Coeco

Koreas Celebrate Joint Railway

North and South Korea held a groundbreaking ceremony Wednesday to mark the start of a joint project to connect railways throughout the divided peninsula. The event was held after both …

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Japan Announces IWC Withdrawal, Will Resume Commercial Whaling

Japan is withdrawing from the International Whaling Commission and will resume commercial whaling next year, a government spokesman said Wednesday, in a move expected to spark international criticism. “We have …

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Trump Praises Treasury Secretary Mnuchin But Hits Fed Again on Rate Rises

President Donald Trump on Tuesday expressed confidence in Treasury Secretary Steven Mnuchin amid worries over a weakening economy and a stock market slump, but repeated his criticism of the U.S. …

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Former Nissan Executive Released from Tokyo Jail

Former Nissan Motor Co. executive Greg Kelly was released from jail in Japan Tuesday after a Tokyo court rejected prosecutors’ request to continue to detain him. The Tokyo District Court …

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Japan Stocks Fall Below 20,000

Shares on Japan’s key stock exchange plummeted Tuesday, highlighting investor fears about political turmoil in Washington and this month’s massive losses on Wall Street. The Nikkei 225 Index lost 1,000 …

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Trump Blames Fed for Market Turmoil

U.S. stock markets fell sharply on Monday with the S&P 500 down more than two percent and the Dow off nearly three percent. President Donald Trump is blaming the Federal …

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Euronext Has Launched an All-Cash Bid to Acquire Oslo Bors

The leading pan-European stock exchange has launched a 625 million euro takeover bid to acquire the Oslo Stock Exchange. Euronext, the operator of stock exchanges in Paris, Amsterdam, Brussels, Dublin …

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S. Korea Fines BMW $9.9 Million Over Faulty Engines, Delayed Recalls

South Korea said Monday it will fine BMW $9.9 million and will file a criminal complaint against the German automaker for delaying a recall of cars with faulty engines that …

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US Treasury Chief Calls Top Bank CEOs Amid Market Plunge

U.S. President Donald Trump’s Treasury secretary called top U.S. bankers on Sunday amid an ongoing rout on Wall Street and made plans to convene a group of officials known as …

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Trump Aide: White House, Central Bank Tension not Unusual

A White House official says tension between a president and the interest-rate setting Federal Reserve is “traditional as part of our system.” Acting chief of staff Mick Mulvaney says it should …

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China Holds Second Vice Ministerial Call with US on Trade

China and the United States held a vice ministerial-level call on Friday, the second such contact in a week, achieving a “deep exchange of views” on trade imbalances and the …

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Transitions of Power in Africa Bring Spark Hope, Worry

In 2018, sitting leaders relinquished power in South Africa and Ethiopia. Zimbabwe elected a new leader after 37 years of rule by former President Robert Mugabe. Peaceful power transitions were …

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Federal Shutdown Compounds Risks for US Economy 

Now in its 10th year, America’s economic expansion still looks sturdy. Yet the partial shutdown of the government that began Saturday has added another threat to a growing list of …

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Trump Reportedly Discussed Firing Fed Chairman Powell

U.S. President Donald Trump has discussed firing Federal Reserve Chairman Jerome Powell, Bloomberg reported Saturday. Citing four people familiar with the discussions, Bloomberg reported Trump has become more frustrated with …

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More Losses Leave US Markets With Worst Week in 7-Plus Years

After almost 10 years, Wall Street’s rally looks like it’s ending.  Another day of big losses Friday left the U.S. market with its worst week in more than seven years. All …

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Canadian Economy Exceeds Expectations in October

The Canadian economy expanded by a greater-than-expected 0.3 percent in October from September, pushed higher by strength in manufacturing, finance and insurance, Statistics Canada data indicated Friday. Analysts in a …

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Nigerian Energy Sector’s Crippling Debts Delay Next Power Plant

Plans to build another privately-financed power station in Nigeria to help end decades of chronic blackouts have been delayed because of concerns about persistent shortfalls in payments for electricity across …

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US GDP Grew 3.4 Percent in Q3, Slowed by Falling Exports

US growth in the July-September quarter was slightly slower than previously reported, dragged down by the large drop in exports amid President Donald Trump’s multi-front trade wars. With hundreds of …

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Dow Sinks Another 464 Points as Slowdown Fears Worsen

It was another miserable day on Wall Street as a series of big December plunges continued, putting stocks on track for their worst month in a decade. The Dow Jones …

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China Trade War Rattles Investors in New US Soy Processing Plants

The U.S.-China trade war is spooking potential investors in soybean crushing plants planned for Wisconsin and New York state, developers said, casting doubt on the future of a sector that …

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At Least 8 Killed in Sudan Protests, State of Emergency Declared

A state of emergency has been declared in two eastern Sudan states after at least eight protesters were killed in mass demonstrations against rising prices. Thousands of protesters marched in …

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US Central Bank Boosts Benchmark Interest Rate

The independent U.S. central bank raised borrowing rates Wednesday for the fourth time this year, dismissing President Donald Trump’s contention that policymakers ought not tinker with the country’s robust economy, …

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