News

Sat, 22 Apr 2017 02:15:59 GMT

Brazil excludes additional pension efforts

The Government of Brazil sees no necessity for cutting spending on social security despite recent acceptance of the pension reform.

Fri, 21 Apr 2017 19:55:52 GMT

KKR, INCJ plan bid for Toshiba's memory unit

KKR & Co LP, an American private equity firm, and Innovation Network Corp of Japan will tender a joint offer for Toshiba's memory unit, according to the Nikkei report.

Fri, 21 Apr 2017 19:54:24 GMT

Trump to make tax reform announcement next week

The US President Donald Trump reported on Friday that he would make a tax reform announcement on Wednesday next week.

Fri, 21 Apr 2017 19:16:58 GMT

US stocks edge lower ahead of French election

Major US stock markets slid deeper into the red on Friday as investors paused ahead of the first round of the French general election.

Fri, 21 Apr 2017 19:08:47 GMT

Honeywell stocks surge on company optimism

Shares of Honeywell jumped 3.6% to $128.30 shortly after the company reported that its commercial aviation and energy divisions were doing well.

Fri, 21 Apr 2017 18:12:19 GMT

Germany awaits non-confrontational trade solution with US

German finance minister said on Friday that he is optimistic about non-confrontational trade deal with the US to be reached at a summit in July.

Fri, 21 Apr 2017 18:08:23 GMT

Finance leaders from G20 discuss anti-terrorism attempts

G20 finance leaders were set to discuss ways of preventing the financing of terrorism, showing the value of the group to the US.

Fri, 21 Apr 2017 17:05:34 GMT

Fed Vice Chair expects two more interest rate hikes

Fed's Stanley Fischer revealed on Friday that the Fed stayed on its plan for two interest rate hikes in 2017 despite weak recent economic figures.

Fri, 21 Apr 2017 16:59:42 GMT

Trump administration to change rules for terror victims to enter US

The Trump administration discussed whether to rescind terror victims' permission to enter the US, while some hard-liners warned about terrorism risks.

Fri, 21 Apr 2017 16:26:50 GMT

GE reports negative cash flow in Q1

General Electric reported that cash flow from company's industrial operating activities surged to a negative $1.6B in the Q1, though its profit surpassed estimates.

Fri, 21 Apr 2017 16:18:06 GMT

IMF to raise China GDP forecast for 2017 again

The International Monetary Fund raised its forecasts for China's economic growth in 2017 and 2018 due to its better than expected performance in the Q1.

Fri, 21 Apr 2017 15:23:53 GMT

US home resales surge 4.4% in March

US existing home sales reached its ten-year high of 4.4% or 5.71M units in March, as more homes entering the market were bought quickly.

Fri, 21 Apr 2017 15:21:25 GMT

British chancellor sees firm US support for bilateral trade agreement

UK Chancellor Philip Hammond assumed on Friday that the US-UK free trade concept was strongly supported by both the US Congress and the Trump administration.

Fri, 21 Apr 2017 14:28:05 GMT

British PM May uncertain about early election results

The UK Prime Minister Theresa May stated she was not certain about the June 8 early election results, despite her Conservative party's leading position and eventual victory suggested by polls.

Fri, 21 Apr 2017 14:18:22 GMT

Two dead amid Russian security office gunman attack

On Friday, a gunman attacked the Federal Security Bureau in the Russian city of Khabarovsk, killing two people, an employee and a visitor of the FSB office.

Fri, 21 Apr 2017 13:32:44 GMT

Bebe apparel retailer to close all stores by June

On Friday, the apparel retailer Bebe Stores announced it was eager to shut down all its shops until June 2017 as well as liquidate the company's fixtures and merchandise within the stores.

Fri, 21 Apr 2017 13:21:57 GMT

Sony raises its annual profit expectations

The Japanese tech company Sony lifted its annual operating profit expectations to $2.6B due to decrease of the amortisation costs for its monetary providers segment.

Fri, 21 Apr 2017 12:33:31 GMT

Turkey's opposition files complaint against Erdogan powers referendum

Turkish main opposition party CHP filed a complaint against the High Electoral Board decision to count unstamped ballots in the referendum on the President Tayyip Erdogan broad new powers.

Fri, 21 Apr 2017 12:20:40 GMT

Pence to meet Australian PM on April 22

The US Vice President Mike Pence is eager to visit Australia for talks with the country's PM Malcolm Turnbull this Saturday to discuss regional security and trade issues.

Fri, 21 Apr 2017 11:33:05 GMT

Trump expects Paris attack to impact French election

The US President Donald Trump said the latest Paris terrorist attack would have a big impact on France's Presidential election that would take place this Sunday.

Fri, 21 Apr 2017 11:16:58 GMT

France mobilises security forces for election after Paris attack

On Friday, French authorities stated that the country's security forces were completely mobilised and ready for the upcoming Presidential election after the Paris attack claimed by the Islamic State.

Fri, 21 Apr 2017 10:25:48 GMT

Euro zone starts Q2 with solid growth

IHS Markit reported on Friday its April Flash Manufacturing and Services PMIs for the Euro zone came in at 56.2 and 56.8 points, respectively, suggesting the economy started the Q2 with solid growth.

Fri, 21 Apr 2017 10:18:41 GMT

EU does not have plan if anti-EU candidate wins French election

EU diplomats said that the European Union did not have any plan if two anti-EU French candidates made it to the final round of the presidential election.

Fri, 21 Apr 2017 09:32:11 GMT

Pakistani opposition wants PM to resign

The Pakistani opposition staged out protests in the Parliament session this Friday, urging the Prime Minister Nawaz Sharif to leave his office for the time an investigation on his finances lasts.

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