News

Note: This section contains information in English only.
Sun, 11 Apr 2021 18:53:58 GMT

Powell comments on economy

On Sunday, the Chairman of the Federal Reserve Jerome Powell stated that the US economy is at an infection point.

Sun, 11 Apr 2021 18:00:05 GMT

LG Energy, SK Innovation agree $1.8B settlement

On Sunday, two of South Korea's biggest electric-vehicle battery producers SK Innovation Co and LG Energy Solution agreed on a $1.8B settlement.

Sun, 11 Apr 2021 17:00:06 GMT

Swiss FINMA asks Credit Suisse about Greensill risks

As reported by the Swiss newspaper SonntagsZeitung on Sunday, the leader of Switzerland's financial watchdog FINMA asked Credit Suisse about the risks of Greensill.

Sun, 11 Apr 2021 16:00:06 GMT

Benin votes in presidential election

On Sunday, voters in the Republic of Benin cast their ballots in a presidential election after a week of violent protests.

Sun, 11 Apr 2021 15:00:07 GMT

France can't guarantee summer holidays abroad

On Sunday, the French Minister for European Affairs Clement Beaune said that it was too early to guarantee summer holidays abroad.

Sun, 11 Apr 2021 14:00:06 GMT

Korean battery makers settle with US

On Sunday, South Korean battery makers announced a 1.8$ billion settlement with the Unites States in an ongoing trade dispute.

Sun, 11 Apr 2021 13:00:06 GMT

Fabio Panetta comments on policy

Board Member of the ECB Fabio Panetta stated on Sunday that the European Central Bank should not delay the rising of inflation.

Sun, 11 Apr 2021 12:00:05 GMT

Bitcoin reaches above 60,000

On Sunday, the price for Bitcoin reached above the 60,000 USD mark, as talks of reduced supply renewed.

Sun, 11 Apr 2021 11:02:08 GMT

Trump negotiates with Republicans

On Saturday, the US Senate minority leader Mitch McConnell met with former US President Donald Trump to discuss support for 2022 Congress elections.

Sun, 11 Apr 2021 10:00:07 GMT

Spain revises 2021 growth forecast

The Spanish government revised its economic growth forecast to 6.5% in 2021, down from 7.2%, as the country faces a third wave of the COVID-19 pandemic.

Sun, 11 Apr 2021 09:00:09 GMT

Canada unemployment rate declines

The unemployment rate in Canada declined 0.7% to 7.5% in March 2021, the lowest level in a year, a report published by the Statistics Canada shows.

Sun, 11 Apr 2021 08:00:06 GMT

Industrial activity in Mexico increases

Mexico's industrial activity increased 0.4% in February, compared to the previous month, data published by the National Institute of Statistics and Geography show.

Sun, 11 Apr 2021 07:10:09 GMT

Retail sales in Italy rise

Retail sales in Italy rose 6.6% in February, compared to the prior month, a report published by the National Statistics Institute shows.

Sun, 11 Apr 2021 06:00:08 GMT

China railway freight volume grows

China's railway freight volume increased 12% to 920M tonnes in the first three months of the current year, the national railway operator reports.

Sun, 11 Apr 2021 05:00:07 GMT

Ford sales in China rise

Ford Motor sold 153,822 vehicles in China in the first quarter of 2021, an increase of 73.3% from the same period in 2020, the Detroit News reports.

Sun, 11 Apr 2021 04:00:07 GMT

China-Brunei trade rises

Bilateral trade between China and Brunei rose 72.5% to $1.91B in 2020, the Chinese Ambassador to Brunei Yu Hong says.

Sun, 11 Apr 2021 03:00:07 GMT

Germany exports to China rise

German exports to China increased 25.7% to $10.1B in February, compared to the same period in 2020, the Federal Statistical Office reports.

Sat, 10 Apr 2021 21:13:10 GMT

UK house prices rise in March

Average house prices in the UK reached a record high of $349,671 in March 2021, the British mortgage lender Halifax reports.

Sat, 10 Apr 2021 20:00:06 GMT

Djibouti President wins election

It was announced on Sunday, that the President of Djibouti Ismail Omar Guelleh had won his fifth Presidential election.

Sat, 10 Apr 2021 19:07:58 GMT

Korean battery firms reveal trade deal

On Sunday, Reuters revealed that Korean battery production firms had come up with a solution to the ongoing trade dispute with the US.

Sat, 10 Apr 2021 18:00:06 GMT

China hits Alibaba with record fine of $2.75B

On Saturday, the Chinese regulators have hit Alibaba Group Holding with a record fine of $2.75 billion for violating anti-monopoly rules.

Sat, 10 Apr 2021 17:00:07 GMT

Yellen comments on Biden's 2022 budget plan

On Friday, the US Treasury Secretary Janet Yellen stated that President Joe Biden's 2022 budget plan would increase the overall IRS budget by $1.2B or 10.4%.

Sat, 10 Apr 2021 16:00:07 GMT

Iran and US clash on sanctions

On Friday, officials from the United States and Iran disagreed over what sanctions the US should remove before Tehran returns to the 2015 nuclear agreement.

Sat, 10 Apr 2021 15:00:07 GMT

Investors, traders look to upcoming earnings

Investors and traders are looking ahead to the upcoming US corporate earnings reports, beginning next week, as overall S&P 500 earnings are expected to have surged by 25% in the first quarter.

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