What's New

2021-08-24 Pfizer buys cancer biotech

Pfizer has agree to buy cancer biotech Trillium Therapeutics for $2.3bn.


2021-07-24 Russian Interest rate

Russia's central bank has raised interest rates to 6.5%.


2021-07-05 US House prices

American house prices rose by 14.6% in the 12 monthes to Apr.


2021-07-02 Microsoft's market capitalization

Microsoft's market capitalization reached $2trn.


2021-07-02 The Chinese Communist Party

The world's most powerful political party is about to celebrate ith 100th birthday.


2021-07-01 Iran’s New president

Ebrahim Raisi a conservative cleric and former chief of the judiciary won presidencial election.


2000-01-01 Microsoft's market capitalization

Microsoft's market capitalization reached $2trn.


2021-06-15 Britain free trade deal

Britain struck a free trade deal with Australia.


2021-06-12 Brazil’s INterest rate

Brazil's central bank raised interest rate to 4.25%. (infration running at 8%).


2021-05-21 Britain infration rate

Britain's annual infration rate leapt to 1.5% in April from 0.75% in March.


2021-05-15 India's covid crisis

India's crisis is devastating its most desperate peaple. Then a new wave of covid-19 is hitting South-East Asia.


2000-01-01 Britain free trade deal

Britain struck a free trade deal with Australia.


2017-09-14 Automotive electrification initiative

Volkswagen announced 300 models in its line-up to be electrified by 2030.


2017-08-28 Kite's Car-T treatment

US drugmaker Gilead agrees $12bn deal to buy rival Kite Pharma.


2017-08-05 A new king in the Semiconductor business

Samsung stole Intel's quarter-century title of world's biggest chipmaker. Its semiconductor unit reported quarterly revenues of more than $15bn.


2017-07-29 UK car industry

The British government announced that the sale of new cars that run only on diesel or petrol by 2040. France made a similar pledge.BMW said it would built its fully electric version of the Mini in Oxford from 2019.


2017-07-25 The Vision Fund

A $93bn fund setup by Softbank, announced its first investments in tech startups.


2017-07-22 Asia's biggest buy-out

A Chinese consortium offered $11.6bn for Global Logistic Properties.


2017-07-15 Canada's interest rate

The Bank of Canada raised interest rates for the first time in seven years.increasing its benchmark rate to 0.75%.


2017-07-15 Penguin Random House

Peason sold almost half its 47% stake in Penguin Random House to Bertelsmann.


2017-07-08 Tokyo election

Japan's ruling Liberal Democratic Party suffered its worst ever defeat in Tokyo's local elections.


2017-07-08 IS in Mosul

Iraq's government was poised to take control of Mosul.


2017-07-08 Volvo's pure-electric cars

Volvo became the first of the world's big car manufacturers to announce that it will stop making vehcles that run solely on petro engine.


2017-07-01 Takata filled for bankruptcy.

Following a decade of safety recalls of cars fitted with its airbags. At least 17 deaths have been attributed to the airbags worldwide.


2017-06-24 The new French government

Emmanuel Macron's party, La Republique En Marche! and its allies, won a majolity of 350 seats in France's 577-seat National Assembly.


2017-06-24 EQT Corporation

An American natural-gas firm, agreed to acquire its competitor, Rice Energy, in a $6.7bn deal.


2017-06-17 Iceland cut interest rate to 4.5%

The central bank of in Iceland cut its main interest rate by a quater of a percentage point to 4.5%.


2017-06-03 Areva's nuclear business

The EU's competition watchdog approved a deal whereby nuclear-reactor business of Areva will be sold to Electricite de France.


2017-05-27 Clariant's deal

A $20bn proposal merger between Huntsman, an American chemical company, and Clariant run into opposition.


2017-05-14 France's new president

On May 14th, as Emmanuel Macron takes up his duties in the Elysee Palace.


2017-05-06 The eurozon's GDP

The eurozon's GP grew at an annualised rate of around 2% in the first quarter.


2017-04-08 ChemiChina's TOB

The $4.3bn takeover of Syngenta by ChemChina was cleared by the EU's antitrust regulator. America's Federal Trade Commission also approved the acquition.


2017-04-01 Westinghouse bankruptcy

The American nuclear division of Toshiba filed for bankruptcy in NewYork.


2017-03-18 Intel buys Mobileye

Intel accelerated its drive into the market for autonomous cars by agreeing to pay $5.3bn for Mobileye.


2017-03-04 India's economy

India's economy grew by 7% in the last quarter of 2016 compared with same period of 2015.


2017-02-28 Johnson & Johnson buys Actelion

Johnson & Johnson announced a $30bn takeover of Actelion. Europe's biggest biotech company.


2017-01-21 Luxottica and Essilor

A Italian maker of fashonable eyeware agreed to merge with Essilor, a French company that produces lenses.


2017-01-05 Oil prices

Oil prices sank to their lowest level in 12 years in January.


2016-11-19 Dollar hits 13-year high

US government bond yields hit peaks as 'Trumpflation trade'.


2016-10-29 Japanese core inflation hits 3-year low

Underlying inflation in Japan has fallen to zero for the first time since 2013.


2016-10-28 Qualcomm agreed to buy NXP

Qualcomm buys NXP for $47bn in Europe's largest tech deal.


2016-10-23 AT&T to buy Time Warner

AT&T to buy Time Warner in $84billion deal.This would create world's largest vertically integrated content and distribution company.


2016-10-21 BAT $47bn deal

BAT makes $47bn offer to buy out tabacco rival Reynolds.


2016-09-12 Potash & Agrium

PotashCorp and Agrium agree $30billion merger.


2016-08-06 Tesla & Solar City

Tesla Motors agreed to buy Solar-City a solar company for $2.6billion.


2016-08-04 Britain cuts interest rate to record low

The Bank of England halved its bare rate to 0.25%..


2016-08-02 RBA Cuts Interest Rate

The Reserve Bank of Australia has cut interest rate to record low 1.5%.


2016-07-23 Softbank agreed to buy ARM


2016-07-15 Coup attempted in Turkey

Coup attempted in Turkey.Turkish lira in steepest fall since 2008. Erdogan launches crackdown after coup


2016-07-14 Terror in Nice

French authorities have found no link to any jihadi group.


2016-07-09 Sterling pound

The pound was at a 30-year-low against dollar at $1.29.


2016-07-02 A terrorist attack on Ataturk airport

Three suicide-bombers killed 41 people and injured nearly 240 in attack at Turkey's busiest airport.


2016-06-23 Brexit Vote

The vote resulted in Britain leaving the European Union.


2016-06-18 Microsoft purchase of Linkedin

Microsoft would buy Linkedin for $26.2 billion which is one of the most expensive tech deals in history.


2016-06-11 Bank of Korea cut interest rate

The Bank of Korea cut its benchmark interest rate for the first time in a year to a record low of 1.25%.


2016-06-07 Negative yield of German bond

The average yield of German government bonds is below zero for first time. The average rate across outstanding bonds hit a new low of minus 0.02%. The milestone was passed as the ECB's purchases of bonds have pushed price higher and driven yields deeper into negative territory.


2016-06-04 Investment into Uber

Saudi Arabia's sovereign wealth fund ploughed $3.5 billion into Uber and got a seat on its board.


2016-06-04 Brazil's Economy

The OECD forecast that Brazil's economy will shrink by 4.3% this year.


2016-05-23 Austria's Presidency

Alexander Van der Bellen, a formerhead of Green party won Austria's presidential election.


2016-05-08 The Fort McMurray fire

The wildfire increases tensions over oil and climate change.


2016-05-07 Healthcare Industry

IMS Health (NYSE:IMS) and Quintiles(NYSE:Q) agreed to combine in a $9 billion transaction that will integrate the wide range of data services.


2016-05-03 RBA Cuts Interest Rate

The Reserve Bank of Australia has cut interest rate to record low 1.75%.


2016-05-01 A Farce of Japan's FX Intervention

The Ministry of Finance(MOF) is going to repeat serious error to operate Foreign Exchange(FX) rate. The operation will only transfer money into private FX trading accounts of the fraud group. Related description is here. The transferred money will be used for organized crimes and as worst cases for terror. The amount of giving money to the fraud and/or terrorist group comes to more than 1 trillion Japanese Yen.

It is dark at the foot of a lighthouse. Members of administrative organization are not always ethical. The fraud group of FX intervention is composed of the smallest units of the administrative organization.


2016-04-26 Saudi Aramco IPO

Saudi Arabia pledges economic overhaul. Kingdom targets $2tn initial offering Saudi Aramco.


2016-04-26 Fuel Test Scandal

Systematic fraud of fuel economy data by Mitsubishi Motors Co.(JPX:7211) Mitsubishi car fuel economy tests flawed for decades. Nissan(JPX:7201) to buy 30% stake in MMC.


2016-04-16 US Coal Price

Peabody Energy filed for Chapter 11 bankruptcy. Peabody blamed weak demand in China.


2016-04-09 Alaska Airlines's Deal

Alaska Airlines agreed to buy Virgin America in a $4billion deal.


2016-04-02 Foxconn's Deal

Foxconn sealed a deal to buy a majority stake in Sharp for $3.5billion.


