News

Note: This section contains information in English only.
Sun, 06 Sep 2020 09:19:23 GMT

Japanese official suggests snap elections

Shunichi Suzuki, one of the senior members of the Japanese ruling Liberal Democratic Party, suggested on Sunday that the country's next Prime Minister could announce early elections shortly after taking the office.

Sun, 06 Sep 2020 07:45:30 GMT

White House considers blacklisting China's SMIC

According to a Department of Defense official, the Trump administration is thinking to add the Chinese chipmaker SMIC to the US trade blacklist.

Sun, 06 Sep 2020 07:08:20 GMT

Argentina's economy to contract by 12% in 2020

The Argentine Central Bank announced on Friday that Argentina's GDP is likely to decline by 12% this year.

Sun, 06 Sep 2020 06:03:32 GMT

Colombia opens Tunel de la Linea

Colombia has opened the Tunel de la Linea, the South American longest tunnel, which is 8.65 km (5.4 miles) long.

Sun, 06 Sep 2020 04:56:08 GMT

EU demands veto power on UK's post-Brexit laws

According to The Times newspaper report published on Saturday, the EU is demanding a possible veto power on UK's post-Brexit regulations and laws.

Sun, 06 Sep 2020 03:58:08 GMT

China could dump US Treasury bonds

According to the Global Times newspaper, China may dump the US Treasuries, as US-China relations worsening over various issues.

Sun, 06 Sep 2020 02:58:55 GMT

China's auto profit, revenue likely flat in 2020

According to the Chinese government official, China's automobile sector would likely maintain stable revenues and profits in 2020.

Sat, 05 Sep 2020 21:45:35 GMT

Suga backs ultra-easy monetary policy

Yoshihide Suga, Japan's Chief Cabinet Secretary and the ruling Liberal Democratic Party lawmaker, stated on Saturday that he would like the Japanese Central Bank to continue the ultra-easy money policy.

Sat, 05 Sep 2020 19:45:24 GMT

US trade deficit reaches new high

According to the US Commerce Department, the country's trade deficit reached a 12-year high in July totaling $63.6B.

Sat, 05 Sep 2020 19:10:20 GMT

South Korea maintains current account surplus

According to the Bank of Korea (BOK), the country's current account surplus in July reached a 9-month high.

Sat, 05 Sep 2020 18:28:13 GMT

French shares decrease nearly percent

By the end of the European trading session, the French benchmark Paris CAC 40 dropped 44.45 points or 0.89%.

Sat, 05 Sep 2020 16:41:16 GMT

Tesla gets excluded from S&P 500

Tesla shares plunged 7% in Friday's extended trade after the electric vehicle maker had been excluded from the S&P 500's companies group, Reuters reported on Saturday.

Sat, 05 Sep 2020 15:57:54 GMT

IKEA's unit acquires San Francisco mall

IKEA's shopping centres arm has acquired San Francisco's 6X6 shopping mall in its first US real estate acquisition, it announced on Saturday, not providing any further financial details of the deal.

Sat, 05 Sep 2020 15:07:08 GMT

Ant hires Goldman Sachs as a leading manager for IPO

Goldman Sachs has been hired to join the leading investment lenders for the planned initial public offering of the Chinese financial technology company Ant Group worth around $30B, according to Reuters.

Sat, 05 Sep 2020 14:29:39 GMT

Italy sees Mediaset joining broadband network

On Saturday, Italy's Prime Minister Giuseppe Conte stated that the domestic media group Mediaset could join the government's single broadband network with a further revision of the telecoms ownership.

Sat, 05 Sep 2020 13:24:48 GMT

Berkshire trims Wells Fargo stake

Berkshire Hathaway reduced its Wells Fargo stake to 3.3% from what had been a $32B investment in the lender.

Sat, 05 Sep 2020 11:44:53 GMT

Number of US drilling rigs increases

According to the services company Baker Hughes, the number of drilling rigs in the US increased from 254 to 256 this week.

Sat, 05 Sep 2020 11:01:12 GMT

WTO official praises China

The WTO Deputy Director-General Yi Xiaozhun highlighted on Friday that China was the key driving force of the global economy in recent years.

Sat, 05 Sep 2020 10:06:53 GMT

US unemployment rate decreases to 8.4%

According to the US Bureau of Labor Statistics, 1.4M new jobs were created in August thus lowering the country's unemployment rate to 8.4%.

Sat, 05 Sep 2020 08:57:31 GMT

Car production recovers in Brazil

According to the Anfavea, the number of cars produced in Brazil in August increased 23.6% compared with July, thus showing signs of a gradual after-pandemic recovery.

Sat, 05 Sep 2020 07:43:30 GMT

IAEA inspects Iran's nuclear site

The International Atomic Energy Agency has inspected one of the two Iran's nuclear sites, the agency announced on Friday.

Sat, 05 Sep 2020 06:54:09 GMT

Musk meets with Volkswagen's CEO

According to a source with knowledge of the matter, Tesla's Chief Executive Officer Elon Musk met with Herbert Diess, Volkswagen's CEO, during a visit to Germany.

Sat, 05 Sep 2020 05:47:50 GMT

Belarusian opposition leader calls on UN

On Friday, Sviatlana Tsikhanouskaya, the Belarusian opposition leader, urged the United Nations to send an international monitoring mission to Belarus.

Sat, 05 Sep 2020 05:01:58 GMT

EU approves $235.23M in state aid to Alitalia

On Friday, the European Union regulators have approved 199.45M euro ($235.23M) in state grant to assist Italy's carrier Alitalia.

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