News

Note: This section contains information in English only.
Mon, 19 Oct 2020 11:14:07 GMT

Hyundai, Kia flag $2.9B earnings hit

On Monday, Hyundai Motor and its affiliate Kia Motors signalled their Q3 earnings hit worth $2.94B from quality costs.

Mon, 19 Oct 2020 09:43:52 GMT

Euronext halts trading

On Monday, Euronext halted all trading on its products due to a technical glitch.

Mon, 19 Oct 2020 08:51:12 GMT

Oil prices drop on China report

On Monday, oil prices plunged after China's Q3 economic growth missed forecasts, raising concerns that rising coronavirus cases are affecting the global oil demand.

Mon, 19 Oct 2020 08:16:09 GMT

Deutsche Telekom tests aerial base station

On Monday, Deutsche Telekom stated it had launched a successful test of the mobile antenna in the stratosphere, the company's innovation that deemed to expand mobile network coverage to remote areas.

Mon, 19 Oct 2020 06:51:54 GMT

American Airlines to return 737 Max by year-end

American Airlines Group aims to return Boeing's 737 Max passenger aircraft to service by the 2020-year's end, as it awaits the jet certification from the FAA.

Mon, 19 Oct 2020 06:31:07 GMT

Alibaba to buy hypermarket chain Sun Art

On Monday, Alibaba Group Holdings announced its planned investment worth $3.6B to acquire the major stake in Sun Art Retail, the hypermarket operator, expanding its presence in the Chinese retail market.

Mon, 19 Oct 2020 05:03:16 GMT

UK needs to impose 3-week national lockdown

Jeremy Farrar, a member of the British Scientific Advisory Group for Emergencies, stated on Sunday that the UK government needs to impose three weeks of national COVID-19 lockdown.

Mon, 19 Oct 2020 04:06:54 GMT

Bailey says economic risks remain heavily skewed

According to Andrew Bailey, the Bank of England Governor, the risks to the UK economic growth remained very heavily skewed towards the downside.

Mon, 19 Oct 2020 02:58:47 GMT

Kuroda says Japan's economy likely to improve

The Governor of the Japanese Central Bank Haruhiko Kuroda announced on Sunday that Japan's GDP is likely to continue to pick up.

Mon, 19 Oct 2020 01:34:01 GMT

China's economy to expand about 2% in 2020

The People's Bank of China Governor Yi Gang stated on Sunday that the Chinese economy would expand by approximately 2% in 2020.

Sun, 18 Oct 2020 19:47:34 GMT

Kuroda comments on inflation

On Sunday, the Governor of Bank of Japan Haruhiko Kuroda stated that there was no need to change the bank's inflation target.

Sun, 18 Oct 2020 18:42:24 GMT

Toshiba reveals revenue target

Toshiba announced on Sunday that it would earn $3 billion from quantum cryptography by 2030.

Sun, 18 Oct 2020 18:03:27 GMT

IMF comments on global debt

On Sunday, the Managing Director of the International Monetary Fund Kristalina Georgieva stated that steps should be taken to address the increasing global debt.

Sun, 18 Oct 2020 17:03:16 GMT

UAE, Israel agree to increase investment

On Sunday, the United Arab Emirates and Israel have agreed on a bilateral treaty to boost investment in both countries.

Sun, 18 Oct 2020 16:02:15 GMT

Swiss announces new COVID-19 restrictions

On Sunday, Switzerland's government announced tighter coronavirus measures to combat the spike in new COVID-19 cases.

Sun, 18 Oct 2020 15:01:01 GMT

Gove says door still open on Brexit talks

Britain's Chancellor of the Duchy of Lancaster Michael Gove said on Sunday that the door is still open for Brexit trade talks with the European Union.

Sun, 18 Oct 2020 14:03:27 GMT

Bolivia votes in presidential election

On Sunday, the Bolivian voters headed to the polls to elect a new President.

Sun, 18 Oct 2020 12:43:10 GMT

Ireland imposes COVID-19 measures

On Sunday, the Irish government announced that it would impose nationwide coronavirus measures starting from Monday.

Sun, 18 Oct 2020 12:17:32 GMT

Twitter lifts ban on NY Post article

On Friday, Twitter stated that it would lift its block on the New York Post article about the son of Joe Biden.

Sun, 18 Oct 2020 12:17:25 GMT

New Zealand votes in election

On Saturday, the Prime Minister of New Zealand Jacinda Ardern's party was expected to win the New Zealand's general election.

Sun, 18 Oct 2020 12:17:15 GMT

BlackRock comments on emerging markets

On Saturday, the CEO of BlackRock Larry Fink stated that emerging markets are likely to decline, as macroeconomics impact asset prices.

Sun, 18 Oct 2020 12:17:07 GMT

China Construction Bank receives fine

On Saturday, the China Banking and Insurance Regulatory Commission fined the China Construction Bank for a total of $1.09 million.

Sun, 18 Oct 2020 12:17:00 GMT

Citadel Securities sues SEC

On Friday, it was revealed that Citadel Securities had sued the Securities and Exchange Commission over an approval of a new stock trading mechanism.

Sun, 18 Oct 2020 12:02:51 GMT

Australia eases lockdown

On Sunday, the state of Victoria of Australia announced an easing of coronavirus lockdown measures.

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