News

Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
Bloomberg |
Technology companies pulled stock indexes lower, while the dollar dropped as investors eyed a growing list of global concerns. Treasuries rose.
Bloomberg |
President calls China bigger meddler than Russia in U.S.
Bloomberg |
Breakthrough preserves three-way structure of original deal; New pact gives Mexico, Canada reprieve on vehicle tariffs
Bloomberg |
Donald Trump said he and Chinese President Xi Jinping might not be friends anymore after he accused Beijing on Wednesday of trying to interfere in U.S. congressional elections in November.
FED |
increasing the discount rate (the primary credit rate) at the Banks from 2-1/2 percent to 2-3/4 percent, effective immediately
Reuters |
The United States said it was ready to resume talks with North Korea after Pyongyang pledged to dismantle its key missile facilities and suggested it would close its main Yongbyon nuclear complex if Washington took unspecified actions.
Bloomberg |
China is planning to cut the average tariff rates on imports from the majority of its trading partners as soon as next month
Bloomberg |
Franklin Templeton Investments says the rout in emerging markets may be nearing a bottom, though reckons there are still countries that will suffer, like the Philippines.
European Central Bank |
European Central Bank (ECB) decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively.
Reuters |
Emergence of the group, Americans for Free Trade, comes after Trump has warmed to the use of tariffs, implementing billions of dollars worth in an effort to use them as a threat to win concessions or in the belief they will create U.S. jobs.