Financial news

16.09.2019 14:02:28

Japanese newspaper says U.S. to vow to keep tariffs level on Japanese cars

Japanese newspaper says U.S. to vow to keep tariffs level on Japanese cars The Tokyo Shimbun newspaper reported on Monday that the United States will vow not to impose additional tariffs or implement trade curbs to import quotas on Japanese ...
16.09.2019 14:02:28

Johnson positive on a Brexit deal ahead of an important meeting with EC President

Johnson positive on a Brexit deal ahead of an important meeting with EC President U.K. Prime Minister Boris Johnson is looking to strike a Brexit deal as he braces for a tough task of negotiating with European Commission President Jean-Claude ...
16.09.2019 14:02:28

Trade War woes, Brexit problems culprit in growth forecasts cut for 2019-2020: UK firms

Trade War woes, Brexit problems culprit in growth forecasts cut for 2019-2020: UK firms The British Chambers of Commerce on Monday cut its forecast for economic growth for the year 2019 and 2020. This is due to the perennial trade problems ...
16.09.2019 14:02:27

Hong Kong’s world-class subway turns to mess as protesters wreak havoc

Hong Kong’s world-class subway turns to mess as protesters wreak havoc The once world-renowned subway is turning into a complete mess as protesters wreak perfect storm on Hong Kong’s MTR to show their unrelenting effort in their ...
13.09.2019 14:04:26

LSE bid looks far from Hong Kong’s reach

Hong Kong Exchanges and Clearing announced on Wednesday a $37 billion London Stock Exchange bid, but analysts said it is an uphill battle. Analysts said that regulators might block the deal as worries about Chinese influence over financial ...
13.09.2019 14:04:26

ECB cuts rates again, rebids bond-buying

ECB cuts rates again, rebids bond-buying The European Central Bank said on Thursday that it would cut its interest rate for deposits by 10 basis points to minus 0.5% and plans to trim it even lower to improve inflation outlook. The announcement ...
13.09.2019 14:04:26

U.S. shortly outperforms Saudi Arabia in oil-exporting

U.S. shortly outperforms Saudi Arabia in oil-exporting The United States has temporarily overtaken Saudi Arabia as well as Russia to the top spot of the world’s top oil exporter for the first time this year. The massive shale production ...
13.09.2019 14:04:25

China to exclude pork, soybeans from additional tariffs on U.S. goods

China to exclude pork, soybeans from additional tariffs on U.S. goods China is looking to exclude soybean, pork, and other agricultural products from additional tariffs on U.S. goods as reported by Xinhua News Agency. China had imposed 25% ...
12.09.2019 15:04:11

Trump says U.S. nods tariff hike delay on some Chinese goods

U.S. President Donald Trump said that his government had approved the delay on tariff hike amounting to $250 billion of Chinese imports from Oct. 1 to Oct. 15. Trump said that the delaying of tariffs came as a request from China’s Vice ...
12.09.2019 15:04:10

Oracle’s first quarter revenue goes less-than-expected, CEO Hurd goes on leave

Oracle Corp posted its first-quarter earnings that went below Wall Street expectation and reported on Wednesday that it's Chief Executive Officer (CEO) Mark Hurd would go on medical leave. Oracle’s first-quarter revenue fell to $2.14 ...
12.09.2019 14:04:13

Argentina bares currency controls anew to ease economic woes

The central bank of Argentina declared publicly on Wednesday new sets of currency controls to quell rising notions of the debt crisis. Standing as Latin America’s third-largest economy, Argentina pushes another currency control measures ...
11.09.2019 08:01:22

Facebook’s dating feature to launch in the U.S.

Love is no longer in the air – it’s on the internet, and it’s on Facebook! The social media giant is now doing what other social networking sites are designed for – be a matchmaker. The new function, dating service, ...
10.09.2019 12:04:06

Amazon employees stage a march for climate change

Almost one thousand employees of Amazon are set to join the protest of their company’s inaction on climate change. The group of Amazon protesters is known as Amazon Employees for Climate Justice, who posted an open letter on Monday urging ...
10.09.2019 12:04:06

Jack Ma, 55, retires from Alibaba

Business tycoon and billionaire Jack Ma is officially retiring as executive chairman of Alibaba on Tuesday. He is given a graceful exit courtesy of the company’s farewell celebration at a stadium in Hangzhou. After spearheading e-commerce ...
09.09.2019 15:05:17

Mexico’s 2020 budget to go under scrutiny to set balance over weak economic growth

The 2020 budget of the Mexican government will most likely set the pace of its struggling economic growth. The Finance Ministry officials are set to present the 2020 national budget to the Lower House of Congress on Sunday to aid President ...
09.09.2019 14:04:36

British Airways pilots hit the bricks, flights cancelled

British Airways pilots union left their posts today that forced the British Airways to cancel almost all of its flights for Monday and Tuesday. The strike was caused by a conflict over pay between the airline and members of the British Airline ...
05.09.2019 13:02:38

U.S., China poised to resume trade talks in October

U.S., China poised to resume trade talks in October                                                                     ...
05.09.2019 13:02:38

Thailand to offer ‘relocation package’ for trade-war-bugged firms

Thailand to offer ‘relocation package’ for trade-war-bugged firms   Thailand is eyeing to secure a “relocation package” of benefits to lure foreign companies who are planning to move its operations from China as ...
04.09.2019 12:01:35

Hong Kong top executive to call time on extradition bill after months of unrest

Hong Kong top executive to call time on extradition bill after months of unrest   After months of protests and unrest in the city that caused economic problems and business disruptions, Hong Kong leader Carrie Lam is finally about to dispatch ...
04.09.2019 12:01:35

Facebook introduces face recognition, but needs to be activated by account users

Facebook introduces face recognition, but needs to be activated by account users   Facebook is now launching its newest offering for its users: the face recognition features. But according to the social media giant, account users need ...
03.09.2019 13:04:20

Huawei set to launch Google-less smartphone

Huawei set to launch Google-less smartphone   A new Huawei smartphone called Mate 30 will soon be launched by the Chinese tech giant, but this won’t be a Google-laden phone. Availing the Mate 30 as it goes on sale, however, means ...
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