News

Note: This section contains information in English only.
Fri, 30 Mar 2018 03:26:39 GMT

Japan's ASO says not to enter FTA with US

Taro Aso, the Finance Minister of Japan, stated that Japan must not enter a free trade agreement with the US to correct trade imbalances.

Fri, 30 Mar 2018 03:26:06 GMT

Under Amour: 150M accounts of MyFitnessPal breached

Under Amour stated that data from nearly 150M MyFitnessPal fitness and diet application accounts was compromised in February, sending the company's shares down 3% in after-hours trade.

Fri, 30 Mar 2018 02:29:50 GMT

Japanese jobless rate drops unexpectedly in February

The Japanese unemployment rate fell to 2.5% in February from the preceding month's 2.4%, while analysts held expectations for an increase to 2.6%.

Fri, 30 Mar 2018 02:29:07 GMT

Tokyo core consumer prices grow 0.8% in March

Japan's Statistics Bureau reported that core consumer prices in the city of Tokyo rose 0.8% in March, whereas analysts anticipated a climb of 0.9%.

Thu, 29 Mar 2018 20:26:16 GMT

Facebook starts ‘fact-checking' videos and photos

Facebook stated that it begun the "fact-checking" videos and photos to diminish false news stories and hoaxes, which plagued the social media network.

Thu, 29 Mar 2018 20:25:44 GMT

Trump: infrastructure plan to wait until elections in 2018

The US President Donald Trump stated that implementation of his infrastructure plan would likely has to wait up to the congressional elections in November.

Thu, 29 Mar 2018 19:25:16 GMT

Microsoft Windows head to quit due to reorganisation

Microsoft stated that Terry Myerson, the company's Vice President of Windows and devices businesses, is expected to leave due to the main management reshuffle, which put the focus on cloud products.

Thu, 29 Mar 2018 19:24:43 GMT

Atlanta Fed sees US GDP growth pace of 2.4% in Q4

The US economy is expected to expand at a 2.4% yearly growth pace in the Q4, following reports on advanced personal spending and trade data, the Atlanta Fed stated.

Thu, 29 Mar 2018 18:01:18 GMT

US natural gas supplies fall by 63B cubic feet last week

Data released by the US Energy Information Administration on Thursday showed that domestic natural gas supplies were down by 63B cubic feet in the week ended 23 March.

Thu, 29 Mar 2018 18:00:50 GMT

UoM consumer sentiment for March matches forecasts

The University of Michigan consumer sentiment came in at 101.4 for the month of March, broadly in line with expectations.

Thu, 29 Mar 2018 17:00:49 GMT

Chicago PMI falls below 60-point mark

According to the data released by the ISM, the Chicago PMI came in at 57.4 for the month of March, falling below the 60-point mark for the first time since August 2017.

Thu, 29 Mar 2018 17:00:37 GMT

US February core PCE price index up 0.2%

The Bureau of Economic Analysis reported that the US core PCE price index for February grew 0.2%, in line with estimates.

Thu, 29 Mar 2018 16:37:53 GMT

Canada's GDP drops 0.1% in January

Statistics Canada reported on Thursday that the country's GDP slid 0.1% over the course of January, missing analysts' expectations.

Thu, 29 Mar 2018 16:37:37 GMT

UK mortgage approvals fall to 64K in February

Data released by the Bank of England showed that February mortgage approvals fell below their six-month average for both home purchase and re-mortgaging. 

Thu, 29 Mar 2018 15:23:23 GMT

German unemployment drops by 19K in March

The German Federal Employment Agency revealed on Thursday that the country's unemployment dropped by 19K over the course of March.

Thu, 29 Mar 2018 15:22:06 GMT

UK final Q4 2017 GDP in line with forecasts

According to the data released by the UK Office for National Statistics, the state's GDP for the final quarter of 2017 expanded at a pace of 0.4%.

Thu, 29 Mar 2018 14:34:17 GMT

China's iQiyi prices its US IPO at $18 per share

On Wednesday, China's streaming platform iQiyi priced its US IPO at $18 per share, which is in the middle of the company's target range of $17-$19 per share.

Thu, 29 Mar 2018 14:31:41 GMT

Sky's Italian unit, Open Fiber clinch broadband deal

Sky's Italia unit and the broadband firm Open Fiber signed a deal to stream programmes and offer the high-speed broadband services, a source familiar with the issue stated.

Thu, 29 Mar 2018 13:33:34 GMT

Ex-Microsoft manager becomes RCI's Executive Secretary

The former manager of Microsoft China Christina Feng was appointed as the Responsible Cobalt Initiative's first Executive Secretary to address environmental and social risks in a cobalt supply chain.

Thu, 29 Mar 2018 13:28:49 GMT

HP's COO Flaxman dies at 61

On Wednesday, HP announced its Chief Operating Officer Jonathan Flaxman had died at the age of 61, after serving at the company for over 36 years.

Thu, 29 Mar 2018 12:36:58 GMT

US initial jobless claims drop 14K last week

The number of applications for US unemployment benefits plunged to 229K in the week ending March 24, following the prior month's 229K reading, and missing analysts' estimates for a 230K rise.

Thu, 29 Mar 2018 12:32:32 GMT

Telegram goes down on Thursday in UK, Europe and Middle East

On Thursday, the messaging app Telegram suffered connection issues in Europe, Britain and Middle East due to a server power outrage, the company reported via its Twitter account.

Thu, 29 Mar 2018 11:23:15 GMT

BMW, Daimler to combine car-sharing and EVs charging units

On Wednesday, BMW and Daimler unveiled their plans to merge their electric vehicle charging and car-sharing businesses in an effort to outrace their rivals Uber and China's Didi Chuxing.

Thu, 29 Mar 2018 11:23:07 GMT

Nokia to phase out 353 job positions in Finland

On Thursday, Nokia announced it would cut 353 jobs in Finland during this year amid weak global market and the company's global cost-saving plan.

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