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Germany bans Wirecard “short-sells”, prosecutors to probe FT journalists

20-02-2019

Germany’s financial watchdog had barred the “short” selling of Wirecard shares because of intense volatilities in the stocks of the payment firm followed by Financial Times reports

US agency submits auto tariff probe report to Trump administration

20-02-2019

Later on, Sunday, the 17th of 2019, the US Commerce Department had sent a report to the US president Donald Trump, which could unveil tormenting tariffs on imported auto parts, alongside cars

Brazilian market slides, as Bolsonaro scandals spell doom

20-02-2019

Brazilian markets had experienced another day of muffled momentum on Monday, the 18th of February, as investors remained afraid of some political scandals, spreading grudges in the Brazilian congress

Canada finally presses United States on Steel & Aluminum tariff

19-02-2019

On Saturday, the 16th of February, the Canadian Foreign Minister, Chrystia Freeland said that, in Munich, she made the importance of lifting Washington tariff on Canadian Steel, alongside aluminum very clear during a meeting with Nancy Pelosi.

Russian Gazprombank freezes Venezuelan PDVSA account

19-02-2019

In the wake of mounting pressure against armed-forces backed Venezuelan Socialist President, Nicolas Maduro from the Western countries, a Russian lender, Gazprombank had decided to freeze all of the older accounts of Venezuelan PDVSA.

Qatar to build $20 billion sports sector ahead of soccer World Cup 2022

19-02-2019

On Sunday, the 17th of February, a Senior Qatari official told that Qatar had been on the lookout for more sports companies in the Gulf nations to develop as little as a $20 billion sports sector ahead of World Cup, 2022

Data suggests a weakening Euro zone, ECB’s Rehn to newspaper

19-02-2019

On Sunday, the 17th of December, European Central Bank’s (ECB) Olli Rehn told in an interview with German Business Daily, Handelsblatt that, the recent data could have pointed to weakening eurozone economy

German Chancellor describes Russia as partner despite US criticism

18-02-2019

On Saturday, the 16th of February, German Chancellor, Angela Merkel described Russia as a partner and urged the global leaders to work together in order to brace the global problems including deep slowdown and geo-political tensions.

5G race could cost China trillions, if technology stays shackled

18-02-2019

China could have been on the verge of paying a hefty price, as it had been hankering to win the 5G race from the early developmental phase of the technology and invested over trillions

ECB considers new cash injection stimulus as slowdown worry whispers

18-02-2019

In the wake of a whiplashing economic outlook and a basket of malevolent corporate earnings report, in particular in the manufacturing industry, the European Central Bank (ECB) has been considering the option of injecting new money

Fed policymakers see one or no rate hike this year, as US economy slowing

18-02-2019

In the face of an unfathomable pressure from the US lawmakers and an intense outcry in the global stocks, Federal Reserve Chair Jerome Powell introduced a “new” & “patient” approach to their monetary policy

Mexico pledges to do whatever necessary to prevent Pemex downgrade

17-02-2019

Mexico would instill $3.5 billion into its state-owned oil Pemex as an economic stimulus to prevent further credit downgrade

US auto posts biggest drop since recession, manufacturing output sinks

17-02-2019

On Friday, the 15th of February, a Federal Reserve report revealed that the US manufacturing data had dwindled deeply in January, mostly effectuated by the biggest fall in auto production since the era of recession

Crude oil cruises 2 percent higher on further Saudi squeezing

17-02-2019

On Friday, the 15th of February, 2019, the crude oil price surged over 2 percent after a Saudi Arabia’s offshore oilfield had experienced with an outage, trimming the production further

US recession risk rises amid lackluster corporate earnings outlook

17-02-2019

In recent months, the outlook of Wall Street earnings had been severely dampened, triggering questions whether the United States’ corporates could fall into a recession before its economy would

Senator Rubio to initiate taxes on corporate share buybacks

16-02-2019

The United States’ republican senator, Marco Rubio said on Thursday, the 14th of February, that he would be prepared in a couple of weeks to introduce new legislations, which would treat stock buybacks as dividends for tax purposes.

Russian markets muddled at speculations of tougher US sanctions

16-02-2019

On Thursday, the 14th of February, 2019, newly initiated threats of a much more sclerotic sanction on Russian economy over Ukraine issue and US election meddling, had rocked the Russian markets

US retail sales post biggest fall since 2009, jobless claims up

16-02-2019

nited States retail sales had posted their largest plunge in over nine years on last December, indicating a penetrating slowdown in US economic activity at the end of 2018.

Venezuela looks into India for oil exports, as US sanction stings

15-02-2019

The Venezuelan state-owned oil company, PDVSA has turned to India, looking forward to double their exports, as US sanctions crippled their crude deliveries to United States and Europe.

Lower gasoline price collars US consumer inflation

15-02-2019

United States’ consumer price remained unchanged for three straight months in a row as of January, remarking the slightest annual growth in inflation in over 1 and ½ years

Crude oil jets over 2 percent on Saudi output cut and US inventory decline

15-02-2019

On Wednesday, the 13th of February, 2019, both US and UK crudes gained over 2 percent, posting their best intra-day gain since January 20th, as the OPEC Kingpin Saudi trimmed their crude export further to 8,20,000 barrels last week

Germany seeks immigrants from third countries amid downsized labor force

14-02-2019

According to a “Bertelsmann Stiftung” study, published on Tuesday, the 12th of February, Germany needs at least a net annual figure of 2,60,000 immigrants over the next 40 years in order to meet the labor force requirement of the country.

No-deal Brexit will cripple UK economy, casts BoE’s carney

14-02-2019

On Tuesday, the Governor of Bank of England, Mark Carney voiced an alarming bell, saying that the Brexit could serve as an “acid test” for countries around the world vying to grapple with the challenges of globalizations

US small business confidence hits two-year low

14-02-2019

On Tuesday, the 12th of February, The National Federation of Independence Business revealed that the United States’ small business optimism index had plunged 3.2 points in January to 101.2, its weakest figure since November 2016.

UK posts slowest growth since 2012, as no-deal Brexit worry bites

13-02-2019

On Monday, the 11th of February, the UK official data showed that the United Kingdom’s economy had been hammered hard in late 2018, which pushed its full-year growth in to the weakest level since 2012

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