Archive for the September 10, 2019
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US Treasury Secretary Steven Mnuchin on Monday said America's economy was unscathed after more than a year of entrenched trade conflict with China and Europe. The remarks brushed aside concerns prompted by recent economic data
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Britain's economy picked up more than expected in July, data showed on Monday, dampening fears that it will succumb to its first recession since the financial crisis as the Brexit crisis escalates. Economic output in
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Nissan's CEO said Monday he will step down next week, deepening the crisis at the Japanese car giant still reeling from the arrest and ouster of former chief Carlos Ghosn's over alleged financial misconduct. It
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German exports rose in July, data showed on Monday, marking an unexpectedly solid start to the third quarter for the engine room of Europe's largest economy and suggesting it may withstand some of the impact
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German 'flying taxi' developer Volocopter said Monday it had raised 50 million euros ($55.1 million) from investors including automaker Geely, risking a revived debate about Chinese investments in EU firms. "The new funds will be
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China's data centres - the backbone of the country's fast-growing digital economy - are on track to guzzle more electricity by 2023 than all of Australia last year, said a Greenpeace report published Monday. While
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Saudi Arabia's stock exchange recovered from earlier losses to close a touch higher on Monday amid expectations of billions of dollars more in passive fund inflows, while Abu Dhabi fell for a third straight session.
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Southeast Asian stock markets closed slightly higher in thin-volume trade on Monday, as investors shrugged off an easing in lending norms by the Chinese central bank and waited for more clarity on monetary easing by
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Early gains on Wall Street fizzled out by afternoon on Monday as losses in technology and healthcare stocks overshadowed increased expectations of stimulus from central banks around the world. Microsoft Corp and Amgen Inc were
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China's yuan lost ground against the US dollar on Monday, while stocks climbed, after Beijing rolled out fresh stimulus to underpin the economy against stiff trade tariffs and sluggish domestic demand. After markets closed on
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