News

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Tue, 13 Mar 2018 05:22:14 GMT

Reuters: Japan to ask G20 for stricter AML rules for cryptocurrencies

Japan is set to urge other G20 countries to make stricter rules on cryptocurrencies in order to prevent their use for money laundering, as reported by Reuters.

Tue, 13 Mar 2018 05:11:24 GMT

Ofo receives $866M in financing led by Alibaba Group

The Chinese bike-sharing enterprise Ofo Inc has raised a record $866M in financing from both equity and credit investments led by Alibaba Group Holding Inc.

Tue, 13 Mar 2018 04:28:42 GMT

Japans wholesale prices increase 2.5% y/y in February

Japan's wholesale prices showed a 2.5% rise year-over-year in February, following a 2.7% gain in the prior month, the Bank of Japan stated,

Tue, 13 Mar 2018 04:27:17 GMT

Apple to buy Texture, digital magazine service

Apple is set to buy Texture, the digital service company providing access to magazine articles published by different companies for a subscription fee each month.

Tue, 13 Mar 2018 02:59:12 GMT

Mood of Australian businesses worsens last month

National Australia Bank reported on Tuesday that its Business Confidence Index dropped to 9 in February from the prior month's 11.

Tue, 13 Mar 2018 02:56:58 GMT

Japanese producer prices rise 2.5% in February

The Bank of Japan reported that its PPI climbed 2.5% last month, after rising 2.7% in January, in line with analysts' forecasts.

Mon, 12 Mar 2018 21:01:36 GMT

Chile to implement belt-tightening measures

Having inherited a bigger-than-expected fiscal deficit from the previous administration, the new Chilean government is now ready to implement belt-tightening measures.

Mon, 12 Mar 2018 21:01:11 GMT

Apple Music paid subscribers' number hits 38M

Speaking at the South by Southwest festival in Austin, TX, Apple's Senior VP of Internet Software and Services revealed that Apple Music now has 38M paid subscribers.

Mon, 12 Mar 2018 20:09:52 GMT

Trudeau supports Canada's metal workers

The Prime Minister of Canada has made an attempt to reassure the state's metal workers concerned about possible US tariffs that the government would always back them.

Mon, 12 Mar 2018 20:09:02 GMT

Trump to host Saudi Crown Prince at White House

On Monday, Trump's Press Secretary Sarah Sanders revealed that the US President would hold a meeting with the Saudi Crown Prince at the White House on 20 March.

Mon, 12 Mar 2018 18:52:58 GMT

Russia describes Theresa May's spy attack allegations as provocation

Russia described recent accusations made by the UK Prime Minister Theresa May that Moscow was likely responsible for poisoning the former Russian spy as a provocation.

Mon, 12 Mar 2018 18:51:32 GMT

US government posts $215B budget shortfall last month

The US Treasury Department reported on Monday that the government had a $215B budget deficit in February, compared to a budget shortfall of $192B in the same period last year.

Mon, 12 Mar 2018 18:20:54 GMT

DowDuPont CEO Andrew Liveris to leave company in April

Official sources reported on Monday that the DowDuPont CEO Andrew Liveris would step down on April 1, following up on the promise he made two years ago.

Mon, 12 Mar 2018 18:19:48 GMT

DowDuPont CEO Andrew Liveris to leave company in April

Official sources reported on Monday that the DowDuPont CEO Andrew Liveris would step down on April 1, following up on the promise he made two years ago.

Mon, 12 Mar 2018 18:11:41 GMT

DowDuPont CEO Andrew Liveris to leave company in April

Official sources reported on Monday that DowDuPont CEO Andrew Liveris would step down on April 1, following up on the promise he made two years ago.

Mon, 12 Mar 2018 18:03:35 GMT

Theresa May says Moscow ‘highly likely' behind ex-spy's poisoning

The British Prime Minister Theresa May stated on Monday that it was „highly likely" Russia was responsible for last week's poisoning of Sergei Skripal, the former Russian spy, and his daughter.

Mon, 12 Mar 2018 17:05:42 GMT

US inflation expectations hit highest since February 2017

Official data released by the New York Fed on Monday showed that US inflation expectations climbed to 2.83% in February from the prior month's 2.71%, the highest since February 2017.

Mon, 12 Mar 2018 16:55:09 GMT

Rex Tillerson says several steps needed for US-North Korea talks

On Monday, the US Secretary of State Rex Tillerson stated that several steps would be necessary to agree on the location and scope of the upcoming talks between the US and North Korea.

Mon, 12 Mar 2018 16:37:34 GMT

Broadcom to redomicile by April 3

Broadcom, a Singapore-based fabless semiconductor company, said on Monday that it expected to redomicile to the US by April 3.

Mon, 12 Mar 2018 16:07:47 GMT

US Commerce Secretary to call on EU to lower tariffs

The US President Donald Trump reported on Monday that the US Commerce Secretary Wilbur Ross would call on the EU to lower trade barriers.

Mon, 12 Mar 2018 15:34:23 GMT

Goldman Sachs' Schwartz announces retirement

On Monday, Harvey Schwartz announced his would retire from Goldman Sachs on April 20, raising the chances of his co-Chief Operating Officer David Solomon to become the CEO Lloyd Blankfein's successor.

Mon, 12 Mar 2018 15:17:16 GMT

South Korea's Security Chief to meet Russia's Foreign Minister

According to TASS news agency, South Korea's Security Chief Chung Eui-yong is set to travel to Russia this week and will hold a meeting with the country's Foreign Minister Sergei Lavrov.

Mon, 12 Mar 2018 14:30:30 GMT

Tesla suspends production of Model 3 over upgrade

Tesla has temporarily suspended its Model 3 electric car production, starting from the February's end, amid the scheduled upgrade of equipment, as it seeks to improve automation and raise production rates.

Mon, 12 Mar 2018 14:24:07 GMT

South Korea to halt trading in Samsung Electronics

On Monday, South Korean stock exchange stated it would halt trading in Samsung Electronics for three days ahead of the stock's split, adding the dates would be announced by the company.

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