18h24 Bank of Japan Governor
Haruhiko Kuroda said on Sunday a mix of monetary easing,
flexible fiscal spending and structural reforms to raise the
country's long-term growth potential could be effective in
stimulating the economy.. . .
17h49 Britain's latest Brexit stumble
is likely to prompt a pullback in sterling's recent rally when
trading resumes later on Sunday, though strategists say rising
confidence that a disorderly European Union exit will be avoided
should. . .
16h40 The European Union will play
for time rather than rush to decide on British Prime Minister
Boris Johnson's reluctant request to delay Brexit again,
diplomats with the bloc said after a 15-minute meeting on
Sunday.. . .
16h12 Brazil's Central Bank
President Roberto Campos Neto said on Sunday his message is
"starting to stick" with investors and he expects an increase in
capital flows to Latin America's largest economy.. . .
15h06 The British government insisted
on Sunday the country will leave the European Union on Oct. 31
despite a letter that Prime Minister Boris Johnson was forced by
parliament to send to the bloc requesting. . .
13h59 More than half of French small and
mid-sized companies that do business with Britain have not
assessed the impact of Brexit, according to a French finance
ministry survey, weekly newspaper Journal du Dimanche (JDD)
reported.. . .
11h07 The current challenging global
economic conditions demand broad macroeconomic policy actions in
the euro zone and not just monetary policy actions, ECB
Governing Council member Bostjan Vasle said on Sunday.. . .
10h55 Egypt's Qalaa Holdings, one of the country's largest investment companies, will operate 100% of its refinery units in January and increase its refinery production capacity to 5.5 million tons per year,. . .
09h43 German flight attendants'
union UFO on Sunday said it would stage an all-day strike at
smaller German divisions of airline group Lufthansa in
an escalating row over workers' pay and pensions.. . .
07h58 South Korea's finance minister
said economic growth this year is expected to be around
2.0-2.1%, in line with projections by key international
organisations but missing the ministry's target set in early
July.. . .
01h29 China's top central banker
said on Saturday that potential escalation of trade tensions and
policy uncertainty were the major risk factors facing the world
economy, and market forces were keeping China's yuan at an
appropriate. . .
01h23 The International Monetary
Fund is examining the impact of climate on the world's financial
markets and whether it is priced into market valuations, the
head of the global lender's markets division said on Saturday.. . .
01h11 The world's most powerful
policymakers are struggling to alleviate the pain of a slowing
global economy with few levers left to pull and growing concern
that one of them, negative interest rates, already is. . .
00h45 British Prime Minister Boris
Johnson sent an unsigned letter to the European Union on
Saturday requesting a Brexit delay alongside a separate note
saying that he did not want an extension, a British government
source. . .
00h41 Bahrain is making good
progress on its fiscal consolidation plan and is on track to
eliminate its deficit by 2022 as planned, Finance Minister
Sheikh Salman bin Khalifa Al Khalifa said on Saturday.. . .
19/10 British Prime Minister Boris
Johnson sent an unsigned letter to the European Union on
Saturday asking for a Brexit delay and sent another message in
which he said he did not want an extension,. . .
19/10 Boris Johnson will send a letter
on Saturday requesting a further extension to Britain's
departure from the European Union, an EU official said, with the
British prime minister obliged to ask for a delay. . .
19/10 SoftBank Group Corp is
attempting to become the majority owner of WeWork without
assuming the onerous lease obligations of the U.S. office-space
sharing firm, according to people familiar with the matter.. . .
19/10 Dutch Prime Minister Mark
Rutte said on Saturday he had spoken with Boris Johnson after
parliament forced the British prime minister to seek a further
delay to Brexit before it votes on the new. . .
19/10 International Monetary Fund
members discussed ways to increase "peer pressure" on countries
to follow and improve global trade rules to reduce
growth-sapping uncertainty, IMF managing director Kristalina
Georgieva said on Saturday.. . .
19/10 Tens of thousands took to the
streets of Lebanon on Saturday for a third day of
anti-government protests, directing growing rage at a political
elite they blame for entrenched cronyism and driving the country
to. . .
19/10 Algeria's energy revenue dropped
11.91% in the first eight months of 2019, causing the country's
trade deficit to rise by $1.63 billion from the same period a
year earlier, official figures showed on Saturday.. . .
19/10 HDFC Bank, India's largest
private lender, said on Saturday its net profit rose 27% in the
second quarter of its financial year, helped by loan growth and
a higher net interest margin (NIM).. . .
19/10 Sub-Saharan Africa's public debt load is stabilising but the region's economies face mounting headwinds due to slowing global growth that will weigh on exports, the International Monetary Fund (IMF) said on. . .
