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China to impose tariffs on US goods
Sat, 24 Aug 2019 10:08:37 GMT
 
China plans to impose new tariffs on US goods worth $75B in response to new US tariffs on Chinese goods, the Customs Tariff Commission of the State Council announces. >>
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Chinese government companies report growth
Sat, 24 Aug 2019 09:16:45 GMT
 
Profits of Chinese government-owned companies increased 7.3% in the first seven months of 2019, compared to the same period the prior year, the Ministry of Finance reports. >>
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Putin, Netanyahu agree to cooperate in Syria
Sat, 24 Aug 2019 08:17:44 GMT
 
The Russian President Vladimir Putin and the Israeli Prime Minister Benjamin Netanyahu have agreed to continue cooperation in Syria, a statement published by the Kremlin shows. >>
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PBOC injects more liquidity
Sat, 24 Aug 2019 07:08:44 GMT
 
On Friday, the People's Bank of China (PBOC) has injected another $11.34B at %2.55 interest rate into the market in order to maintain liquidity. >>
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Shandong Iron & Steel generates lower profit in H1
Sat, 24 Aug 2019 06:26:14 GMT
 
On Friday, Chinese Shandong Iron and Steel Co reported net profit for the first half of 2019 which appeared to be 65.58% lower than a year before. >>
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US to tax French wines
Sat, 24 Aug 2019 05:34:59 GMT
 
The US President Donald Trump stated on Friday that if the French government imposed digital tax on American technology companies, he would do the same with French wines. >>
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Trump not to stop Powell's resignation
Sat, 24 Aug 2019 04:33:04 GMT
 
The US President Donald Trump stated on Friday that he would accept the Federal Reserve Chairman's Jerome Powell resignation if he decided to resign. >>
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China to impose new tariffs on US goods
Sat, 24 Aug 2019 01:37:45 GMT
 
China announced on Friday that it would impose additional tariffs of either 5% or 10% on US goods worth about $75 billion, scheduled to go into effect on September 1 >>
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Volkswagen to recalls 679K US cars
Fri, 23 Aug 2019 20:25:43 GMT
 
Volkswagen stated on Friday it was recalling 679K US vehicles sold after 2011, which could roll away due to an electrical issue. >>
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US fines DB $16M to settle corruption charges
Fri, 23 Aug 2019 19:36:44 GMT
 
Deutsche Bank agreed to pay more than $16M to settle charges, as it violated the US corruption laws, wen hiring foreign governments' officials' relatives in a bid to win or >>
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Huawei: US curbs to cut revenue over $10B
Fri, 23 Aug 2019 18:09:45 GMT
 
China's technology giant Huawei stated that the impact of the US trade restrictions on the company's business is likely to be less than initially anticipated, though curbs are likely to >>
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Japanese underlying inflation at 0.6% in July
Fri, 23 Aug 2019 17:33:57 GMT
 
The rate of Japan's underlying inflation remained at 0.6% in July, the government stated in the report, still short of the Bank of Japan's 2% inflation target. >>
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China to impose more tariffs on US pork, beef and soy
Fri, 23 Aug 2019 16:28:48 GMT
 
China stated that it is set to impose an additional tariff of 5% on the US soybeans from September 1, and extra 10% duties on wheat, sorghum and corn from >>
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US Dollar depreciates on Jerome Powell's speech
Fri, 23 Aug 2019 15:42:55 GMT
 
On Friday, August 23, the US Dollar depreciated 61 pips or 0.55% against the European Common Currency. Note, that the Greenback also depreciated against other major currencies. >>
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New home sales in US drop sharply
Fri, 23 Aug 2019 15:12:19 GMT
 
The US Commerce Department stated that the country's new home sales declined markedly 12.8% to a seasonally adjusted yearly rate of 635K units last month in a sign that the >>
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