Sunday, January 20, 2019
Bank of Japan’s balance sheet bigger than nation’s GDP - The Central Bank of Japan has become the first among G7 nations to own assets collectively worth more than the country’s entire economy, following a half-decade spending spree designed to...
Trump and Xi Jinping: China, US Trade war escalates - The United States escalated its trade war against China, slapping steep tariffs on another $16 billion in Chinese goods on Thursday. The move triggered a swift tit-for-tat retaliation from Beijing, even...
Govt criminalizes Writing on currency notes - Any damage caused to currency notes and coins by tearing, burning, writing and drawing lines on them without the order of authorised person will be crime in Nepal. Nepal authorities said on Thursday in...
Trade war: China’s trade surplus with U.S. reduces - Official data on Wednesday showed that China’s trade surplus with the United States declined in July after President Donald Trump imposed tariffs on Chinese goods in a showdown between the world’s...
BREAKING: Apple makes history as World’s First Trillion Dollar Company - Apple has succeeded in becoming the first public company to hit a trillion dollars … almost. Due to a recent change in the count of total available shares, Yahoo...
Venezuela’s Inflation hits 1 million% as currency exchanges 119,900 bolivar to 1$ - Venezuelans need 100,000 bolivar to buy a stick of cigarette and one billion to buy a pair of reading glasses and 119,900 Venezuela’s bolivar to exchange for...
BREAKING: United Nations facing worst cash crunch in years - The United Nations is running out of cash, Secretary-General Antonio Guterres  has warned, saying the cash crunch is  the worst in years. The UN chief urged member states to pay their...
Dollar Tumbles as Trade War Snowballs into Currency War - The dollar index traded lower today after the US President criticized the Federal Reserve for the ongoing interest rate hikes. Already, the Fed hiked two times and is expected to...
Goldman Sachs’ 2Q 2018 profits rise by 44% - Goldman Sachs says profits jumped 44 percent in the second quarter compared with a year ago, driven by the investment bank’s core franchises: advising companies on mergers, acquisitions and other deals,...
China’s economy slows down in Q2 amidst trade war - Chinese growth slowed slightly in the second quarter as the world’s number two economy faced a snowballing trade fight with the United States. The economy expanded by 6.7 percent in April-June,...
China – U.S. Trade Surplus Hits $28 Billion in June Despite Trade Tensions - China’s trade surplus with the United States swelled to a record in June as its overall exports grew at a solid pace, a result that could...
Chinese media taunt Donald Trump’s trade tariff - Chinese media have mocked U.S. President Donald Trump over plans to impose 25 per cent  tariffs on 50 billion  dollars’ worth of Chinese goods, saying “wise men build bridges but fools build...
BREAKING: Trump, Kim share historic handshake as new era begins for N/Korea - SINGAPORE - Donald Trump and Kim Jong Un made history Tuesday, becoming the first sitting US and North Korean leaders to meet and shake hands, as they seek...
U.S billionaire, Warren Buffet Calls Bitcoin ‘Rat Poison Squared’ - American billionaire Warren Buffet has again hit at cryptocurrencies during the 2018 Berkshire Hathaway annual shareholders meeting, referring to the digital currency as “rat poisoned squared.” On the contrary, younger generation...
France, Germany To Make Joint Bitcoin Regulation Proposal At G20 Summit France, Germany To Make Joint Bitcoin Regulation Proposal At G20 Summit - France and Germany will make joint proposals to regulate the bitcoin cryptocurrency at the next summit of the...
China shuts websites, blocks 10m users China shuts websites - China has shut down or revoked the licenses of 13,000 websites, it terms ‘illegal’ since 2015 for violating the country’s internet rules, Xinhua reported Sunday. Wang Shengjun, vice chairman of the Standing...
Israel withdraws from UN Agency over Jerusalem Israeli Prime Minister Benjamin Netanyahu said on Sunday that his country Israel withdraws from UN cultural agency, UNESCO. Netanyahu had already announced in October that Israel would pull out of UNESCO following a decision...
Qatar has set a temporary minimum wage for migrant workers worth around $200 a month, aside from free accommodation. The country’ s labour minister announced Thursday, the benchmark reform following widespread criticism of Doha’s preparations for the 2022 World Cup. Issa...
Palm oil production in Malaysia, the world’s second largest producer, is expected to increase by 15.5 per cent this year and will grow by 2.5 per cent in 2018, the government said on Friday. Malaysian output is forecast to rise...
Coca-Cola reported a jump in third-quarter profits Wednesday due to lower expenses as it broadens offerings of non-cola drinks to offset sluggish demand for its namesake product in North America. Earnings for the quarter ending September 29 came in at...
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