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U.S. Trade Deficit Declines to a Seven-Month Low
The U.S. trade deficit slid to a seven-month low in April as exports climbed to a record high, bolstered by an increase in shipments of industrial materials and soybeans...
2018-06-07 01:43:00 UTC+00
89005
World Economy,
Industry,
Investments
U.S. Equities Rallies on Economic Data, Ebbing Trade Concerns
Wall Street index climbed on Wednesday, receiving a boost from financial stocks as investors focused on solid economic data and trade war concerns went to the background while the Nasdaq notched its third consecutive record closing high...
2018-06-06 23:17:00 UTC+00
98605
World Economy,
Industry,
Investments,
Share,
Stocks, bonds,
Equity markets
Euro on Steady Footing; NAFTA Concerns Hit Loonie, Mexican Peso
The euro held steady on Wednesday as investors began to focus on the European Central Bank's policy meeting next week, while worries that the U.S. could withdraw from its trade agreement with Canada and Mexico affected their currencies...
2018-06-06 05:07:00 UTC+00
41455
Industry,
Investments,
European central bank,
Eurozone,
Forex
Tech Rally Powers Wall Street Higher, Nasdaq Notches Record Close
Wall Street's three benchmark indexes rallied on Monday, led by broad gains in tech stocks, driving the Nasdaq to a record closing high as investors wager on the retention of solid economic growth, while declining oil prices affected the energy sector...
2018-06-05 00:31:00 UTC+00
32680
Industry,
Investments,
Share,
Business,
Stocks, bonds,
Equity markets
Apple Shares Hit Record High as Developer Conference Kickstarts
Apple shares reached a fresh all-time high on Monday, as developers flocked to San Jose, California for WWDC, the firm's annual developer conference. The stock rallied by as much as 1...
2018-06-05 00:31:00 UTC+00
36340
Industry,
Investments,
Share,
Business,
Stocks, bonds,
Equity markets
European Markets Finish Higher as Utility Stocks Rally
European stock markets ended higher on Monday, amid a series of corporate news regarding prospect mergers and acquisitions.The pan-European Stoxx 600 ended marginally higher by 0...
2018-06-04 23:18:00 UTC+00
27385
Industry,
Investments,
Eurozone,
Business,
Stocks, bonds,
Equity markets
U.S. Stocks Slide on Fresh Trade-War Concerns but Notches Monthly Gains
U.S. equities edged down on Thursday after the Trump administration announced it will impose tariffs on metal imports from Canada, Mexico and the European Union, triggering retaliatory measures from a number of its trading partners...
2018-05-31 22:37:00 UTC+00
17425
Policy,
Industry,
Investments,
Stocks, bonds,
Equity markets
Fed Unveils First Easing of ‘Volcker Rule’ Limits
U.S. regulators have started a major easing of the Volcker Rule ban on bank risk-taking, proposing to simplify the rule introduced after the 2007-2009 financial crisis...
2018-05-31 01:40:00 UTC+00
14740
Policy,
Industry,
Investments,
Finance
Optimistic ‘Beige Book’ Report Keeps Fed on Track for June Rate Increase
The Federal Reserve said the U.S. economy expanded “moderately” from late April to early May in its most recent assessment.Majority of the Fed's regional districts reported moderate economic growth during the period, the U...
2018-05-31 01:21:00 UTC+00
14725
Policy,
World Economy,
Industry,
Unemployment
Japan Retail Sales Rise in April
Japan's retail sales growth accelerated in April, surpassing estimates and following soft growth in the previous month.Retail sales increased 1.6 percent year on year in April from one percent growth in March, according to the Ministry of Economy, Trade and Industry...
2018-05-30 05:14:00 UTC+00
17845
Industry,
Japan
U.S. Consumer Confidence Bounces Back, House Prices Rise
Consumer confidence bounced back in May, but households were a bit pessimistic regarding their short-term income prospects even as they expected strong job growth to persist, which could restrain consumer spending...
2018-05-30 02:27:00 UTC+00
16330
Industry
HP Inc Delivers Strong Results, Lifts Estimates on PC Demand
HP Inc posted better-than-projected quarterly revenue and increased its full-year profit estimate on Tuesday, aided by solid demand for its notebook and desktops...
2018-05-30 01:24:00 UTC+00
18445
Industry,
Share,
Business,
Forecast
China Industrial Profit Growth Bounced Back in April
Profits earned by Chinese industrial companies in April increased at their quickest rate in six months, data from the National Bureau of Statistics (NBS) showed, as factories benefited from higher prices and solid demand...
2018-05-27 23:08:00 UTC+00
17365
Industry,
Industrial production
U.S. Business Investment Grew in April
A proxy for business investment grew at a strong pace in April, but overall durable goods orders dropped in the same month as a result of a fall in aircraft demand...
2018-05-27 22:54:00 UTC+00
15130
Industry,
Business
U.S. Home Sales Sharply Fell in April; Job Market Strengthens
U.S. homes sales slumped in April as an acute shortage of properties limited choices for potential buyers, the latest indication that the housing market was struggling to regain momentum...
2018-05-27 22:39:00 UTC+00
16885
Industry,
Unemployment
U.S. to Relax Dodd-Frank Banking Rules as it Clears Congress Hurdle
A move to ease U.S. banking rules put in place in the wake of the financial crisis has cleared its final stage in Congress.The House of Representatives voted 258-159 to approve the measure, forwarding it to the president to sign into law...
2018-05-23 02:22:00 UTC+00
18175
Industry,
Investments,
Business,
Finance
Canada Wholesale Trade Soars in March, Loonie Gains
The Canadian dollar climbed versus its U.S. counterpart on Tuesday, adding to Monday's rally as oil prices increased and domestic data showed a better-than-expected gain for wholesale trade...
2018-05-23 00:53:00 UTC+00
16780
Industry,
Investments,
Commodity,
Forex
Tesla Model Fails to Get Consumer Reports Approval Due to ‘Big Flaws’
U.S. magazine Consumer Reports did not give its seal of approval to Tesla Inc's Model 3 sedan, stating it will not recommend the vehicle because of its flaws...
2018-05-22 05:51:00 UTC+00
15565
Industry,
Investments,
Share,
Business,
Stocks, bonds
Japan Exports Increased in April
The value of Japan's exports grew at fastest pace in three months in April partly due to a boost in shipments to the US but still ended up missing economist expectations...
2018-05-21 01:19:00 UTC+00
20785
Industry,
Asia,
Japan
China Agrees to Significantly Boost U.S. Import
China has agreed to markedly boost its purchases of U.S. goods and services, the two nations announced on Saturday, but did not mention a $200 billion figure target the White House spoke of earlier...
2018-05-20 23:59:00 UTC+00
15730
Policy,
World Economy,
Industry,
Asia
Majority of Asian Indexes Close Higher as Investors Weigh in U.S.-Trade Developments
Most of the shares in Asian markets ended higher on Friday, shaking off the Wall Street's weak close as investors digested the most recent over U.S.-China trade news...
2018-05-18 09:20:00 UTC+00
22240
Industry,
Investments,
Share,
Business,
Forex,
Stocks, bonds,
Equity markets,
Asia,
Japan
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