Ericsson drops to quarterly operating loss
On Tuesday, mobile telecom equipment maker Ericsson suddenly tumbled to a quarterly operating loss, affected by shrinking markets as well as restructuring costs…
Forex News
Key information updates for profitable trading
China's unemployment rate edges down below 4%
China's registered urban unemployment rate went down below 4% for the first time in years…
South Korea first quarter GDP surge will bounce steeply from fourth quarter on exports
For the first three months of 2017 South Korea's economic surge will probably accelerate at a sharper pace than the previous quarter because exports as well as capital investment tracked a revival in the global economy…
Chinese policymakers are bullish on economy
In China, policymakers are actually pushing a bullish message on the world's number two economy after a sturdy first quarter, pointing to a slowdown in capital outflows as well as a stable national currency after the previous year’s selloff stoked…
Local, global security companies compete for China's 'Silk Road'
Global security companies along with their smaller Chinese counterparts are jostling for business along Beijing's "Silk Road"…
Taiwan is confident of being removed from American currency watch list
Taiwan's trade surplus with America is considerably smaller than actually Washington estimates, as the economics minister told…
China capital outflows have stabilized in the first quarter
During the first quarter, capital outflows from China eased considerably, with cross border capital flows getting more balanced, as the foreign exchange regulator told on Thursday…
Japanese manufacturers' mood ascends to pre-financial crisis level
Confidence among Japanese manufacturers has soared for an eighth straight month to a level not observed since before the 2008 global financial downtime, as a Reuters poll found, reflecting output as well as export revenues led by overseas economic…
General Motors accuses Venezuela of illegally seizing its car factory
On Wednesday, General Motors announced that Venezuelan authorities had illegally seized its factory in the industrial hub of Valencia…
China's Li tells the EU and China should promote free and fair trade
China along with the European Union require promoting rather an upbeat signal of economic globalization as well as free and fair trade…
BMW expects China sales surge to hit 10% this year
BMW Group actually expects sales in China to inch up approximately 10% in 2017, while global sales will probably ascend 5%…
British companies will increase ad budgets this year notwithstanding Brexit uncertainty
UK companies are on the verge of increasing their spending on advertising in 2017, as they really expect the British economy to remain resilient notwithstanding the Brexit vote, as a poll disclosed on Wednesday, thus reversing a previous forecast for a…
