News

Note: This section contains information in English only.
Thu, 20 Dec 2018 10:14:16 GMT

Volvo prepares for no-deal Brexit

According to sources familiar with the matter, Swedish car maker Volvo is trying to find alternative supply chains in an attempt to minimize risks in case of Britain's withdrawal from the European Union without a deal

Thu, 20 Dec 2018 09:31:56 GMT

Japanese politicians keep optimism on economy

The Cabinet Office stated on Thursday that the Japanese government continued to keep optimistic outlook for the growth of country's economy in December despite risks posed by escalating trade tensions between the US and China.

Thu, 20 Dec 2018 09:23:13 GMT

German salaries rise 1.5% in Q3

According to report published by the Statistics Office, actual salary of German workers in Q3 increased by 1.5%, thus showing the fastest temp of growth in two years.

Thu, 20 Dec 2018 07:57:48 GMT

Di Maio says Italy's government to press ahead

On Thursday, the Italian Deputy Prime Minister Luigi Di Maio said that there would not be a cabinet reshuffle, and the ruling coalition would move on with its job.

Thu, 20 Dec 2018 07:57:39 GMT

Canada's Bombardier to deliver Global 7500 first corporate jet

On Thursday, Bombardier Inc's would deliver its first Global 7500 jet, as the company is set to compete with the US planemaker Gulfstream.

Thu, 20 Dec 2018 07:19:49 GMT

Conte not ready to give up his job

On Thursday, the Italian Prime Minister Giuseppe Conte said that he is not ready to step aside for Matteo Salvini, the Deputy Prime Minister after the European Union Election in May.

Thu, 20 Dec 2018 07:18:13 GMT

French Minister says door is open for second Brexit referendum

On Thursday, Nathalie Loiseau, the French European Affairs Minister, said that the door is wide open for Britons to have a second Brexit referendum.

Thu, 20 Dec 2018 06:34:01 GMT

NZ's economic expansion falls to five-year low in Q3

Economic expansion in New Zealand slipped to its weakest pace in almost five years in the Q3, with the farm business and manufacturing taking a talk that the RZBN could put interest rate cuts back on the table in 2019.

Thu, 20 Dec 2018 06:29:40 GMT

France's state railway to cut more than 2K jobs next year

France's SNCF state railway is set to cut 2.9K jobs in 2019 under the budget plan, officials with the CFDT and CFDT unions stated.

Thu, 20 Dec 2018 05:14:24 GMT

Renault, Nissan bosses meet in Amsterdam

Nissan CEO Hiroto Saikawa held a meeting with the acting boss of Renault in Amsterdam, which led to "productive" and "positive" talks, the automaker stated.

Thu, 20 Dec 2018 05:08:54 GMT

South Korea's household debt ratio increases, financial system remains stable

The financial system of South Korea was stable, though efforts to diminish household debt would continue, as debts was growing more rapidly than income, the Central Bank stated.

Thu, 20 Dec 2018 03:36:43 GMT

BoJ keeps monetary policy unchanged

The Bank of Japan announced the decision to keep monetary policy unchanged, sticking to optimistic view over the economy, even as simmering trade tensions cloud the global expansion outlook.

Thu, 20 Dec 2018 03:31:19 GMT

Noble Group finishes debt restructuring

Noble Group announced that the company completed to drawn out $3.5B debt restructuring to emerge as an unlisted Asia-focused coal-trading firm.

Wed, 19 Dec 2018 21:02:54 GMT

Global equity markets decline after rate hikes

On Wednesday, global stocks erased earlier gains after the US Federal Reserve raised interest rates, and forecast fewer rate hikes next year.

Wed, 19 Dec 2018 21:02:22 GMT

US Treasury plans to lift sanctions on Russian aluminum giant Rusal

On Wednesday, the US Treasury Department said that it would lift sanctions on Russian aluminium giant Rusal and EN+ group.

Wed, 19 Dec 2018 20:09:05 GMT

Fed signals further rates hike next year

On Wednesday, the US Federal Reserve signalled an earlier end to its monetary tightening policy, but forecast further rate hikes next year.

Wed, 19 Dec 2018 20:00:55 GMT

Federal Reserve raises interest rates

The US Federal Reserve on Wednesday raised interest rates as expected, and said that risks to the economy were roughly balanced.

Wed, 19 Dec 2018 19:12:01 GMT

Canada's inflation at 1.7% last month

The Canadian Consumer Price Index increased 1.7% in the month of November, compared with the same period a year earlier, Statistics Canada stated.

Wed, 19 Dec 2018 19:04:34 GMT

US sales of existing home sales grow in November

Existing home sales in the US grew unexpectedly in November, though recorded their largest annual decline in more than seven years, as the property market remained weak.

Wed, 19 Dec 2018 18:37:28 GMT

EU, Italy strike deal, avoiding start of EU crisis

Rome and Brussels agreed a deal over the country's budget, averting an anticipated crisis in the Euro zone and allowing Italy to run a 2.04% budget deficit next year.

Wed, 19 Dec 2018 18:31:51 GMT

EU to strengthen money laundering monitoring at banks

The EU governments reached the preliminary deal to surpass money laundering by strengthening bank supervision through the EBA, the EU stated.

Wed, 19 Dec 2018 17:34:56 GMT

France aimed at no cut to structural deficit in 2019

France announced plans for no reduction of the structural deficit in 2019 in a revised budget aimed to quell social protests, which rocked the country in recent weeks, a government official stated.

Wed, 19 Dec 2018 17:32:35 GMT

Spirit AeroSystems set to add 1.4K jobs

Spirit AeroSystems, which supplies the fuselage for Boeing 737 jetliner, stated that it would add 1.4K positions at it the facility in Kansas.

Wed, 19 Dec 2018 16:36:20 GMT

PBoC to increase relending to support small enterprises

The People's Bank of China stated that it is likely to increase rediscount quotas and relending by $14.5B to help to finance small enterprises' needs as a measure to strengthen private sector support.

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