News

Note: This section contains information in English only.
Sun, 25 Mar 2018 09:13:40 GMT

Saudi diary business Nadec to acquire Danone unit

Saudi Arabia's dairy business Nadec is set to acquire the venture of Danone in the country, forming one of the nation's biggest dairy producers.

Sun, 25 Mar 2018 08:30:21 GMT

China Vice Premier suggests to treat foreign, domestic firms equally

Han Zheng, the Vice Premier of China, reaffirmed that Beijing move ahead with market reforms, vowing to treat foreign and domestic firms equally.

Sun, 25 Mar 2018 08:29:04 GMT

PBoC governor anticipates mild inflation pressure in 2018

Yi Gang, the People's Bank of China governor, stated that he anticipated inflation pressures to be soft in 2018 and producer price growth to be slower.

Sun, 25 Mar 2018 06:52:56 GMT

Italian parties agree on parliamentary speakers

On Saturday, Italy's populist party Five Star Movement agreed on a cooperation with conservative parties regarding the appointment of the new parliamentary speakers of both parliament houses. 

Sun, 25 Mar 2018 06:52:41 GMT

South Korean GM plant worker found dead in suspected suicide

According to the South Korean police, one of the South Korean GM workers passed away in a suspected suicide in his house after signing an agreement to participate in GM's voluntary redundancy program.

Sun, 25 Mar 2018 06:14:29 GMT

Japanese PM Abe apologies after cronyism scandal

The Prime Minister of Japan Shinzo Abe apologised for confidence loss in his government and anxiety after suspicions in selling a government-owned land at a big discount to the company associated with his wife.

Sun, 25 Mar 2018 06:02:20 GMT

New Chinese finance minister promises tax changes

The newly appointed Chinese finance minister Liu Kun stated that he supports the idea of fiscal reforms and promised changes in transportation and manufacturing taxes to achieve government's goals on growth.

Sun, 25 Mar 2018 05:40:32 GMT

Moody's keeps S. Africa's rating at investment grade

The credit rating agency Moody's decided to keep S. Africa's rating at investment grade and changed the country's outlook from negative to stable.

Sun, 25 Mar 2018 05:39:21 GMT

US air strike targets terrorists in southern Libya

A US air strike on Saturday targeted a terrorist group in the southern Libyan city of Ubari, a security official says.

Sun, 25 Mar 2018 04:28:13 GMT

UAE acquires stakes in Kazakhstan's economic zones

The global port operator of the United Arab Emirates, Dubai Ports World, acquired stakes in two special economic zones of Kazakhstan.

Sun, 25 Mar 2018 04:27:24 GMT

Banks of Morocco and China agree to promote trade, investment

Morocco's BMCE Bank of Africa and the China Development Bank signed a memorandum to support bilateral trade and investment, local media reports.

Sat, 24 Mar 2018 20:54:17 GMT

Airlines draw Britain's scrutiny on extra fees

Airlines were coming under the British government pressure to provide information about extra fees that travellers could rack up after the booking of flight.

Sat, 24 Mar 2018 20:53:38 GMT

Canada urges to preserve basis of global trade

As China and the United States edged closer to the trade war, Canada has urged world nations to take action to preserve the world trading system's pillars.

Sat, 24 Mar 2018 19:57:58 GMT

Restriction on China's investment to affect US jobs

The US economic expert stated that the decision of the Trump administration to restrict China's investment is likely to affect the US jobs.

Sat, 24 Mar 2018 19:56:40 GMT

Chinese trade group to boost trade, cooperation with India

The Chinese Commerce Ministry organised trade promotion group, which was visiting India to enhance trade and economic ties, as well as pragmatic cooperation between the countries.

Sat, 24 Mar 2018 19:14:13 GMT

Poland, Hungary seek more cooperation on energy, infrastructure

The infrastructure development and the energetic security creation were the main themes of a presidential meeting between Hungary and Poland.

Sat, 24 Mar 2018 19:13:23 GMT

Thai Airways to forbid business class for overweight passengers

Thai Airways International is expected to install seat belts, which are not intended for overweight passengers, in the company's new Boeing 787 business class cabins.

Sat, 24 Mar 2018 18:12:37 GMT

China apologises for filing WTO challenge

The Commerce Ministry of China stated that the country expressed regret at the US for filing the challenge at the WTO.

Sat, 24 Mar 2018 18:11:48 GMT

JCDecaux considers bidding for US competitors

France's outdoor advertising business JCDecaux would consider bidding takeovers of the US competitors, such as Outfront Media and Clear Channel.

Sat, 24 Mar 2018 17:19:37 GMT

New China's insurance, banking regulator to make improvements

Chinese new banking and insurance regulator's first task was to enhance corporate governance, boosting internal controls and risk management, a top official stated.

Sat, 24 Mar 2018 17:18:48 GMT

US investors to have chance to purchase shares of Aramco

The Saudi Arabia's Energy Minister stated that the US investors would have a chance to buy shares of the country's oil company Aramco.

Sat, 24 Mar 2018 16:11:11 GMT

Trump signs memorandum that limits transgenders from military service

The US President Donald Trump signed a memorandum on late Friday that forbids certain transgenders from serving in the American army, though gives the military a sufficient freedom in choosing how to implement this policy.

Sat, 24 Mar 2018 16:06:45 GMT

Sierra Leone court delays presidential election

A top court of Sierra Leone decided on Saturday to delay beginning of presidential election on the basis of claim filed by the ruling party's member Ibrahim Sorie Koroma, saying there is a need to examine evidence of electoral fraud.

Sat, 24 Mar 2018 15:05:50 GMT

India's Aadhaar loses clients' data

According to the local ZDNet news website, India's national ID card database Aadhaar discovered vital security lapse that exposed clients' personal data, such names, bank data and unique 12-digit identification code.

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