News

Wed, 06 Sep 2017 11:21:10 GMT

Oil prices climb after Harvey

During Wednesday's trading session oil prices increased ignoring the fact that Gold Coast refineries were reopening and the Storm Harvey was retreating.

Wed, 06 Sep 2017 09:59:35 GMT

German election candidate walks out of debate

A top candidate in the German election left during the middle of a TV debate on Tuesday. The candidate was from the anti-immigration party Alternative for Germany.

Wed, 06 Sep 2017 09:58:48 GMT

European shares continue to fall

European shares continued to decline on Wednesday, as the European Central Banking meeting was upcoming and tensions in Korea continue to influence risk assets.

Wed, 06 Sep 2017 09:10:48 GMT

Indonesians protest against Myanmar violence

On Wednesday, thousands of Indonesians gathered together in Jakarta to protest against the Rohingya Muslims' genocide in Myanmar.

Wed, 06 Sep 2017 09:03:11 GMT

Cryan asks ECB to reconsider its policy

On Wednesday, the Deutsche Bank's CEO John Cryan asked the European Central Bank to change its easy-money provision policy due to formation of multiple economic bubbles in real estate, bond and stock markets.

Wed, 06 Sep 2017 08:08:35 GMT

China represents key element in North Korean crisis

On Wednesday, the British Defence Secretary Michael Fallon said that China represents the key to resolving the North Korean crisis and has to do more to help to resolve it.

Wed, 06 Sep 2017 08:08:00 GMT

Moon says he and Putin have understanding on North Korea

On Wednesday, the South Korean President Moon Jae-in said that he and Vladimir Putin agreed that resolving the North Korean crisis remains a top priority for further development of the East Asia region.

Wed, 06 Sep 2017 07:14:42 GMT

Nissan launches improved Leaf version

Nissan Motor Co Ltd introduced on Wednesday an improved version of its electric vehicle Leaf with an extended driving range, thus providing a clear competitor to Tesla's Model 3.

Wed, 06 Sep 2017 06:58:53 GMT

Florida residents prepare for Hurricane Irma

Florida residents continue their preparations for Hurricane Irma - a Category 5 storm which has been given the highest hurricane ranking ever used by US forecasters.

Wed, 06 Sep 2017 06:03:30 GMT

Toshiba to construct new facility in Japan

Toshiba Corp is to construct a semiconductor manufacturing facility in northern Japan, even despite its efforts to sell a memory chip unit for additional funds.

Wed, 06 Sep 2017 05:54:43 GMT

Central American countries, Mexico urge US to protect ‘Dreamers'

Mexico, El Salvador and Guatemala plan to lobby US lawmakers to safeguard the rights of the so-called 'Dreamers', following Trump's discard of the DACA immigration program.

Wed, 06 Sep 2017 05:25:24 GMT

China encourages foreign insurers

Chinese officials are set to encourage foreign firms, which are planning to enter the Chinese market.

Wed, 06 Sep 2017 05:24:41 GMT

Brexit might be reversible

Former conservative minister Michael Heseltine has announced that Britain could still reverse the Brexit process.

Wed, 06 Sep 2017 04:21:03 GMT

North Korea prepares for more tests

One of North Korean top officials on Tuesday announced to the United Nations that the country has more „gift packages" for the United States.

Wed, 06 Sep 2017 04:20:15 GMT

Wal-Mart starts layaway program

In an effort to profit from the demand for gifts Wal-Mart Stores Inc have already started their holiday layaway program.

Wed, 06 Sep 2017 02:56:53 GMT

Australian economy reveals solid growth in June quarter

The Australian Bureau of Statistics reported that the country's GDP rose 0.8% in the Q2, matching analysts' estimates, helped by higher commodity prices and rising business confidence.

Wed, 06 Sep 2017 02:55:59 GMT

Japan real wages drop sharply, raising pressure on consumer spending

Real wages in Japan fell 0.3% year-over-year in July, as summer bonus payments dropped, causing doubts on the sustainability of enhancing consumer spending.

Wed, 06 Sep 2017 02:17:03 GMT

HP Enterprise revenue rises surprisingly on networking demand

Hewlett Packard Enterprise reported an unexpected increase in revenue, which rose 3% to $6.76B in the June quarter, boosted by higher sales of networking equipment.

Wed, 06 Sep 2017 02:16:28 GMT

Fed's Kaplan still confident on need of trimming balance sheet

The Fed President Robert Kapan stated that damages from Hurricane Harvey could slow US economic growth, but it was not a reason to cancel plans for trimming balance sheet.

Tue, 05 Sep 2017 20:07:30 GMT

Vitamin World to file for bankruptcy protection

On Tuesday, the Vitamin World's CEO Michael Madden said that company plans to file for bankruptcy protection in an attempt to terminate a number of costly lease agreements.

Tue, 05 Sep 2017 20:07:15 GMT

US, UK push China to do more on North Korean crisis

In a telephone conversation on Tuesday, the UK Prime Minister Theresa May and the US President Donald Trump agreed that China must do more to convince North Korea to stop its nuclear tests.

Tue, 05 Sep 2017 19:14:06 GMT

Trump highlights denuclearization priority for North Korea

According to the White House, the US President Donald Trump continues to consider denuclearization of the Korean Peninsula, as the top priority in its response to the latest North Korean nuclear test.

Tue, 05 Sep 2017 19:13:40 GMT

Venezuela arrests nine PDVSA managers

According to sources close to the matter, Venezuelan authorities have arrested the state oil company's PDVSA nine executives, including the western region's boss Gustavo Malave.

Tue, 05 Sep 2017 18:21:35 GMT

Tronc acquires New York Daily News

On Tuesday, the Tronc Inc disclosed its acquisition of the 100-year-old New York Daily News tabloid from Mort Zuckerman, which gave it an access into the American top media market.

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