News

Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
Reuters |
U.S. President Donald Trump’s administration on Sunday lifted sanctions on aluminum giant Rusal and other Russian firms linked to oligarch Oleg Deripaska, defying a Democratic-led push in the U.S. Congress to maintain the restrictions.
Reuters |
U.S. stocks declined on Monday as an unexpected drop in China’s exports reignited worries of a global economic slowdown and prompted caution among investors as the corporate earnings season kicked off.
Reuters |
A Republican senator close to President Donald Trump on Sunday backed a temporary re-opening of the federal government, in the 23rd day of the longest shutdown ever
Bank of Canada |
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent.
Bloomberg |
China's flagship foreign-policy initiative is closer to a branding exercise than a master plan for geopolitical domination.
Bloomberg |
With $1.2 trillion needing to be rolled over this year, the threat of a funding crunch is rising.
Bloomberg |
Suppliers to Apple Inc. in Asia tumbled with with U.S. stock-index futures after the iPhone maker added to global growth concerns with a cut in its sales outlook. The yen surged and gold advanced as investors flocked to safe havens
Bloomberg |
Gold is rallying into the end of 2018 as turmoil in global equities, the partial U.S. government shutdown and concerns about the outlook for next year stoke demand, lifting prices to the highest in six months.
Reuters |
Bank of Japan policymakers disagreed on the feasibility of allowing bond yields to move more flexibly around the central bank’s zero percent target
Bloomberg |
Global trade tensions and worries about a U.S. recession dragged markets lower at year-end, leaving the 500 people on the Bloomberg Billionaires Index with a combined net worth of $4.7 trillion as of Friday’s close.