News

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Wed, 14 Mar 2018 10:01:00 GMT

Shinzo Abe denies accusations

The Prime Minister of Japan Shinzo Abe on Wednesday denied the accusations that he is involved in a controversial real estate sales arrangement.

Wed, 14 Mar 2018 10:00:22 GMT

Stocks and US Dollar continue to fall

Global stocks continued to decline, as the European markets opened for Wednesday's trading. Meanwhile, the US Dollar also continued to decline. The fluctuations were caused by increased trade war fears.

Wed, 14 Mar 2018 09:34:35 GMT

ExxonMobil to resume paying corporate tax in Australia

On Wednesday, ExxonMonil stated it was expecting to renew paying the Australian corporate tax as soon as 2021.

Wed, 14 Mar 2018 09:32:14 GMT

US airlines sees boost in passengers during spring

The US airline industry is expecting the passenger number to hit all-time high this spring amid competition growth among carriers ahnd lower fares that make flights available to general public.

Wed, 14 Mar 2018 07:54:31 GMT

Japan firms unlikely to meet PM Abe's 3% wage growth goal

On Wednesday, Japan's big companies agreed to lift wages for the fifth consecutive year; however, the majority of firms will not manage to achieve the Prime Minister Shinzo Abe's 3% goal.

Wed, 14 Mar 2018 07:54:19 GMT

Google to launch free WiFi hotspots across Mexico

Google is set to bring free WiFi hotspots or a network to Mexico in its efforts to enhance connectivity in the emerging markets and expand in Latin America.

Wed, 14 Mar 2018 07:35:53 GMT

South Korean Foreign Minister still expected to visit US

The Foreign Minister of South Korea is set to visit the United States as scheduled on Thursday, despite the State Secretary Rex Tillerson's dismissal.

Wed, 14 Mar 2018 07:33:22 GMT

Stephen Hawking dies at 76 on Wednesday

The British theoretical physicist Stephen Hawking, who had been publishing the popular books about the mysteries in the Universe, died at 76 on Wednesday's morning.

Wed, 14 Mar 2018 05:59:47 GMT

Asian markets decline

On Wednesday morning Asian share prices declined. Meanwhile, the US Dollar also lost value. The reason for the decline were the newly proposed US tariffs on China.

Wed, 14 Mar 2018 05:59:09 GMT

Trump's tariffs overshadow Chinese growth

The newly proposed tariffs on China have eliminated any possible correction in Asian asset pricing that should have been caused by the better than expected Chinese industrial growth data.

Wed, 14 Mar 2018 05:32:53 GMT

Corporate America prepares for bankruptcies

As the period of easily available funds ends due to a change in monetary policy, debt restructuring experts are preparing for an increase in business.

Wed, 14 Mar 2018 05:32:28 GMT

Google will ban cryptocurrency ads

Google of Alphabet Inc on Wednesday announced that the company will prohibit cryptocurrency advertisement and related content on its website starting from June.

Wed, 14 Mar 2018 04:33:24 GMT

Toyota to raise monthly salaries by ¥1.3K in following year

Toyota Motor is expected to raise monthly wages by more than ¥1.3K for the one year period beginning in April, local media stated.

Wed, 14 Mar 2018 04:32:01 GMT

Trump seeks tariffs on $60B China's goods

The US President Donald Trump was considering the implementation of tariffs on nearly $60B of China's imports, targeting telecommunications, technology and apparel sectors.

Wed, 14 Mar 2018 03:20:42 GMT

Chinese industrial production grows 7.2% in February

The National Bureau of Statistics of China reported on Wednesday that industrial production grew 7.2% on an annual basis in February, after rising 6.2% in the prior month.

Wed, 14 Mar 2018 03:19:53 GMT

Japanese core machinery orders post stronger-than-expected rebound

Japan's Cabinet Office reported that core machinery orders rose 8.2% in January, following a drop of 9.3% in December and surpassing analysts' expectations for a 5.3% increase.

Tue, 13 Mar 2018 21:04:29 GMT

Sri Lanka to lift ban imposed on Facebook, WhatsApp

The Sri Lankan Telecommunication Minister Harin Fernando reported on Tuesday that the government was likely to lift the ban imposed on Facebook and WhatsApp.

Tue, 13 Mar 2018 21:03:42 GMT

Adidas to buy back up to €3B of its shares

Adidas, a German sportswear company, reported on Tuesday that it would buy back up to €3B of its shares by May 11, 2021.

Tue, 13 Mar 2018 19:56:04 GMT

Kudlow emerges as front-runner to become Trump's top economic adviser

The US President Donald Trump said on Tuesday that Lawrence Kudlow, an American conservative commentator, was the front-runner to become his next top economic adviser.

Tue, 13 Mar 2018 19:55:07 GMT

British economy to grow 1.5% in 2018

On Tuesday, the OBR revised up its 2018 growth forecast for the UK economy to 1.5% from November's 1.4% but left its growth projection for both 2019 and 2020 unchanged at 1.3%.

Tue, 13 Mar 2018 18:55:52 GMT

UK media regulators says RT could lose license

The UK media regulator reported on Tuesday that Russia Today could lose its license in Britain if the UK PM Theresa May's ex-spy poisoning allegations proved to be true.

Tue, 13 Mar 2018 18:54:14 GMT

European stocks end day in red after Rex Tillerson's firing

Major European stock markets closed firmly in the red on Tuesday as the Euro climbed against the US Dollar after the US President Donald Trump fired the Secretary of State Rex Tillerson.

Tue, 13 Mar 2018 18:01:25 GMT

Moldova's ex-MP imprisoned over spying for Russia

Moldova's former Member of Parliament Yuri Bolboceanu has been sentenced to 14 years in jail on charges of spying for Russia's military intelligence.

Tue, 13 Mar 2018 18:00:47 GMT

VW's record profit drives up CEO's salary package

On Tuesday, Volkswagen said that the group's record profit drove up its CEO Matthias Mueller's salary package by around 40% to $12.47M last year.

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