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The Argentinean economic activity index fell by 0.58% in December over the previous month, according to the report of the Torcuato Di Tella University. On an annual basis, the index posted a 13.71% growth. "The probability of entering a recessive phase in the next six months is of 49.3%," the report...

Colcap gained 0.10% Wednesday, trading at 1,540.60 points near the end of the session, boosted by Ecopetrol on the eve of a new re-balancing of the main index of the Colombian Stock Exchange. Marcela Ramírez, an analyst at Acciones & Valores, noted that the other shares traded in Bogotá showed a mixed...

The unemployment rate in Australia came in at a seasonally adjusted 5.5 percent in December, the Australian Bureau of Statistics said on Thursday. That was above forecasts for 5.4 percent, which would have been unchanged from November. The Australian economy added 34,700 jobs last month, beating...

Merval, the main index of the Buenos Aires Stock Exchange, closed Wednesday's session with a slight increase (+0.39%) at 33,652.70 points, giving up earlier gains. According to the economist Salvador Di Stefano, "every downside is an opportunity to buy." Pampa Energía fell 1.27%. The company with...

China is scheduled to release a raft of data on Thursday, headlining a busy day for Asia-Pacific economic activity. On tap are Q4 figures for gross domestic product, plus December data for retail sales, industrial production and fixed asset investment. GDP is expected to add 1.7 percent on quarter...

Argentina is set to resume honey exports to Brazil for the first time in ten years, after addressing issues with a health certificate demanded by the Brazilian government for apicultural products. "This measure is of special importance for our country, since it opens an excellent opportunity for an...

The total financing in the Argentinean capital market amounted to 47,105 billion pesos (US$ 2,504.25 billion), more than four times higher than the observed in the same month of the previous year, reported the country's Securities and Exchange Commission (CNV). Meanwhile, the total financing in the...

Argentinean oil company Pampa Energía agreed with Vista Oil & Gas S.A.B. the sale of its direct interests of 58.88% in Petrolera Entre Lomas S.A. (Pelsa), 3.85% in the Entre Lomas, Bajada del Palo and Agua Amarga areas in Neuquén and 100% in the Medanito S.E. and Jagüel de Los Machos in La Pampa. The...

cryptocurrencies2-011718.jpg The bloodbath in the cryptocurrency market extended into Wednesday with severe declines in both prices and market capitalization. Going with the flow, the BitConnect coin tanked more than 90 percent as the company said it's shutting down its platform and cryptocurrency exchange. Amid all the gloom, two...

blockchain-markets-011718.jpg The investing world will be presented with two new products on Wednesday that try to cash in on the blockchain technology that underlies Bitcoin. Reality Shares Inc. and Amplify Investments LLC are launching their Exchange-Traded Funds, or ETFs, focused on investing in companies that lead in the research...

BoonePickens-Bitcoin-011718.jpg American oil tycoon and financier T. Boone Pickens is not at all enthusiastic about cryptocurrencies. The reason is the term itself. "At 89, anything with the word "crypt" in it is a real turnoff for me," the 89-year old famed Texas corporate raider said on Tuesday, in a reply to a question on his Twitter account.

GuoShuqing-CBRC-011718.jpg Imperfect internal control mechanisms in financial institutions, high bad debt and shadow banking have impact on the financial system, Guo Shuqing, chairman of the China Banking Regulatory Commission, told the newspaper People's Daily in an interview, published on Wednesday. The resulting hidden dangers threaten China's financial stability, Guo said.

cryptocurrency-down-011718.jpg Bitcoin and other major cryptocurrencies extended their sharp fall from Tuesday into Wednesday morning on prevailing concerns of South Korea and China, the two leading crypto markets, planning severe crackdown on the digital currency market. As of 2.03 am ET on Wednesday, the largest cryptocurrency...

After breaking the 80,000-point barrier for the first time, the Ibovespa gave up gains and ended 0.10% higher Tuesday at 79,831.76 points - a new record settlement - tracking stock markets abroad. The good mood abroad sustained a positive moment of the benchmark stock index in Brazil, with the American...

Brazilian aircraft maker Embraer ended 2017 with a backlog of US$ 18.3 billion, 6.6% less than a year earlier (US$ 19.6 billion). In the fourth quarter of 2017, the company delivered 73 aircraft - 23 commercial jets and 50 executive jets (32 light and 18 large) - two fewer than in the fourth quarter...

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