News

Note: This section contains information in English only.
Wed, 04 Sep 2019 18:17:53 GMT

Fed discusses rate cut

On Tuesday, members of the Federal Reserve's Federal Open Markets Committee discussed whether a rate cut is necessary. It could be observed that the Fed currently is at a stalemate.

Wed, 04 Sep 2019 16:40:57 GMT

Italian PM approves new government

On Wednesday, the Prime Minister of Italy Guiseppe Conte was set to approve a new government, as rivaling parties in the country have made a coalition.

Wed, 04 Sep 2019 15:52:46 GMT

Deutsche Bank CEO warns about rate cut

On Wednesday, the CEO of Deutsche Bank Christian Sewing announced that an ECB cut might cause risk for the economy. Namely, the bank would attract less investors.

Wed, 04 Sep 2019 14:40:16 GMT

Boris Johnson demands election

On Wednesday, as it was expected by political analysts during the last week, Boris Johnson demanded a snap election to be held on October 15.

Wed, 04 Sep 2019 13:40:40 GMT

Scottish court favours Johnson

A Scottish court stated on Wednesday that the suspension of the UK Parliament requested by the Prime Minister Boris Johnson is not a matter of a court. Namely, the suspension was allowed to move forward.

Wed, 04 Sep 2019 12:45:56 GMT

Iran sets deadline for nuclear deal

The President of Iran Hassan Rouhani on Wednesday gave the EU two months to salvage the 2015 nuclear deal.

Wed, 04 Sep 2019 11:40:49 GMT

Iran comments on nuclear deal

On Wednesday, Iranian officials stated that Iran will return to its nuclear deal commitments, if it would get the French offered $15 billion oil sale credit line.

Wed, 04 Sep 2019 10:45:32 GMT

Johnson pushes for snap election

On Tuesday, the Parliament of the United Kingdom denied a motion put forward by Boris Johnson, which was followed by the PM's announcement that he will push for snap elections.

Wed, 04 Sep 2019 09:41:16 GMT

Amazon receives fine in France

On Wednesday, French web portal Nextinpact reported that Amazon has received a four million Euro fine in France for introduction abusive clauses in contracts with third party vendors.

Wed, 04 Sep 2019 08:40:05 GMT

Hong Kong stocks surge

As the leader of Hong Kong withdrew the extradition bill that caused recent unrest, stock indices at the Hong Kong stock exchange surged by three percent.

Wed, 04 Sep 2019 08:07:28 GMT

Hong Kong leader meets demands

On Wednesday, the leader of Hong Kong Carrie Lam announced that she is withdrawing the extradition bill that has caused unrest for the past months.

Wed, 04 Sep 2019 06:58:19 GMT

Russia's Novak comments on Saudi relations

On Wednesday, the Energy Minister of the Russian Federation Alexander Novak stated that recent changes in the Saudi Arabian Oil Ministry will not impact cooperation between the two countries.

Wed, 04 Sep 2019 06:31:34 GMT

Oil prices recover

During Wednesday's Asian trading hours, crude oil price benchmarks made a partial recovery of the losses suffered on Tuesday.

Wed, 04 Sep 2019 04:42:13 GMT

Japanese auto sales decline

Data published on Wednesday revealed that Japanese auto producers have experienced a sharp decline in sales, which mainly occurred in South Korea.

Wed, 04 Sep 2019 04:36:09 GMT

Bank of Japan's board member wants monetary easing

On Wednesday, the Board Member of the Bank of Japan Goushi Kataoka stated that the BoJ should do pre-emptive monetary easing.

Wed, 04 Sep 2019 02:41:05 GMT

France offers credit to Iran

On Tuesday, French officials proposed to offer a $15 billion credit line to Iran, if it complies with the 2015 nuclear deal.

Wed, 04 Sep 2019 02:30:18 GMT

US stocks decline on Tuesday

The US Tuesday's trading session was ended with a decline of US stock indices. The decline was attributed to the publication of first shrinkage of US factory activity since August 2016.

Tue, 03 Sep 2019 19:41:12 GMT

Huawei invests in universities

On Tuesday, Huawei announced that the company intends to spend $300 million each year on funding research at various universities.

Tue, 03 Sep 2019 18:40:13 GMT

Rosneft comments on tainted oil

State run oil giant Rosneft stated on Tuesday that Transneft did not offer a solution to the recent tainted oil crisis.

Tue, 03 Sep 2019 17:40:40 GMT

SNB declines comments on Franc's strength

On Tuesday, at the unveiling of a new note the Chairman of the Swiss National Bank Thomas Jordan declined to make any comments on the strength of the Swiss Franc despite the currency surging to a record level.

Tue, 03 Sep 2019 16:51:22 GMT

Zara distances itself from Hong Kong

Fashion brand Zara posted on social media on Tuesday that the company supports China's sovereignty over Hong Kong.

Tue, 03 Sep 2019 15:58:01 GMT

Goldman Sachs increases no deal Brexit chance

On Tuesday, Goldman Sachs increased no deal Brexit probability from 20% to 25%. Meanwhile, the scenario of no Brexit has been decreased to 30% from 35%.

Tue, 03 Sep 2019 14:43:52 GMT

Ukraine removes lawmaker immunity

The Ukrainian Verkhovna Rada on Tuesday voted to remove itself from immunity to be prosecuted. The event signals a shift to rooting out corruption, which should boost investment into the country.

Tue, 03 Sep 2019 13:50:22 GMT

Corbyn wants Brexit delay

On Tuesday, The Sun's political editor stated that the leader of the Labour Party Jeremy Corbyn favours a Brexit delay and an election on October 14.

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