News

Mon, 01 May 2017 18:07:37 GMT

Mnuchin: GDP can reach 3% in two years

Speaking at the Milken Institute Global Conference, the US Treasury Secretary Steve Mnuchin said that economic growth in the country could hit 3% in two years.

Mon, 01 May 2017 17:10:48 GMT

ISM manufacturing PMI falls to 54.8 in April

According to the Institute for Supply Management, the US manufacturing PMI dipped to 54.8 in April from 57.2 in March with a drop in employment being the main drag.

Mon, 01 May 2017 17:10:15 GMT

Israeli Keyes says Hamas wants to delude others with new policy document

Israeli PM's spokesperson David Keyes said on Monday that Hamas was attempting to fool the world by releasing a new document intended to soften its policy towards Israel.

Mon, 01 May 2017 16:04:56 GMT

Canadian manufacturing PMI rises to 55.9 in April

Markit's manufacturing PMI for Canada jumped to 55.9 in April from 55.5 in March, signalling the strongest improvement in overall business conditions over the last six years.

Mon, 01 May 2017 16:04:09 GMT

US March personal income surges 0.2%

Data released by the Commerce Department on Monday suggested that personal income in the US was up 0.2% in March from the downwardly revised 0.3% advance observed in February.

Mon, 01 May 2017 15:10:40 GMT

US personal spending shows no change in March

According to the data released by the Commerce Department, personal spending in the United States stalled over the month of March, while analysts had predicted a 0.2% gain.

Mon, 01 May 2017 15:09:48 GMT

US PCE Price Index slides 0.2% in March

The US Personal Consumption Expenditure Price Index plummeted 0.2% over the month of March compared with the 0.1% increase registered in February.

Mon, 01 May 2017 14:16:21 GMT

US Construction Spending plunges in March

Lack of private construction investment in March weighed on the US Construction Spending, causing the figure to drop much more than anticipated, namely to -0.2%, the Census Bureau reported on Monday.

Mon, 01 May 2017 13:36:03 GMT

Turkey's Erdogan desires higher trade volume with India

According to the Turkish President Tayyip Erdogan, Turkey's current annual trade volume of $6.5 billion with India is insufficient. The President wants the volume to rise up to $10 billion per year.

Mon, 01 May 2017 13:25:04 GMT

North Korea to keep conducting nuclear tests

On Monday, North Korea continued to aggrevate the 'conflict' by stating that it would keep conducting nuclear tests and building up its nuclear weaponry in response to the US aggression.

Mon, 01 May 2017 11:58:20 GMT

Duke Realty to sell its medical office assets

Duke Realty, a self-managed real estate investment trust, reported on Monday that it would sell the medical office building assets to Healthcare Trust of America, a real estate investment trust, for $2.8B.

Mon, 01 May 2017 11:55:40 GMT

London police arrest three women on suspicion of terror offences

Three women were arrested in the east part of London on Monday on suspicion of planning terrorist acts, the London police reported.

Mon, 01 May 2017 10:50:15 GMT

Dish Network reports 6% profit fall in Q1

Dish Network, an American direct-broadcast satellite service provider, said on Monday that its net profit dropped 6% on a quarterly basis in the three-month period to March.

Mon, 01 May 2017 10:50:07 GMT

Swiss retail sales rise more than expected in March

Switzerland's Federal Statistical Office reported on Monday that the country's retail sales climbed 2.1% in March, following the prior month's 0.7% gain and surpassing expectations for a 0.5% climb.

Mon, 01 May 2017 10:21:45 GMT

Mosque fire investigated for arson

A probe investigating the possibility of arson was launched in Sweden following a fire in a mosque which damaged part of the building in a Stockholm suburb.

Mon, 01 May 2017 10:17:29 GMT

Saudi forces planning attack on Hodeidah, UN human rights chief reports

Zeid Ra'ad al Hussein, the head of human rights in the United Nations claimed on Monday that they were continuously receiving information on a planned attack on the Hodeidah port in Yemen by Saudi-led forces.

Mon, 01 May 2017 09:23:13 GMT

Taiwanese government claims US ties solid

Following Donald Trump's reserved attitude towards a call with Taiwan, the Taiwanese government reassured that its ties with the US are solid, Reuters reported on Monday.

Mon, 01 May 2017 09:16:06 GMT

Turbulence causes injuries for Moscow-Bangkok plane boarders

An air pocket initiated turbulence caused injuries for 27 people which were boarding the Boeing 777 plane in the route Moscow-Bangkok on Monday, the Russian embassy reported.

Mon, 01 May 2017 08:21:11 GMT

Local elections in Nepal in jeopardy amid political tensions

Nepal's first democratic elections in the last two decades may be at risk due to political tensions over the resignation of Deputy Prime Minister Bimalendra Nidhi, the top figure responsible for security during the vote.

Mon, 01 May 2017 08:14:13 GMT

Revenue of Macau's casino hub rises 16.3% in April

The world's biggest casino centre located in the Chinese special administrative region of Macau increased its revenue by 16.3% in April, government reported on Monday.

Mon, 01 May 2017 07:20:05 GMT

Oil prices trade down due to weak data from China

Oil prices declined on Monday as a result of sluggish PMI data from China, despite the news on possible extension of OPEC output cuts.

Mon, 01 May 2017 07:12:33 GMT

US Congress agrees on spending package to avert government shutdown

The US Congress reached an agreement late Sunday on a spending plan that could avert the government shutdown later this week. The deal that bolsters defence among other areas needs approval from US legislators.

Mon, 01 May 2017 06:15:13 GMT

British legislators criticise social media over their moderation policies

The UK Home Affairs Select Committee heavily criticised social media's incapability to deal with extremist content, saying such weak moderation policy is a "disgrace".

Mon, 01 May 2017 06:14:44 GMT

Venezuelan Maduro expects delayed election this year

The President of Venezuela Nicolas Maduro said he saw the postponed gubernatorial election, originally scheduled for 2016, to be held later in 2017.

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