News

Note: This section contains information in English only.
Thu, 14 Sep 2017 02:57:49 GMT

BoE to balance inflation and Brexit while seeking right stance on rates policy

The Bank of England is expected to leave interest rates unchanged at 0.25%, albeit policymakers will need to evaluate the need to help the UK Brexit-hurt economy against tackling inflation growth.

Thu, 14 Sep 2017 02:10:14 GMT

Amazon to open large warehouse in Mexico to spur growth

Amazon announced that the company was preparing for opening a 1M square-foot large warehouse in Mexico, aiming to enhance its presence in the Mexican e-commerce industry.

Thu, 14 Sep 2017 02:09:19 GMT

UK May to make Brexit speech in Italy by September end

Britain's PM Theresa May is expected to deliver a speech on the UK future relationships with the European Union on September 22 in Italy, stressing a desire a deep cooperation with EU after Brexit.

Wed, 13 Sep 2017 20:16:52 GMT

Boeing to boost production of 787 Dreamliner

The Boeing CEO Dennis Muilenberg reported on Wednesday that the company would raise production of its 787 Dreamliner passenger jets to 14 per month in 2019.

Wed, 13 Sep 2017 20:04:33 GMT

Wealthy Americans to pay higher taxes under Trump's tax reform

On Wednesday, the US President Donald Trump said that his proposed tax reform might force wealthy people to pay higher taxes.

Wed, 13 Sep 2017 19:53:54 GMT

Target to hire 100,000 seasonal workers

Target reported on Wednesday that it would hire about 100,000 workers for the upcoming holiday season, compared to the previous year's 70,000.

Wed, 13 Sep 2017 19:31:44 GMT

Navistar sees higher truck sales volume next year

Navistar, a US trucking trade group and truck maker, said on Wednesday that truck orders should increase significantly in 2018 in comparison to 2017.

Wed, 13 Sep 2017 19:25:22 GMT

Brazilian Finance Minister to skip presidential election

On Wednesday, Brazil's Finance Minister Henrique Meirelles reported that he would not participate in the upcoming presidential race.

Wed, 13 Sep 2017 19:19:32 GMT

US federal budget balance worsens but less than expected

The US Treasury Department reported that the federal budget deficit widened to $107.7B last month, up from July's deficit of $42.9B, while analysts anticipated an increase to a $118.6B gap.

Wed, 13 Sep 2017 16:53:05 GMT

Brazilian police arrest JBS chief Batista

On Wednesday, the Brazilian police arrested the JBS Chief Executive Officer Wesley Batista on suspicion of insider trading.

Wed, 13 Sep 2017 16:52:47 GMT

Facebook tightens advertising rules

In a response to criticism that it is easy for fake news providers to get money from placing ads on Facebook, the company decided to tighten its advertising rules.

Wed, 13 Sep 2017 15:57:53 GMT

Trump administration sued over alleged unlawful searches at borders

On Wednesday, a number of American citizens filed a lawsuit accusing the Trump administration of conducting unlawful phone and laptop searches at the US borders.

Wed, 13 Sep 2017 15:57:26 GMT

US crude oil inventories rise 5.9M last week

US commercial crude oil stockpiles increased by 5.9M barrels in the week ended September 10, data released by the EIA showed.

Wed, 13 Sep 2017 15:08:10 GMT

US PPI surges 0.2% in August

According to the data published by the US Bureau of Labour statistics, the country's PPI for final demand soared 0.2% over the course of August, missing analysts' expectations for a 0.3% rise.

Wed, 13 Sep 2017 15:07:36 GMT

EA19 industrial production jumps 0.1% in July

Data released by Eurostat on Wednesday revealed that industrial production in the Euro area was up 0.1% over the month of July.

Wed, 13 Sep 2017 14:20:49 GMT

Erdogan adviser expects Turkey-Germany ties to improve

Tayyip Erdogan's adviser sees a recovery in Turkey's ties with Germany and the European Union early next year that should boost the country's tourism and export prospects.

Wed, 13 Sep 2017 14:01:05 GMT

Comcast targets business customers, launching new platform

On Wednesday, the biggest US cable provider Comcast triggered a new business platform and application with faster connections amid its intention to boost sales to commercial consumers.

Wed, 13 Sep 2017 13:27:51 GMT

French labour reforms' impact to be felt within 12-18 months

France's Jr. Economy Minister Benjamin Griveaux stated on Wednesday that the positive impact of the Emmanuel Macron's labour market reforms would be felt in 12 to 18 months.

Wed, 13 Sep 2017 13:18:20 GMT

China seeks to promote foreign investment

According to a state radio, China's Cabinet is willing to ask the Commerce Ministry to propose required measures as it seeks to further promote foreign investment.

Wed, 13 Sep 2017 12:34:21 GMT

Top EU members agree to limit China's takeovers

On Wednesday, Germany, France and Italy had welcomed the EU head Jean-Claude Juncker's proposal to curb China's ability to buy up the European firms in infrastructure, energy and tech manufacturing.

Wed, 13 Sep 2017 12:20:31 GMT

Suicide bomb kills two in Afghan capital

No less than two people were killed after a terrorist blew himself up in the Afghani capital of Kabul close to a cricket stadium on Wednesday. 

Wed, 13 Sep 2017 11:17:22 GMT

Juncker calls not to separate Euro zone Parliament, budget

The European Commission head Jean-Claude Juncker stated that the European Union should not separate the Euro zone Parliament or budget, but should have an Economy and Finance Minister.

Wed, 13 Sep 2017 11:17:06 GMT

Slovakia names new Education Minister

The SNS Party candidate Martina Lubyova was appointed as a new Slovak Education Minister on Wednesday, ending a month-long coalition crisis.

Wed, 13 Sep 2017 09:58:18 GMT

China issues more AML guidelines

Chinese authorities on Wednesday issued more guidelines for stopping money laundering, tax evasion and terrorism financing.

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