News

Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
Reuters |
North Korean leader Kim Jong Un arrived in Vietnam on Tuesday for a summit with U.S. President Donald Trump where they will try to reach an agreement on a North Korean pledge to give up its nuclear weapon program.
Reuters |
I will be delaying the U.S. increase in tariffs now scheduled for March 1. Assuming both sides make additional progress, we will be planning a Summit for President Xi and myself, at Mar-a-Lago, to conclude an agreement. A very good weekend for U.S. & Chin
Reuters |
President Donald Trump said on Friday there was “a very good chance” the United States would strike a deal with China to end their trade war and that he was inclined to extend his March 1 tariff deadline and meet soon with Chinese President Xi Jinping.
Bloomberg |
Federal Reserve policy makers see 2019 marking the end of their balance sheet run-off, but not necessarily their interest-rate increases.
Reuters |
Oil prices slipped from 2019 highs on Wednesday as soaring U.S. production and expectations of an economic slowdown undermined efforts led by producer club OPEC to cut supply to tighten global markets.
Bloomberg |
High-end home prices are being slashed by as much as 30 percent. Many metro areas are succumbing to downward pressure from the U.S.-China trade war, uncertainty in Europe, rising interest rates, or a combination of all three.
Bloomberg |
Tensions With U.S.; Syria Withdrawal; American Leadership
Reuters |
President Donald Trump vowed on Thursday to declare a national emergency in an attempt to fund his U.S.-Mexico border wall without congressional approval, a step likely to plunge him into a court battle with Congress over constitutional powers.
Reserve Bank of Australia |
Reserve Bank of Australia decided to leave the cash rate unchanged at 1.50 per cent.
Reserve Bank of New Zealand |
The Official Cash Rate (OCR) remains at 1.75 percent. We expect to keep the OCR at this level through 2019 and 2020. The direction of our next OCR move could be up or down.