2016-03-22 Terror in Brussels

Europe has suffered murderous attacks by Sunni jihadists. Suicide-bombers attacked Brussels international airport and a train at a metro station.


2016-02-13 Negative Yield

10 Year JGB traded a negative yield, -0.04% a year. Nearly 30% of the global government bond market now trades on negative yield. Sweden pushed its main interest rate into negative territory to -0.5%. The deposit rate of ECB was also lowered from -0.2 to -0.3%. (As in Switzerland, Denmark.)


2016-02-06 ChemChina's TOB

ChemChina offered $43 billion to buy Syngenta which is based on Switzerland the provider of agricultural chemicals.


2016-01-23 Oil Prices

Brent crude dropped to below $28 a barrel.


2015-11-28 Turkey

Turkey shot down a Russian fighter-jet on its border with Syria.


2015-11-28 Pfizer and Allergan

Pfizer and Allegan agreed to combine in a $160 billion deal.


2015-11-21 Hotel Industry

Mario agreed to buy Starwood for $12.2 billion.


2015-11-08 Myanmar’s Election

Aung San Suu kyi claims a remarkable victory.


2015-10-24 Storage Business

Western Digital would acquire SanDisk, known for its flash memory products, in $19billion deal.


2015-10-17 Anheuser-Busch inBev

Anheuser-Busch InBev persuaded SAB-Miller to agree to a merger.


2015-10-17 Cloud Computing

Dell agreed to buy EMC, a data-storage company.


2015-10-17 Wine business

Treasury Wine Estates, based in Australia bought the American and British wine operation of Diageo.


2015-10-10 TPP

Trans-Pacific Partnership, the biggest trade accord which cover 12 countries in Asia and America.


2015-09-26 Emission of Nitrogen Oxides(NOX)

Systematic Fraud by the Volkswagen.


2015-09-12 Exodus-migrant crisis

Refugees from Africa and Middle East continued to enter borderless Schengen area of EU.


2015-09-12 Brazil’s Recession

Standard & Poor’s cut Brazil’s credit rating to "junk" status. The Brazilian real slumped to a record intraday low against dollar.


2015-09-05 South Korea’s export

Lower oil prices and a stronger currency were behind a 14.7% plunge in South Korea’s export.


2015-08-15 China’s Renminbi

The people’s Bank of China devalued the yuan, 1.9 % devaluation of the renminbi. Emerging market are being squeezed.


2015-08-08 Location-Intelligence Business

Three German carmakers-Audi,BMW,Daimler- joined together to secure the bid for Nokia’s Here, the Finnish company’s digital mapping and location intelligence business.


2015-07-18 China Gov. intervened

China’s stock markets continued to tumble throughout much of the week. China Gov. intervened in stock market. The ShangHai Composite index fell by 8.5% on July 27th, its steepest one-day decline since early 2007.


2015-06-13 Fossil-Fuel Emissions

The G7 summit held. The leaders promised to end all fossil-fuel emissions by the end of the century.


2015-06-06 Chipmaking Business

Intel agreed to buy Altela for $16.7 billion. Arago technologies announced that it was taking over Broadcom for $37 billion.


2015-04-25 Greece’s Economic Co-operation

Fresh jitters about the potential for a Greek exit from the eurozone caused a sharp sell-off in Greek markets. The prime minister of Greece, visited Moscow to discuss economic co-operation with Vladimir Putin(2w ago).


2015-04-25 Nikkei225

The Nikkei225 stock market index closed about 20,000 for the first time in 15years.


2015-04-18 General Electric

GE, America’s conglomerate, announced plans to sell its finance arm, GE Capital. The sale is to Canada’s largest pension fund for $12 billion.


2015-04-18 Turkish Lira

The Turkish lira fell to a record low against the dollar. The currency has lost 14% against greenback this year.


2015-04-18 Tehran’s Nuclear Pledges

Iran and 6 powers(USA,Russia,China,UK,France and Germany) agreed on the parameters" of a deal to limit the Iranian nuclear program(Jul 18th). Russia has lifted a self-imposed ban on the sale to Iran of an advanced air-defense system. It would upset region’s balance of military power."


2015-04-11 Negative Yield

Switzerland became the first country to date to issue a 10 year sovereign bond with a negative yield. This is part of a general move in Europe towards negative yields prompted by fears of deflation.


2015-04-04 Asian Infrastructure Investment Bank

Taiwan applied to join the new Asian Infrastructure Investment Bank, a rival to the World Bank that has been derived and will be unofficially led by China.


