The economy of South Korea could post a 3% expansion in 2017, if the country's GDP shrinks slightly in the fourth quarter, the Bank of Korea's official said.
Jeff Flake, the US Senator, stated on Wednesday that he expected more Republican colleagues clamor against Donald Trump's policies.
The US drone strike has killed seven al Qaeda members suspected in central Yemen, security sources reported on Wednesday.
Data released by the Census Bureau on Wednesday revealed new residential sales improved unexpectedly in September, jumping to the highest level in around 10 years.
In the week ended October 20, US crude oil refinery inputs averaged around 16M barrels per day, nearly 568K barrels a day more that in the preceding week.
The Bank of Canada said the country's labour market had not yet picked up speed despite solid job gains; however, wage growth could accelerate in response to labour shortage.
The Bank of Canada maintained its overnight rate target at 1% on Wednesday, adding that reduced monetary stimulus did not offset future risks and uncertainties for the economy.
The remaining EU states are set to launch internal discussions on Wednesday over the transition period and future relations with London after Britain's withdraw from the bloc.
On Wednesday, Carlyle Group named Kewsong Lee and Glenn Youngkin as its new co-Chief Executives as the company's co-founders William Conway and David Rubenstein stepped down from their roles.
The UK Prime Minister Theresa May vowed on Wednesday to keep on fighting against the US decision to impose tariffs on the Bombardier CSeries aircraft after Boeing's competition complaint.
Citigroup is planning to hire about 20 bankers as it re-enters Saudi Arabia and is set to begin operations in its Q1, after receiving the Saudi investment banking licence.
On Wednesday, Coca-Cola reported strong third quarter results showing its profit surged 38% amid growing demand for its tea, coffee and Sprite in North America.
French Parliament is planning to ratify the Comprehensive Economic and Trade Agreement with Canada in the next year's second half.
Spain's Economy Minister stated on Wednesday that Catalonia's independence would make it out of the Euro Area and the European Union, which would definitely hurt the regional economy.
Volkswagen CEO Matthias Mueller stated that he was unaware of a price-fixing to be the part of the alleged conspiracy between German carmakers.
The government of Canada has decreased the deficit projection of the country's budget from 28.5 billion Canadian Dollars to 19.9 billion CAD.
After the Iraqi forces seized a key city from the Kurdish forces the Kurds have agreed to suspend their independence effort and begin talks with the Iraqis.
According to Bain & Co, the Chinese and millennial consumers are helping boost global sales of luxury personal goods by 6% in 2017 to a forecasted $308B.
India agreed to hold talks with Kabul and the United States over Afghanistan, its Foreign Minister Sushma Swaraj stated after meeting the US State Secretary Rex Tillerson on Wednesday.
The Spanish government is trying to avoid economic damage to its wealthy region of Catalonia that may be caused by the Article 155 trigger, Spain's PM stated on Wednesday.
On Tuesday, Toyota Motor stated that it would scale back the investment in Mexico plant by 30% to $700M, cutting planned annual capacity to 100K vehicles.
Nissan Motor stated on Wednesday that it had received over 9K orders for a new Leaf electric vehicle model in Japan, beating company's expectations.
The US State Secretary Rex Tillerson is set to arrive in India on Wednesday to meet its PM Narendra Modi, as both countries seek to deepen strategic and economic ties, amid China's rising influence in Asia.
Goldman Sachs is planning its private equity expansion with intention to offset the latest trading declines and finance small, promising firms in the nearest future.