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IMF: Asian economies strong, remain vulnerable to protectionism, market corrections
Wed, 09 May 2018 05:00:41 GMT
 
The growth forecast for Asian economies was strong; however, they remained vulnerable to protectionist policies and further market corrections, the IMF reported on Wednesday. >>
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XAU/USD shows two scenarios
Wed, 09 May 2018 04:33:17 GMT
 
The yellow metal remained tangled around the 55-, 100– and 200-hour SMAs for the third consecutive session on Tuesday. >>
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USD/JPY surges on Wednesday morning
Wed, 09 May 2018 04:31:19 GMT
 
Tuesday's trading session was spent in a calm manner for the USD/JPY exchange rate, as it remained pressured to the downside by the 200-hour SMA. >>
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Pound stable against US Dollar
Wed, 09 May 2018 04:29:10 GMT
 
If looking from an intraday perspective, the Pound remained stable against the US Dollar on Tuesday. >>
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EUR/USD trades at 1.1850
Wed, 09 May 2018 04:20:13 GMT
 
The common European currency was not able to surpass the strong resistance of the 55-hour SMA on Tuesday morning as a result of which bears saw an opportunity to >>
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Chinese e-commerce platform Meili to seek $500M in IPO
Wed, 09 May 2018 04:07:21 GMT
 
The Chinese e-commerce company Meili Inc plans to raise $500M in an initial public offering in the United States scheduled for the second half of 2018. >>
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Brent crude surges on Wednesday
Wed, 09 May 2018 04:03:05 GMT
 
Brent crude futures soared 2.5% to a three-year high of $76.75 early on Wednesday, as the US withdrawal from the Iran nuclear deal increased worries about the global oil supply. >>
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Recruit to buy Glassdoor for $1.2B
Wed, 09 May 2018 02:33:52 GMT
 
Japan's HR services operator Recruit Holdings stated that it is set to buy the US job-site owner Glassdoor for $1.2B to tap into the database of salary data and company >>
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Japan real wages grow in March
Wed, 09 May 2018 02:33:07 GMT
 
Japan's workers' inflation-adjusted real wages increased for the first time in the four-month period in March in an optimistic sign for consumption. >>
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Uganda works with Ernst & Young to increase investment in free zones
Tue, 08 May 2018 20:01:17 GMT
 
Uganda on Tuesday signed a memorandum of understanding with audit firm Ernst & Young to increase investment in the country's free economic zones. >>
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World Bank: Romania GDP to increase 5.1% in 2018
Tue, 08 May 2018 20:00:22 GMT
 
Romania's Gross Domestic Product is expected to increase 5.1% in 2018 compared to the year 2017, the World Bank says in a statement. >>
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Chinese Premier congratulates Medvedev on new term as Russian PM
Tue, 08 May 2018 19:28:23 GMT
 
The Chinese Premier Li Keqiang on Tuesday congratulated Dmitry Medvedev for securing a new term as Russian Prime Minister. >>
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Trump pulls US from Iran nuclear deal
Tue, 08 May 2018 19:27:27 GMT
 
The US President Donald Trump on Tuesday pulled the country out of an agreement aimed at stopping Iran from constructing a nuclear bomb and announced economic sanctions on Tehran. >>
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German weapons exports to turmoil regions up significantly
Tue, 08 May 2018 18:11:26 GMT
 
German weapons exports to war-torn regions almost doubled after previous "grand coalition" run by Chancellor Angela Merkel, the German newspaper reported on Tuesday. >>
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House of Lords defeats UK government plans for Brexit date
Tue, 08 May 2018 17:34:38 GMT
 
On Tuesday, Britain parliament's upper house challenged Prime Minister Theresa May to fix a final date next year for leaving the European Union, thus defeating her initial plans. >>
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