News

Note: This section contains information in English only.
Wed, 08 Mar 2017 05:18:48 GMT

Strong Chinese trade data released

Better than expected Chinese trade data released on Wednesday morning reversed the direction of Asian stocks, as Asian stock markets rebounded and erased previously gained losses.

Tue, 07 Mar 2017 22:48:03 GMT

European countries seek US aid against Russia

On Tuesday, the Foreign Minister of Ukraine and several other Eastern European countries' officials addressed the Washington to help them resist Russia's cyber-attacks and other forms of influence.

Tue, 07 Mar 2017 22:36:03 GMT

Trump approves Obamacare replacement

On Tuesday, US President Donal Trump approved the Republican replacement plan for Obamacare; however,this brought a lot of disapproval and opposition from several conservative groups that by all means tried to complicate the plan's passage in Congress.

Tue, 07 Mar 2017 21:03:09 GMT

Fiat Chrysler's Marchionne stays positive on GM merger

On Tuesday, the CEO of Fiat Chrysler Sergio Marchionne said that he was still interested in a tie-up with General Motors, saying such deal would be "a good thing for the business".

Tue, 07 Mar 2017 21:02:21 GMT

Snap shares plummet 11%

On Tuesday, shares of the US technology and social media company Snap Inc dropped as much as 11% on the back of investor short-covering.

Tue, 07 Mar 2017 20:08:17 GMT

Oil prices unchanged on mixed signals from Saudi Arabia

Oil prices were unchanged on Tuesday, showing almost no reaction to mixed messages from the Saudi Arabian Oil Minister Khalid Al-Falih on the OPEC output cut deal outlook.

Tue, 07 Mar 2017 20:07:38 GMT

Microsoft services suffer outages

Microsoft tech support sites reported that a number of online services provided by the company had experienced several-hour outages in the US and Europe on Tuesday.

Tue, 07 Mar 2017 19:09:31 GMT

US Price says Republicans' health bill is first step

The US Secretary of Health and Human Services Tom Price said that the bill aimed at repealing Obamacare was the first step towards facelifting the country's healthcare system.

Tue, 07 Mar 2017 19:08:41 GMT

US IBD/TIPP economic confidence declines to 55.3

The IBD/TIPP poll revealed that the US Economic Optimism Index slipped 2.0% to 55.3 points in February compared with a 56.4 reading observed in the preceding month.

Tue, 07 Mar 2017 17:59:54 GMT

Porsche may introduce electric Macan version

Porsche's head of sales announced that the company might introduce an electric Macan SUV version, as VW, its parent organisation, attempts to recover from the dieselgate scandal.

Tue, 07 Mar 2017 17:59:24 GMT

Ivey PMI drops to 55.0 in February

The Ivey PMI released by the Richard Ivey School of Business declined to 55.0 in February from 57.2 registered in January, falling short of expectations for a 58.9 print.

Tue, 07 Mar 2017 17:06:25 GMT

GDT auction prices dive 6.3%

Prices in the fifth Global Dairy Trade auction of this year dropped 6.3%, coming in a notch below market analysts' expectations for an 8% slide.

Tue, 07 Mar 2017 17:04:47 GMT

US trade deficit rises to $48.5B in January

Following a $44.3B reading registered over the month of December, the US trade deficit widened to $48.5B in January, matching analysts' expectations.

Tue, 07 Mar 2017 16:09:19 GMT

Canada posts third straight monthly trade surplus

Trade surplus in Canada widened more than expected over the month of January, with exports totalling $46.45B and imports easing to $45.64B.

Tue, 07 Mar 2017 16:08:49 GMT

Euro zone GDP confirmed at 0.4% in Q4

Data released by Eurostat on Tuesday revealed that the Euro zone's GDP expanded 0.4% in the final quarter last year, matching the flash estimate.

Tue, 07 Mar 2017 15:33:32 GMT

China urges Myanmar & ethnic rebels for ceasefire

On Tuesday, China urged the Myanmar security forces and ethnic rebels for a ceasefire, calling to choose a peaceful way to resolve their disagreements.

Tue, 07 Mar 2017 14:21:35 GMT

Seat looks into options to sell vehicles in Iran

The CEO of the Volkswagen Spanish affiliated company Seat Luca de Meo is reviewing the possibilities of selling its vehicles in Iran as the company is eager to expand outside the European market.

Tue, 07 Mar 2017 14:08:08 GMT

Turkey foreign minister to visit Germany by all odds

The foreign minister of Turkey Mevlut Cavusoglu claimed he would visit Germany on Tuesday in spite of everything, otherwise Turkey would respond to any hostility it could face.

Tue, 07 Mar 2017 13:31:11 GMT

Argentine teachers stage strike over wages

On Monday, thousands of teachers had poured onto the streets in the Argentina's capital Buenos Aires, skipping the first working day in school, to claim for their wage raise amid surging inflation in 2016.

Tue, 07 Mar 2017 12:33:04 GMT

Euro zone economic growth picks up in 2016

During the final quarter of 2016 economic growth in the Euro zone soared, being driven mostly by higher household consumption, official data showed on Tuesday.

Tue, 07 Mar 2017 12:28:30 GMT

Avalanche hits French Tignes ski resort

On Tuesday, a snowslide hit the French Tignes ski resort in the Alps, sweeping away a number of skiers. All the rest people were evacuated; however, no information about the victims had been reported yet.

Tue, 07 Mar 2017 11:28:05 GMT

Thai opposition leader imprisoned for lese majeste

On Tuesday, the Thailand "red shirt" opposition leader Yosvaris Chuklom was sentenced to two years in jail by the Supreme Court for the insult aimed at the monarchy during the outcry in 2010.

Tue, 07 Mar 2017 11:00:52 GMT

Euro zone economic growth picks up in 2016

During the final quarter of 2016 economic growth in the Euro zone soared, being driven mostly by higher household consumption, official data showed on Tuesday.

Tue, 07 Mar 2017 11:00:36 GMT

Hungary to put migrants in camps

On Tuesday, the parliament of Hungary decided to toughen border control and round up migrants by putting them into camps along the southern border.

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