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Market News and Research

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LafargeHolcim's largest shareholder steps down
Wed, 04 Apr 2018 06:36:22 GMT
The largest shareholder of LafargeHolcim Thomas Schmidheiny is planning to leave the company's board at the 2018 annual general meeting, the world's biggest cement maker reported on Wednesday. >>
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China to take countermeasures against US tariff list
Wed, 04 Apr 2018 06:32:06 GMT
China criticised the United States over Trump administration's extensive tariff plan, which would hit around $50B of China's hi-tech and industrial products, vowing countermeasures in the trade dispute. >>
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Jet Airways to by &% Boeing jets worth $8.8B
Wed, 04 Apr 2018 03:19:12 GMT
India's Jet Airways announced that the company entered into a deal with Boeing for the purchase of its 75 narrowbody jets, which would cost nearly $8.8B. >>
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Hyundai expects reorganisation to benefit shareholders
Wed, 04 Apr 2018 03:18:24 GMT
South Korean Hyundai Motor stated that the company is confident the its plan to reorganise the governance structure is likely to benefit its shareholders. >>
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China's Caixin services PMI drops unexpectedly to 52.3
Wed, 04 Apr 2018 01:55:11 GMT
Markit reported that its PMI for the Chinese services sector fell to 52.3 in March from the preceding month's 54.2, whereas analysts anticipated a rise to 54.5. >>
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Australian retail sales rise more than expected last month
Wed, 04 Apr 2018 01:54:10 GMT
The ABS reported on Wednesday that retail sales surged 0.6% in March, following the prior month's climb of 0.2% and surpassing analysts' expectations for an increase of 0.3%. >>
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Williams to become next Head of New York Fed
Tue, 03 Apr 2018 20:06:41 GMT
John Williams, the President of the Federal Reserve of San Francisco, has been promoted to the Head of the New York Federal Reserve. >>
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Trump says he could have good relationship with Putin
Tue, 03 Apr 2018 20:05:56 GMT
On Tuesday, the US President Donald Trump said he thought that he could potentially have a good relationship with the Russian President Vladimir Putin. >>
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Global dairy prices continue to fall
Tue, 03 Apr 2018 18:52:37 GMT
At the latest Fonterra auction on Tuesday, global dairy prices dropped 0.6% after falling 1.2% at the preceding auction. >>
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Zambia lifts ban on some South African food imports
Tue, 03 Apr 2018 18:52:24 GMT
On Tuesday, Zambia lifted a ban imposed on food imports from South Africa, excluding "risky food" produced by RCL Foods and Tiger Brands that were linked to a listeria outbreak >>
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Peugeot plans to begin new UK van production in Luton
Tue, 03 Apr 2018 18:03:35 GMT
French car manufacturing group PSA is planning to begin the production of Citroen and Peugeot delivery vans at newly acquired Vauxhall plant in Luton, England.  >>
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Trump says he will use military to protect border with Mexico
Tue, 03 Apr 2018 17:56:08 GMT
On Tuesday, the US President Donald Trump said that he will use US military to protect the border with Mexico until there is a wall on the border and proper >>
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China notifies WTO about import tariffs against US
Tue, 03 Apr 2018 17:21:05 GMT
According to the WTO document dated by Thursday, China has informed the WTO that it will impose $611.5M worth of tariffs on $2.75B of US imports, including ethanol, pork and >>
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Russia, Turkey and Iran to discuss situation in Syria
Tue, 03 Apr 2018 17:13:28 GMT
On Wednesday, Turkish authorities stated that Iran, Russia and Turkey will meet in Ankara to discuss the new constitution of Syria and the increase of security in de-escalated conflict zones >>
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Two trains crash in Germany, more than 20 people injured
Tue, 03 Apr 2018 16:08:42 GMT
On Tuesday, two underground trains crashed in the city of Duisburg, Western Germany, with more than 20 people injured after the accident and two of them seriously. >>
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