LONDON- Overall investments in Britain’s technology sector boosted 44%, up to a record of $13.2 billion pounds in 2019. Such scoped up third of the total European funding all while surpassing the total in France and Germany combined, ...
Singapore’s new law to entice funds and strengthen financial industry Singapore’s new law has made it easier for investment firms to register funds locally as the city-state strives to increases its allure as a financial hub. The ...
China adds $58 billion into banking system as Lunar New Year draws near China added liquidity to the financial system on Wednesday in attempts to offset a money shortage ahead of the Lunar New Year holiday. Interest rates on the loans were ...
Chinese exports climbed 7.6% in December compared to a year earlier, as shown by customs data on Tuesday. The recovery in export demands was attributed to the preliminary trade deal agreed upon by China and United States, as further de-escalation ...
Trump says China trade deal to be signed shortly after 15th January U.S. President Donald Trump said on Thursday that the Phase 1 trade deal with China could be signed “shortly thereafter”. “We’re going to be signing ...
U.S. budget deficit widens 11.8% in its first quarter of fiscal year The U.S. budget deficit widened to $356.6 billion in the first three months of fiscal 2020 as spending rose more than revenue. This would keep the federal shortfall on pace ...
Rare earth exports from China recovered from a four-and-a-half-year low in December, as buyers increased purchases more than a week before the Chinese Lunar New Year holiday. But yearly shipments declined to the lowest in four years as rare ...
TOKYO-Oil prices continued its underperformance as the possibility of war in Middle East abated and investors focused on economic growth together with increase in US crude oil and output inventories. Brent crude oil LCOc1 decreased by 20 ...
DUBLIN- Irish consumer sentiment boosted in December and recorded its two consecutive monthly gains in four years as ‘no-deal’ Brexit concerns diminished, according to survey released on Friday. Ireland still tops the board as ...
Facebook announced on Thursday minor changes to its ad policy to address political ads that will be popping up on users' news feeds as soon as the campaign period goes full blast for the US Presidential elections in November this year. The ...
Dollar sturdies ahead signing of U.S.-China trade deal The U.S. Dollar remained strong on Friday and was set to close on a high note a few days ahead of the signing of a ‘phase one’ trade deal between the United States and China. The ...
Uniqlo’s operator trims earnings outlook by 11% Japan’s fashion retail giant, Fast Retailing Co., otherwise known as Uniqlo’s operator said that it would lower its full-year outlook on earnings by 11%. The company’s ...
Latin American delivery startup Rappi announced that it dismissed 6% of its employees. This measure came after Japan’s Softbank Group invested a total of $1 billion in Rappi. Rappi did not provide specific figures on how many jobs they ...
Japan household spending dropped on its second straight month in November, indicating a higher sales tax weighing down on private consumption for a while. Japan has been working to regain momentum after the drop in household spending which ...
BEIJING-China recently released drafted guidelines to arm its financial leasing sector that holds 4 trillion yuan worth of assets ($577.16 billion), in its latest scheme to negate financial declines. China recorded a total of 10,900 leasing ...
SINGAPORE- Asian stocks bounced from inactivity on Thursday and oil prices inched higher as the United States and Iran both signaled resolution rather than to pursue further conflict. US President Donald Trump released a sanction overnight ...
The head of the European Commission described on Wednesday that Britain’s chances to negotiate all aspects of its post-Brexit relationship with the European Union to be completed within the year as “basically impossible”. Ursula ...
Mexican exports of automotive parts dropped for the first time in ten years last year, as it was pulled down by low demand from outside the United States. Mexican carmaking is about to suffer fresh reversals in the beginning of 2020, suggests ...
Safe haven currencies retreat following easing U.S.-Iran tensions The Japanese Yen and Swiss Franc retreated on Thursday as the United States and Iran backed away from further conflict. U.S. President Donald Trump responded overnight to an ...
Tesla’s stock climbed by almost 5% on Wednesday, with a closing price of a record high $492.14 per share, raising its market capitalization to nearly $89 billion, which is $2 billion bigger than General Motors’ and Ford’s ...