News

Fri, 08 Feb 2019 20:39:53 GMT

Japan agriculture exports hit record

The Japanese exports of agriculture, forestry and fisheries increased to a record high of $8.3B in 2018, the Ministry reports.

Fri, 08 Feb 2019 20:39:13 GMT

ADB provides $50M to promote Bangladesh small business development

The Asian Development Bank and the Bangladesh government signed a $50M agreement to promote small business development in the country.

Fri, 08 Feb 2019 19:00:05 GMT

German exports rise 3% in 2018

German exports increased by 3% to an all-time high of $1.49T in 2018, the German Federal Statistical Office Destatis reports.

Fri, 08 Feb 2019 18:53:21 GMT

Zimbabwean president visits Ethiopia

The Zimbabwean President Emmerson Mnangagwa visits Ethiopia to participate in the 32nd Ordinary Session of the Assembly of the African Union with other African leaders.

Fri, 08 Feb 2019 18:23:18 GMT

Canada unemployment rate rises

The Canadian jobless rate increased to 5.8% from 5.6% in December despite adding 66,800 new jobs, the Statistics Canada reports.

Fri, 08 Feb 2019 18:16:50 GMT

Banks in Albania report net profit of $168M in 2018

The Albanian banks reported a net profit of $168M in 2018, a 17% decline from the previous year, the Bank of Albania reports.

Fri, 08 Feb 2019 16:48:52 GMT

Sprint sues AT&T due to 5G branding

Late on Thursday, Spring Corporation sued AT&T for misleading consumers that they are using still not developed fifth generation wireless networks.

Fri, 08 Feb 2019 16:46:14 GMT

Workers strike at GM associated plant

The union workers at Lear Corp, which supplies General Motors Oshawa assembly plant, on Friday began a strike. The event is set to hurt the General Motors production cycle, profits and subsequently stock value.

Fri, 08 Feb 2019 15:46:19 GMT

There will be no Brexit negotiations

The head of the European Union's Brexit negotiation team Michel Barnier announced on Friday that on Monday the representatives of the UK will receive another denial for the reopening of Brexit negotiations.

Fri, 08 Feb 2019 15:46:12 GMT

UK fin-tech firms register in Lithuania

On Friday, the Lithuanian central bank announced to Reuters that nearly 100 financial companies and startups are applying for Lithuanian financial licenses.

Fri, 08 Feb 2019 14:57:44 GMT

Wall Street opens lower

US stock exchanges started Friday's trading session in the red, as various benchmarks fell. Financial media blamed various reason for the decline. Meanwhile, as there was no increase of volatility, Dukascopy Analytics saw the move as normal.

Fri, 08 Feb 2019 14:57:22 GMT

Oil surges on Friday

During the second half of Friday's London session, as the US exchanges were opening, crude oil prices were surging. Although, some financial media outlets stated that a surge is likely to continue due to OPEC and the situation in Venezuela.

Fri, 08 Feb 2019 14:02:55 GMT

Russian MTS will evaluate US IPO

The mobile phone operator of Russia MTS announced on Friday that it will wager whether to list its stock in the United States.

Fri, 08 Feb 2019 14:02:25 GMT

Canadian employment data beats forecast

On Friday, the USD/CAD currency exchange rate dropped by more than 1.50% due to the Canadian economy adding new 66 thousand jobs in January, compared to the forecast of 6.5 thousand.

Fri, 08 Feb 2019 13:32:40 GMT

EU needs complex agreement on asylum

The EU Commissioner for Migration and Home Affairs Dimitris Avramopoulos stated on Thursday that members of the block must adopt a comprehensive deal on the asylum system in order to meet challenges in the future.

Fri, 08 Feb 2019 13:23:56 GMT

Merkel says IS still represents notable threat

In contrast to Donald Trump words, the German Chancellor Angela Merkel stated on Friday that the Islamic State (IS) has not been defeated in the Middle East yet.

Fri, 08 Feb 2019 12:38:44 GMT

Swisscom, Salt, Sunrise pay $380M for 5G frequencies

Swisscom, Salt and Sunrise paid a modest $379M for 5G wireless frequencies,which are expected to tighten their grip over the Swiss mobile market.

Fri, 08 Feb 2019 12:36:37 GMT

Japanese weak household spending point to fragile outlook

Japan's household spending increased slightly, while bonus payments encouraged wage growth in December, though the trends pointed to difficulties for the country's economy as risks to expansion increase.

Fri, 08 Feb 2019 11:13:43 GMT

Germany's foreign trade at new record last year

The volume of German foreign trade reached a record last year, the Federal Statistics Office stated, underlining how exposed the economy is to a global trading system, which is under the threat of a trade war.

Fri, 08 Feb 2019 11:09:19 GMT

India's CB to cut rates before elections

The Reserve Bank of India is anticipated to cut interest rates next quarter, a Reuters poll showed, with a majority expecting policy easing to occur ahead of the general election in May.

Fri, 08 Feb 2019 10:20:58 GMT

Putin to meet UK businessmen

Dmitry Peskov, the Kremlin Spokesman, stated on Sunday that Russia's President Vladimir Putin has accepted a proposal to meet with British businessmen working in Russia.

Fri, 08 Feb 2019 10:17:58 GMT

Russia hopes EU finds compromise on Nord Stream 2

The Kremlin Spokesman Dmitry Peskov stated on Friday that Russia hoped that members of the European Union would manage to settle all disputes over construction of the Nord Stream 2.

Fri, 08 Feb 2019 09:14:47 GMT

Rusal's stock value surges 12%

On Friday, the value of shares of Russian aluminum colossus Rusal increased by 12%, as the company shared its projection on the perspective of growth of demand on aluminum this year.

Fri, 08 Feb 2019 09:10:11 GMT

Jerry Nadler to testify before US Hosue Panel

Jerry Nadler, the acting US Attorney General, will stand today before the House Judiciary Committee and testify about his supervision of Robert Mueller's investigation.

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