News

Thu, 01 Jun 2017 03:11:03 GMT

Chinese manufacturing PMI at 49.6 in May

According to the Caixin report, the Chinese manufacturing PMI fell to 49.6 in May, missing expectations for a 50.1 reading, as the economy was at descending trajectory.

Thu, 01 Jun 2017 02:21:54 GMT

US president to announce decision on Paris climate deal

US President Donald Trump is expected to announce on Thursday whether the US stays in the Paris deal to fight global warming.

Thu, 01 Jun 2017 02:19:48 GMT

Japan's manufacturing activity increase to 53.1 in May

The final Manufacturing PMI for Japan rose to seasonally-adjusted 53.1 in May, its fastest growth pace in three months, following a 52.7 reading in April.

Wed, 31 May 2017 19:54:15 GMT

Europe warns US on terms for leaving Paris climate deal

Jean-Claude Juncker, the European Commission President, revealed that the US should understand that it takes more time than expected to fully leave the Paris climate deal.

Wed, 31 May 2017 19:52:31 GMT

Austria's Nowotny sees ECB inflation goal to be questioned

Inflation is likely to remain low in the long-term and the ECB's target to see it close to 2% is set to be questioned, member of the ECB Governing Council Ewald Nowotny said.

Wed, 31 May 2017 18:56:41 GMT

GE signs $5.58B worth aviation, power deals in Vietnam

General Electric revealed that it signed agreements in Vietnam worth nearly $5.58B for aircraft engines, power generation and services.

Wed, 31 May 2017 18:54:53 GMT

JPMorgan market revenue falls 15% in Q2

JPMorgan Chase & Co reported its market revenue declined amid lower volatility, falling about 15% in the second quarter compared to the same period a year ago.

Wed, 31 May 2017 18:03:53 GMT

Euro zone inflation growth slows in May

Inflation in the Euro zone slipped more than expected to 1.4% in May, its weakest figure since December, which indicates the ECB to sustain its expansionary monetary policy.

Wed, 31 May 2017 18:02:55 GMT

US immigration crackdown to hit economic growth

US consumer spending and economic growth are set to be affected by the Trump administration's decision on illegal migrants, which are afraid to leave home and prefer to save money.

Wed, 31 May 2017 16:55:32 GMT

Russia fires four missles at ISIS targets

The Russian Defence Ministry reported that the country's submarine and its warship fired four missiles from the Mediterranean Sea at the Islamic State targets located in Syria.

Wed, 31 May 2017 16:54:13 GMT

US pending home sales drop unexpectedly in April

The National Association of Realtors reported that US pending home sales fell 1.3% last month, compared to March's drop of 0.9%, while analysts anticipated an increase of 0.7%.

Wed, 31 May 2017 15:52:22 GMT

Trump to announce decision on Paris Agreement in few days

The US President Donald Trump reported that he would announce his decision on the Paris Climate Agreement in the next few days.

Wed, 31 May 2017 15:51:27 GMT

Bank of America predicts weak Q2 earnings

The Bank of America CEO said that the bank's Q2 earnings would be hurt by lower interest rates, a decline in trading revenue and the shuttering or sales of some of its assets.

Wed, 31 May 2017 15:14:49 GMT

Chicago PMI drops more than expected in May

The ISM Chicago reported that its PMI for the Chicago area fell to 55.2 in May, following the previous month's 58.3 and topping expectations for a slight decrease to 57.0.

Wed, 31 May 2017 15:13:41 GMT

Canadian economy grows 0.5% in March

The Canadian economy expanded at a 0.5% rate month-over-month in March after holding steady in February, whereas analysts expected the economy to grow 0.3% during the reported period.

Wed, 31 May 2017 14:34:10 GMT

British PM May evades question on her resignation if she loses seats

The UK Prime Minister Theresa May evaded a reporter's question about her resignation in case she lost seats in the June 8 election.

Wed, 31 May 2017 14:27:00 GMT

Russia responds to Moldova's expulsion of its diplomats

On Wednesday, Russia expelled five Moldovan diplomats as a tit-for-tat move to Moldova's order to depart Russian diplomats from the country.

Wed, 31 May 2017 13:34:29 GMT

US to withdraw from Paris climate accord

The US President Donald Trump decided to pull the United States out of the Paris climate agreement, the news agency reported on Wednesday.

Wed, 31 May 2017 13:15:40 GMT

Serbia's ex-PM Vucic sworn in as President

On Wednesday, the Serbian Conservative politician Aleksandar Vucic was sworn in as the country's President after he stepped down from the Prime Minister's post a day before.

Wed, 31 May 2017 12:27:15 GMT

Michael Kors to shut down over 100 retail stores in two years

Michael Kors is eager to shut down over 100 retail stores in the following two years amid company's intention to turn around its business, while posting a weak full-year forecast.

Wed, 31 May 2017 12:20:13 GMT

Hackers group to reveal new NSA data leaks in July

The Shadow Brokers group announced about its intention to reveal another security codes to customers for the price of more than $22K in July, which were deemed to be stolen from the US National Security Agency.

Wed, 31 May 2017 11:28:19 GMT

Germany cancels flight planned to deport migrants

The German authorities cancelled a flight scheduled to deport migrants to Afghanistan on Wednesday on the back of the tanker blast in Kabul's city centre that left 80 people dead.

Wed, 31 May 2017 11:20:42 GMT

Serbian PM Vucic quits to assume Presidential office

On Tuesday, the Prime Minister of Serbia Aleksandar Vucic stepped down as he would take over a Presidential post the next day following his win in election last month.

Wed, 31 May 2017 10:31:02 GMT

Kabul tanker blast's death toll rises to 80

No less than 80 people are reported to be dead, while hundreds of others got wounded in a tanker blast in the Afghan capital of Kabul on Wednesday.

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