News

Wed, 30 Aug 2017 04:21:29 GMT

South Korean exports expected to increase in August

A Reuters poll on Wednesday revealed that the exports of South Korea are set to grow for the tenth consecutive month in August.

Wed, 30 Aug 2017 03:00:30 GMT

Uber pays $3.7M fine to continue operation in Philippines

Uber paid a $3.7M of fine to the government of Philippines to resume the company's operation within the country after being suspended for 15 days.

Wed, 30 Aug 2017 03:00:21 GMT

Citi expects Harvey to affect slightly US GDP growth in Q3

Citi economists revealed that the costliest of the US storms Harvey would cause a 0.1% reduction in the country's GDP growth in the third quarter.

Wed, 30 Aug 2017 02:09:14 GMT

UK May to lessen Japan's Brexit worries during three-day visit

British PM Theresa May would try to ease Japan's fears about Brexit, while being at a three-day trade visit in the country to discuss a bilateral partnership.

Wed, 30 Aug 2017 02:08:27 GMT

Japan's retail sales growth slows in July, still surpasses expectations

Retail sales growth in Japan fell from 2.2% to 1.9% year-over-year in July, but still higher that the median estimate of 1.0%, while consumers spent less on cars and clothes.

Tue, 29 Aug 2017 20:10:49 GMT

Merkel excludes coalition with far right and far left

On Tuesday, the German Chancellor Angela Merkel ruled out a possibility of formation of coalition with the Alternative for Germany as well as with the Left.

Tue, 29 Aug 2017 20:10:32 GMT

Iran denies UN inspectors access to military sites

On Tuesday, the Iranian government spokesman Mohammad Baqer Nobakht said that Iran will never allow the UN nuclear inspectors to visit its military sites regardless of any US demands.

Tue, 29 Aug 2017 19:01:30 GMT

US Galvanize to cut 11% staff

On Tuesday, the US for-profit coding school Galvanize announced its plans to fire 11% of its workforce amid in an attempt to "adjust to evolving market demands".

Tue, 29 Aug 2017 19:01:05 GMT

UK wants to discuss Myanmar violence in UNSC

On Tuesday, the UK UN Ambassador Matthew Rycroft asked the United Nations Security Council to organise a meeting tomorrow to discuss an escalating violence between security forces and insurgents in Myanmar.

Tue, 29 Aug 2017 18:04:10 GMT

Europe wants to keep normal relations with Russia

In a bilateral meeting with the US Secretary of State Rex Tillerson the German Foreign Minister Sigmar Gabriel said that Europe does not want to completely ruin its business relations with Russia in result of adoption of the new US sanctions.

Tue, 29 Aug 2017 18:04:03 GMT

Five killed in suicide attack in Kabul

No less than five people died, while more than eight were wounded in a suicide attack at the commercial bank in the Afghan capital of Kabul.

Tue, 29 Aug 2017 17:03:44 GMT

Trump says all options are on table for North Korea

The US President Donald Trump warned that "all options" were on the table after North Korea fired a ballistic missile over Japan on Tuesday.

Tue, 29 Aug 2017 17:03:16 GMT

Mexican Foreign Minister to come to US after Trump's trade threats

Official sources reported that the Mexican Foreign Minister Luis Videgaray would travel to the United States on Tuesday following Donald Trump's latest threats to terminate the NAFTA.

Tue, 29 Aug 2017 16:04:43 GMT

US consumer confidence rises in August

The mood of American shoppers improved more than expected in August, with the CB Consumer Confidence Index rising to 122.9 from July's 120.0 and topping expectations for an increase to 120.9.

Tue, 29 Aug 2017 16:03:29 GMT

Canadian IPPI plunges 1.5% last month

Statistics Canada reported that its Industrial Product Price Index dropped 1.5% in July, following the preceding month's decline of 1.1% and falling behind analysts' expectations for a 0.7% decrease.

Tue, 29 Aug 2017 16:02:32 GMT

Canadian IPPI plunged 1.5% last month

Statistics Canada reported that its Industrial Product Price Index dropped 1.5% in July, following the preceding month's decline of 1.1% and falling behind analysts' expectations for a 0.7% decrease.

Tue, 29 Aug 2017 15:01:22 GMT

Canadian RMPI drops more than expected in July

Statistics Canada reported on Tuesday that its Raw Material Price Index fell 0.6% last month after plunging 3.6% in June, whereas analysts anticipated a decline of 0.2%.

Tue, 29 Aug 2017 15:00:46 GMT

Consumer spending in France rebounds in July

France's National Institute of Statistics and Economic Studies reported that consumer spending surged 0.7% last month, following June's upwardly revised drop of 0.7%.

Tue, 29 Aug 2017 14:31:49 GMT

India's Uber drivers to get free insurance

The ride-hailing company Uber Tech is planning to provide its 450K driver partners in India with a free insurance that would cover disability, hospitalisation or death due to accidents, the firm stated on Tuesday.

Tue, 29 Aug 2017 14:20:38 GMT

Russia calls North Korea to respect UN resolutions

Russia's Foreign Minister Sergei Lavrov stated on Tuesday that North Korea must adhere to the UN Security Council resolutions concerning the provocative country's missile programme.

Tue, 29 Aug 2017 13:34:15 GMT

Lufthansa seeks Air Berlin long-haul aircraft

According to the source familiar with the issue, Lufthansa seeks for at least 17 Air Berlin's long-haul planes after the struggling German company had filed for bankruptcy protection earlier this month.

Tue, 29 Aug 2017 13:28:01 GMT

Accenture teams up with Apple on iOS apps for businesses

Tech giant Apple will join hands with the professional services firm Accenture to help businesses make better apps for the iPhone and iPad operating system iOS.

Tue, 29 Aug 2017 12:34:05 GMT

Macron calls EU not to let Brexit lead debate

France's President Emmanuel Macron stated on Tuesday that the EU must not let the Brexit to dominate debate and needed to focus on the future of the bloc.

Tue, 29 Aug 2017 12:28:23 GMT

Iran turns down demand for UN inspectors to visit military bases

Iran rejected a US demand for the UN nuclear inspectors' visit to the country's military sites as Washington sought to ensure that no activities banned by the 2015 nuclear deal were concealed.

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