News

Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
Reuters |
DAVOS, Switzerland (Reuters) - U.S. President Donald Trump is expected to use his maiden speech to the World Economic Forum on Friday to promote his tax cuts, deregulation and trade policies to chief executives, bankers and political leaders.
Bloomberg |
Mnuchin should "clarify exactly what he said," IMF head Christine Lagarde says in Davos.
BOC |
The Bank of Canada today increased its target for the overnight rate to 1 1/4 per cent.
Reuters |
TOKYO (Reuters) - Asian stocks resumed their ascent on Friday, supported by U.S. earnings optimism and a rise in oil prices while the euro edged higher as the European Central Bank signaled an end to its massive stimulus.
Reuters |
The White House on Wednesday defended Donald Trump’s tweet about the size of his nuclear button, saying Americans should be concerned about the North Korean leader’s mental fitness, not their president‘s.
Bloomberg |
From the strength of global trade to the resilience of domestic consumption, reasons to think China’s economy won’t slow as much as expected this year are gathering.
Reuters |
SINGAPORE (Reuters) - U.S. oil prices hit their highest levels since mid-2015 on the final trading day of the year as an unexpected fall in American production and a fall in commercial crude inventories stoked buying.
Bloomberg |
A provision in the new tax law, intended to prevent American companies from shifting profits abroad to benefit from a lower overseas rate, might also hit the largest foreign banks with significant U.S. operations.
WSJ |
The price of bitcoin tumbled sharply Friday, wiping away one-fourth of its market value in 24 hours, as a wave of selling hit the broader cryptocurrency market just before the Christmas holiday weekend.
ECB |
At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit …