News

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Sun, 04 Apr 2021 04:00:07 GMT

FAW-Volkswagen reports strong sales in Q1

A joint venture between China FAW Group and Volkswagen AG, FAW-Volkswagen Automobile, announced a 72% increase in auto sales in the first three months of 2021.

Sun, 04 Apr 2021 03:00:06 GMT

China home prices rise

Home prices in around 100 Chinese cities increased slightly in March, compared to the previous month, a report published by the China Index Academy shows.

Sun, 04 Apr 2021 02:00:07 GMT

China approves three new IPOs

China's securities regulator approved applications for IPO of Suzhou Jiahe Foods Industry, Zhejiang Provincial New Energy Investment Group and Guangdong Jushen Logistics.

Sat, 03 Apr 2021 20:00:05 GMT

Iran rejects deal with US

The government of Iran stated on Saturday that it would not agree to a gradual lifting of US sanctions on Iran.

Sat, 03 Apr 2021 19:24:19 GMT

US and Iran hold talks

On Saturday, the US and Iranian representatives met in Vienna to discuss the Iranian nuclear deal.

Sat, 03 Apr 2021 18:00:06 GMT

Russia comments on space cooperation

The government of Russia revealed on Saturday that it would back the extending of space exploration cooperation with the US until 2030.

Sat, 03 Apr 2021 17:00:07 GMT

South Korea invites Xi Jinping

On Saturday, Yonhap revealed that the South Korean authorities had invited the Chinese President Xi Jinping for a state visit.

Sat, 03 Apr 2021 16:00:06 GMT

India initiates lockdown

The Indian authorities announced on Saturday that due to a record of coronavirus infections a strict lockdown would soon be enacted.

Sat, 03 Apr 2021 15:22:19 GMT

Backlog ends at Suez Canal

On Saturday, Egyptian authorities announced that the backlog of ships at the Suez Canal had ended.

Sat, 03 Apr 2021 14:00:08 GMT

China's banks report profits in 2020

China's main state-owned banks reported an increase of their net profits in previous year despite the pandemic up to 1.93% year on year.

Sat, 03 Apr 2021 13:00:07 GMT

Postal Savings Bank of China reports profit

The Postal Savings Bank of China reported on Friday that its net profit in 2020 increased 5.38% to $9.8B.

Sat, 03 Apr 2021 12:00:07 GMT

FAW-Volkswagen sales on rise

According to a report published by FAW-Volkswagen Automobile Co., Ltd., the number of cars sold in Q1 increased 72% year on year.

Sat, 03 Apr 2021 11:00:06 GMT

US Treasuries gain value

The US Treasuries edged higher on Friday amid publication of the report showing a spike in employment in March.

Sat, 03 Apr 2021 10:00:10 GMT

Waymo's CEO resigns

John Krafcik, the Chief Executive Officer of Alphabet Inc's Waymo, announced his resignation on Friday but would remain in the company as an advisor.

Sat, 03 Apr 2021 09:00:06 GMT

US adds 916,000 jobs in March

The US economy added 916,000 jobs in March and the unemployment rate declined to 6.0%, data published by the Bureau of Labor Statistics show.

Sat, 03 Apr 2021 08:29:11 GMT

IMF approves $2.34B in financing for Kenya

The International Monetary Fund approved a new three-year $2.34B loan to Kenya to help the country respond to the COVID-19 pandemic and to refinance its existing debt.

Sat, 03 Apr 2021 07:31:04 GMT

Majority of UK companies experience post-Brexit disruptions

The majority of UK companies face trade disruptions with the EU since Brexit and many expect the problem to last for a long period of time, a survey shows.

Fri, 02 Apr 2021 21:10:05 GMT

Israel plans to use more solar energy

Israeli authorities plan to increase the use of the solar energy to 20% by 2025 and to 30% by 2030, the chairman of Israel's Electricity Regulatory Authority Yoav Katsavoy says.

Fri, 02 Apr 2021 21:05:05 GMT

Suez Canal to seek $1B compensation

Egypt's Suez Canal Authority plans to seek over $1B in compensation for losses related to the blockage of the canal by the container ship Ever Given.

Fri, 02 Apr 2021 21:00:06 GMT

S. Korea inflation reaches 14-month high

South Korea's inflation reached a 14-month high in March, due to higher prices for oil products and farm goods, a report published by the Statistics Korea shows.

Fri, 02 Apr 2021 20:55:05 GMT

S. African central bank fines Deutsche Bank

The South African Reserve Bank fined Deutsche Bank for weaknesses in its anti-money laundering policies, a report published by the central bank shows.

Fri, 02 Apr 2021 20:50:06 GMT

US economy to expand over 6% in 2021

The US economy will expand by more than 6% this year, in part due to the nation's aggressive fiscal policy stance, a report published by the Peterson Institute for International Economics shows.

Fri, 02 Apr 2021 20:00:06 GMT

Dutch parliament disapproves Rutte's behaviour

The Dutch Prime Minister Mark Rutte on Friday sustained a no-confidence vote and promised lawmakers' to restore confidence.

Fri, 02 Apr 2021 19:00:05 GMT

Iran, US to hold talks in Vienna

According to sources familiar with the matter, the US and Iranian diplomats will have unofficial talks in Vienna over the nuclear deal.

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