News

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Sat, 30 Sep 2017 07:14:09 GMT

China's non-manufacturing sector expands in September

China's non-manufacturing sector grew at the fastest pace since June 2014 in September, with the sector's business activity index rising 55.4 from 53.4 in August.

Sat, 30 Sep 2017 05:52:12 GMT

China's Xi: Communist Party must not deviate from Marxism

The Chinese President Xi Jinping said on Saturday that the ruling party members should study capitalism but must not deviate from Marxism.

Sat, 30 Sep 2017 05:50:57 GMT

Trump to travel to Asia in November

Joined by Melania, the US President Donald Trump will be on an 11-day trip to Asia in November, stopping at South Korea, Japan, Vietnam, China and the Philippines.

Sat, 30 Sep 2017 04:52:21 GMT

Trump interviews four candidates for Fed Chair position

The US President Donald Trump said he had interviewed four candidates for the position of the Federal Reserve Chairman and would make a final decision within the upcoming weeks.

Sat, 30 Sep 2017 04:51:34 GMT

Bloomberg: Citigroup and Lehman resolve dispute over $2.1B

According to Bloomberg, Citigroup Inc and Lehman Brother Holdings Inc settled a dispute over $2.1B Lehman had deposited in Citigroup prior to its bankruptcy.

Sat, 30 Sep 2017 04:08:50 GMT

China's PMI rises to record 52.4 in September

China's Purchasing Manufacturing Index rose to 52.4 in September, compared to 51.7 in the previous month, thus recording the fastest monthly manufacturing growth since 2012.

Sat, 30 Sep 2017 04:06:13 GMT

FSOC to loosen control over ailing AIG

The US Financial Stability Oversight Council agreed to reduce control over American International Group, as its financial problems are no longer a threat to the financial stability.

Fri, 29 Sep 2017 20:00:58 GMT

Tanzania closes another newspaper

As a part of the media crackdown in the country, Tanzania banned another newspaper from publishing for at least 90 days starting today.

Fri, 29 Sep 2017 20:00:35 GMT

Spanish court orders Google to delete "On Votar 1-Oct" app

On Friday, the High Court of Catalonia ordered Google to remove the "On Votar 1-Oct" application supposedly used by separatists to spread controversial information.

Fri, 29 Sep 2017 19:02:06 GMT

IS behind suicide attack in Kabul

The IS claimed responsibility for the blast that hit the Qala-e Fatehullah area of the Afghan capital city of Kabul on Friday, killing one person and injuring five others.

Fri, 29 Sep 2017 19:01:41 GMT

Canadian August IPPI misses expectations

Data released by Statistics Canada revealed the country's Industrial Product Price Index for August rose 0.3%, missing economists' expectations for a 0.5% increase.

Fri, 29 Sep 2017 17:56:54 GMT

Chicago PMI rises steeply in September

The MNI Chicago Business Barometer surged to 65.2 over the month of September from 58.9 registered in the preceding month.

Fri, 29 Sep 2017 17:55:56 GMT

Canada's August RMPI tops expectations

Statistics Canada reported on Friday that the country's Raw Materials Price Index advanced 1.0% in August, topping analysts' expectations for a 0.4% gain.

Fri, 29 Sep 2017 17:03:43 GMT

US August consumer spending cools

Figures released by the US Commerce Department showed consumer spending cooled in August on the back of a drop in motor vehicle purchases.

Fri, 29 Sep 2017 17:02:03 GMT

US personal income up 0.2% in August

The US Bureau of Economic Analysis reported on Friday that personal income in the country was up 0.2%, or $28.6B, in August.

Fri, 29 Sep 2017 16:01:18 GMT

Canadian GDP flat in July

According to Statistics Canada, the country's real GDP was unchanged over the month of July after expanding for eight straight months.

Fri, 29 Sep 2017 16:00:15 GMT

Italian September CPI drops 0.3%

Preliminary figures released by Istat on Friday revealed that the Italian Consumer Price Index for the month of September was down 0.3%.

Fri, 29 Sep 2017 14:56:11 GMT

UK Q2 final GDP unchanged at 0.3%

The final estimate of the UK's gross domestic product showed that the country's economy expanded 0.3% in the Q2 of 2017, unchanged from the second estimate.

Fri, 29 Sep 2017 14:55:07 GMT

UK current account deficit widens in Q2

Data released by the Office for National Statistics on Friday revealed that current account deficit in the United Kingdom widened £0.9B to £23.2 over the second quarter of 2017.

Fri, 29 Sep 2017 14:17:50 GMT

VW takes $3B charge to fix diesel engines in US

Volkswagen lifted its total bill for emissions-test cheating row to about $30B as it had taken another $3B charge to fix its diesel engines in the United States.

Fri, 29 Sep 2017 14:10:12 GMT

22 dead amid stampede in Mumbai

On Friday, no less than 22 people died and 36 were wounded in a stampede during a monsoon downpour at a Mumbai busy railway station.

Fri, 29 Sep 2017 13:29:15 GMT

Petrol car sales overtake diesel in EU

According to the ACEA, sales of the gasoline-powered vehicles overtook diesel in the current year's first half, first time since 2009.

Fri, 29 Sep 2017 13:14:02 GMT

Trump to visit Asia in November

The US leader Donald Trump is willing to visit the Asian countries from November 3-14 with intention to attend summits for talks over trade and North Korea's nuclear issue.

Fri, 29 Sep 2017 12:26:36 GMT

German employment improves markedly in August

The number of unemployed Germans fell 23K in August, exceeding analysts' expectations for a 5K drop, and compared to the prior month's upwardly revised reading of a 6K fall.

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