News

Tue, 17 Oct 2017 05:09:46 GMT

OPEC's compliance rate amounts to 86%

On Tuesday, the International Energy Agency Executive Director Fatih Birol noted that members of the OPEC reached a compliance rate with their supply cut promises of nearly 86%.

Tue, 17 Oct 2017 04:27:41 GMT

US presumes direct talks with North Korea

On Tuesday, the Deputy Secretary of State John J. Sullivan said that the United States and its allies want to resolve a problem made by North Korea through diplomatic means and do not exclude possibility of direct talks with Pyongyang.

Tue, 17 Oct 2017 04:27:10 GMT

Oil price surge to $58.47

During Monday's trading session oil prices increased to $58.47 a barrel, as Iraqi military started to seize the city of Kirkuk from Kurdish forces.

Tue, 17 Oct 2017 02:58:54 GMT

New Zealand inflation growth jumps in Q3

New Zealand's inflation picked up 0.5% in the Q3, with a 1.9% yearly increase, which was unlikely to alter the Central Banks' intention to maintain interest rates unchanged for years.

Tue, 17 Oct 2017 02:58:02 GMT

Japan, US to cooperate against North Korea

Japan and the US agreed to cooperate against the increasing threat of North Korea, but failed to gap differences on issues of trade in the course of bilateral economic talks.

Tue, 17 Oct 2017 02:08:34 GMT

Singapore exports decline unexpectedly in September

Singapore's exports dropped 1.1% in September, the first on-year decline in five months, as shipments of electronics marked their first decrease in a year.

Tue, 17 Oct 2017 02:07:49 GMT

No Brexit deal to raise Britons' bills by $345 a year

The UK households will have to pay $345 higher bills a year for clothing, food and transport, if the country's government fails to strike a free trade deal with EU.

Mon, 16 Oct 2017 19:55:04 GMT

Israel approves new Hebron settler homes

Israeli authorities approved permits for 31 settler homes in Hebron of the occupied West Bank for the first time since 2002.

Mon, 16 Oct 2017 19:52:36 GMT

Taliban peace talks resume

On Monday, Afghanistan, Pakistan, China and the US met in Oman to resume peace talks with the Taliban.

Mon, 16 Oct 2017 18:55:14 GMT

Apple's iPhone 7 outsells iPhone 8

Capital Markets reported on Monday that Apple's iPhone 7 was outselling the new iPhone 8 in the US and UK ahead of the iPhone X launch.

Mon, 16 Oct 2017 18:50:56 GMT

Mexican Finance Minister says NAFTA puts pressure on Peso

The Mexican Finance Minister Jose Antonio Meade reported on Monday that the Peso's depreciation was triggered by the high level of uncertainty surrounding the NAFTA renegotiation.

Mon, 16 Oct 2017 17:52:47 GMT

EU reaffirms support for Iran nuclear deal

On Monday, the European Union backed the Iran nuclear deal despite the US President Donald Trump's criticism.

Mon, 16 Oct 2017 17:51:48 GMT

Republicans and Democrats to fix health insurance market

On Monday, the US President Donald Trump reported that both Republicans and Democrats were working on a temporary fix for the health insurance market.

Mon, 16 Oct 2017 17:17:26 GMT

US Supreme Court to review antitrust claims against American Express

The US Supreme Court reported that it would review antitrust complaints accusing American Express of prohibiting merchants from promoting the use of credit cards with lower fees.

Mon, 16 Oct 2017 17:09:09 GMT

Prominent investigative journalist dies in car bomb attack

Malta's prominent investigative reporter Daphne Caruana Galizia has been killed today in a car bomb attack.

Mon, 16 Oct 2017 15:59:42 GMT

New York Manufacturing Index hits 30.2 in October

The Federal Reserve Bank of New York's Empire State Manufacturing Index came in at 30.2 in October, surging from 24.4 points registered over the previous month.

Mon, 16 Oct 2017 15:59:13 GMT

Canada's foreign securities purchases down in August

Data released by Statistics Canada showed the country's international transactions in securities totalled $9.85B in August, a significant drop from $23.9B observed in July. 

Mon, 16 Oct 2017 15:20:26 GMT

EA19 trade surplus hits €16.1B in August

Eurostat reported on Monday that the Euro zone posted a €16.1B surplus in international trade in goods over the month of August, compared with a €17.5B surplus recorded a year ago.

Mon, 16 Oct 2017 15:19:49 GMT

German wholesale prices jump 0.6% in September

According to the data released by Destatis on Monday, the German Wholesale Price Index advanced 0.6% over the course of September.

Mon, 16 Oct 2017 13:57:31 GMT

JPMorgan triggers new payments network

On Monday, JPMorgan Chase & Co launched its new payments processing networks, using the blockchain technology, in its partnership with the RBC and Australia and New Zealand Banking Group.

Mon, 16 Oct 2017 13:57:17 GMT

Daimler commits over $118M to help reshape company

Daimler committed over $118M to help create certain legal entities for the Daimler Trucks and Mercedes-Benz cars divisions in attempt to facilitate the company's eventual break up.

Mon, 16 Oct 2017 12:55:14 GMT

20 die in Portugal wildfires

No less than 20 people were killed in widespread wildfires across Portugal, starting from Sunday that forced the authorities to declare a state of emergency in the Tagus river's region.

Mon, 16 Oct 2017 12:55:03 GMT

BlackBerry shares drop as another top executive quits

On Monday, BlackBerry shares plunged almost 4% to $11.12 after another senior executive, a licensing director Victor Schubert, stepped down from his post.

Mon, 16 Oct 2017 12:20:16 GMT

Sprint, T-Mobile to announce merger deal without asset sales

T-Mobile and Sprint are aimed at merger deal without any asset divestitures, as the companies aim to secure their cost synergies and spectrum holdings before regulators demand for concessions.

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