News

Note: This section contains information in English only.
Tue, 12 Dec 2017 05:17:46 GMT

Adrian Orr becomes new RBNZ governor

On late Monday, the government of New Zealand appointed Adrian Orr, the chief of a pension fund, as a new governor of the country's central bank.

Tue, 12 Dec 2017 05:14:05 GMT

Amazon's branch finds new local partner in China

On Tuesday, Amazon Web Services (AWS) announced that it will start offering computer cloud services in the Chinese region of Ningxia together with new local partner Ningxia Western Cloud Data Technology Co Ltd (NWCD).

Tue, 12 Dec 2017 03:52:38 GMT

China's Xi, South Korea's Moon to discuss trade, NK in Beijing summit

China's Xi Jinping and South Korea's Moon Jae-in are set to reaffirm the South Korean deal with China and move past on THAAD, which froze business and trade between the two.

Tue, 12 Dec 2017 03:52:05 GMT

Exxon to show details on climate-change effects on its business

Exxon Mobil stated that it would provide some details over how climate change may affect the company's long-term outlook, in a bid to appease critics.

Tue, 12 Dec 2017 03:21:21 GMT

PBoC to inject $22.7B via reverse repos

The People's Bank of China is expected to inject more that $22.7B or ¥150B into money market via seven-day and 28-day reverse repurchase agreements of bonds.

Tue, 12 Dec 2017 03:20:21 GMT

US, Japan, EU to join efforts on China's excess capacity

The United States, Japan and the European Union are anticipated to announce join forces aimed to confront Chinese excess industrial capacity and its other trade practices.

Mon, 11 Dec 2017 21:11:39 GMT

Court forces US military to accept transgender recruits

The US District Judge Colleen Kollar-Kotelly ruled on Monday that transgender recruits would be able to join that the US military starting from January 1.

Mon, 11 Dec 2017 21:10:44 GMT

Turkey, Russia to finalise S-400 deal next week

The Turkish President Tayyip Erdogan reported on Monday that Turkish and Russian representatives would meet next week to finalise the S-400 defence systems deal.

Mon, 11 Dec 2017 20:18:43 GMT

Putin says Trump's recognition of Jerusalem is destabilising Middle East

On Monday, the Russian President Vladimir Putin said that the US President Donald Trump's decision to recognise Jerusalem as Israel's capital was destabilising the situation in the Middle East.

Mon, 11 Dec 2017 20:17:10 GMT

Putin says Trump's recognition of Jerusalem is destabilising Middle East

On Monday, the Russian President Vladimir Putin said that the US President Donald Trump's decision to recognise Jerusalem as Israel's capital was destailising the situation in the Middle East.

Mon, 11 Dec 2017 20:15:49 GMT

Mexican retail sales rise significantly in November

The ANTAD, Mexico's retail association, reported that sales at stores operating at least one year surged 5.4% year-over-year in November, whereas total retail sales jumped 8.7%.

Mon, 11 Dec 2017 19:06:53 GMT

Trump to deliver speech on tax overhaul on Wednesday

On Monday, the White House reported the US President Donald Trump would give a speech on the nation's tax overhaul this Wednesday.

Mon, 11 Dec 2017 19:06:36 GMT

Tillerson to meet with Trudeau next week

According to a source with knowledge on the matter, the US Secretary of State Rex Tillerson is set to meet the Canadian PM Justin Trudeau next week for talks over the North Korean crisis.

Mon, 11 Dec 2017 18:06:16 GMT

Oil, finance and defence ministers replaced in Kuwait

The Kuwaiti news agency KUNA reported on Monday that the state's government had replaced its oil, finance and defence ministers in a major Cabinet reshuffle.

Mon, 11 Dec 2017 18:05:57 GMT

EU to resume political contact with Thailand

On Monday, the Foreign Affairs Council of the European Union said the bloc would resume political contact with Thailand "at all levels".

Mon, 11 Dec 2017 16:56:49 GMT

VW expects €4-5B cash outflows in 2018

On Monday, the CFO of Volkswagen Frank Witter said the company expected €4-5B cash outflows in the upcoming year over the dieselgate emissions cheating scandal.

Mon, 11 Dec 2017 16:56:26 GMT

EU negative on Trump's Jerusalem decision

Foreign ministers of the EU have firmly rejected the Israeli PM's call to join the US in recognising Jerusalem as the capital of Israel, adding the move is compromising the peace process.

Mon, 11 Dec 2017 16:17:09 GMT

US job openings little changed in October

Data released by the US Bureau of Labour Statistics revealed the number of job openings in the country was little changed at 6M for the month of October.

Mon, 11 Dec 2017 16:16:08 GMT

Italian retail sales drop 1% in October

According to the data released by Istat on Monday, Italian retail sales were down 1% over the course of October, missing analysts' expectations for a 0.1% drop.

Mon, 11 Dec 2017 15:29:29 GMT

Emirates, flydubai renew flights operations over Iraq

Flydubai and Emirates Airlines resumed operating some flights using the Iraqi airspace, the Middle East carriers announced on Monday, following Iraq's victory proclamation over the Islamic State.

Mon, 11 Dec 2017 15:20:35 GMT

IG Metall, VW first round pay talks fail to produce result

Germany's trade union IG Metall stated that its first round of pay talks with Volkswagen had failed to reach any deal, being disappointed that the automaker did not make a counter-offer to its 6% wage hike demand.

Mon, 11 Dec 2017 14:34:00 GMT

WM Motor to launch sports car production next year

The Chinese electric car maker WM Motor Technology is planning to launch a production of the sport-utility vehicles in the Q2 of 2018 under its new brand called Weltmeister.

Mon, 11 Dec 2017 14:26:24 GMT

Elliott views NXP worth more than Qualcomm's offer

Elliott Management stated on Monday that the chipmaker NXP Semiconductors was worth $135 per share, which was more than Qualcomm's offer of $110 per share.

Mon, 11 Dec 2017 13:25:58 GMT

Putin recalling Russian forces from Syria

The President Vladimir Putin ordered Russian forces to start pulling out of Syria, saying that Damascus and Moscow had achieved their goal of destroying the Islamic State after two-years military campaign.

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