News

Note: This section contains information in English only.
Thu, 05 Sep 2019 10:42:14 GMT

European stocks hit high level

During the early hours of Thursday's European trading, European stock indices reached a one month high level. The move was attributed to trade optimism.

Thu, 05 Sep 2019 09:41:00 GMT

UK government caves in to Parliament

The government of the Prime Minister Boris Johnson on Thursday abandoned attempts to block the law that would stop the UK from leaving the EU.

Thu, 05 Sep 2019 08:44:13 GMT

Boris Johnson's speech details are published

On Thursday, Reuters published details of an upcoming UK Prime Minister's speech. The PM was bound to demand an election and announce that some lawmakers are betraying the voters.

Thu, 05 Sep 2019 08:03:47 GMT

Oil declines on Thursday

During Thursday's Asian trading session, crude oil price benchmarks declined, as a report on Wednesday had shown that US oil reserves have increased more than it was expected.

Thu, 05 Sep 2019 06:40:38 GMT

GM CEO meets with Trump

The Chief Executive Officer of General Motors Mary Barra on Thursday was scheduled to meet with the US President Donald Trump.

Thu, 05 Sep 2019 06:19:17 GMT

Stocks surge during Asian session

On Thursday, Asian stock indices surged, as it was confirmed that the United States and China would resume trade talks in October.

Thu, 05 Sep 2019 05:33:56 GMT

US sets duties on Mexico's, China's structural steel

The US Commerce Department stated that it imposed duties on Mexican and Chinese structural steel, as both countries dumped certain steel on the US market.

Thu, 05 Sep 2019 03:51:28 GMT

US trade deficit declines in July

The US trade deficit decreased to $54B July, down $1.5B from the revised reading of $55.5B in June, the US Commerce Department stated.

Thu, 05 Sep 2019 03:40:07 GMT

Apple to raise $7B through bond sale

Apple was looking to get $7B through a bonds set to price's sale, IFR reported, the firm's first similar issue in two years.

Wed, 04 Sep 2019 19:40:02 GMT

Ukraine discovers unpaid tax

Ukrainian authorities have discovered that the Steelmaker ArcelorMittal owes the Ukrainian government $355 million in taxes.

Wed, 04 Sep 2019 19:02:56 GMT

Germany comments on Brexit

On Wednesday, German officials stated that the lack of proposed solutions for the Irish border issue indicate that the British side is pushing for a no-deal Brexit.

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.

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