Media IN – New York 21-06-2018 The New York State Financial Services Department said it would fined Germany’s Deutsche Bank more than $ 205 million for foreign exchange fraud. These violations involve improperly coordinating business with other financial institutions to enhance the Bank’s profits, according to the management statement. The …
Read More »The London Stock Exchange is ending higher
Media IN – London 20 \ 06 \ 2018 The London Stock Exchange (FTSE 100) finished the day higher. The index of the top 100 companies on the London Stock Exchange closed up 0.31%, or 23.55 points, at 7627.40.
Read More »European fees on American products
Media In – Brussels 20 June 2018 SPA The European Commission (EC) announced in Brussels on Thursday that the EU will begin imposing a 25 percent import duty on a range of US products starting Friday. The move comes after the United States imposed tariffs on steel and aluminum from …
Read More »US stocks fall on trade worries
MEDIA IN – NEW YORK – 20 June 2018 SPA US stocks fell today as markets were hit by an escalation in the US-China trade row, and the Dow Jones index has erased gains since the start of the year to fall into a year-on-year decline. The Dow Jones industrial …
Read More »Fitch Ratings praises Abu Dhabi’s recent stimulus measures
Media IN Abu Dhabi 19 \ 06 \ 2018 Fitch Ratings said that Abu Dhabi’s recent 50 billion dirham economic stimulus measures will not affect its credit rating under Abu Dhabi’s financial and economic power and balance global oil prices for the emirate’s budget and revenues. The agency pointed out …
Read More »Trump threatens China with $ 200 billion in measures
Media IN/ Agencies 19 \ 06 \ 2018 US President Donald Trump said on Monday evening that he planned to impose 10 percent customs duties on the $ 200 billion a year of Chinese imports. The move comes in response to Beijing’s “rejected” measures following a first US tax increase …
Read More »Tunis Stock Exchange closed higher at 7874.30 points
Media IN Tunisia 18/06/2018 Tunis Stock Exchange closed today at a high of 42.1% at 7874.8 points, while the capital movement reached 10.5 million Tunisian dinars. The shares of 36 companies listed on the stock exchange rose 23 other shares, while 10 companies continued to develop.
Read More »On the impact of the intensification of the US-China trade dispute, US stocks are starting to decline
18\06\2018 Media IN\ Agencie US stocks started trading lower today as the US-China trade dispute intensified after Beijing responded to tariffs imposed by President Donald Trump. The Dow Jones industrial average fell 208.44 points, or 0.83%, to 24882.04. The S & P 500 shed 18.55 points, or 0.68%, to 2,761.11. …
Read More »China plans to lift restrictions on foreign ownership in banks
Media in – Beijing, June 9, 2018 (WAM) China plans to abolish rules restricting foreign investment in domestic banks and financial asset management companies in its latest efforts to push for financial openness. Restrictions on foreign holdings in these financial institutions will be removed, according to a statement issued by …
Read More »Positive progress in China-US trade talks
Media In – Beijing, June 4, 2018 – WAM China and the United States have made “positive” and “concrete” progress in implementing the consensus they reached in Washington at the end of last month, the Chinese government said yesterday. For its part, China expressed its willingness to increase imports from …
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