News

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Sat, 01 Sep 2018 11:59:29 GMT

Italy promises to respect EU commitments

The Economy Minister of Italy Giovanni Tria said on Saturday that his country will respect budget commitments made to the European Union and take action on concerns outlined by the Fitch rating agency.

Sat, 01 Sep 2018 11:03:52 GMT

Lavrov criticizes US sanctions

The Foreign Minister of Russia Sergei Lavrov stated on Saturday that another extension of American sanctions against his country is counter-productive, yet Moscow is ready to renew dialogue.

Sat, 01 Sep 2018 11:03:47 GMT

Chinese media warns against trade war

Qiushi, the journal of China's Communist Party, noted on Saturday that continuation of trade war with the United States might have a negative effect on financial stability, though not hindering stable growth of the economy.

Sat, 01 Sep 2018 10:09:10 GMT

EU lifts restrictions on Chinese solar panels

On Saturday, the European Union decided to revoke limitations on the sale of Chinese solar panels, thus opening door to inexpensive imports.

Sat, 01 Sep 2018 10:05:40 GMT

UK Burt visits Iran

The UK Junior Foreign Minister Alistair Burt arrived in Tehran on Saturday to meet with the Deputy Foreign Minister Abbas Araghchi to discuss trade issues and details of monetary dealings after the US withdrawal from the nuclear deal.

Sat, 01 Sep 2018 08:59:47 GMT

India will help Nepal build railway

Indian and Nepalese officials have signed an agreement to construct a railway between the capital of Nepal and the Indian border.

Sat, 01 Sep 2018 08:58:55 GMT

Bank of Japan outlays future policy

The Governor of Bank of Japan Haruhiko Kuroda on Saturday gave an interview to Yomiuri Shimbun daily, outlaying the future plans of the central bank.

Sat, 01 Sep 2018 08:28:11 GMT

Californian lawmakers help out PG&E

Californian lawmakers have passed a bill on Friday that might help Pacific Gas and Electric Corporation in avoiding liabilities for last year's wildfires.

Sat, 01 Sep 2018 06:58:00 GMT

Chinese corporate giant cuts debt

The Chinese HNA Group announced on Saturday that the corporation has cut almost eleven percent of its debt in the first half of 2018.

Sat, 01 Sep 2018 06:56:05 GMT

Philippines and Israel hold bilateral talks

During this weekend the representatives of Philippines and Israel are holding talks, which aim to boost cooperation in tourism, labour and defence.

Sat, 01 Sep 2018 06:29:56 GMT

Brazilian court bars presidential candidate from race

The top electoral court of Brazil late on Friday barred the previously jailed Luiz Inacio Lula da Silva from running in the upcoming presidential elections.

Sat, 01 Sep 2018 06:29:24 GMT

Rodrigo Duterte visits Israel

The President of the Philippines on Saturday visited for the first time Israel to conduct bilateral cooperation talks.

Sat, 01 Sep 2018 04:53:14 GMT

Chinese firm will have a $55 billion IPO

The Chinese firm Meituan Dianping has announced the indicative price for its Hong Kong IPO just below $10, which would value the company at $55B.

Sat, 01 Sep 2018 04:51:42 GMT

US accuses China of spying on LinkedIn

The representatives of the US counter-intelligence have accused Chinese agencies of using dubious LinkedIn accounts to attract Americans, who have access to US government secrets.

Sat, 01 Sep 2018 04:29:56 GMT

Bank of Japan will not hike interest rates

The head of the Bank of Japan on Saturday publicly expressed that the BOJ is not going to hike interest rates in the foreseeable future.

Sat, 01 Sep 2018 04:29:06 GMT

Apple self-driving car crashes

The auto piloted car of Apple rear ended another automobile on Friday while merging onto an expressway.

Sat, 01 Sep 2018 02:52:00 GMT

IMF issues support to Argentinian government

The International Monetary Fund issues a statement that supports the actions of the government of Argentina, indicating that the IMF might bail out the government in case of a crisis.

Sat, 01 Sep 2018 02:33:25 GMT

Canadian authorities comment on trade deal with US

The Foreign Minister of Canada Chrystia Freeland on Friday revealed that the Canadian diplomats can reach a win-win deal with United States in renegotiating NAFTA trade pact.

Sat, 01 Sep 2018 02:23:15 GMT

Argentinian Peso remains firm

After losing value heavily previously the Argentinian peso recovered late on Friday, as the Argentinian central bank auctioned off US Dollar reserves.

Sat, 01 Sep 2018 02:22:12 GMT

China will intervene in investment in auto industry

On Saturday, Chinese officials announced that they will prevent hazardous investment and redundant development in the country's auto industry.

Fri, 31 Aug 2018 19:51:38 GMT

Bank of Canada is unlikely to change rates until October

The Bank of Canada is unlikely to change interest rates, at least until October, as it is faced with the uncertainty for Canada's future trade agreement with the United States.

Fri, 31 Aug 2018 19:51:18 GMT

UK and EU talk about prospects of Brexit deal in autumn

On Friday, UK and EU negotiators discussed plans of agreeing on a Brexit deal this autumn.

Fri, 31 Aug 2018 19:03:03 GMT

Argentina Peso surges on Central Bank intervention

Argentina's Central Bank said on Friday that it would sell a significant amount of the US Dollar reserves to help the Argentine Peso to stabilize.

Fri, 31 Aug 2018 19:02:10 GMT

US Dollar strengthens, as global trade war intensified

The US Dollar extended its gains for the second consecutive trading sessions on Friday, as trade tensions between the United States and its main trading partners intensified.

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