Pyongyang claims successful missile launch

The missile took off from the northwestern city of Kusong and flew more than 430 miles before landing in the sea between North Korea and Japan, the South Korean military said in a statement. The Security Council has adopted six increasingly tougher... More..

by | Published more than a month ago
China's Xi says Belt and Road needs to reject protectionism
by | Monday, May 15, 2017

China's Xi says Belt and Road needs to reject protectionism

The Belt and Road Initiative - a plan Xi unveiled in 2013 to build infrastructure and expand trade across countries in Asia, Africa and Europe - has been welcomed by cash-starved emerging countries. The list ...More..

President Moon's first overseas trips expected to be Washington, Beijing then Tokyo
by | Monday, May 15, 2017

President Moon's first overseas trips expected to be Washington, Beijing then Tokyo

North Korea and the U.S. are at loggerheads with both sides issuing menacing threats. Contrary to his conservative predecessors, Moon has also expressed his desire to visit North Korea and establish a dial...More..

ValuEngine Upgraded New York Community Bancorp, Inc. (NYSE:NYCB) To 'Buy'
by | Monday, May 15, 2017

ValuEngine Upgraded New York Community Bancorp, Inc. (NYSE:NYCB) To 'Buy'

The SI to Amgen Incorporated's float is 1.2%. 1,230,936 shares of the company traded hands. CorVel Corporation (NASDAQ:CRVL) has risen 21.08% since October 4, 2016 and is uptrending. Integral Derivatives Limite...More..

by | Monday, May 15, 2017

OPEC, non-OPEC see need to extend supply-cut pact - Saudi governor

Benchmark Brent also fell 3% to below $47 per barrel, its lowest since Nov 30, which was the date the Organization of Petroleum Exporting Countries triggered a rally when it said it would cut production in the ...More..

Crude prices rise in expectation of Aramco supply cut
by | Monday, May 15, 2017

Crude prices rise in expectation of Aramco supply cut

On May 8, 2017, Saudi Arabia's energy minister said that OPEC (Organization of the Petroleum Exporting Countries) would work towards rebalancing the oil market to support oil prices. "An OPEC output cut exten...More..

by | Monday, May 15, 2017

Coach aiming for younger customers with proposed Kate Spade purchase

Coach shares were unchanged from their Friday closing price of $42.66. The deal has been approved by the Boards of Directors of both companies. Kate Spade's stock surged more than 8 percent before the open...More..

US, China sign trade agreement
by | Monday, May 15, 2017

US, China sign trade agreement

The move would allow China to diversify its supply and provide a major market for American suppliers, though the expansion could lead to higher prices for USA consumers. The deal is part of a 100-day plan ha...More..

Sinclair Expands Network With Tribune Buy
by | Monday, May 15, 2017

Sinclair Expands Network With Tribune Buy

Could Sinclair Broadcast Group's $3.9 billion purchase of the Tribune Media Co. help the Maryland-based media giant launch a competitor to Fox News? Sinclair already owns 173 television stations around the ...More..

Saudi signals first cut in crude supplies to Asian customer-refinery source
by | Monday, May 15, 2017

Saudi signals first cut in crude supplies to Asian customer-refinery source

Oil cartel Opec and other producers including Russian Federation have pledged to cut output by nearly 1.8-million barrels a day during the first half of the year. Presently, the trading of oil is close to $50, ...More..

Islamic State claims responsibility for Pakistan bomb attack
by | Monday, May 15, 2017

Islamic State claims responsibility for Pakistan bomb attack

The incident occurred near a mosque at a location about 70 km from Quetta , the provincial capital. Ten people are in critical condition in hospital, officials said. Emergency was declared at hospitals in Mast...More..

by | Monday, May 15, 2017

Mnuchin Weaves in Tax Reform, With Trade Talk at G7 Italy

Most finance ministers took the opportunity to gauge the future policy of the Trump administration and voiced their support for a lowering of the corporate tax rate in the United States. European officials comp...More..

China April factory output, investment growth miss forecasts
by | Monday, May 15, 2017

China April factory output, investment growth miss forecasts

However, the declines in growth for both urban investment and industrial output were larger than forecast. Meanwhile, industrial output of enterprises funded by overseas investors increased 5.5 percent. Total i...More..

by | Monday, May 15, 2017

Nigeria, others benefit as oil prices surge 3 per cent

Based on the lower USA inventories and the expectation of an extended production cut, this week has the market stabilize, including a recovery of Brent back above $50 per barrel, following steep price falls las...More..

China scales up financing support for B&R Initiative
by | Monday, May 15, 2017

China scales up financing support for B&R Initiative

He said we support President Xi Jinping's vision and remain eternally grateful to President Xi for his historic gift of over $50 billion in the form of China-Pakistan Economic Corridor. Never in Pakistan's 70-y...More..

by | Monday, May 15, 2017

Germany wants more guarantees from China over 'Silk Road' trade plan

Two Chinese banks will also set up lending schemes valued at 380 billion yuan (£42.6 billion) to support the initiative, Mr Xi said. In his talks with Xi, Duda said that "Poland stands ready to become a porta...More..

by | Monday, May 15, 2017

Merkel's conservatives clinch victory in key state vote

NRW is Germany's most populous state and the home of SPD national leader Martin Schulz, the former EU Parliament president who will face Merkel in federal elections later this year. An earlier survey conducte...More..

