News

Mon, 06 May 2019 03:11:50 GMT

PBoC to cut RRRs for medium, small banks

The People's Bank of China stated that it will diminish the reserve requirement ratios for medium and small-sized banks effective from May 15, in a policy measure to support firms struggling due to an economic slowdown.

Sun, 05 May 2019 20:26:37 GMT

Total concludes $8.8B deal with Occidental

On Sunday, Occidental has agreed to sell to Total Anadarko's assets in South Africa, Mozambique, Ghana and Algeria for $8.8B.

Sun, 05 May 2019 20:22:39 GMT

Trump threatens to increase tariffs on goods

Ahead of bilateral talks with China, the US President Donald Trump threatened to increase tariffs on Chinese goods worth $200B this week.

Sun, 05 May 2019 19:23:12 GMT

Panama holds presidential elections

Tens of thousands of Panamians went to polling stations on Sunday to elect new president of one of the most rapidly growing economies in the world who most likely would become the ex-Argiculture Minister Laurentino Cortizo.

Sun, 05 May 2019 19:18:54 GMT

Le Pen's party likely to win EU elections

According to an Ipsos poll, Marine Le Pen's Rassemblement National party would win nearly 22% of the votes in the upcoming elections to the European Parliament, thus beating Macron's REM party.

Sun, 05 May 2019 17:42:32 GMT

Germany will fine anti-vaccinators

The Health Minister of Germany Jens Spahn has created the needed legislation to oblige parents to have their children vaccinated. In case of non-compliance parents will face fines and exclusion from daycare..

Sun, 05 May 2019 17:42:23 GMT

Czech PM wants banks to pay

On Sunday, the Prime Minister of the Czech Republic Andrej Babis announced that Czech banks could pay up to 20% of their dividends into a state development fund.

Sun, 05 May 2019 16:43:05 GMT

Export orders decline in China

On Sunday, China's official news agency Xinhua revealed that the orders for Chinese exports have dropped by 1.1%. The drop was attributed to the ongoing trade talks with the US.

Sun, 05 May 2019 15:40:24 GMT

Information leak hurts Brexit talks

On Sunday, it was revealed that due to the leak of the possible compromise between United Kingdom's political parties, Labour announced that there will be no Brexit deal.

Sun, 05 May 2019 15:40:09 GMT

Dubai airport traffic falls

Dubais International Airport's representatives announced on Sunday that the airport has experienced a 2.2% decline in passenger traffic. The main reason for the decline was the grounding of the Boeing 737 MAX airplanes.

Sun, 05 May 2019 15:24:09 GMT

South African politicians make promises

The ruling party of South Africa, the African National Congress announced on Sunday that it will deal with corruption. The promise came three days before the elections.

Sun, 05 May 2019 14:48:17 GMT

Iran mobilizes resources to sell oil

On Sunday, the state media of Iran announced that the country has mobilized its resources to sell its oil on what the media called grey market. Most likely the country is using intermediaries, which charge for their services.

Sun, 05 May 2019 14:46:55 GMT

Qatar denies visas to Egypt

Qatari officials announced on Sunday that they will not grant visas to countries that are considered enemies. The officials referred to Egypt.

Sun, 05 May 2019 13:44:11 GMT

Istanbul's election could be rerun

On Sunday, the candidate from the Turkey's AK Party announced that AKP will call for a rerun of the election of the Major of Istanbul.

Sun, 05 May 2019 13:42:49 GMT

Turkey comments on US sanctions

On Sunday, Turkish officials announced that Turkey will not bow down to US sanctions and will buy S-400 air defence systems from Russia. The sanctions, if imposed would beat down the Turkish Lira.

Sun, 05 May 2019 12:45:56 GMT

Federal investigators probe Boeing

Boeing stock is bound to be hurt by a new incident. Federal investigators are probing the sliding off the runway of a 737 airplane in Florida.

Sun, 05 May 2019 12:44:16 GMT

Turkey and Russia discuss Syria

On Sunday, it was revealed that Russian and Turkish officials are reviewing the deployment of their armed forces in the Syrian border regions. The conflict could escalate, impacting commodity prices.

Sun, 05 May 2019 11:48:55 GMT

Trump revises immigration rules

On Saturday, it was announced that US President's Donald Trump's administration has upgraded training guides for asylum officers to make it more complicated for immigrants to pretend to be refugees.

Sun, 05 May 2019 11:46:52 GMT

North Korea conducts drills

Despite the attempted de-escalation of the conflict in Korea, North Korea conducted military drills during the weekend. The news are set to influence safe haven assets.

Sun, 05 May 2019 10:54:20 GMT

Thailand crowns new king

Crowds gathered in Bangkok on Sunday to see the coronation of Thailand's new king, who is considered a living deity in the country.

Sun, 05 May 2019 10:53:46 GMT

Panama votes in presidential election

On Sunday, Panamanian voters participated in presidential election. A candidate, which promised to fight corruption and inequality is expected to win. The event could improve investment environment in Panama.

Sun, 05 May 2019 09:52:01 GMT

Australia profiles voters

On Sunday, it was revealed by Reuters that Australian political parties use profiling of voters. Namely, the parties use email addresses to reveal matching profiles on social media.

Sun, 05 May 2019 09:51:54 GMT

Sri Lankan tourism declines

Cancellations have been plaguing the Sri Lankan tourism economy during the last couple of weeks. The downfall began after suicide bombings two weeks ago.

Sun, 05 May 2019 08:42:51 GMT

Job creation is low in Saudi Arabia

On Sunday, data released by the Emirates NBD revealed that despite growth being stable in Saudi Arabia job creation has been low.

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