China's online retailer JD.com has invested funds in the Vietnamese e-commerce company Tiki.vn in an attempt to strengthen its presence in Southeast Asia.
The People's Bank of China increased the rate on 63-day reverse repos by 5 basis points to 2.95% on Tuesday, thus adjusting it in accordance with other interbank rates.
Crude oil price surged to $70.37 a barrel on Monday, thus reaching the three-year high. The growth was generally driven by production cuts in Russia and OPEC nations as well as by strong demand of developing countries.
Hyundai's labour union stated that its members have accepted a tentative wage agreement its leaders negotiated with the company's management.
Ford Motor is expected to increase significantly its electric vehicle investment to $11B by 2022 and have 40 fully electric and hybrid cars in the model lineup.
Australian new motor vehicle sales jumped 4.5% last month, following November's rise of 0.2%, according to the ABS.
The Bank of Japan reported on Tuesday that its PPI rose 3.1% in December, after climbing 3.6% in the previous month, whereas analysts anticipated a 3.3% increase.
In a speech on Monday one of the BoE policy makers SIlvana Tenreyro revealed that the central bank still considers that it has ample time before it should consider a rate hike.
BoE policymaker Silvana Tenreyro on Monday revealed in a speech that most recently the bank has been watching unit labour costs and inflation as a guide for monetary policy.
According to Reuters some analysts are warning that the increasing US oil production might cause a decline in oil prices, which continue to trade at historical high levels.
On Monday oil prices remained near three year high levels. The prices reached high levels due to OPEC and Russian production cuts.
France anticipated the UK to pay more for security of the border and take more refugees in order to keep a frontier on the Channel's French side, France's government official stated.
The Government of Canada stated that it intended to invest C$49M to support an extension auto parts producer Linamar, helping to create 1,5K jobs in the country.
Resales of Canada's houses grew 4.5% in December, rising for the fifth month in succession, as the activity accelerated to avoid changes in mortgage rules, the CREA stated.
Russian GDP growth slowed 0.3% year-over-year in November, missing expectations for a 1.5% rise, hit by a decline in industrial production.
Total profit of Chinese central government-owned enterprises rose 15.2% to $217.5B in the year of 2017, the Xinhua reported on Monday.
The Bank of Canada is set to kick off the current year by raising interest rates, encouraged by solid job growth, despite lingering uncertainties surrounding NAFTA.
Lloyd's of London, the leading insurance market, was on track to begin operating at its unit in Brussels until January 2019, the CEO stated on Monday.
Chinese economic growth is likely to slow down modestly in the December quarter, as the country's government expanded a crackdown on factory pollution and debt risks.
France's Finance Minister Bruno Le Maire called on the Euro zone to take the first steps towards its economic regulations reforms by the 2019-start.
BMW stated on Monday it was optimistic that Washington's renegotiation on NAFTA would result in the most favourable outcome for the German automaker.
According to VDA industry lobby, German carmakers forecast further US market share gains in 2018 driven by new models, despite a slightly falling demand in the car market.
The Spanish PM Mariano Rajoy stated that Madrid would keep ruling Catalonia's regional administration, even if the self-exiled former head Carles Puigdemont was chosen as its President.
The UK government is seeking to limit the damage caused by Carillion's collapse on Monday and ensure public services have not been disrupted.