News

Note: This section contains information in English only.
Wed, 08 Nov 2017 04:29:18 GMT

EU workers' shortage in Britain pushes up pay growth

UK employers are likely to increase their pay offers to recruit new staff, as shortage of EU workers could escalate ahead of Brexit, a survey showed.

Wed, 08 Nov 2017 04:28:33 GMT

Japan's MUFG branches in US to be federally regulated

Japanese Mitsubishi UFJ Financial Group received an approval from the OCG to bring the company's branches in four US states under federal regulation.

Wed, 08 Nov 2017 03:12:20 GMT

Shapchat to redesign app after missing growth expectations

Shap is set to redesign its messaging app Snapchat in an effort to achieve broader audience, as user and revenue growth in the Q3 missed Wall Street forecasts.

Wed, 08 Nov 2017 03:11:31 GMT

BoJ Funo urges to maintain current easing program

Yukitoshi Funo, the Bank of Japan's board member, emphasized the importance of keeping the BoJ's current monetary easing program as 2% inflation target was still distant.

Tue, 07 Nov 2017 21:12:05 GMT

Lithuania waits for NATO decision on Baltic air shield

The Lithuanian Defence Minister reported on Tuesday that the country expected the NATO to reach a deal on the Baltic air shield in 2018.

Tue, 07 Nov 2017 21:03:41 GMT

Apple denies moving operations from Ireland to Jersey

Apple reported on Tuesday that it did not move any of its operations from Ireland to Jersey, an offshore tax heaven.

Tue, 07 Nov 2017 20:05:13 GMT

Neufund raises $11.6M to issue first equity token

Neufund, a community-owned fundraising platform, said it managed to raise $11.6M from private investors and would issue its first equity token.

Tue, 07 Nov 2017 20:03:57 GMT

Global oil demand is set to plateau in 2030s

The OPEC reported on Tuesday that global oil demand was set to plateau during the second half of 2030s amid higher demand for electric vehicles.

Tue, 07 Nov 2017 19:32:14 GMT

Essilor seeks approval to merge with Luxottica

France's Essilor, the world's leading ophthalmic optics company, asked US regulators to give an approval for its merger with Italy's Luxottica, the world's leading frame producer.

Tue, 07 Nov 2017 19:29:53 GMT

HSBC Canada prepares for NAFTA renegotiation outcome

The HSBC Canada Chief Executive Sandra Stuart said on Tuesday that the company was concerned over the outcome of the NAFTA renegotiation and was assessing possible scenarios.

Tue, 07 Nov 2017 18:10:46 GMT

US job openings hold steady in September

The Bureau of Labour Statistics reported that US job openings were 6.1M in September, little changed from the preceding month's 6.08M.

Tue, 07 Nov 2017 18:10:03 GMT

Mood of US shoppers improves in November

On Tuesday, official data showed that the IBD/TIPP Economic Optimism Index rose to 53.6 in November, up from the prior month's 50.3, while analysts anticipated a slight increase to 51.2.

Tue, 07 Nov 2017 17:18:23 GMT

Italy fines "big four" accounting firms $26.61M in total

On Tuesday, Italy's Antitrust authority imposed a $26.61M fine on the "big four" accounting companies (Deloitte, KPMG, Ernst&Young and PWC).

Tue, 07 Nov 2017 17:15:40 GMT

Over 1.2K accounts frozen in Saudi banks' anti-corruption purge

According to Saudi bankers and lawyers, the kingdom's banks have frozen over 1.2K accounts of individuals and firms in an anti-corruption purge initiated by the government.

Tue, 07 Nov 2017 16:26:57 GMT

Daimler to launch new voice-activated app

Daimler's Chief Digital Officer Sabine Scheunert revealed on Tuesday that the company was planning to introduce a new voice-activated digital assistant "Ask Mercedes".

Tue, 07 Nov 2017 16:26:09 GMT

Global diary prices register third straight fall

The latest GDT auction in New Zealand saw the overall price index falling 3.5%, the third time in a row, following a drop of 1% registered on October 17 and a 2.4% decline on October 3.

Tue, 07 Nov 2017 15:14:25 GMT

State Street CEO to retire by next year's end

The US regional lender State Street announced on Tuesday that the Vice Chairman Ron O'Hanley was set to succeed its CEO Jay Hooley amid his retirement scheduled for the 2018-end.

Tue, 07 Nov 2017 14:51:50 GMT

Most EU citizens seen to remain in UK after Brexit

On Tuesday, the British government stated that the majority of the EU citizens currently living in the country would be allowed to stay in Britain after its withdrawal from the bloc in 2019.

Tue, 07 Nov 2017 14:23:58 GMT

France probes SocGen over anti-corruption law violation

French financial prosecution launched an investigation into the Societe Generale possible breach of anti-corruption laws, requesting the documents on the bank's ties with Libya's Investment Authority.

Tue, 07 Nov 2017 14:14:40 GMT

Tesla acquires automation equipment supplier Perbix

The e-vehicle maker Tesla announced on Tuesday that it would buy its supplier of automated manufacturing equipment Perbix Machine, not disclosing the price of a deal.

Tue, 07 Nov 2017 13:28:53 GMT

France calls EU to curb tax shelter states' international funding

On Tuesday, France called the European Union to cut international funding of countries providing tax shelters, after a huge document leak that showed tax affairs of some famous people.

Tue, 07 Nov 2017 13:16:21 GMT

Ride-hailing apps team up to ban regulation in Brazil

Uber Technologies and other ride-hailing services joined their forces to form an alliance in Brazil to stem a tide of regulation that threatens their way to do business in the rapidly-growing market.

Tue, 07 Nov 2017 12:25:16 GMT

Nokia to trial 5G tech in collaboration with Vodacom

Finland's network equipment producer Nokia has joined Vodacom to trial the 5G technology in South Africa, seeking to provide better data delivery, both firms announced on Tuesday.

Tue, 07 Nov 2017 12:20:23 GMT

Toyota posts outlook for full-year operating profit

Toyota reported on Tuesday it was expecting a jump in its full-year operating profit to $17.4B, driven by a positive currency impact.

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