News

Note: This section contains information in English only.
Thu, 19 Dec 2019 19:41:15 GMT

Queen comments on Brexit

On Thursday, Queen Elizabeth stated that the top priority for the Prime Minister of the United Kingdom Boris Johnson is to get Brexit done on January 31.

Thu, 19 Dec 2019 19:11:29 GMT

Markets stay quiet on Thursday

During Thursday's US trading session, stock price indices remained almost flat. Some attributed the flat trading to the upcoming publication of US Final GDP.

Thu, 19 Dec 2019 17:40:05 GMT

Wall Street stays near record high

On Thursday, Wall Street stock indices remained near record high levels, as the US Treasury Secretary Steven Mnuchin announced that a trade deal with China is set to be signed in January.

Thu, 19 Dec 2019 16:48:22 GMT

US jobless claims decline

Data published on Thursday revealed that US weekly jobless claims have dropped from the two year high level reached last week.

Thu, 19 Dec 2019 16:10:44 GMT

General Motors recalls vehicles

On Thursday, General Motors announced the recall of 900,000 brand new vehicles to address issues with brake software.

Thu, 19 Dec 2019 14:44:04 GMT

Markets ignore Democrat impeachment

On Thursday, as the Democratic House of Representatives impeached US President Donald Trump, the financial markets did not react. This indicated that the political event is not set to change the economics of the US.

Thu, 19 Dec 2019 13:42:29 GMT

ECB could decrease interest rates

Research published by the ECB staff on Thursday revealed that the central bank could still decrease interest rates by going more into negative.

Thu, 19 Dec 2019 12:47:23 GMT

Oil trades near high level

At the middle of Thursday's London trading session, crude oil prices trade near a three month high level.

Thu, 19 Dec 2019 11:40:26 GMT

China announces tariff exemptions

On Thursday, the Chinese government announced a list of goods exempt from import tariffs. Among them were oil and chemical products from the US.

Thu, 19 Dec 2019 11:29:55 GMT

European shares trade flat

During Thursday's European trading hours, European stock indices traded flat. The flat trading was seen as a consolidation in the aftermath of previous gains.

Thu, 19 Dec 2019 09:40:44 GMT

Bank of England information leaks

On Thursday, the Bank of England admitted that the bank's feeds of press briefings have been leaking since earlier in 2019, handling market moving information to high speed traders.

Thu, 19 Dec 2019 09:02:49 GMT

Guedes says Brazil's debt under control

Paulo Guedes, the Brazilian Economy Minister, said on Wednesday that Brazil has brought its public debt under control with tax reform and spending cuts.

Thu, 19 Dec 2019 08:12:32 GMT

Asian shares pullback

Asian shares retreated from an eight-month high on Thursday, as investors and traders cashed out before of the holiday season trade.

Thu, 19 Dec 2019 07:03:54 GMT

Australian Dollar edges higher

On Thursday, the Australian Dollar edged higher after data suggested the country's unemployment rate has fallen. The Aussie climbed as high as $0.6883 during the morning hours of trading.

Thu, 19 Dec 2019 05:43:16 GMT

UK bans BAT from Instagram e-cigarette ads

The UK advertising watchdog ruled that British American Tobacco must stop s e-cigarettes' advertising from any public accounts on Instagram, including influencers' accounts.

Thu, 19 Dec 2019 05:39:51 GMT

Broadcom considers selling wireless chip unit

Broadcom was looking to sell one of the company's wireless chip units in order to go away from forte as chipmaker, the WSJ reported.

Thu, 19 Dec 2019 03:42:01 GMT

BMW, Daimler quit North America's car-sharing market

BMW AG and Daimler AG announced their plans to quit the North American car-sharing market and halt operations in New York, Montreal, Seattle and Vancouver.

Thu, 19 Dec 2019 03:36:45 GMT

Amazon, Google, Apple partner on home devices

Amazon.com, Alphabet's Google and Apple partnered to lay the groundwork for improving compatibility among companies' smart home devices.

Wed, 18 Dec 2019 19:45:25 GMT

UK toughens rules on ads

On Wednesday, UK competition regulators announced that tougher regulation of online ads is needed to avoid negative consequences in online advertising.

Wed, 18 Dec 2019 19:29:51 GMT

Fund managers expect Bull Run

On Wednesday, a report published by Reuters revealed that a majority of US fund managers expect global asset prices to surge during 2020.

Wed, 18 Dec 2019 17:42:01 GMT

Dutch farmers block infrastructure

On Wednesday, construction workers and farmers blocked roads in the Netherlands to protest latest changes in environmental protection rules.

Wed, 18 Dec 2019 16:40:40 GMT

FedEx stock price plummets

During Wednesday's US trading session, the stock price of FedEx plummeted by 9.2%, experiencing the stock's worst day since September.

Wed, 18 Dec 2019 16:14:17 GMT

FSB plans Libor dump

On Wednesday, the Financial Stability Board announced that it would survey national regulators on their progress to dump the Libor interest rate by the end of 2021.

Wed, 18 Dec 2019 15:42:26 GMT

Global stocks score high levels

During late Wednesday trading hours, global stock indices continued to fluctuate near record high levels, as the surge entered fifth session of gains.

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