- Fri, 22 Feb 2019 12:41:28 GMT
Stock prices surge on Friday
By the middle of Friday's London session global stock market indices continued to gain. Financial media attributed the surge to a progress on trade.
- Fri, 22 Feb 2019 12:41:22 GMT
PM May's spokeswoman comments on Brexit
On Friday, the spokeswoman of the UK Prime Minister Theresa May announced that the work on Brexit deal changes is continuing at "a pace".
- Fri, 22 Feb 2019 12:37:16 GMT
Investors change bets on USD
Reuters announced on Friday that investors are scaling back on bets that the US Dollar will decline. The reason for the change was a Federal Reserve announcement that the US Dollar interest rate will have a premium above other rates.
- Fri, 22 Feb 2019 12:36:47 GMT
VietJet will sing deal with Boeing
On Friday, the Vietnamese airline company VietJet Aviation announced that intends to sing a major deal with Boeing during the sidelines of the upcoming Trump-Kim summit.
- Fri, 22 Feb 2019 09:18:56 GMT
Saudi Aramco to form JV with China
On Thursday, Saudi Aramco signed with Chinese Norinco an agreement presupposing creation of a joint venture for construction of a petrochemical and refining complexes in the city of Panjin.
- Fri, 22 Feb 2019 09:13:58 GMT
FATF pressures Iran to combat IML
The Financial Action Task Force (FATF) stated on Friday that the Iranian government had time until July to improve its anti-money laundering laws, otherwise it would face more intense international scrutiny.
- Fri, 22 Feb 2019 08:31:28 GMT
Barnier assumes Brexit postponement
The European Union's Brexit Negotiator Michel Barnier stated on Friday that postponement of Britain's exit from the EU could not be ruled out.
- Fri, 22 Feb 2019 08:27:03 GMT
China awaits Hammond's visit
The Сhina's Foreign Ministry stated on Friday that it would welcome the UK Finance Minister Philip Hammond's visit despite deployment of the British naval vessel in the Pacific.
- Fri, 22 Feb 2019 07:27:51 GMT
Import quotas affect coal imports, not bans
The Trade Minister of Australia Simon Birmingham stated on Friday problems with coal exports to China were caused by import quotas rather that pure bans.
- Fri, 22 Feb 2019 07:19:34 GMT
RBA: China's coal ban does not affect economy
The Reserve Bank of Australia Governor Philip Lowe stated on Friday that China's ban on the county's coal imports to the port of Dalian would not have a big impact on the economy.
- Fri, 22 Feb 2019 03:41:10 GMT
French consumer prices decline 0.4% in January
France's Consumer Prices Index decreased 0.4% in January from the previous month amid a fall in manufacturing costs, the INSEE reported.
- Fri, 22 Feb 2019 03:40:51 GMT
Japanese department store sales decline last month
Sales in Japan's department stores went down 2.9% to $4.45B in January compared to the preceding year, the country's Department Stores Association stated.
- Fri, 22 Feb 2019 03:35:38 GMT
German inflation rate falls ar 2019 start
Germany's inflation rate decreased to 1.4% in the month of January this year, compared to 0.8% rate in the prior month, according to preliminary figures by Destatis.
- Fri, 22 Feb 2019 03:35:08 GMT
Chinese home improvement sales slump in January
Home improvement market revealed dropping sales last month, which fell 9.46% to $9.2B, as the country's real estate transactions slowed, the CBMCA stated.
- Thu, 21 Feb 2019 20:55:14 GMT
Corbyn says May must seek close alliance with EU
On Thursday, UK's Labour Party leader Jeremy Corbyn said that the British Prime Minister Theresa May must seek customs union with the European Union if she wants to unlock Brexit.
- Thu, 21 Feb 2019 20:55:05 GMT
Huawei to increase investment in Canada
Huawei Chairman said on Thursday that the company is committed to make further investment in Canada, despite the arrest of the company's CFO Meng Wanzhou.
- Thu, 21 Feb 2019 20:03:10 GMT
EU and UK close to Brexit legal compromise
According to Britain and EU Diplomats, the European Union and the United Kingdom are moving closer to a Brexit legal compromise agreement.
- Thu, 21 Feb 2019 20:03:02 GMT
Healthcare shares and economic data weigh down Wall Street
US shares dipped on Thursday, weighed down by weak economic data and a decline in the US healthcare stocks.
- Thu, 21 Feb 2019 19:05:09 GMT
White House to end California auto emissions discussions
On Thursday, the White House put out a statement that the US President Donald Trump's administration has ended discussions with California on auto emissions rules.
- Thu, 21 Feb 2019 19:04:54 GMT
India plans to stop flow of water to Pakistan
On Thursday, India's government Minister reiterated the country's plan to stop sharing excess water with Pakistan.
- Thu, 21 Feb 2019 18:04:41 GMT
Senator Sanders rebukes Catalyst Pharmaceuticals
On Thursday, the US Senator Bernie Sanders rebuked Catalyst Pharmaceuticals Inc for its higher drug prices.
- Thu, 21 Feb 2019 18:03:39 GMT
Nestle plans to expand Purina factory in US
On Thursday, Nestle Global said that it would invest about $115 million to expand its Purina factory in the United States.
- Thu, 21 Feb 2019 16:43:07 GMT
UK posts record budget surplus
The Finance Minister of the United Kingdom Philip Hammond announced on Thursday that the United Kingdom in January has reached a record fiscal budget surplus.
- Thu, 21 Feb 2019 16:42:58 GMT
Global stocks remain near high levels
On Thursday, global stock indices traded near a four month low level. The surge was mostly attributed to the monetary stimulus conducted by the global powers.