News

Note: This section contains information in English only.
Wed, 06 Sep 2017 15:13:36 GMT

Bank of Canada surprises with rate hike

On Wednesday, the Bank of Canada raised its Overnight Rate to 1.00% from 0.75%, surprising markets that expected the BoC to remain on hold.

Wed, 06 Sep 2017 13:59:27 GMT

EU court: all states must take refugees

On Wednesday, the highest EU court reignited an argument between the eastern and western states, ruling that all EU countries must take refugees.

Wed, 06 Sep 2017 13:59:11 GMT

Canadian labour productivity slips in Q2 of 2017

Statistics Canada reported on Wednesday that labour productivity of the country's businesses inched 0.1% down over the course of the second quarter.

Wed, 06 Sep 2017 13:14:29 GMT

US trade deficit comes in at $43.7B

The US Census Bureau and the Bureau of Economic Analysis reported on Wednesday that the country's trade deficit was up $0.1B to come in at $43.7B in July.

Wed, 06 Sep 2017 13:13:27 GMT

Canadian trade deficit totals $3.0B in July

Data released by Statistics Canada revealed that Canada's trade deficit narrowed to $3.0B over the month of July from $3.8B deficit registered in June.

Wed, 06 Sep 2017 11:51:20 GMT

German state premier backs a new VW CEO idea

The forecasted to be premier of Lower Saxony has announced that the next Volkswagen CEO should be an outsider to the automotive industry.

Wed, 06 Sep 2017 11:49:53 GMT

Syrian army secures Deir al-Zor corridor

The armed forces of the Syrian state on Wednesday continued to fight to secure the suddenly created corridor to Deir al-Zor, as ISIS attempted to counter-attack.

Wed, 06 Sep 2017 11:21:41 GMT

Cameroon food crisis worsens

By Wednesday the crop eating armyworms have destroyed more than 37,000 hectares of agriculture in the northern part of Cameroon, worsening the food crisis of the country.

Wed, 06 Sep 2017 11:21:10 GMT

Oil prices climb after Harvey

During Wednesday's trading session oil prices increased ignoring the fact that Gold Coast refineries were reopening and the Storm Harvey was retreating.

Wed, 06 Sep 2017 09:59:35 GMT

German election candidate walks out of debate

A top candidate in the German election left during the middle of a TV debate on Tuesday. The candidate was from the anti-immigration party Alternative for Germany.

Wed, 06 Sep 2017 09:58:48 GMT

European shares continue to fall

European shares continued to decline on Wednesday, as the European Central Banking meeting was upcoming and tensions in Korea continue to influence risk assets.

Wed, 06 Sep 2017 09:10:48 GMT

Indonesians protest against Myanmar violence

On Wednesday, thousands of Indonesians gathered together in Jakarta to protest against the Rohingya Muslims' genocide in Myanmar.

Wed, 06 Sep 2017 09:03:11 GMT

Cryan asks ECB to reconsider its policy

On Wednesday, the Deutsche Bank's CEO John Cryan asked the European Central Bank to change its easy-money provision policy due to formation of multiple economic bubbles in real estate, bond and stock markets.

Wed, 06 Sep 2017 08:08:35 GMT

China represents key element in North Korean crisis

On Wednesday, the British Defence Secretary Michael Fallon said that China represents the key to resolving the North Korean crisis and has to do more to help to resolve it.

Wed, 06 Sep 2017 08:08:00 GMT

Moon says he and Putin have understanding on North Korea

On Wednesday, the South Korean President Moon Jae-in said that he and Vladimir Putin agreed that resolving the North Korean crisis remains a top priority for further development of the East Asia region.

Wed, 06 Sep 2017 07:14:42 GMT

Nissan launches improved Leaf version

Nissan Motor Co Ltd introduced on Wednesday an improved version of its electric vehicle Leaf with an extended driving range, thus providing a clear competitor to Tesla's Model 3.

Wed, 06 Sep 2017 06:58:53 GMT

Florida residents prepare for Hurricane Irma

Florida residents continue their preparations for Hurricane Irma - a Category 5 storm which has been given the highest hurricane ranking ever used by US forecasters.

Wed, 06 Sep 2017 06:03:30 GMT

Toshiba to construct new facility in Japan

Toshiba Corp is to construct a semiconductor manufacturing facility in northern Japan, even despite its efforts to sell a memory chip unit for additional funds.

Wed, 06 Sep 2017 05:54:43 GMT

Central American countries, Mexico urge US to protect ‘Dreamers'

Mexico, El Salvador and Guatemala plan to lobby US lawmakers to safeguard the rights of the so-called 'Dreamers', following Trump's discard of the DACA immigration program.

Wed, 06 Sep 2017 05:25:24 GMT

China encourages foreign insurers

Chinese officials are set to encourage foreign firms, which are planning to enter the Chinese market.

Wed, 06 Sep 2017 05:24:41 GMT

Brexit might be reversible

Former conservative minister Michael Heseltine has announced that Britain could still reverse the Brexit process.

Wed, 06 Sep 2017 04:21:03 GMT

North Korea prepares for more tests

One of North Korean top officials on Tuesday announced to the United Nations that the country has more „gift packages" for the United States.

Wed, 06 Sep 2017 04:20:15 GMT

Wal-Mart starts layaway program

In an effort to profit from the demand for gifts Wal-Mart Stores Inc have already started their holiday layaway program.

Wed, 06 Sep 2017 02:56:53 GMT

Australian economy reveals solid growth in June quarter

The Australian Bureau of Statistics reported that the country's GDP rose 0.8% in the Q2, matching analysts' estimates, helped by higher commodity prices and rising business confidence.

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