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Asian shares hit six-month high record last Tuesday kicking their July record down. Such followed after hopes that Washington will pull out imposed tariffs on Chinese imports. MSCI’s widest index of Asia-Pacific shares outside Japan ...
Japan’s Rakuten expects a $947 million loss in U.S. Lyft investment in latest quarter Japan’s Rakuten Inc. said on Tuesday that it would be expecting to take a 103 billion yen ($947 million) in losses in the latest quarter over ...
Dimmed prospects forces Samsung to shut down U.S. CPU research division Samsung Electronics Co Ltd said on Tuesday that it will be shutting down a CPU division in one of its U.S.-based facilities. The move was made after analysts forecasted ...
The central bank of China cut the interest rate on its medium-term lending facility (MLF) on Tuesday. This is the first MLF rate cut in three years imposed by policymakers as a way to beef up the economy as global economic growth slows down. Interest ...
The “Phase One” of the U.S.-China trade deal has it that the Chinese government is pushing U.S. President Donald Trump to erase imposed tariffs in September. One of the highlights of the trade deal that will be signed by Chinese ...
European shares strongly began its weekly session on Monday as gains from automakers and miners fueled the upsurge while US-China trade talks brought optimism. The Pan-European STOXX 600 index soared at 0.5% reaching its highest index tally ...
Chinese official says breakthroughs made in Asia trade talks A Chinese official on Monday said that breakthroughs had been made in negotiations for an Asian-wide pact that is said to be the world’s biggest trade deal. However, consultations ...
As a Tory leadership may well be in the cards after the Brexit elections on December 12, the GBP/USD is seen to hold on to recovery gains as it takes the bids to 1.2940 before this week's London open. Opinion polls agree that Tory Leader Boris ...
Nigel Farage is accused by Steve Baker, the chairman of the European Research Group, of paving a way for a "weak and indecisive" hung Parliament. Farage is seen by a number of his critics as the "man who threw away Brexit". A number of his ...
An independent review posted on Monday is backing up Britain’s plan to raise the minimum wage to two-thirds of median earnings. The raise moves the wage to 10.50 pounds or $13.58 per hour. Finance Minister Sajid Javid said in September ...
October 31st was supposed to see Britain's exit from the E.U. But as politics would have it, it didn't push through. In an interview, Brexit Party leader Nigel Farage said he is, "...deeply, deeply disappointed...it's a matter of deep regret,". ...
Seen as volatile by political analysts, the electorate is in question regarding the upcoming election on December 12th. Reeling after the Brexit impasse, the Labour Party is split, with a number of them seeing that their only chance of remaining ...
Japanese government bonds retain gains after BOJ sticks to its monetary policy Japanese government bond prices steadied toward gains on Thursday following the Bank of Japan’s (BOJ) decision to stick to its policy targets and tweak its ...
China to proceed with trade negotiations with the U.S. as planned China’s commerce ministry said on Thursday that Beijing and Washington will proceed with the bilateral trade negotiations according to plan and that the talks have been ...
Bombardier in talks to sell three plants to Spirit AeroSystems for $1 billion Canada’s multinational manufacturer Bombardier Inc is in advanced talks to sell three of its facilities to Spirit AeroSystems for more than $1 billion in cash ...
U.S. Fed cuts interest rates despite global economic slowdown The Federal Reserve had cut interest rates on Wednesday for the third time in the year global economic slowdown. However, the Federal Reserve signaled that there would be no further ...
Washington retracts duties from various Indonesian products The United States has removed tariffs from various Indonesian products under a privileged trade facility. This is a part of the ongoing trade negotiations between the two countries, ...
German unemployment rises more than October’s expectation Germany’s unemployment rose more than expected in October suggesting that a manufacturing crisis in Europe’s largest economy is spilling over to the labor market. Data ...
Weak sales to China contracts South Korea’s October exports South Korea’s exports likely contracted in October, falling for an 11th straight month. This was pressured by weak sales to China and a sluggish global demand for semiconductors. However, ...
Hong Kong’s Suncity unveils plans to operate Philippine’s casino-resort Hong Kong’s Suncity Group Holdings Ltd unveiled plans on Tuesday to enter the fast-growing gambling market in the Philippines along with a deal to operate ...
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