Asia Markets Join Global Stock Plunge
Asian markets plunged on Tuesday as investors dumped stocks following heavy falls in the US in anticipation of higher interest rates. Japan’s Nikkei 225 index suffered its biggest one-day point...
Tag: Financial Information Providers
US Job Creation Surges In June, Pointing To Market’s Resilience
US job creation returned with a roar in June, offering a dose of welcome news to the White House and offsetting fears of a slowing economy, official figures showed Friday. Still, the robust...
China Factory Activity Rebounds In June
China's manufacturing activity rebounded last month as new orders and production gathered pace, independent figures showed Monday, but an analyst warned the pick up was likely to be temporary. The...
US-Backed Forces Cut Off Last IS Escape Route From Raqa
US-backed forces cut off the last escape route for the Islamic State group from Raqa on Thursday, a monitor said, trapping the besieged jihadists inside their de facto Syrian capital. Fighters with...
IS Has Lost 60% of Territory, 80% of Revenue
The Islamic State group has lost more than 60 percent of its territory and 80 percent of its revenue, an analysis firm said Thursday, as the jihadist "caliphate" turns three. The group declared its...
US Consumer Confidence Rises In June
US consumer confidence rose slightly this month, returning to near-record highs after a modest dip in May, according to a monthly survey released Tuesday. Consumer sentiment about current conditions...
Gasoline Prices Drag Down US Inflation, Retail In May
Falling US gasoline prices drove inflation and retail sales down in May, defying expectations and raising more questions about the economy and the pace of interest rate increases this year. The...
Gasoline Prices Drag Down US Inflation, Retail In May
Falling US gasoline prices drove inflation and retail sales down in May, defying expectations and raising more questions about the economy and the pace of interest rate increases this year. The...
IS Chemical Attacks Down In Syria
The Islamic State group is launching fewer chemical weapons attacks in Syria as their Iraqi stronghold in Mosul, where the arms are made, comes under pressure, according to a report out Tuesday. IS...
China Manufacturing Down For 1st Time In 11 Months
China's factory activity contracted in May for the first time in almost a year, independent figures showed Thursday, hinting at deteriorating conditions for goods producers in the world's second...
US Oil Output Back Near Records, Challenging OPEC
American oil production is approaching record levels again, led by shale projects, potentially foiling efforts by OPEC to support prices. Oil prices were boosted this week after Saudi Arabia and...
Politics, Potholes and Price Drops
Kenya plans to export its first oil in June, but analysts say the test phase faces major challenges and appears motivated primarily by political considerations just months ahead of elections. British...
Eurozone Inflation Picks Up To 1.9%
Inflation in the eurozone accelerated in April, returning to the European Central Bank (ECB)'s target. Initial estimates from Eurostat showed inflation in the bloc hit 1.9%. That was up from 1.5% in...
Twitter Gets Lift From Uptick In User Numbers
Twitter shares surged Wednesday after its quarterly update showed improving growth in user numbers, offsetting concerns over a decline in revenue and another net loss for the social network. The...
Insurance Brokerage Firms On the Rise
More insurance broking firms have entered in Ghana’s insurance industry’s landscape in 2016. The number has increased from about 65 to 85 in 2017. Last year about 10 broking companies were given...
Baidu To Share Self-Drive Car Technology
Chinese internet giant Baidu has said it will share much of the technology it has created for its self-driving cars. The firm predicted that the move would help drive the development of autonomous...
Showtime In Shanghai As Automakers Race For China Edge
Global automakers unveiled new SUVs, electric vehicles, and futuristic concept cars at the Shanghai Auto Show on Wednesday, racing for an edge in the world´s biggest auto market as growth slows...
Global Carmakers Converge On China As Rare Slowdown Looms
Global carmakers converge on China for the Shanghai auto show this week, with the industry bracing for a sharp sales slowdown and potential price war as competition stiffens in the world's biggest...
China’s Q1 Growth Stabilises At 6.8%
China's growth stabilised in the first quarter thanks to rising investments and a recovery in exports, experts said, though they warned the reprieve may be temporary. According to an AFP survey of 16...
Eurozone Unemployment Rate Drops To Near Eight-Year Low
The eurozone's unemployment rate has continued to fall, dropping to a near eight-year low in February. Figures from the Eurostat agency showed the jobless rate fell from 9.6% in January to 9.5% - the...