News

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Sat, 02 Nov 2019 19:07:04 GMT

China-Uzbekistan trade expands

China-Uzbekistan bilateral trade reached $5.3B in the first nine months of 2019, an increase of 18.2% from the previous year, Chinese Customs data show.

Sat, 02 Nov 2019 18:00:18 GMT

China gold consumption declines

China's gold consumption declined to 768.31T in the first three quarters of the current year, a decline of 9.58% compared to the prior year, the China Gold Association reports.

Sat, 02 Nov 2019 16:02:32 GMT

Malaysian PM wants more integration among ASEAN

The Association of Southeast Asian Nations must head towards a more integrated market to achieve greater economic growth, the Malaysian Prime Minister Mahathir Mohamad says.

Sat, 02 Nov 2019 15:00:22 GMT

Iran slams new US sanctions

New US sanctions against Iran's construction sector show Washington's "weakness and failure", the Foreign Ministry spokesman Abbas Mousavi says.

Sat, 02 Nov 2019 13:54:03 GMT

Moody's downgrades S. Africa

International credit rating agency Moody's downgraded South Africa's rating to negative from stable, a statement published by the agency shows.

Sat, 02 Nov 2019 13:00:46 GMT

Morocco expects 3.7% growth in 2020

The Moroccan government forecasts an economic growth of 3.7% in 2020, an increase from a 2.9% growth forecast for 2019, the Minister of Finance Mohamed Benchaaboun says.

Sat, 02 Nov 2019 11:54:30 GMT

Russia, Georgia to normalize ties

Russian and Georgian policy makers are ready to resolve tensions between the two nations, the Chairman of the Russian State Duma Leonid Kalashnikov says.

Sat, 02 Nov 2019 11:32:19 GMT

Argentina, US leaders have phone conversation

On Friday, the US President Donald Trump called his recently elected Argentine colleague Alberto Fernandez to congratulate him with the victory and discuss prospects of bilateral relations.

Sat, 02 Nov 2019 11:31:07 GMT

Turkey to invest in Lebanon

Turkey is interested in investing in the energy sector of Lebanon, the Turkish Foreign Minister Mevlut Cavusoglu says at a press conference in Beirut.

Sat, 02 Nov 2019 10:39:12 GMT

China wants to ban sale of e-cigarettes

China's tobacco regulator called businesses on Friday to avoid sale of electronic cigarettes online, a purchase method very popular among local youth.

Sat, 02 Nov 2019 09:14:39 GMT

Saudi Crown Prince approves IPO announcement

The Crown Prince of Saudi Arabia Mohammed bin Salman approved on Friday public announcement of Saudi Aramco's IPO this Sunday.

Sat, 02 Nov 2019 08:18:16 GMT

Merkel wants to sign FTA with India

The German Chancellor Angela Merkel called on Saturday to renew talks on finalization of free trade agreement (FTA) with India.

Sat, 02 Nov 2019 07:24:52 GMT

ASEAN summit starts in Bangkok

On Saturday, the leaders of 10 Southeast Asian countries gathered in Bangkok to participate in the ASEAN summit and among others to discuss the impact of China-US trade tensions in the region.

Sat, 02 Nov 2019 05:50:15 GMT

WH to carefully review Peugeot and Fiat Chrysler deal

On Friday, Larry Kudlow, the White House senior economic adviser, said that President Donald Trump's administration would closely monitor the planned merger between Peugeot and Fiat Chrysler.

Sat, 02 Nov 2019 04:50:51 GMT

Saudi Aramco officials meet with investors

According to sources with knowledge of the matter, Saudi Aramco officials are meeting with investors around the world in a last-minute bid to achieve a $2 trillion IPO valuation.

Sat, 02 Nov 2019 03:43:46 GMT

Iran calls on US to return to 2015 JCPOA deal

On Friday, Iran's Foreign Minister Mohammad Javad Zarif called on the United States to return to the 2015 nuclear deal between Iran and the P5+1 nations.

Sat, 02 Nov 2019 03:32:45 GMT

Farage launches Brexit Party's 2019 election campaign

On Friday, Nigel Farage has launched his general election campaign and told the PM Boris Johnson that his Brexit Party would contest every single seat in the country unless he drops his withdrawal deal.

Fri, 01 Nov 2019 20:47:27 GMT

AIG's Q3 profit misses estimate

The US insurer American International Group shares fell by 1.8% on Friday after the company's third-quarter profit missed forecast.

Fri, 01 Nov 2019 19:58:45 GMT

Saudi Aramco officials meet with investors

According to sources with knowledge of the matter, Saudi Aramco officials are meeting with investors around the world in a last-minute bid to achieve a $2 trillion IPO valuation.

Fri, 01 Nov 2019 19:02:25 GMT

US job growth beats expectation in October

According to the US Bureau of Labor Statistics, the US economy added 128,000 jobs in October and hiring was stronger at the end of summer than previously reported.

Fri, 01 Nov 2019 18:01:07 GMT

WH to carefully review Peugeot and Fiat Chrysler merger deal

On Friday, Larry Kudlow, the White House senior economic adviser, said that President Donald Trump's administration would closely monitor the planned merger between Peugeot and Fiat Chrysler.

Fri, 01 Nov 2019 17:03:05 GMT

US Dollar declines on Friday

On Friday, the US Dollar edged lower against a basket of major currencies after data revealed a mixed perspective on the US economy.

Fri, 01 Nov 2019 16:00:37 GMT

Chevron's profit drops by 36% in Q3

On Friday, Chevron Corp announced a 36% decline in Q3 profit. The decline was attributed to a weaker oil and gas prices.

Fri, 01 Nov 2019 14:41:14 GMT

Exxon profit declines

Exxon Mobil Corporation revealed on Friday that its profits almost halved in the third quarter. The profits were hit by low oil prices and weak chemical business.

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