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World News

  • Fed must hike rates to prevent a recession: Robert Heller

    Fed must hike rates to prevent a recession: Robert Heller  

    "There is a very dangerous scenario building up in the US because the rates are so low and for so long," Heller, who was on the Fed's Board of Governors from 1986 to 1989, warned.

    16 Jun 2016, 8.15 am  |  Source: CNBC

  • Brexit factored in decision, may have consequences for US:Yellen

    Brexit factored in decision, may have consequences for US:Yellen  

    Amid worries about slowing job growth, Federal Reserve officials remain only tentatively committed to two more rate hikes this year, and provided indications Wednesday that there might be only one.

    16 Jun 2016, 8.15 am  |  Source: CNBC

  • China`s Didi Chuxing raises $7 billion in new funding: Source

    China's Didi Chuxing raises $7 billion in new funding: Source  

    Didi closed a USD 4.5 billion fundraising round that included USD 1 billion from Apple Incand USD 600 million from China Life Insurance Co.

    16 Jun 2016, 8.01 am  |  Source: Reuters

  • The Fed just made this number a lot more important

    The Fed just made this number a lot more important  

    The consumer price index, expected at 8:30 a.m. EDT on Thursday, is the first fresh inflation report after the Fed forecasts Wednesday revealed that one rate hike is probably more likely than two this year. Fed forecasts also show...

    16 Jun 2016, 7.55 am  |  Source: CNBC

  • Odds for a July rate hike drop after Fed holds steady

    Odds for a July rate hike drop after Fed holds steady  

    While the Fed still sees rates at 0.9 percent by the end of 2016, it is now looking for the funds rate to rise to 1.6 percent in 2017, as opposed to the 1.9 percent estimate in March.

    16 Jun 2016, 7.54 am  |  Source: CNBC

  • BOJ seen keeping policy steady despite yen`s rise,weak inflation

    BOJ seen keeping policy steady despite yen's rise,weak inflation  

    There is a chance BOJ Governor Haruhiko Kuroda could spring a surprise monetary easing if he sees recent yen gains as damaging enough to the export-reliant economy to justify action, say sources familiar with the central bank's th...

    16 Jun 2016, 7.31 am  |  Source: Reuters

  • IT worker at Panama Papers firm arrested in Geneva: Report

    IT worker at Panama Papers firm arrested in Geneva: Report  

    The paper, citing a source close to the case, said the IT employee had been placed in provisional detention on suspicion of stealing a large haul of confidential documents.

    16 Jun 2016, 7.26 am  |  Source: PTI

  • US Judge extends VW diesel emissions settlement deadline

    US Judge extends VW diesel emissions settlement deadline  

    The tentative settlement announced in April includes an offer by VW to buy back nearly 500,000 polluting vehicles, as well as an environmental remediation fund to address excess emissions and a fund to promote green automotive tec...

    16 Jun 2016, 7.07 am  |  Source: Reuters

  • Barack Obama meets Dalai Lama at White House

    Barack Obama meets Dalai Lama at White House  

    "This is actually the fourth opportunity that President Obama has had to meet with the Dalai Lama here at the White House over the last eight years," White House Press Secretary Josh Earnest told reporters at his daily news confer...

    16 Jun 2016, 6.54 am  |  Source: PTI

  • Iran appeals UN`s top court against US block on frozen funds

    Iran appeals UN's top court against US block on frozen funds  

    In its filing to the International Court of Justice based in The Hague yesterday, Tehran argues that "Iran and Iranian state-owned companies are entitled to immunity from the jurisdiction of the US courts", the tribunal said in a ...

    16 Jun 2016, 6.54 am  |  Source: PTI

  • Fed keeps interest rates unchanged, signals fewer future hikes

    Fed keeps interest rates unchanged, signals fewer future hikes  

    The central bank's decision to stick with its 2016 rate path, however, appeared shakier, with six of its 17 policymakers projecting just one increase this year. Only one Fed policymaker had done so when economic forecasts were las...

    16 Jun 2016, 6.52 am  |  Source: Reuters

  • Experts analyse impact of potential Brexit on global economies

    Experts analyse impact of potential Brexit on global economies   

    Watch the interview of Mike Jakeman Global Analyst Economist Intelligence Unit with Areeb Sherwani on CNBC-TV18, in which he shared his views on Brexit and its impact on global economy.

    15 Jun 2016, 10.07 pm  |  Source: CNBC-TV18

  • India`s Eximbank to loan $176.3 mn to Ivory Coast: Ivoirian PM

    India's Eximbank to loan $176.3 mn to Ivory Coast: Ivoirian PM  

    The loan was announced during a visit by India's president Pranab Mukherjee to the world's top cocoa and cashew producer, which issued two Eurobonds totalling USD1.75 billion in 2014 and 2015.

    15 Jun 2016, 9.52 pm  |  Source: Reuters

  • Black money: India, Swiss expect auto info exchange by 2018

    Black money: India, Swiss expect auto info exchange by 2018  

    Seeking to enhance cooperation to fight the black money menace, India and Switzerland today said a team would soon visit the Alpine nation to expedite pending information requests on Indians with Swiss bank accounts, while an ...

    15 Jun 2016, 9.12 pm  |  Source: PTI

  • Brexit will mean Indian cos lose out on trade in Europe: Osborne

    Brexit will mean Indian cos lose out on trade in Europe: Osborne   

    British Chancellor to the Exchequer George Osborne firmly believes Britain is safer and better off within the European Union.