2015-04-04 Yemen’s Civil War

The UN warned that Yemen was nearing a "total collapse". Three weeks of air strikes by a Saudi-led coalition have done. Yemen’s civil war has benefited al-Qaeda in the Arabian Peninsula


2015-03-07 NASDAQ Composite

NASDAQ stock market index closed above 5,000.


2015-03-07 Interest Rate

Ukraine’s central bank raised its key interest rate from 19.5% to 30% in an effort to halt the slide of the hryvnia. The currency has lost 80% of its value since April 2014.


2015-02-14 Summit on Ukraine

A summit on Ukraine in Minsk. Russia’s military intervention into Crimea has began international tension which affected the economic environment in Russia. Oil price fall also affected Ruble slid.


2015-01-31 Greece’s Election

An election in Greece was won by Syriza. Greece sovereign debt crisis has continued the policy of austerity. The policy also shrink the economy.


2015-01-24 Deflation in Eurozone

Disinflationary pressures in eurozone, Britain. The rate of interest of developed countries have been very low since the financial crisis 2007.


2015-01-17 SNB stopped Swiss Franc Ceiling

Swiss Central Bank stopped the currency intervention to peg the Swiss Franc rate to the Euro. SNB ceiling policy of Swiss Franc had established since Aug 2011.


2015-01-10 Terror in Paris

Terrorist attack in Paris on the offices of Charlie Hebdo. The terror were influenced Sunni jihadist ISIS. After the incident, President Hollande decided the military intervention to Syria and Iraq under the domination area of ISIS. Russia had also intervened into Syria cooperated with Assad regime.


2015-01-03 NATO Ended Afghan Ops

NATO ended its 13year combat operation in Afghanistan.


2014-12-06 Russian Ruble

The Russian rouble fell the most in a single day since 1998.


2014-11-29 Opec Production Level

OPEC decided to maintain production at 30m barrels a day.


2014-11-22 SSE and HKEX

Shanghai and Hong Kong stock exchange approved a link up.


2014-11-15 Iran’s Nukes

Russia agree to build eight nuclear reactors for Iran.


2014-11-08 Russia’s FX Intervention

Russia intervened in FX market.


2014-11-01 Japan’s Pension Fund

Japan’s Gov. pension fund double its holdings equities.


2014-10-17 Oil Price Tumbling

The Oil price was tumbling.


2014-10-11 WHO warned Ebola

WHO warned Ebola


2014-10-04 FRB end QE

FRB end QE.


2014-09-13 ECB Cut Rate

ECB cut in interest rate to 0.05%, bank deposits to -0.2%.


2014-08-15 Oil Prices Fall

Oil prices continued to fall despite heightened tensions in Middle East and Russia.


2014-08-02 Ebola Disease

Fears rose the Ebola disease.


2014-06-21 ISIS in Mosul

Sunni jihadists of ISIS have taken Mosul, Iraq’s 2nd city.


2014-06-14 Negative Rate of Interest

ECB set a deposit rate of minus 0.1%. (introduce NEGATIVE rate)


2014-05-31 Ukraina’s Election

Poroshenko was elected as Ukraine’s new President.


2014-05-24 Thailand Emergency

Martial law was imposed,Thailand.


2014-04-05 Japan's VAT

VAT raised from 5% to 8% in Japan.


2014-03-01 Crisis in Ukraina

Russian military intervention in Crimea, Crisis in Ukraine.


2014-01-25 Emerging Market Crisis

Emerging market crisis. fx rates against the $ have slid.


2013-12-14 Volker Rule

Approved the Volcker rule in America.


2013-12-07 Crisis in Ukraina

Crisis in Ukraine.


2013-11-16 ECB Interest Rate

ECB cut in interest rate to 0.25%.


2013-11-09 Georgia’s Election

Georgia’s new start. George Margvelashvili.,


2013-11-02 India Interest Rate

The Reserve Bank of India put up interest rate to 7.75%.


2013-10-26 Puerto Rico’s Debt Crisis

Puerto Rico’s debt crisis.


2013-10-05 ShangHai Free Trade Zone

China opened its new Shanghai Free Trade Zone.


2013-09-28 Germany’s Election

CDU was best result in Germany’s federal election.


2013-08-19 Syria’s Civil War

International tension in Syria’s civil war.


2013-08-17 Egypt’s Crisis

Egypt’s crisis: Egypt plunged into violence.


2013-08-10 Italy’s GDP

Italy’s GDP has sagged for 8 consecutive quarters, Italy’s longest post-war recession.


2013-06-29 ShangHai Stocks Plunged

Shanghai stock market had plunged.


2013-06-20 SHIBOR highest

Shanghai Interbank Offered Rate(SHIBOR) peaked on 13.4%, the highest on record.