News

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Fri, 02 Mar 2018 05:07:05 GMT

Registration for new parties begins in Thailand

On Friday, Thailand's Election Commission began the registration for new political parties, marking the first official political activity allowed in the state since the coup in 2014.

Fri, 02 Mar 2018 04:34:36 GMT

Facebook finishes split News Feed test

Facebook announced that it finished the test that split the News Feed in two to check how users consumed news in six countries.

Fri, 02 Mar 2018 04:31:28 GMT

South Korea to nominate new BoK chief

The President of South Korea Moon Jae-in is anticipated to nominate the central bank's new chief next on Monday next week.

Fri, 02 Mar 2018 03:03:18 GMT

Japanese unemployment rate falls unexpectedly in January

Official data released on Friday showed that the Japanese unemployment rate dropped to 2.4% in January, whereas analysts expected it to remain unchanged at 2.8%.

Fri, 02 Mar 2018 03:02:17 GMT

Japanese unemployment rate falls unexpectedly

Official data released on Friday showed that the Japanese unemployment rate dropped to 2.8% in January, whereas analysts expected it to remain unchanged at 2.8%.

Fri, 02 Mar 2018 02:59:21 GMT

Tokyo core consumer prices rise 0.9% last month

The Statistics Bureau reported that its core CPI for Tokyo rose 0.9% year-on-year in February, following the prior month's increase of 0.7% and surpassing analysts' expectations for a 0.8% climb.

Thu, 01 Mar 2018 21:21:44 GMT

P&G cuts digital advertising spend by $200M last year

Procter & Gamble stated that the company cut digital ad spending by $200M in 2017, as reports showed that its advertisements ailed to reach the target audience effectively.

Thu, 01 Mar 2018 21:21:02 GMT

DowDuPont expects $4.5B record sales in agriculture division

Chemical business DowDuPont stated that it anticipated the company's agriculture division to post record sales of $4.5B amid recent and further product launches.

Thu, 01 Mar 2018 20:24:59 GMT

Exxon exits some Russia's joint ventures due to sanctions

Exxon Mobil is set to quit some of its joint ventures with Russia's company Rosneft, citing 2014 Western sanctions.

Thu, 01 Mar 2018 20:23:54 GMT

Trump: US to impose tariffs on aluminium, steel imports

The US President Donald Trump made an announcement that he would impose a 25% tariff on imported steel and 10% on aluminium to protect the country's industry.

Thu, 01 Mar 2018 19:21:52 GMT

US, EU approve Essilor €48B worth merger with Luxottica

The US and EU competition regulators approved the €48B merger with Italia's eyewear producer Luxottica and France's lens maker Essilor, sending companies' shares higher.

Thu, 01 Mar 2018 19:21:05 GMT

Zuckerberg's $500M Facebook stock sold in February

The Chief Executive Officer of Facebook Mark Zuckerberg sold $500M in shares of the company in February to finance his Chan Zuckerberg Initiative.

Thu, 01 Mar 2018 18:20:40 GMT

EU negotiator says UK can get only free trade agreement

The EU Brexit negotiator stated that London's stance on the city's future relations with the bloc left the only option of the free trade agreement.

Thu, 01 Mar 2018 18:20:15 GMT

US Manufacturing PMI at 60.8 in January

The Institute of Supply Management stated that its Manufacturing PMI increased to 60.8 last month, following 59.1 in January.

Thu, 01 Mar 2018 16:50:20 GMT

US consumer prices pick up in January

The Commerce Department stated that the US consumer inflation measured by the PCE Price Index increased 0.4% In January, the strongest monthly gain since September 2017.

Thu, 01 Mar 2018 16:50:08 GMT

Brazil GDP growth weaker than anticipated in Q4

Brazil's GDP grew at a weaker-than-expected pace in the Q4 amid fluctuations in exports of agricultural products, the report showed on Tuesday.

Thu, 01 Mar 2018 16:04:13 GMT

EZ manufacturing slows again last month

The Euro zone's manufacturing growth weakened a little further in February, but remained strong, as most manufacturers across the bloc kept solid expansion pace.

Thu, 01 Mar 2018 16:03:15 GMT

Putin sees shrinking workforce to curb Russia's economic growth

The President of Russia Vladimir Putin stated that a shrinking labour force in the country is likely to limit its economic expansion in the following years.

Thu, 01 Mar 2018 15:32:46 GMT

AB InBev forecasts strong growth this year

The world's biggest brewer Anheuser-Busch InBev is expecting the strong 2018 growth, after a rebound in Brazil had led to the high earnings at the last year's end.

Thu, 01 Mar 2018 15:29:36 GMT

Another 2.4M Equifax consumers affected by data breach

On Thursday, Equifax reported that it had found another 2.4M of the US consumers hit by a data breach in 2017, bringing the total number to 147.9M.

Thu, 01 Mar 2018 14:33:52 GMT

Kohl's posts better-than-expected Q4 sales growth

On Thursday, Kohl's reported its same-store sales surged 6.3% in the Q4 ended January 27, slightly beating the forecasts for a 6.1% rise.

Thu, 01 Mar 2018 14:30:59 GMT

US jobless claims drop 10K last week

The US Department of Labour reported that unemployment claims were down 10K, reaching the 210K mark in the week ended February 24, following the prior month's downwardly revised 220K drop.

Thu, 01 Mar 2018 13:32:25 GMT

Finnish coalition may be dissolved if healthcare reform fails

On Thursday, Finnish PM Juha Sipila stated that he could dissolve the centre-right coalition government in case it failed with its plan on the local government and healthcare reform within the next months.

Thu, 01 Mar 2018 11:57:32 GMT

EU Council: Greece to enhance its anti-graft efforts

The European Council called on Greece to step up its efforts to bar the judges and lawmakers from corruption and improve the party financing transparency.

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