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Profits from professional and business services firms in the UK fell the lowest since 2011 for a second quarter running as businesses are also cutting down on investments, according to the Confederation of British Industry (CBI). CBI surveys ...
TOKYO-Japanese stocks extended its positive performance reaching its fourth consecutive high on Wednesday as optimism increased for the possibility of United States and China settling the ‘phase one’ of the trade pact. At exactly ...
Bitcoin’s price on Monday dropped in the middle of its rally to recovery. It posted $6,558 at 1:00 a.m. EST, its lowest rate in six months. The biggest cryptocurrency, however, showed resiliency as it reached $7,100 hours after hitting ...
Asian shares soar as upbeat signals ease trade tensions Asian shares rose on Wednesday as upbeat signals from Sino-U.S. trade talks fanned hopes of an easing of tariff tensions. The positive mood pushed Wall Street indexes to fresh record-closing ...
Major currencies hold its ground as traders await U.S-China trade outcome Major currencies hardly budged on Wednesday as traders waited for the final outcome of the U.S.-China trade talks. Against the Yen, the Dollar was traded for 109.05 ...
HP Inc reported its quarterly earnings, beating analyst estimates. Higher sales in personal computers and workstations countered the low sales of its printer business. Revenue from HP’s personal systems unit rose 3.6%, or $10.43 billion ...
Most Southeast Asian stocks soared on Wednesday with the Philippines acquiring the highest gains after US President Donald Trump stated that Washington and Beijing were close to settling the “phase one” of the trade pact. Trump ...
HSBC Holdings PLC's private banking business is actively pursuing a double-digit growth in revenue and client assets, as it riffs off a sudden rise in Asian wealth, according to the unit’s chief executive. Chief Executive Antonio Simoes ...
BEIJING- China will start issuing overseas dollar sovereign bonds on Tuesday and the expected size will surpass the $3 billion record last 2018, Chinese finance ministry official stated. “The size of issuance will surpass that of previous ...
Australian shares acquired gains on Monday as China-US trade deal optimism brought market enthusiasm while Westpac Banking Corp snapped four sessions of consecutive lows following the resignation of lender’s chief executive. The S&P/ASX ...
The central bank of Taiwan and the Ministry of Economic Affairs have prepared specific actions to bid for bigger U.S. goods purchases to reduce its trade surplus. More so, Taiwan seeks to disprove U.S.’ claims being a currency manipulator. Taiwan ...
China’s and US’ high-level trade negotiators held a phone call on early Tuesday as the two parties aim to reach a preliminary “phase one” of the trade deal, according to China’s Commerce Ministry. The phone call ...
Philadelphia Energy Solutions Inc. oil refiner is seeking at least $2.5 million to give as bonus payments to its top executives as part of plan in reorganizing or selling the company after filing for bankruptcy earlier this year. US bankruptcy ...
U.S. securities regulator proposes new rules on use of derivatives in exchange traded funds The U.S. securities regulator on Monday proposed new regulations for the use of derivatives by investment funds. This aimed to introduce some safeguards ...
Asian stocks bolstered by fresh trade talk momentum Asian stocks rose on Tuesday, bolstered by Wall Street's record closing highs and signs of new momentum in Beijing's and Washington's efforts to end their long and acrimonious trade dispute. MSCI's ...
Phase 2 of the U.S.-Sino trade deal is looking less probable as officials of both parties bared. This is after the “phase 1” agreement is not settled by the two countries. U.S. President Donald Trump said during his conference ...
SINGAPORE-Majority of industrial metals increased in prices on Monday as China and US trade deal optimism reemerged after weeks of market anxiety. The signing of ‘phase one’ could happen by the end of this year, a senior ...
U.S. to resume Chinese chicken exports following approval for processing plants The U.S. moved closer to resuming lucrativce chicken exports to China after more than a hundred American processing plants were given approval to ship to the Asian ...
Asian shares gain stable ground as mood favors trade Asian shares gained stable ground on Monday as Investors placed hopes for some progress on the Sino-U.S trade dispute. U.S. national security adviser Robert O'Brien said On Saturday that ...
HP Inc again reiterated that it would reject Xerox’s offer to buy the company for the value of $33.5 billion for cash and stock. In addition to this, HP Inc said the offer “significantly undervalues HP.” The computer manufacturer ...
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