19/10 Conservative lawmaker Iain Duncan
Smith said he would be voting in favour of British Prime
Minister Boris Johnson's European Union divorce deal on Saturday
saying it was time to get Brexit done.. . .
19/10 U.S. oil major Chevron Corp said
late on Friday it is optimistic about maintaining a presence in
Venezuela even amid U.S. sanctions on the country and state oil
company PDVSA as part of Washington's. . .
19/10 Boris Johnson's Northern Irish
allies will consider backing an amendment which would delay any
immediate decision on the British prime minister's Brexit deal
when it comes before parliament on Saturday.. . .
19/10 China's indebted HNA Group
has appointed its chairman's son as president as
part of business restructuring at the finance-to-aviation
conglomerate, Chinese financial magazine Caixin reported on its
website on Saturday.. . .
19/10 China's central bank will
continue to implement prudent monetary policies and create an
appropriate financial environment for high-quality economic
growth, Governor Yi Gang said, according to the bank's website.. . .
19/10 Bank of Japan Governor
Haruhiko Kuroda said on Friday the central bank could ease
monetary policy further if needed to spur growth, shrugging off
views that it has used up ammunition to fight the. . .
19/10 Dallas Federal Reserve Bank
President Robert Kaplan said on Friday that it "bothers" him
that banks now must borrow from each other overnight at higher
rates than they would for longer periods - a. . .
19/10 The International Monetary
Fund said on Friday its 189 member countries agreed to maintain
the IMF's $1 trillion in total lending resources while delaying
changes to its shareholding structure to as late as December
2023.. . .
19/10 Group of 20 finance leaders
on Friday agreed to set strict regulations on cryptocurrencies
such as Facebook's Libra, warning that issuance of such
"stablecoins" should not be allowed until various global risks
they pose have. . .
19/10 A Boeing Co senior
pilot said he might have unintentionally misled regulators, in a
series of internal messages from 2016 that became public Friday,
plunging the world's largest airplane maker into a fresh crisis.. . .
19/10 Ecuadorean President Lenin Moreno
on Friday proposed a new tax on corporations and a
simplification of the tax system to improve government finances
after a plan to eliminate fuel subsidies was met with violent
demonstrations.. . .
19/10 Bank of Japan Governor
Haruhiko Kuroda said on Friday there was no talk among Group of
20 finance leaders on the possibility of central banks issuing
digital currencies, as part of efforts to enhance. . .
19/10 U.S. President Donald Trump
on Friday said he thinks a trade deal between the United States
and China will be signed by the time the Asia-Pacific Economic
Cooperation meetings take place in Chile on. . .
19/10 Deepening negative interest
rates remains an option if the Bank of Japan were to ramp up
stimulus, though any such move must be accompanied by fiscal and
structural steps to be effective, a senior. . .
19/10 Chicago wheat futures touched a
three-month high on Friday, buoyed by rising cash prices and
signs of tightening global supplies, analysts said.
Soybean futures rose on worries about the size. . .
19/10 Former Vice President Joe Biden
expanded his lead over more than a dozen other candidates for
the Democratic presidential nomination this month as Congress
looked into allegations that U.S. President Donald Trump tried
to pressure. . .
18/10 Johnson & Johnson said on Friday
it is recalling around 33,000 bottles of baby powder in the
United States after U.S. health regulators found trace amounts
of asbestos in samples taken from a bottle. . .
18/10 DTE Energy's midstream business
said on Friday it would buy a natural gas gathering system and
pipeline in Louisiana's Haynesville shale formation for $2.25
billion in cash, expanding the unit's operations to the Gulf
coast.. . .
18/10 The Canadian dollar climbed to
its strongest in more than two months against a broadly weaker
U.S. counterpart on Friday but gains for the currency were
tempered by an uncertain outlook for Canada's federal. . .
18/10 Bank of England Governor Mark
Carney said Britain's planned Brexit deal would help the
country's economy, but "almost existential" worries about global
trade wars might prevent the BoE from raising interest rates.. . .
18/10 The dollar posted its worst
week in almost four months on Friday, pummelled by sterling and
euro rallies driven by a deal on Britain's departure from the
European Union, while China's weakest growth in. . .
18/10 Wall Street fell on Friday as
negative headlines about Johnson & Johnson and Boeing, along
with bleak economic data from China, soured investor risk
appetite and offset generally positive corporate earnings.. . .
18/10 The Brazilian real was on track to post
its biggest percentage gain in six weeks on Monday as the dollar
came under pressure ahead of a crucial parliamentary vote on
Brexit, while Latin American. . .
18/10 SEI Investments Co on
Friday said it was reviewing its business relationship with the
firm of money manager Kenneth Fisher, after he allegedly made
insensitive remarks about women at a recent investment
conference.. . .
