Archive for the September 7, 2019
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Most Southeast Asian stock markets ended slightly higher on Friday, paring most of its early gains, as investors turned cautious about concrete progress in US-China trade relations. "The ongoing Sino-US trade tension still consists of
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London's FTSE 100 rose on Friday as a new stimulus plan from China helped support sentiment after US jobs data disappointed and housebuilder Berkeley gained after pointing to robust conditions in key British markets despite
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Canada added 81,000 jobs in August after months of stagnant employment growth, the government reported Friday, days before the kickoff of election campaigning. But the unemployment rate held steady at 5.7 percent as more people
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US energy giant ExxonMobil will sell its assets in Norway to Norwegian company Var Energi, owned by Italian Eni, for 38 billion Norwegian kroner ($4.2 billion or 3.8 billion euros), the newspaper Dagens Naeringsliv reported.
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China's proposed new digital currency would bear some similarities to Facebook's Libra coin and would be able to be used across major payment platforms such as WeChat and Alipay, a senior central bank officer said.
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Hong Kong's reputation as a dependable financial hub took a hit on Friday after Fitch downgraded the city's sovereign rating, citing ongoing protests and uncertainty caused by closer integration with the Chinese mainland. Millions of
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Hong Kong's reputation as a dependable financial hub took a hit on Friday after Fitch downgraded the city's sovereign rating, citing ongoing protests and uncertainty caused by closer integration with the Chinese mainland. Millions of
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France's finance minister reiterated his call Friday for Germany and other eurozone states running budget surpluses to step up investments in the bloc to counter economic sluggishness "that's bad for everyone." "Countries whose budgets offer
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Thailand announced a relocation package on Friday to attract foreign companies looking to moved production due to intensifying Sino-US trade tensions, seeking to compete with Vietnam to lure manufacturers hit by tariffs. The Thai government
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US President Donald Trump on Friday said the costs of his protracted trade war were falling squarely on China. Top-level negotiators are due to gather in Washington early next month while lower-level staff will meet
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