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Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
[Reuters] Stocks jump as Xi calms jitters over U.S.-China trade row 10/04/2018
Xi, speaking at the Boao Forum for Asia in Hainan province, said that China will take measures to sharply widen market access for foreign investors, raise the foreign ownership limit...
[Theguardian] US stock market slides as China retaliates to Trump tariffs——Dow a... 03/04/2018
The opening salvos of a tariff spat between the US and China that some observers fear could escalate into a full-blown trade war sent jitters through Wall Street on Monday.
[BoC] Bank of Canada maintains overnight rate target at 1 1/4 per cent 02/04/2018
The Bank of Canada today maintained its target for the overnight rate at 1 1/4 per cent. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 per cent.
[RBA] Statement by Philip Lowe, Governor: Monetary Policy Decision 02/04/2018
Board decided to leave the cash rate unchanged at 1.50 per cent
[ECB] Monetary policy decisions 02/04/2018
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
[CNBC] Stocks rally more than 1%, paring losses for the first quarter 29/03/2018
U.S. stocks rallied on Thursday, the last trading day of the month and the quarter, as the technology sector curbed steep declines seen in recent sessions.
[Reuters] World stocks bounce on report of U.S.-China trade talks 26/03/2018
LONDON (Reuters) - World stocks came off six-week lows and U.S. stock futures jumped on Monday on optimism that the United States and China are set to begin negotiations on trade, easing fears about a trade war between the world’s two largest economies.
[FED] Federal Reserve issues FOMC statement 22/03/2018
Information received since the Federal Open Market Committee met in January indicates that the labor market has continued to strengthen and that economic activity has been rising at a moderate rate.
[Reuters] G20 pushes for free trade as U.S. vows to defend national interest 20/03/2018
The Buenos Aires meeting of finance ministers and central bank governors of the world’s 20 biggest economies was meant to discuss a brightening economic outlook, the future of work, cryptocurrencies like bitcoin, and corporate tax avoidance.
[Reuters] Trump eyes tariffs on up to $60 billion Chinese goods; tech, telecoms,... 14/03/2018
A third source who had direct knowledge of the administration’s thinking said the tariffs, associated with a “Section 301” intellectual property investigation, under the 1974 U.S. Trade Act begun in August last year, could come “in the very near future.”