Category Archives: Europe

EU, Japan start push for exemptions from Trump tariffs

The European Union and Japan urged the United States on Saturday to grant them exemptions from metal import tariffs, with Tokyo calling for “calm-headed behavior” in a dispute that threatens to spiral into a trade war. U.S. President Donald Trump

‘Trade wars are good,’ Trump says, defying global concern over tariffs

U.S. President Donald Trump struck a defiant tone on Friday, saying trade wars were good and easy to win, after his plan to put tariffs on steel and aluminum imports triggered threats of retaliation from trading partners and a slide

Bitcoin edges lower, then pares some losses, after news that SEC is probing cryptocurrencies

  Bitcoin slipped on Wednesday following news that the U.S. securities and exchange commission is probing the cryptocurrencies market. The Wall street journal reported Wednesday evening ET that, as part of that investigation, the SEC has issued “scores of subpoenas”

Asia shares rebound as fidgety U.S. rate fears shift again

SYDNEY (Wallstreetnews) – Asian shares rebounded on Friday as comments from a Federal Reserve official eased worries about faster rate rises in the United States, while the dollar ticked higher as investors dipped their toes back into riskier assets. Indications

Trump administration recommends steep tariffs on steel and aluminum

The Commerce Department is recommending steep tariffs on foreign steel and aluminum. The suggested tariffs, offered by Commerce Secretary Wilbur Ross in the name of national security, are the latest indication that President Trump’s trade talk is turning from bark

UK and US blame Russia for ‘malicious’ NotPetya cyber-attack

The Russian military was directly behind a “malicious” cyber-attack on Ukraine that spread globally last year, the US and Britain have said. The White House said June’s NotPetya ransomware attack caused billions of dollars in damage across Europe, Asia, and

SEC says it’s worried about ‘significant’ issues with cryptocurrency ETF plans

The U.S. Securities and Exchange Commission indicated Thursday it would not be open to approving cryptocurrency exchange-traded funds until concerns related to rules aimed at protecting investors are addressed. “We believe … that there are a number of significant investor

China’s premier says 2017 GDP growth expected around 6.9 percent

  ChinesePremierLi Keqiang said the economy is expected to have grown around 6.9 percent last year, according to the official Xinhua news agency. China’s foreign exchange reserves continued to rise last year, while the country’s corporate leverage ratio declined at

Oil prices rise to hit four-year high of $70 a barrel

The price of oil has hit $70 a barrel for the first time since December 2014. Brent crude climbed after members of Opec, the cartel of 14 oil-producing nations that accounts for 40% of the world’s output, said it would

European markets edge higher; Meggitt up 13%

European markets inched higher Tuesday as investors waited for details on tax reforms in the U.S. Symbol Name Price Change %Change Volume FTSE FTSE 7263.44 10.44 0.14% 1012286963 DAX DAX 11834.41 — UNCH 0% 0 CAC CAC 4858.58 — UNCH