News

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Tue, 11 Apr 2017 06:33:32 GMT

Indonesian House speaker gets travel ban amid graft probe

The anti-corruption agency of Indonesia issued an overseas travel ban for six months to the Parliament speaker amid the graft probe that involved new national ID cards.

Tue, 11 Apr 2017 06:23:13 GMT

Seven dead amid site collapse in Mexico

On Monday, seven people died and 10 more were injured in Mexico City as concrete slabs collapsed on the workers who were constructing a car park.

Tue, 11 Apr 2017 05:26:54 GMT

Japan's GPIF begins recruiting outside asset managers

On Tuesday, the Japanese Government Pension Investment Fund started hiring external asset managers for investments in real estate, infrastructure and private equity.

Tue, 11 Apr 2017 05:12:53 GMT

Toshiba to file earnings results today

Sources close to Japan's Toshiba reported that the company aimed to file its delayed earnings results later today even without auditors' approval.

Tue, 11 Apr 2017 05:11:44 GMT

Toshiba to file earning results today

Sources close to Japan's Toshiba reported that the company aimed to file its delayed earning results later today even without auditors' approval.

Tue, 11 Apr 2017 04:14:45 GMT

BoJ to raise rates as soon as it exits QE

On Tuesday, the Bank of Japan Governor Haruhiko Kuroda said the Bank would raise interest rates as soon as it decides to end the quantitative easing programme.

Tue, 11 Apr 2017 04:07:02 GMT

Asian shares trade lower amid global political tensions

Major Asian stocks traded lower on Tuesday amid growing political tensions on the Korean Peninsula, the Middle East and the French general election.

Tue, 11 Apr 2017 02:56:35 GMT

BOJ aims for inflation supported by wage growth

Haruhiko Kuroda, the Governor of the Bank of Japan, said the BOJ is aiming for inflation to moderately reach 2% target driven by increases in corporate earnings and wages.

Tue, 11 Apr 2017 02:55:25 GMT

European regulators to benefit investment banks after Brexit

A break in EU financial rules allowed member states to compete in conducting the trading operations of investment banks based in London after Brexit.

Tue, 11 Apr 2017 02:10:26 GMT

Brexit to trigger EU funding gap and UK agricultural policy revision

Britain is set to entirely overhaul farm policy after it quits the EU, which has to make changes due to losing UK's net contributions.

Tue, 11 Apr 2017 02:06:42 GMT

Trump speaks with Germany's Merkel and UK's May on Sirya

Merkel and May expressed support for the US actions and agreed on the holding President of Syria accountable for the gas attack, speaking in separate calls with Donald Trump.

Mon, 10 Apr 2017 21:20:05 GMT

Yellen says Fed on track with interest rate hikes

On Monday, the Federal Reserve's head Janet Yellen stated that the Fed is on track with its interest rate hike plan, but no sharp measures are to be implemented in order to keep the US economy from overheating.

Mon, 10 Apr 2017 21:09:03 GMT

G7 members meet in Italy

On Monday, foreign ministers from the G7 met in Italy, building a plot to force Russia to refrain from helping Syria's President Bashar al-Assad.

Mon, 10 Apr 2017 20:06:13 GMT

US strike destroyed 20% of Syria's working jets

In a statement, Secretary of Defense Jim Mattis said that the April 6th Tomahawk missile strike on the Shayrat air base in Syria destroyed 20% of the Syrian government's operational aircraft.

Mon, 10 Apr 2017 20:01:21 GMT

Police find 8 dead bodies in southern Mexico

Mexican authorities say police in the southern state of Guerrero have found eight dead bodies stuffed into a truck abandoned on the side of a highway.

Mon, 10 Apr 2017 19:03:57 GMT

China, South Korea promises "strong measures" against North Korea

China has agreed to "strong" new measures to punish North Korea if it carries out a nuclear test, after the US signaled it may act to shut down Pyongyang's weapons program.

Mon, 10 Apr 2017 19:03:43 GMT

Merkel meets leaders of OECD, IMF and World Bank

German Chancellor Angela Merkel met with world financial leaders in Berlin on Monday for talks that observers expect will focus on a growing trend toward protectionism.

Mon, 10 Apr 2017 18:02:56 GMT

State of emergency declared after Egypt church attack

The Egyptian President Abdel Fattah al-Sisi has announced a three-month state of emergency following twin church bombings by the ISIS group that killed dozens of worshippers on Palm Sunday.

Mon, 10 Apr 2017 18:02:42 GMT

Kremlin accuses US of reluctance to interact over Syria

The Kremlin accused the US of showing complete reluctance to interact over Syria by launching missile strikes on an Assad regime military base in the country.

Mon, 10 Apr 2017 17:20:19 GMT

Tesla Inc becomes most valuable US automaker

On Monday, Tesla Inc became the most valuable US automaker with the market capitalization of $51.105B, while GM's market capitalization was $51.095B.

Mon, 10 Apr 2017 17:08:49 GMT

Foxconn to pay $26.99B for Toshiba's chip business

According to Bloomberg, Taiwan's Foxconn stated that it had decided to bid up to $26.99B for Toshiba Corp's chip business.

Mon, 10 Apr 2017 16:13:40 GMT

US inflation expectations drop to 2.7% in March

According to the FRBNY survey, the US inflation expectations slid to 2.7% in March, the lowest level in four months, after a brief run-up.

Mon, 10 Apr 2017 16:12:16 GMT

Sweden's prosecutor requests to extend detention for truck attack suspect

Swedish prosecution authority stated that it had requested to extend the custody in Rakhmat Akilov's prison, the suspect in Stockholm's truck attack that killed four people.

Mon, 10 Apr 2017 15:09:52 GMT

New York DFS probes Barclays over CEO's unlawful actions

The NY Department of Financial Services has launched a probe into Barclay's CEO Jes Stanley's attempt to uncover a whistleblower's identity.

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