT

Indonesian economy grows 5.01% in Q1

The Indonesian economy expanded at an annualised 5.01% pace in the March quarter amid higher exports of commodities and stronger oversees demand.

Fri, 05 May 2017 11:00:22 GMT

OPEC and non-OPEC countries to extend production cut deal

On Friday, the Saudi Arabian OPEC Governor said that OPEC and non-OPEC members would likely extend the production cut deal beyond June.

Fri, 05 May 2017 10:59:40 GMT

China's Finance Minister Xio Jie skips meeting with South Korea, Japan

The Chinese Finance Minister Xiao Jie missed today's meeting with his counterparts from South Korea and Japan due to domestic issues.

Fri, 05 May 2017 10:05:04 GMT

Asian policymakers: protectionism to compromise global growth

In a statement released on Friday, policymakers from major Asian states warned that a shift to protectionism is set to pose downward risks to growth prospects in the world.

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