News

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Thu, 07 Sep 2017 19:07:25 GMT

China agrees UN should take more actions against North Korea

China agreed that the UN should take more actions against North Korea following its recent nuclear test, while also insisting on talks to help resolve the standoff. 

Thu, 07 Sep 2017 19:01:15 GMT

Trump prefers to avoid military action on North Korea

The US President Donald Trump said he would prefer to avoid military action on North Korea to deal with its nuclear threat, but added that previous diplomatic efforts failed to put pressure on Pyongyang to stop developing missiles.

Thu, 07 Sep 2017 18:05:27 GMT

Trump sees good reasons to remove debt ceiling

The US President Donald Trump saw a number of good reasons to get rid of the US debt ceiling as Senate Democrats started to explore a possible deal with the US leader to end recurring fiscal standoffs.

Thu, 07 Sep 2017 17:58:43 GMT

Macron supports German idea of European Monetary Fund

France's President Emmanuel Macron supported Germany's idea of a European Monetary Fund to withstand economic shocks in the Eurozone member states, but highlighted the ultimate goal of deeper integration should remain in the Euro area's budget.

Thu, 07 Sep 2017 16:56:23 GMT

Draghi criticises Estonia's initiative to launch digital currency

The ECB President Mario Draghi criticised the Estonian government's proposal to introduce a state-managed digital currency, adding that the Euro was the only valid currency in the Euro area.

Thu, 07 Sep 2017 16:55:59 GMT

Low interest rates present major source of concern, German financial watchdog says

The persistent low interest rate environment in major markets such as Europe, the US and the UK is a serious source of concern, the President of the German financial regulatory authority said.  

Thu, 07 Sep 2017 15:58:53 GMT

Trump: DACA recipients can relax

On Thursday, the US President Donald Trump said that youngsters protected by the Deferred Action for Childhood Arrivals program did not have to worry about their status during the next half a year.

Thu, 07 Sep 2017 15:54:14 GMT

Hurricane Irma claims lives of eight on island of Saint Martin

Hurricane Irma is reported to have claimed lives of at least eight people on the island of Saint Martin located in the Caribbean Sea.

Thu, 07 Sep 2017 15:17:32 GMT

Euro zone GDP expands 0.6% in Q2 2017

Data released by Eurostat on Thursday revealed that the Euro area's GDP rose by 0.6% on a seasonally-adjusted basis in the Q2 of 2017.

Thu, 07 Sep 2017 15:17:13 GMT

Draghi: exchange rate crucial for inflation outlook

The European Central Bank President Mario Draghi said on Thursday that the exchange rate was not their policy target, but was still "very important" for the medium-term inflation outlook.

Thu, 07 Sep 2017 13:58:38 GMT

US revised Q2 non-farm productivity misses forecasts

According to the data released by the US Bureau of Labour Statistics, revised non-farm productivity came in at 1.5% in the second quarter of 2017, missing analysts' expectations.

Thu, 07 Sep 2017 13:58:15 GMT

US jobless claims rise to 298K last week

The US Labour Department reported that the number of people filing for unemployment benefits surged 62K to hit 298K over the course of the previous week.

Thu, 07 Sep 2017 13:28:10 GMT

Canadian building permits down 3.5% in July

Data released by Statistics Canada revealed that the country's municipalities issued $7.9B worth of building permits over the course of July, down 3.5% from the prior month.

Thu, 07 Sep 2017 13:27:24 GMT

ECB leaves rates unchanged

At its latest policy meeting, the European Central Bank decided to leave its benchmark interest rate unchanged at 0.00%.

Thu, 07 Sep 2017 11:39:10 GMT

GoPro might adjust profits

The producers of the wearable cameras expect to post high profits at the end of the year quarter. However, the third quarter profits might be adjusted to the downside.

Thu, 07 Sep 2017 11:38:40 GMT

China agrees on North Korean sanctions

On Thursday Chinese officials announced that they agree that the United Nations need to impose more sanctions on North Korea.

Thu, 07 Sep 2017 11:18:15 GMT

UN forecasts Myanmar violence caused migration

A United Nations agency on Wednesday announced that about 300,000 Muslims might flee Myanmar to the neighbouring Bangladesh.

Thu, 07 Sep 2017 11:17:45 GMT

Macron urges better relations with Turkey

In a recent interview the President of France Emmanuel Macron stated that Turkey remains a partner to the EU and ties have to be maintained.

Thu, 07 Sep 2017 10:17:21 GMT

North Korea pledges to take 'powerful measures' to counterattack sanctions

North Korea said on Thursday that 'powerful counter measures' would be taken to deal with US pressure, thus responding to sanctions planned against the country.

Thu, 07 Sep 2017 10:03:14 GMT

UN agency reports decrease in food prices in August

The price index of the UN Food and Agriculture Organisation reported on Thursday a 1.3% decrease in global food prices in August caused by exceptionally good harvests.

Thu, 07 Sep 2017 09:08:26 GMT

China supports more UN actions against North Korea

On Thursday, China agreed that the United Nations Security Council must take more action on the North Korean crisis. At the same time, China urges to solve the conflict via diplomatic means.

Thu, 07 Sep 2017 09:03:54 GMT

Poroshenko opposes early elections

On Thursday, the Ukrainian President Petro Poroshenko emphasized that he opposes both early presidential and parliamentary elections and called such proposals "irrational".

Thu, 07 Sep 2017 08:01:08 GMT

South Koreans protest against THAAD deployment

On Thursday, thousands of South Koreans clashed with law enforcement officers, protesting against the US THAAD defence system deployment.

Thu, 07 Sep 2017 08:00:58 GMT

Abe calls for quick action on North Korean crisis

On Thursday, the Japanese Prime Minister Shinzo Abe urged international community to act quickly on the escalating North Korean crisis.

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