News

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Mon, 24 Dec 2018 20:32:19 GMT

Taiwan's industrial production grows in November

Taiwan's Industrial Production Index rose 2.09% year-over-year to 111.3 in the month of November, the report showed on Monday.

Mon, 24 Dec 2018 19:28:32 GMT

HNA Technology in talks to sell Ingram Micro

China's HNA Technology was in preliminary negotiations to sell the US electronics distributor Ingram Micro within its parent group's attempt to trim operations.

Mon, 24 Dec 2018 19:26:35 GMT

Vista Equity Partners to purchase Mindbody in $1.9B deal

Mindbody stated that it agreed to be bought by Vista Equity Partners for nearly $1.9B in cash, about three years after the IPO.

Mon, 24 Dec 2018 15:48:20 GMT

Cambodia's exports increase 4% in 2018

Cambodia exported products worth $11.2B in 2018, an increase of 4% compared to the previous year, a Commerce Ministry's annual report shows.

Mon, 24 Dec 2018 15:47:36 GMT

Cooperation between China and Kenya runs smoothly

Cooperation between China and Kenya, including the Mombasa-Nairobi Standard Gauge Railway project, runs smoothly, a Chinese foreign ministry spokesperson says.

Mon, 24 Dec 2018 15:19:24 GMT

Singapore's CPI growth declines to 0.3%

Singapore's Consumer Price Index expanded 0.3% in November, compared to the same period the previous year, the Ministry of Trade and Industry and the Monetary Authority of Singapore says.

Mon, 24 Dec 2018 15:18:17 GMT

Bhutan PM to visit India

The Bhutan Prime Minister Lotay Tshering plans a visit to India at the invitation of the Indian Prime Minister Narendra Modi, the external affairs ministry reports.

Mon, 24 Dec 2018 14:26:34 GMT

S. Korea's officials go to DPRK

South Korea has sent officials to the Democratic People's Republic of Korea to prepare for a ceremony to connect roads across the border, Seoul's unification ministry reports.

Mon, 24 Dec 2018 14:25:13 GMT

Pakistani FM visits Kabul

The Pakistani Foreign Minister Shah Mahmood Qureshi visits Afghanistan's capital Kabul to meet Afghan officials, the Afghan Foreign Ministry reports.

Mon, 24 Dec 2018 13:23:41 GMT

Cadence Bancorp makes new offer to buy State Bank

Cadence Bancorp, the US regional bank, stated on Monday it would offer 4.3M extra shares to acquire State Bank Financial Corp in a deal totaling $849M.

Mon, 24 Dec 2018 13:19:37 GMT

Norwegian Air adopts cost savings program

On Monday, Norwegian Air adopted a $230M cost savings program, which along with other steps is expected to help company to show much better financial results by the end of next year.

Mon, 24 Dec 2018 12:13:18 GMT

China says exported zero soybeans from US in November

According to Chinese customs data, no American soybeans were imported to the country in November. Instead, the commodity was shipped from Brazil.

Mon, 24 Dec 2018 12:06:31 GMT

Mattis to quit earlier than expected

The US President Donald Trump said on Sunday that he would let go the US Secretary of Defense Jim Mattis two months earlier than initially had been planned.

Mon, 24 Dec 2018 11:26:50 GMT

US government shutdown likely to continue until January 3

Mick Mulvaney, the US President Donald Trump's Chief of Staff and Budget Director, stated on Monday that the government shutdown might last until January 3.

Mon, 24 Dec 2018 11:21:06 GMT

Russia's auto market growth to slower next year

Hyundai Motor Co projected on Monday that temps of growth of the Russian car market would decrease from 12% this year to 5-6% next year.

Mon, 24 Dec 2018 11:10:12 GMT

Iran to ready to defend itself at any time

The Commander in Iranian Navy Habibollah Sayyari stated on Monday that the country has enough capabilities to defend itself from any threat, including entrance of the US warship into the Persian Gulf.

Mon, 24 Dec 2018 10:26:43 GMT

Pakistani ex-PM Sharif gets sentenced to seven years

According to the Geo News report, Pakistani court ruled to sentence the former Prime Minister of Pakistan Nawaz Sharif for seven years for bribery.

Mon, 24 Dec 2018 10:23:16 GMT

Turkey wants to bring Khashoggi case to UN

The Foreign Minister of Turkey Mevlut Cavusoglu stated on Monday that the country is working closely with its partners to bring investigation of Jamal Khashoggi murder to the attention of the United Nations (UN).

Mon, 24 Dec 2018 09:40:19 GMT

Brent shows signs of recovery

Brent crude oil prices increased by 12 cents on Monday morning, reaching $53.94 a barrel, thus showing signs of recovery after a week of downfall.

Mon, 24 Dec 2018 09:29:51 GMT

China calls EU behaviour hypocritical

On Monday, the Foreign Ministry of China accused the European Union and the United Kingdom of falseness amid their concerns related to arrest of two citizens of Canada.

Mon, 24 Dec 2018 08:10:52 GMT

China to stabilize housing prices next year

According to Chinese television, the government promised to stabilize real estate and land prices next year and actively suppress any kind of speculation.

Mon, 24 Dec 2018 08:07:54 GMT

India plans to introduce single sales tax rate

The Finance Minister of Indian Arun Jaitley stated on Monday that the government is working on introduction of a single sales tax rate, which is likely to amount to 12-18 percent.

Mon, 24 Dec 2018 06:39:44 GMT

South Korea complains against BMW for late response to engine fires

South Korea's Transport Ministry stated that it is set to file the complaint against BMW with prosecutors for delaying recalls that led to engine fires in the country in 2018.

Mon, 24 Dec 2018 06:37:14 GMT

Singapore's CPI growth weakens in November

Singapore's CPI rose 0.3% year-over-year in November, following the 0.7% increase in the prior month, the MAS and the MTI stated in the joint report.

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