News

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Sat, 25 Nov 2017 06:19:04 GMT

BoJ Suzuki sees room to fine-tune YCC

BoJ's Hitoshi Suzuki pointed to a room to negotiate a fine-tuning of the Bank's yield curve control policy, fuelling chances of the rate hike before inflation meets its target.

Sat, 25 Nov 2017 05:15:14 GMT

Japan to spend nearly $17B to subsidize education

The Japanese government is likely to set aside around $17.93B to subsidize costs of education and enhance elderly care within an economic stimulus package due next month.

Sat, 25 Nov 2017 05:11:03 GMT

JP Morgan rents extra space in Frankfurt in response to Brexit

JP Morgan was the latest bank to respond to the UK looming quit from the EU by renting additional office space in Frankfurt, Germany, to accommodate more of its staff.

Sat, 25 Nov 2017 04:28:32 GMT

Brands abandon YouTube ads over children's images

Mondelez, Mars, Lidl and consumer goods makers scaled back ads from YouTube after clips of scantily dressed children were shown alongside the advertising of the main brands.

Sat, 25 Nov 2017 04:25:26 GMT

US regulator to sue Santander Bank on auto loans

The US consumer watchdog was preparing to sue Santander Bank, alleging that the Spain's bank overcharged borrowers over auto loans, sources said.

Sat, 25 Nov 2017 03:32:31 GMT

TransCanada regains 44K gallons of oil from spill site of Keystone pipeline

TransCanada stated that it recovered more than 1K barrels or 44K gallons of oil from a spill site of the Keystone pipeline in the city of Amherst, South Dakota.

Sat, 25 Nov 2017 03:32:00 GMT

Uber to announce price on SoftBank deal next week

Uber Technologies is set to proceed with a deal to bring in Japan's technology company SoftBank as a main investor by disclosing the price next week.

Fri, 24 Nov 2017 21:06:17 GMT

Global stock hits record highs, Euro strengthens against Dollar

Major US and global stock indices have reached the all-time highs during the New York session, supported by the strong corporate earnings, while the Euro has strengthened against the Dollar.

Fri, 24 Nov 2017 20:59:17 GMT

Macy's faces payment processing issues during Black Friday

According to the department store operator Macy's, payment processing with gift cards and some credit cards took much longer than usual in the stores during the Black Friday sales.

Fri, 24 Nov 2017 20:02:24 GMT

Ireland's government set to collapse weeks before summit on Brexit

The minority government of Ireland would set to collapse after the party has submitted no confidence motion in the deputy of PM, weeks before the Brexit summit.

Fri, 24 Nov 2017 20:00:50 GMT

Kosovo police arrests opposition leader

Police have arrested three lawmakers in Kosovo, including the main opposition leader, after they have failed to show up in the court on charges regarding the tear gas release in parliament.

Fri, 24 Nov 2017 19:00:25 GMT

GHOS to approach deal on bank capital rules

According to the ECB, the global banking regulators‘ oversight body would meet on December 7 to edge closer the deal on the post-financial crisis capital rules.

Fri, 24 Nov 2017 18:51:35 GMT

EU banks cut exposure to UK since vote on Brexit

European banks have cut exposures to Britain since the Brexit vote, as well as they were concerned about the cross-border deals‘ legality when the UK leaves the EU.

Fri, 24 Nov 2017 18:12:06 GMT

Armed police evacuate Oxford Circus underground station

Oxford Circus, London's underground station in the main shopping district, has been evacuated amid reports of shots fired, while armed police have surrounded the scene.

Fri, 24 Nov 2017 18:09:33 GMT

10 days left to deliver key Brexit issues: Tusk

According to chairman Tusk, Britain has 10 days left to deliver on three areas of the divorce terms with the EU if the country wants to negotiate future relations after Brexit.

Fri, 24 Nov 2017 17:07:59 GMT

Shares of US retailers rise amid consumer spending during Black Friday

Shares of the major US retailers like Amazon.com and Macy's have jumped dramatically on Friday, due to Black Friday, the highest consumer spending for the last two holiday seasons.

Fri, 24 Nov 2017 17:05:34 GMT

Thai Prime Minister reshuffles his cabinet for fifth time

According to the Royal Gazette, Thai First Minister Chan-ocha has reshuffled the cabinet, the fifth change during his administration since May 2014.

Fri, 24 Nov 2017 16:19:57 GMT

Uber appeals decision on worker's rights at Supreme Court

Uber has submitted an appeal request to the Supreme Court regarding the British tribunal's decision on the drivers' minimum wage and other workers‘ rights.

Fri, 24 Nov 2017 16:05:35 GMT

Wall Street hits record high on commodity prices and retail stocks

Wall Street has hit the record high on Friday, amid climbing commodity prices, as well as the retail stocks, underlying the beginning of the holiday shopping season.

Fri, 24 Nov 2017 15:30:33 GMT

Germany's President, party leaders to meet on Thursday

The President of Germany Frank-Walter Steinmeier is set to meet the Chancellor Angela Merkel, the SPD leader and Bavaria Conservatives' head on November 30.

Fri, 24 Nov 2017 15:22:34 GMT

Over 200 Mitsubishi clients may be hit by falsified product data

Mitsubishi Materials stated that more than 200 customers could be affected by the falsified product data, in the latest scandal over Japan manufacturer's quality compliance and assurance.

Fri, 24 Nov 2017 14:05:51 GMT

Ukraine, ex-Soviet states agree EU joint summit declaration

On Friday, Ukraine and other five ex-Soviet states agreed to sign the European Union summit declaration aimed at bringing the republics closer to the West.

Fri, 24 Nov 2017 13:34:51 GMT

France lowers sacking traders' costs to lure banks to Paris

France's Parliament accepted the measures to reduce sacking trades' cost by excluding bonuses from their compulsory redundancy payouts, as Paris seeks to lure banks after the Brexit.

Fri, 24 Nov 2017 13:23:50 GMT

Mnangagwa becomes new Zimbabwe President

On Friday, Emmerson Mnangagwa was sworn in as Zimbabwe's new President at the Harare national stadium, following his promises to protect the rights of country's 16M citizens.

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