News

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Wed, 25 Oct 2017 03:25:52 GMT

Airlines prepare for new US security regulations

New security rules including stricter screening of passengers are set to take effect this Thursday on all US-bound flights to follow government requirements to avoid a laptop ban.

Wed, 25 Oct 2017 01:51:58 GMT

LG Display profit grows 80% in third quarter

South Korean LG Display announced that the company's operating profit surged nearly 80% in the September quarter, on the back of higher demand and recovered panel prices.

Wed, 25 Oct 2017 01:50:59 GMT

Australian inflation growth surprisingly weak in Q3

Australian consumer prices marked the weaker-than-expected growth of 0.6% in the Q3. Following the report, the local currency dropped markedly against the US Dollar.

Tue, 24 Oct 2017 19:50:22 GMT

Supreme Court declines last remaining challenge to Trump's travel ban

The US Supreme Court officially declined plans to hear the remaining challenge to the President Donald Trump's travel ban on several Muslim-majority countries. 

Tue, 24 Oct 2017 19:50:09 GMT

EU to study Malta's AML system

The EU should investigate Malta's anti-money laundering system, EU lawmakers decided in response to the murder of a Maltese journalist, who reported on financial and political corruption. 

Tue, 24 Oct 2017 18:59:30 GMT

Croatia shows biggest decline of debt-to-GDP ratio in EU

Croatia's public debt declined 4.5 percentage points at the end of Q2, marking the largest decline among the EU members states.

Tue, 24 Oct 2017 18:55:09 GMT

Italy calls confidence vote to pass electoral law

Italy's Prime Minister Paolo Gentolini's government called a series of confidence votes to pass a new electoral law.  

Tue, 24 Oct 2017 18:11:06 GMT

US denies visas to Turkey's Justice Ministry delegation

US authorities denied visas to a delegation from Turkey's Justice Ministry, which was due to travel to Washington later this month.

Tue, 24 Oct 2017 18:06:58 GMT

Ukraine, Russia hit by cyber attacks

New wave of cyber attacks using the malware BadRabbit hit Russia and Ukraine, causing flight delays in Ukraine's Odessa airport and affecting several media agencies in Russia. 

Tue, 24 Oct 2017 16:58:01 GMT

Richmond Fed Index worsens in October

The Federal Reserve Bank of Richmond's Manufacturing Activity Index worsened in October, slumping to 12 points and missing analysts' expectations for a 17-point reading.

Tue, 24 Oct 2017 16:56:42 GMT

Flash US Services PMI hits 55.9-point mark

Markit said on Tuesday its preliminary PMI for the United States' services sector jumped to 55.9 in October, an improvement from the 55.3-point reading registered in September.

Tue, 24 Oct 2017 15:56:32 GMT

US prelim Manufacturing PMI improves in October

Preliminary data published by Markit on Tuesday revealed that the US Manufacturing Purchasing Managers' Index managed to reach the 54.5-point mark in October.

Tue, 24 Oct 2017 15:56:10 GMT

CB Leading Index for China up 1.0% in September

Data released by the Conference Board showed that the Leading Economic Index for China increased 1.0% over the course of September.

Tue, 24 Oct 2017 15:15:38 GMT

Belgian business confidence improves in October

According to the data released by the NBB on Tuesday, the Belgian business confidence saw an improvement in the month of October.

Tue, 24 Oct 2017 15:14:54 GMT

Euro area flash Manufacturing PMI hits 58.6 in October

Markit reported its preliminary PMI for the Euro zone's manufacturing sector hit the 58.6 mark in October, jumping from the downwardly-revised 58.1-point reading registered in the prior month.

Tue, 24 Oct 2017 14:05:22 GMT

Saudi Arabia to build zone connected with Egypt, Jordan

On Tuesday, Saudi Arabia announced a $500B plan to develop an industrial and business zone, designed to link Egypt and Jordan, in an effort that could free the country from dependency on oil exports.

Tue, 24 Oct 2017 13:51:31 GMT

VW's SEAT to move Catalan HQ as legal security in doubt

The carmaker Volkswagen's Catalonia-based unit SEAT is thinking over moving its headquarters, in case there is no longer legal certainty in the region.

Tue, 24 Oct 2017 13:19:48 GMT

Catalonia to appeal Article 155 trigger

Catalonia is planning to appeal the Spanish government's decision to trigger the Article 155 to the country's Constitutional Court, a Catalan spokesman Jordi Turull stated on Tuesday.

Tue, 24 Oct 2017 13:18:44 GMT

McDonald's posts jump in quarterly US comparable sales

On Tuesday, McDonald's reported that its quarterly US comparable sales bet estimates by rising 4.1% on the back of the increasing number of customers due to restaurant's better offers and promotions.

Tue, 24 Oct 2017 12:18:29 GMT

UK financial watchdog opens inquiry into Equifax hacking

British financial watchdog launched an investigation into hacking of the US credit reporting agency Equifax, after the incident affected about 700K UK citizens.

Tue, 24 Oct 2017 12:17:09 GMT

Schaeuble becomes German Parliament's head

On Tuesday, Germany's ex-Finance Minister Wolfgang Schaeuble became the President of the country's lower house of the Parliament called the Bundestag.

Tue, 24 Oct 2017 11:14:34 GMT

EU approves $2.2B French aid to La Banque Postale

On Tuesday, the European Union state aid regulators approved the $2.2B French support to help La Banque Postale provide poor people with the basic banking services.

Tue, 24 Oct 2017 11:12:44 GMT

Tillerson calls Kurds, Iraq to resolve conflict by dialogue

The US State Secretary Rex Tillerson called the Kurdistan region and the Iraqi government on Monday to resolve Kurdish self-determination conflict through a dialogue.

Tue, 24 Oct 2017 09:52:09 GMT

AMS shares surge 18% amid solid earnings

The share price of Apple's supplier AMS soared 18% after reporting solid earnings on Tuesday, as the company is expecting a positive outlook for the fourth quarter of 2017.

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