News

Sat, 09 Sep 2017 06:13:22 GMT

Chinese producer prices surge in August

China's National Bureau of Statistics reported on Saturday that its PPI jumped 6.3% year-over-year last month, up from July's rise of 5.5%.

Sat, 09 Sep 2017 04:54:49 GMT

Earthquake in Mexico kills at least 61

At least 61 casualties were reported after the 8.1 magnitude earthquake, the strongest in 85 years, hit the southern states of Chiapas and Oaxaca in Mexico late Thursday.

Sat, 09 Sep 2017 04:54:23 GMT

China, France agree to pressure North Korea to resume negotiations

The Chinese President Xi Jinping agreed with his French counterpart Emmanuel Macron to increase international pressure on North Korea and resolve the conflict with negotiations.

Sat, 09 Sep 2017 04:00:13 GMT

Philippines defers trade with North Korea to comply with UN resolution

The Foreign Secretary of the Philippines said on Friday that the country had suspended trade with North Korea to comply with the latest UNSC resolution over its missile tests.

Sat, 09 Sep 2017 03:57:12 GMT

China's PPI reaches four-month high in August

The National Bureau of Statistics of China reported on Saturday that the Producer Price Index increased 5.5% month-on-month in August, driven by a rise in raw material prices.

Fri, 08 Sep 2017 19:55:15 GMT

Hurricane Irma intends to cause widespread power outages

There is a fear that hurricane Irma may cause the most widespread outages ever experienced in Florida'. State's officials reported that residents should be prepared to go days or weeks without power.

Fri, 08 Sep 2017 19:55:03 GMT

Congress approves Trump's big deal with Democrats

The House of Representatives approved a wide-ranging measure on Friday to provide $15B in aid to Hurricane Harvey victims that included raising the US debt limit and funding the government until December.

Fri, 08 Sep 2017 18:59:52 GMT

New Russian Ambassador wants to improve relations with US

Russia's newly appointed ambassador to the US, has met the US President Donald Trump, reporting that the meeting took place in a warm and friendly atmosphere.

Fri, 08 Sep 2017 18:50:14 GMT

36 die in Mexico's strongest earthquake in 85 years

One of the most powerful earthquakes ever to strike Mexico with the magnitude 8.1 hit the southern coast of Mexico, killing at least 36 people. 

Fri, 08 Sep 2017 17:56:38 GMT

Kroger reports weaker quarterly profits

The largest US supermarket owner Kroger reported that its quarterly profits came in below expectations, being hit by an escalating grocery price war.

Fri, 08 Sep 2017 17:56:12 GMT

Zimbabwe to compile fresh voter register

On Friday, the President of Zimbabwe Robert Mugabe said the country was set to start compiling a fresh voter register as soon as next week.

Fri, 08 Sep 2017 17:03:13 GMT

Hurricane Irma approaches Florida

Local authorities called on the state's residents to leave the evacuation zones as the Hurricane Irma, one of the most devastating in a century, drives towards Florida.

Fri, 08 Sep 2017 17:02:39 GMT

Moscow to regulate Bitcoin circulation

The Russian Finance Minister Anton Siluanov said the country's Finance Ministry was willing to regulate circulation of Bitcoin involving the state's citizens and companies.

Fri, 08 Sep 2017 16:03:17 GMT

Canada's Q2 capacity utilisation rate beats estimates

Canada's industries performed at 85.0% of their capacity over the course of the second quarter compared with the 83.2% rate registered in the Q1, Statistics Canada reported.

Fri, 08 Sep 2017 16:02:40 GMT

US wholesale inventories up 0.6% in July

The US Commerce Department reported on Friday that the country's wholesale inventories surged 0.6% in July, missing analysts' expectations for a 0.4% uptick.

Fri, 08 Sep 2017 15:10:23 GMT

Canada's unemployment rate drops to 6.2% last month

Data published by Statistics Canada revealed that the country's unemployment rate slipped 0.1% to settle at 6.2% over the course of the prior month.

Fri, 08 Sep 2017 15:09:02 GMT

Canadian employment up 0.1% in August

According to the data released by Statistics Canada on Friday, the number of employed people in the country rose 0.1%, or 22.2K, over the month of August.

Fri, 08 Sep 2017 13:09:14 GMT

BOI Governor urges government to safeguard against economy overheating

The Governor of the Central Bank of Ireland Philip Lane advised the government to run a fiscal surplus in the upcoming years to safeguard against an overheated Irish economy.

Fri, 08 Sep 2017 12:54:38 GMT

Lane says ECB policy to remain loose due to inflation

Philip Lane said on Friday that the European Central Bank is to maintain its loose monetary policy until Euro zone's inflation reaches the established target rate.

Fri, 08 Sep 2017 12:10:30 GMT

Erdogan asks US to review charges against former minister

The Turkish President Tayyip Erdogan urged the US on Friday to re-consider charges against the country's former Economy Minister Zafer Caglayan for violating US-Iran sanctions.

Fri, 08 Sep 2017 12:01:21 GMT

US stock futures fall in response to Hurricane Irma

The US stock futures weakened on Friday due to possible financial implications Hurricane Irma, the strongest storm ever recorded in the Atlantic Ocean, could cause to Florida.

Fri, 08 Sep 2017 10:55:41 GMT

Malaysia expects migrants

Malaysian authorities have announced that they will welcome the Rohingya Muslims from Myanmar. The coast guard has been instructed to let the refugees pass.

Fri, 08 Sep 2017 10:55:32 GMT

Said Aramco prepares for IPO

Saudi Aramco is set to disclose its financials next year. It has been announced that the company needs record profits to score two trillion US Dollar evaluation. That has been recently doubted due to low oil prices.

Fri, 08 Sep 2017 10:15:15 GMT

UN will deploy troops to Libya

Up to 250 peacekeepers will be deployed to Libya. Their duties will mainly consist of guarding the UN base.

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