News

Tue, 09 May 2017 02:05:35 GMT

BoJ's Kuroda expects inflation to rise to 2%

Haruhiko Kuroda, the Governor of the Bank of Japan, said that he expects inflation to reach 2% target around fiscal 2018 in respond to the BoJ's intensive monetary easing.

Mon, 08 May 2017 20:12:12 GMT

US to examine Russian proposed Syrian safe zones

The US Defence Secretary Jim Mattis reported on Monday that the US would thoroughly examine Russia's proposed Syrian safe zones.

Mon, 08 May 2017 19:54:48 GMT

Trump and Macron to meet on May 25 in Brussels

The White House reported on Monday that the US President Donald Trump would meet with France's President-elect Emmanuel Macron during the May 25 NATO meeting in Brussels.

Mon, 08 May 2017 19:06:26 GMT

US Spicer says detention of another American in North Korea is "concerning"

On Monday, the White House spokesperson Sean Spicer said that detention of another American citizen by North Korea was "obviously concerning".

Mon, 08 May 2017 19:05:35 GMT

Germany seeks to strengthen business ties with Turkey

The Economy Minister of Turkey Nihat Zeybecki and Brigitte Zypries, her German counterpart, met on Monday to discuss strengthening of bilateral business and trade ties.

Mon, 08 May 2017 18:07:36 GMT

Nations call on Trump to stick to Paris Climate Treaty

On Monday, a number of nations called on the US President Donald Trump to stick to the 2015 Paris Agreement to curtail global climate change.

Mon, 08 May 2017 18:06:58 GMT

Bullard says weak growth should slow Fed's plans for rate hikes

The President of the St. Louis Fed James Bullard said the recent sluggish economic performance should undermine the Fed's plans for further interest rate hikes.

Mon, 08 May 2017 17:04:53 GMT

Malaysia's IS mastermind killed in Syria

Malaysia's most-wanted Islamic State member Muhammad Wanndy Mohamed Jedi was killed in Raqqa, Syria, on April 29, the Malaysian police confirmed on Monday.

Mon, 08 May 2017 17:04:22 GMT

French President-elect to face huge challenges

Despite allies and former opponents expressing their willingness to cooperate with Macron, the newly elected French President is set to face huge challenges on his post.

Mon, 08 May 2017 16:05:50 GMT

Goldman Sachs to make leadership changes

On Monday, Goldman Sachs announced its plans to restructure its investment-banking unit and promote Gregg Lemkau and Marc Nachmann among other moves.

Mon, 08 May 2017 16:05:17 GMT

NBC reports Obama warns POTUS against hiring Flynn

NBC reported on Monday that the former President of the US Barack Obama had warned Mr. Trump against appointing Mike Flynn for the National Security Adviser post.

Mon, 08 May 2017 15:04:42 GMT

Fed's Mester says Macron's victory alleviates some US worries

The Cleveland Federal Reserve President Loretta Mester said the outcome of the French Presidential Election eased concerns over economic turmoil harming the US economy.

Mon, 08 May 2017 15:02:44 GMT

US labour market conditions surge in April

Data released on Monday suggested that the Labour Market Conditions Index for the US soared 3.5 over the month of April from the upwardly revised 3.6 gain observed in March.

Mon, 08 May 2017 14:20:51 GMT

Austria orders Facebook to delete abusive postings

Austria's Court issued an order that Facebook must delete an insulting content of the Austrian Green party's leader from the country's platform version, despite claims to ban "hate postings" internationally.

Mon, 08 May 2017 13:56:18 GMT

Appeals Court to hear oral arguments on Trump travel ban

On Monday, Donald Trump's Administration will provide oral arguments over the revised travel ban on the six Muslim-majority countries during a scheduled hearing in the US Appeals Court.

Mon, 08 May 2017 13:26:21 GMT

Canadian housing starts dip to 214K in April

The CMHC reported on Monday that Canadian housing starts dropped to 214K units in April, while analysts anticipated a slight rise to 220K from the prior month's 253K units.

Mon, 08 May 2017 13:00:51 GMT

Banks to phase out 9K jobs from Britain amid Brexit

The largest world banks JPMorgan, Goldman Sachs and Citigroup are planning to move nearly 9K of job positions out of London amid the Brexit upheaval, outlining plans for their EU operations after Britain's withdrawal from the bloc.

Mon, 08 May 2017 12:22:44 GMT

Philippines' Espenilla to become next central bank governor

Nestor Espenilla will take up a position of the next Philippine central bank governor for a term of six years, replacing Amando Tetangco who is eager to quit his post in July 2017.

Mon, 08 May 2017 12:01:46 GMT

Japan consumer confidence drops to 43.2

According to the Cabinet Office, Japanese consumer sentiment plunged to 43.2 in April, missing analysts' expectations for a rise to 44.3 from March's 43.9.

Mon, 08 May 2017 11:33:04 GMT

China to severe restrictions on cash withdrawal

China introduced tougher measures on cash withdrawal, adding new security features that would require people to scan their ID cards in ATMs as the machines would be fitted with face-recognition technology.

Mon, 08 May 2017 11:13:45 GMT

South Korean Moon to protect economic recovery if he wins

The South Korean Presidential nominee Moon Jae-in seeks to protect a recovery in the country's economy and hire more policemen, firefighters and teachers in case he wins the election on Tuesday.

Mon, 08 May 2017 09:55:37 GMT

Sentix investor confidence soars to 27.4 points

The Sentix Investor Confidence Index for the Euro zone jumped to 27.4 points, its highest level since July 2007, on the back of a generally positive economic outlook.

Mon, 08 May 2017 09:54:26 GMT

Halifax HPI dips 0.1% in April

According to the data released by the Halifax Bank of Scotland, the UK House Price Index dived 0.1% over the month of April, falling behind analysts' expectations for a 0.1% gain.

Mon, 08 May 2017 09:30:20 GMT

Facebook launches warning campaign on fake news amid British election

The social media giant Facebook started an advertising campaign in a Britain's newspaper to warn people of fake news that might be spread ahead of the British election.

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