News

Note: This section contains information in English only.
Thu, 22 Feb 2018 16:02:14 GMT

CB Leading Index for US improves more than expected last month

The Conference Board reported on Thursday that its Leading Index for the US economy rose 1.0% in January, after climbing 0.6% in the prior month, whereas analysts anticipated an increase of 0.7%.

Thu, 22 Feb 2018 15:34:34 GMT

Russian bank Otkritie seeks more funding from central bank

The Bank of Russia was set to pledge extra capital to Oktritie Bank in additional to already provided $8B last year, Otkritie's CEO stated on Thursday.

Thu, 22 Feb 2018 14:35:03 GMT

Ford Motor's US head quits after behaviour probe

Ford Motor's President in North America Raj Nair has departed abruptly from the company, following an internal inquiry that found his behaviour was incompatible with the company's standards of conduct.

Thu, 22 Feb 2018 14:14:17 GMT

Latvia's ABLV bank asks for €480M loan to reopen for business

Latvian bank ABLV sought €480M loan from the central bank, seeking to reopen its doors after it was forced to cease all payments amid accusations of money laundering.

Thu, 22 Feb 2018 13:36:03 GMT

US jobless claims drop 8K last week

The US Department of Labour reported that unemployment claims were down 8K, reaching the 222K mark in the week ended February 17, missing analysts' expectations.

Thu, 22 Feb 2018 13:32:41 GMT

EU court orders Dutch to halt corporate tax break

On Thursday, the European Court ordered the Netherlands to end the disputed corporate tax advantages as they breach the bloc's rules.

Thu, 22 Feb 2018 12:37:45 GMT

Americans choose bank branches for opening new accounts

According to a Novantas survey, at least 60% of Americans prefer to open a new account at bank branches, instead of mobile apps, saying online-only banks appear to be "less legitimate".

Thu, 22 Feb 2018 12:37:35 GMT

Snapchat to roll out new update after users cull redesign

Snapchat promised it would launch a new update within the coming weeks to make some changes to its "Friends and Discover" app section, after users balked at its latest redesign.

Thu, 22 Feb 2018 11:14:53 GMT

New suspects searched amid Audi emissions row

On Thursday, German prosecution said it had been searching the three new suspects' homes amid the alleged links to the Audi emissions scandal.

Thu, 22 Feb 2018 10:52:29 GMT

Iran to leave nuclear deal if no economic benefit

Iran is set to withdraw from the 2015 nuclear deal in case it brings no economic benefit, while major banks keep doing business with the Islamic State.

Thu, 22 Feb 2018 10:30:28 GMT

Ukraine lawmakers seek voting on central bank governor

Ukraine's government might vote on approving the candidate for the central bank governor's role on March 1, a Speaker for the Parliament Andriy Parubiy stated on Thursday.

Thu, 22 Feb 2018 10:28:14 GMT

Net migration into UK drops in year to Sept. 2017

The number of migrants in Britain plunged 29K to 244K in the year to September 2017, compared to the year of 2016, according to official data published on Thursday.

Thu, 22 Feb 2018 09:34:40 GMT

Uber CEO: no change in India operations after SoftBank deal

Uber Technologies' CEO stated on Thursday that there were not expected any change in its India business after the SoftBank investment deal.

Thu, 22 Feb 2018 09:31:25 GMT

Germany's highest court to decide on 15M diesel cars' fate

The highest administrative court of Germany in Leipzig will decide on Thursday on the fate of 15M diesel vehicles over the presumable ban in case of heavy pollution of the country.

Thu, 22 Feb 2018 08:34:25 GMT

Germany halts visas for Cambodia's officials amid crackdown

Germany decided to suspend the preferential visas for the Cambodia government members' private travels, including the country's PM Hun Sun, amid the authorities' crackdown on its opposition.

Thu, 22 Feb 2018 08:31:09 GMT

Twitter bars bots' tactics on spreading false stories

On Wednesday, Twitter stated it would not let people make posts with identical content from multiple accounts in its crackdown on such a tactic used to make topics or tweets to go viral.

Thu, 22 Feb 2018 07:20:20 GMT

Oil prices edge lower in response to stronger US Dollar

Oil prices fell early on Thursday, as the positive response from reduced US crude inventories could not outweigh a stronger Greenback.

Thu, 22 Feb 2018 07:15:09 GMT

South Korea to check GM's plants in quick manner

The South Korean Finance Minister Kim Dong-yeon told media on Thursday that due diligence in General Motors Co's plants in the country would be conducted in a rapid manner.

Thu, 22 Feb 2018 06:23:42 GMT

GM considers $4B in asset sales, not intended to sell stock

General Electric was looking upon the first $4B in asset sales within the company's plans for $20B in disposals, the CFO stated, but had no plans for selling stock.

Thu, 22 Feb 2018 06:22:48 GMT

Fed Kashkari doubts if tax cuts results in higher investment

Minneapolis Fed President Neel Kashkari stated that the finest effect of the $1.5T tax overhaul on the US economy is that it fuels investment and productivity, but noted that the prospect is still unclear.

Thu, 22 Feb 2018 04:38:46 GMT

South Korea says relations with US solid

The President of South Korea Moon Jae-in stated that relations with the US are "strong and robust" and "rock solid" as ever, a media report showed.

Thu, 22 Feb 2018 04:35:39 GMT

Australian leader to raise TPP, China trade deal in Trump negotiations

China's increasing power and Trans-Pasfic trade agreement are expected to be the main issues to desciss when the US President Donald Trump and Australia's PM Malcolm Turnbull meet this week.

Thu, 22 Feb 2018 02:52:30 GMT

South Korea says it spent around 240M won on Kim's sister

South Korea reported on Thursday that its government spent nearly 240M won ($223,237) on the North Korean leader Kim Jong Un's younger sister during her three-day stay for the Winter Olympics.

Thu, 22 Feb 2018 02:51:15 GMT

New Zealand credit card spending rises 4.6% last month

The RBNZ reported on Thursday that national credit card spending climbed 4.6% in January, after rising 6.3% in the preceding month.

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