18/10 General Motors Co
plans to build a new family of premium electric pickup
trucks and sport-utility vehicles at its Detroit-Hamtramck plant
beginning in late 2021, possibly reviving the imposing Hummer
brand on some of them,. . .
18/10 A group of Czech and
Slovak investors said on Friday that it had acquired a stake of
4% in ProSiebenSat.1 Media, the German broadcaster at
the centre of speculation on possible consolidation in the
European. . .
18/10 The European Union, China,
India and several other countries teamed up on Friday to
coordinate rules and standards for trillions of dollars of
private and public "green" investment needed over decades to
prevent irreversible climate. . .
18/10 Oil prices edged lower on
Friday, as concerns about China's economy outweighed bullish
signals from its refining sector, but losses were limited on
hopes for progress toward a U.S.-China trade agreement.. . .
18/10 The chairman of the U.S.
House Transportation and Infrastructure Committee on Friday said
Boeing Co must shake-up its management team and Congress
must reform how new airplanes are certified following the
disclosure of internal messages. . .
18/10 Policymakers from the world's
major economies on Friday warned that risks posed by trade and
geopolitical tensions could slow already-weakening global
economic growth, but offered little beyond calls for using all
available tools to prevent. . .
18/10 Bank of England Governor Mark Carney said
British Prime Minister Boris Johnson's Brexit deal was a "net
economic positive" for taking away no deal disorderly Brexit
"tail risk", BBC reporter Faisal Islam said in. . .
18/10 Bank of England Governor Mark
Carney said on Friday he had not before seen the level of
concern among global finance chiefs about barriers to trade that
he has witnessed at this week's International. . .
18/10 A month-long strike at
General Motors could cut U.S. job growth by as much as
75,000 in October, JPMorgan economist Daniel Silver said on
Friday, an unwelcome development amid financial market fears of
a recession.. . .
18/10 European officials struck a
measured tone on Friday after the United States imposed new 10%
and 25% tariffs on some European Union goods over aircraft
subsidies, with a top German official warning against steps. . .
18/10 In 2017, the world's largest
copper producer - Chile's Codelco - announced a plan to sell
"green copper" at a premium price to customers using more
sustainable practices like renewable energy and recycled water
to. . .
18/10 Gold steadied on Friday, helped by a
weaker dollar, with the possibility of a no-deal Brexit,
uncertainties over U.S-China trade and fears of a global
slowdown keeping bullion on track for a small weekly. . .
18/10 U.S. Treasury yields fell on
Friday as investors awaited a UK vote on Britain's deal to leave
the European Union this weekend, and after a senior Federal
Reserve official said the U.S. central bank. . .
18/10 In their last public
comments before the Federal Reserve's next interest-rate
decision, U.S. central bankers on Friday left the door open to a
further reduction in borrowing costs as they continue to assess
how household. . .
18/10 During his time on the board of one
of Ukraine’s largest natural gas companies, Hunter Biden, the
son of former U.S. Vice-President Joe Biden, was regarded as a
helpful non-executive director with a powerful. . .
18/10 Lebanon is closer to a financial
crisis than at any time since at least the war-torn 1980s as
allies, investors and this week nationwide protests pile
pressure on the government to tackle a corrupt. . .
18/10 Mexican Finance Minister
Arturo Herrera said on Friday the current global uncertainty
over trade is another reason to ratify the agreement negotiated
last year between his country, the United States and Canada.. . .
18/10 U.S. Vice President Mike
Pence plans to deliver his second major policy speech on China
next Thursday, a White House official told Reuters, as hopes
that a partial deal between Beijing and Washington to. . .
18/10 Gloomy earnings reports from French
carmaker Renault and food group Danone drove European shares
lower on Friday, rounding off a tumultuous week that left
investors waiting anxiously for the next twist in the Brexit
saga.. . .
18/10 London-listed stocks ended a mixed week
on a cautious note ahead of a make-or-break parliamentary vote
on Brexit, while InterContinental Hotels and oil stocks
weighed on the FTSE 100, which closed 0.4% lower.. . .
18/10 Minneapolis Federal Reserve President
Neel Kashkari on Friday signaled he continues to support further
U.S. interest rate cuts, saying monetary policy should be
"somewhat accommodative" given the risks to the economic
outlook.. . .
18/10 Global trade tensions are
among the top risks to a dimmer global growth outlook and need
to be resolved through a reformed World Trade Organization, a
draft communique from the International Monetary Fund's Steering
Committee. . .
18/10 Documents from Saudi Aramco show
that the world's largest oil firm earns only a limited
proportion of its profit from foreign refining ventures, an area
in which the company plans huge investment.. . .
18/10 The European Central Bank
should cut its inflation target and must rethink its policy
approach as negative interest rates could endanger the bloc's
financial system, Austrian central bank Governor Robert Holzmann
said on Friday.. . .
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