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Taro Aso do not expects G20 to support protectionism
Sat, 22 Apr 2017 02:20:21 GMT
 
Japan's Finance Minister Taro Aso revealed on Friday that he does not anticipates G20 countries to shift from free trade to protectionism. >>
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Brazil excludes additional pension efforts
Sat, 22 Apr 2017 02:15:59 GMT
 
The Government of Brazil sees no necessity for cutting spending on social security despite recent acceptance of the pension reform. >>
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KKR, INCJ plan bid for Toshiba's memory unit
Fri, 21 Apr 2017 19:55:52 GMT
 
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. >>
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Trump to make tax reform announcement next week
Fri, 21 Apr 2017 19:54:24 GMT
 
The US President Donald Trump reported on Friday that he would make a tax reform announcement on Wednesday next week. >>
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US stocks edge lower ahead of French election
Fri, 21 Apr 2017 19:16:58 GMT
 
Major US stock markets slid deeper into the red on Friday as investors paused ahead of the first round of the French general election. >>
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Honeywell stocks surge on company optimism
Fri, 21 Apr 2017 19:08:47 GMT
 
Shares of Honeywell jumped 3.6% to $128.30 shortly after the company reported that its commercial aviation and energy divisions were doing well. >>
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Germany awaits non-confrontational trade solution with US
Fri, 21 Apr 2017 18:12:19 GMT
 
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. >>
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Finance leaders from G20 discuss anti-terrorism attempts
Fri, 21 Apr 2017 18:08:23 GMT
 
G20 finance leaders were set to discuss ways of preventing the financing of terrorism, showing the value of the group to the US. >>
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Fed Vice Chair expects two more interest rate hikes
Fri, 21 Apr 2017 17:05:34 GMT
 
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. >>
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Trump administration to change rules for terror victims to enter US
Fri, 21 Apr 2017 16:59:42 GMT
 
The Trump administration discussed whether to rescind terror victims' permission to enter the US, while some hard-liners warned about terrorism risks. >>
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GE reports negative cash flow in Q1
Fri, 21 Apr 2017 16:26:50 GMT
 
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. >>
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IMF to raise China GDP forecast for 2017 again
Fri, 21 Apr 2017 16:18:06 GMT
 
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. >>
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US home resales surge 4.4% in March
Fri, 21 Apr 2017 15:23:53 GMT
 
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. >>
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British chancellor sees firm US support for bilateral trade agreement
Fri, 21 Apr 2017 15:21:25 GMT
 
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. >>
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British PM May uncertain about early election results
Fri, 21 Apr 2017 14:28:05 GMT
 
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. >>
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