Democrats Open to Blocking Trump's FBI Pick, Says Schumer
by | Monday, May 15, 2017

Democrats Open to Blocking Trump's FBI Pick, Says Schumer

Lee's comments were a sharp split from Virginia Democratic Sen. The ranking Democrat on the Senate intelligence committee called it "inappropriate" because Sessions pledged to recuse himself from investigatio...More..

by | Monday, May 15, 2017

North Korea says Sunday missile launch was new type of rocket

Sunday's missile test "points to a new threshold of capability potentially crossed", said Euan Graham, an expert on North Korea at Australia's Lowy Institute. The launch drew a sharp rebuke from Japanese Prim...More..

by | Monday, May 15, 2017

Oil prices at five-month lows following Russian indecision

The recent steep price fall would likely force OPEC members to extend production cuts later this month, but the prospect of deeper cuts appeared slim, analysts said. Crude stockpiles fell by 930,000 barrels, co...More..

Oil steady on expectations of extended OPEC-led production cut
by | Monday, May 15, 2017

Oil steady on expectations of extended OPEC-led production cut

Crude oil futures are ripping higher in Asia following news that OPEC and Russian Federation have agreed to extend production cuts due to expire at the end of June. Traders said it was significant that the jo...More..

The WannaCry ransomware attack has spread to 150 countries
by | Monday, May 15, 2017

The WannaCry ransomware attack has spread to 150 countries

Secret Service, and advises against paying ransoms, saying that payment is no guarantee of recovering data, and that it only encourages further attacks. The government recommends strong prevention measures ...More..

by | Monday, May 15, 2017

Attorney General Jeff Sessions Reverses Obama-Era Justice Policies

We are returning to the enforcement of the laws as passed by Congress. "If you are a drug trafficker, we will not look the other way, we will not be willfully blind to your misconduct". Mr Sessions said in a ne...More..

Dem senators to DOJ: Investigate if Trump interfered in FBI's Russian Federation probe
by | Monday, May 15, 2017

Dem senators to DOJ: Investigate if Trump interfered in FBI's Russian Federation probe

He also said that he had pressed Comey during a private dinner to tell him if he was under investigation. On MSNBC's "Morning Joe", Durbin suggested that the president's move to fire Comey amid its Trump-R...More..

Snap Loses $6B in Market Value Despite CEO Spiegel's Confidence in Future
by | Monday, May 15, 2017

Snap Loses $6B in Market Value Despite CEO Spiegel's Confidence in Future

On Tuesday, the company posted a $2.2 billion loss in the first quarter, much of which was tied to compensation following the companys IPO in March. J.P. "Time will tell whether that's possible", he added. The ...More..

by | Monday, May 15, 2017

Pound slips below $1.29 as Bank of England warns of a slowdown

BoE Governor Mark Carney said sterling's appreciation since Prime Minister Theresa May announced a June 8 snap election last month possibly reflected market expectations of a more orderly Brexit. Carney said th...More..

by | Monday, May 15, 2017

Hurricane Energy PLC (HUR) Earns Buy Rating from FinnCap

On Tuesday, October 27 the stock rating was maintained by Peel Hunt with "Buy". The firm earned "Buy" rating on Monday, March 21 by SunTrust. The stock of Meggitt plc (LON:MGGT) earned "Underweight" rating by J...More..

SpaceX rocket lifts off on secret mission for U.S. military
by | Monday, May 15, 2017

SpaceX rocket lifts off on secret mission for U.S. military

Another Falcon 9 is being prepared to launch a commercial satellite from Kennedy Space Center as soon as May 15. The payload for the National Reconnaissance Office (NRO), which makes and operates spy satell...More..

Morgan Stanley Raises Fiat Chrysler Automobiles NV (FCAU) Price Target to $15.00
by | Monday, May 15, 2017

Morgan Stanley Raises Fiat Chrysler Automobiles NV (FCAU) Price Target to $15.00

Institutional investors own 23.17% of the company's stock. FormulaFolio Investments LLC bought a new position in shares of Fiat Chrysler Automobiles NV during the first quarter worth approximately $114,000. C...More..

Kapil Mishra allegations: Conspiracy to derecognise Aam Aadmi Party, says Sanjay Singh
by | Monday, May 15, 2017

Kapil Mishra allegations: Conspiracy to derecognise Aam Aadmi Party, says Sanjay Singh

Mishra also said that a substantial amount of these suspicious cheques and cash transactions were carried out Axis Bank, which was raided during the demonetisation drive for allegedly converting unaccounted wea...More..