    15 Jun 2016, 8.31 pm  |  Source: CNBC-TV18

  • UK Treasury chief warns of tax rises in case of EU exit

    UK Treasury chief warns of tax rises in case of EU exit  

    Britain's Treasury chief has sounded another warning about how a vote to leave the European Union in a referendum next week would damage the economy, arguing he would have no choice but to raise taxes and slash spending

    15 Jun 2016, 8.18 pm  |  Source: PTI

  • Clinton wins final primary, set for poll battle with Trump

    Clinton wins final primary, set for poll battle with Trump  

    Hillary Clinton crushed her rival Bernie Sanders in the Democratic party's last presidential primary here in the US capital, setting the stage for an epic race against controversial Republican opponent Donald Trump in November

    15 Jun 2016, 5.00 pm  |  Source: PTI

  • UK should stay in EU: Lord Swraj Paul says ahead of referendum

    UK should stay in EU: Lord Swraj Paul says ahead of referendum  

    Speaking ahead of the June 23 referendum when UK votes on whether to remain in the 28-nation European Union or to leave, Paul, Chairman and Founder of Caparo Group said, "when you divide countries and continents you can often caus...

    15 Jun 2016, 3.22 pm  |  Source: PTI

  • Why I`m backing Donald Trump: Wilbur Ross

    Why I'm backing Donald Trump: Wilbur Ross  

    "Part of the reason why I'm supporting Trump is that I think we need a more radical, new approach to government – at least in the US – from what we've had before," Ross told CNBC on Wednesday.

    15 Jun 2016, 1.44 pm  |  Source: CNBC

  • Brexit vote would trigger cuts, tax hikes: George Osborne

    Brexit vote would trigger cuts, tax hikes: George Osborne  

    George Osborne, who is campaigning to remain within the 28-member bloc, announced that schools, hospitals and the army would all have their funding slashed if the pro-Brexit side prevails.

    15 Jun 2016, 12.50 pm  |  Source: PTI

  • More than half online users get news from FB, YouTube, Twitter

    More than half online users get news from FB, YouTube, Twitter  

    More than half of online users get their news from Facebook and other social media platforms, refusing to pay for news and using ad-blocking, which hurts publishers' revenue, the Reuters Institute for the Study of Journalism (RISJ...

    15 Jun 2016, 12.34 pm  |  Source: Reuters

  • Samsung Elec denies report of planned 25 trn won NAND investment

    Samsung Elec denies report of planned 25 trn won NAND investment  

    Samsung, the world's top memory chip maker, said in a regulatory filing the report by the Korea Economic Daily on its chip investment plans was not accurate and that it has not yet decided on specific investment plans.

    15 Jun 2016, 12.32 pm  |  Source: Reuters

  • Fed expected to hold rates steady as Brexit vote clouds outlook

    Fed expected to hold rates steady as Brexit vote clouds outlook  

    The Fed raised its key overnight lending rate in December for the first time in nearly a decade, but it has backed away from further monetary policy tightening this year largely due to a global economic slowdown and financial mark...

    15 Jun 2016, 11.01 am  |  Source: Reuters

  • Hillary Clinton blasts Trump for `shameful` comments on Obama

    Hillary Clinton blasts Trump for 'shameful' comments on Obama  

    "What Donald Trump is saying is shameful. It is disrespectful to the people who were killed and wounded, and their families. And it is yet more evidence that he is temperamentally unfit and totally unqualified to be Commander- in-...

    15 Jun 2016, 10.34 am  |  Source: PTI

  •  Twitter invests $70 million in SoundCloud

    Twitter invests $70 million in SoundCloud  

    According to a report on Re/code, Twitter's CEO Jack Dorsey has confirmed the investment but has not specified the details. People familiar with the deal note that the investment round will end up in the USD 100 million range, tak...

    15 Jun 2016, 9.40 am  |  Source: NEWS18.com

  • `Central banks are losing control`: DoubleLine`s Gundlach

    'Central banks are losing control': DoubleLine's Gundlach  

    "Central banks are losing control and they don't know what to do ... just like the Republican establishment and Donald Trump," Gundlach told Reuters in a telephone interview.

    15 Jun 2016, 8.22 am  |  Source: CNBC

  • Don`t fear a Brexit, it`s not as bad as you think: Jim Cramer

    Don't fear a Brexit, it's not as bad as you think: Jim Cramer  

    Yes, there are things going wrong all over the place. Oil prices are falling, the Federal Reserve may or may not be on hold, and there is a vote happening in the UK next week that has investors worrying that there could be negativ...

    15 Jun 2016, 8.22 am  |  Source: CNBC

  • Janet Yellen may soothe but not that much

    Janet Yellen may soothe but not that much  

    Fed watchers say the weak May jobs report, with just 38,000 payrolls, ended all chances the Fed would hike rates at its meeting this week, even though it had signaled a hike was possible this summer ahead of the June 3 report. Now...

    15 Jun 2016, 8.10 am  |  Source: CNBC

  • Hillary Clinton takes the US capital, wins DC primary

    Hillary Clinton takes the US capital, wins DC primary  

    Hillary Clinton, who secured enough delegates to clinch the Democratic presidential nomination last week, is to meet in private later on Tuesday with rival Bernie Sanders as the sometimes bitter political combatants search for com...

    15 Jun 2016, 8.08 am  |  Source: Reuters

  • Chinese property buyers delay UK deals until after EU vote

    Chinese property buyers delay UK deals until after EU vote  

    A total of 51 percent of the 411 Chinese property professionals and investors surveyed by juwai.com, the largest real estate portal that targets Chinese buyers looking abroad, said the June 23 vote had made them hold back from dea...

    15 Jun 2016, 8.04 am  |  Source: Reuters

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