News

Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
[Independent] China agrees to ‘substantially reduce trade deficit’ to avoid trad... New 22/05/2018
The US and China have agreed to begin bilateral trade talks, with Beijing committing to “substantially reduce” the trade deficit between the countries by boosting the amount of goods it purchases from America.
[Bloomberg] U.S.-China Trade Truce May Be Fleeting as Tensions Linger New 22/05/2018
The newly-declared economic truce between the U.S. and China will prove temporary if the world’s two largest economies fail to deliver on vague commitments to re-balance trade.
[Reuters] Oil prices firm on OPEC cuts, strong demand and looming Iran sanctions 18/05/2018
SINGAPORE (Reuters) - Oil prices held firm on Friday on strong demand, ongoing supply cuts led by producer cartel OPEC and looming U.S. sanctions against major crude exporter Iran.
[Reuters] Asia stocks steady as markets eye U.S.-China trade talks, dollar eleva... 18/05/2018
TOKYO (Reuters) - Asian stocks were steady on Friday amid caution over developments in U.S.-China trade negotiations, while the dollar perched near a five-month peak after the benchmark U.S. Treasury yield hit its highest in seven years.
[Reuters] Tax cut windfall seen lifting U.S. companies' business investments 18/05/2018
NEW YORK (Reuters) - U.S. companies could plow more of the money saved from sweeping tax cuts into business investment later this year, perhaps even surpassing a jump in first-quarter capital expenditure that was the highest in ...
[CNBC] Trump says 'we'll have to see' if summit with Kim Jong Un is still happen... 17/05/2018
President Donald Trump said Wednesday that "we'll have to see" if a planned summit with North Korean dictator Kim Jong Un will still take place, as Pyongyang threatens to pull out of the meeting.
[Reuters] Asian shares lower as North Korea suspends talks, U.S. yields shoot hi... 16/05/2018
SHANGHAI (Reuters) - Asian markets fell in early trade on Wednesday after Pyongyang called off talks with Seoul, throwing a major U.S.-North Korean summit into question, and a spike in the U.S. 10-year Treasury yield to a seven-year...
[Bloomberg] Asian Stocks Mixed as U.S. Treasury Yield Hits 3%: Markets Wrap 15/05/2018
Stocks in Asia opened mixed with 10-year Treasury yields hitting the 3 percent mark again as investors assessed the outlook for trade relations and tensions in the Middle East. The dollar held gains and crude oil nudged higher.
[Bankofengland] Bank Rate maintained at 0.5% - May 2018 11/05/2018
Our Monetary Policy Committee has voted by a majority of 7-2 to maintain Bank Rate at 0.5%. The committee also voted unanimously to maintain the stock of corporate bond purchases and UK government bond purchases.
[Theguardian] Iran deal: Trump breaks with European allies over 'horrible, one-s... 09/05/2018
Donald Trump has announced he will impose “the highest level of economic sanctions” on Iran, violating an international nuclear agreement and a UN resolution, breaking decisively with US allies in Europe, ...