News

Note: This section contains information in English only.
Wed, 07 Feb 2018 03:31:58 GMT

Japanese average cash earnings climb 0.7% in December

Japan's Ministry of Health, Labour and Welfare reported that average cash earnings climbed 0.7% year-over-year in December, surpassing analysts' expectations for a gain of 0.6%.

Wed, 07 Feb 2018 03:30:16 GMT

Australian construction activity rises last month

The Australian Industry Group reported on Wednesday that its Construction Index rose to 54.0 in January from the preceding month's 52.8.

Tue, 06 Feb 2018 21:23:28 GMT

US delivers combat weapons worth $11.7M to Lebanon

The US has delivered combat weapons worth $11.7M to Lebanon the previous week, the US embassy in Beirut says.

Tue, 06 Feb 2018 21:22:46 GMT

US National Security Advisor, Secretary of State to visit Turkey

The US National Security Adviser McMaster and the Secretary of State Rex Tillerson will visit Turkey the next week, a Turkish media agency reports.

Tue, 06 Feb 2018 20:37:24 GMT

Turkey wants to repair trust with US

Turkey wants to repair damaged trust with the US after a series of disagreements over the Syrian conflict, the foreign minister Mevlut Cavusoglu says.

Tue, 06 Feb 2018 20:36:33 GMT

EU wants power to limit UK single market access after Brexit

The European Union wants the right to restrict UK access to the single market after Britain leaves the EU, a document shows.

Tue, 06 Feb 2018 19:12:20 GMT

Turkey: no disagreement with Russia over Syria military operation

Russia and Turkey have no disagreements over Turkey's military operation in the northern Afrin region, the Turkish foreign minister says.

Tue, 06 Feb 2018 19:11:13 GMT

US regulators to ask more control over virtual currencies

US regulators plan to ask the Congress to pass policies to enhance oversight of cryptocurrencies, the head of the Securities and Exchange Commission says.

Tue, 06 Feb 2018 18:23:37 GMT

EU agrees to meet Erdogan despite poor relations

Top European Union officials plan to meet the Turkish President Tayyip Erdogan in March to discuss bilateral ties, an EU spokesman says.

Tue, 06 Feb 2018 18:22:35 GMT

Fed expects 4% GDP growth in Q1

The US economy is expected to expand at a 4% annualised rate in the first quarter of 2018, the Atlanta Fed says.

Tue, 06 Feb 2018 17:15:36 GMT

Ivey PMI falls unexpectedly in January

The Richard Ivey School of Business stated that its PMI for Canada fell to 55.2 in January, missing expectations for an increase to 60.4.

Tue, 06 Feb 2018 17:15:06 GMT

Canada's trade deficit widened to C$3.2B in December

The Canadian trade deficit widened more than expected to C$3.2B in the month of December, while economists anticipated the deficit of C$2.3B.

Tue, 06 Feb 2018 15:06:21 GMT

Credit Suisse to redeem VIX

Credit Suisse have announced that the bank will redeem prior to the expected date the highly popular ETN, which is blamed in the decline of the financial markets.

Tue, 06 Feb 2018 15:05:31 GMT

Wall Street continues to fall

US Stocks opened Tuesday's session as expected higher. However, just like on Monday, the initial opening was followed by a slight recovery.

Tue, 06 Feb 2018 14:18:00 GMT

World stock sell of hits record amount

The total lost stock value due to the recent stock sell off has reached $4 trillion. Meanwhile, the sell-off was expected to continue during US Tuesday's trading session.

Tue, 06 Feb 2018 14:17:28 GMT

New BoE policymaker issues warning

The newest policymaker of the Bank of England Elisabeth Stheeman has announced that London's real estate market is at risk due to small firms using it as collateral for loans.

Tue, 06 Feb 2018 13:09:56 GMT

Allergan posts its Q4 profit on Tuesday

On Tuesday, Allergan reported its Q4 net profit was $3.05B or $8.88 per share, following the previous year's loss of $70.2M.

Tue, 06 Feb 2018 13:09:47 GMT

Nissan to introduce new all-electric Leaf to Asia-Pacific markets

Nissan Motor is planning to launch a new version of the all-electric car Leaf in Asia-Pacific markets, including Australia, Malaysia, Singapore, South Korea, etc. within the next fiscal year.

Tue, 06 Feb 2018 12:22:00 GMT

Capital Dynamics to buy First Solar, SunPower JV

The asset manager Capital Dynamics announced it was planning to buy a joint venture firm of two solar power developers SunPower and First Solar for around $976.6M.

Tue, 06 Feb 2018 12:14:49 GMT

Lululemon's CEO Potdevin resigns on Monday

On Monday, Canada's Lululemon Athletica announced about its CEO Laurent Potdevin abrupt resignation, stating he had contravened the company's "standards of conduct".

Tue, 06 Feb 2018 11:01:22 GMT

PBOC will keep prudent monetary policy in 2018

The People's Bank of China pledged to maintain its neutral monetary policy, as well as improve the management of shadow banking and online financial regulation during 2018.

Tue, 06 Feb 2018 10:57:51 GMT

European shares plunge to new lows on Tuesday

European shares fell to a five-month low on Tuesday, as global sell-off resulting from concerns over rising bond yields and inflation caused high market volatility.

Tue, 06 Feb 2018 10:06:16 GMT

Azeri opposition to boycott Presidential election

According to the Azerbaijan opposition the National Council of Democratic Forces head Jamil Hasanly, the group is eager to boycott the Presidential election that are set for April 11.

Tue, 06 Feb 2018 10:00:33 GMT

Nigerian President inks order to bolster local production

Nigeria's President Muhammadu Buhari on Monday signed the executive order aimed at boosting country's domestic production of goods, as well as creating job positions in technology, science and engineering.

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