News

Note: This section contains information in English only.
Thu, 27 Dec 2018 09:34:05 GMT

Japan's NEC to pat about $1.0B to buy Denmark's KMD

On Thursday, Japan's NEC stated it would spend about $1.23B to acquire KMD, Denmark's biggest IT company.

Thu, 27 Dec 2018 08:39:17 GMT

Visa to acquire Britain's Earthport for $250M

Visa has signed a deal to acquire the British payments firm Earthport for about $250.6M, offering 30 pence for each of the company's shares.

Thu, 27 Dec 2018 08:36:55 GMT

Vinci takes controlling stake in UK Gatwick Airport

Vinci, the French construction group, is acquiring 50.01% stake in the London Gatwick airport in a deal valued at $3.67B, it announced on Thursday.

Thu, 27 Dec 2018 06:17:14 GMT

Chinese industrial profits drop in November

Earnings at Chinese industrial firms fell or the first time in since 2015 last month, as slackening domestic and external demand left businesses facing increased strain in 2019.

Thu, 27 Dec 2018 06:13:58 GMT

Thai inflation rate eases to 0.84% in December

Thailand's yearly headline CPI is expected to rise 0.84% in the month of December, staying below the Central Bank's target for the second month in succession.

Wed, 26 Dec 2018 20:22:07 GMT

Cambodia to attract more foreign tourists, investors

Cambodia plans to attract more foreign tourists and investors in 2019, the Cambodian Prime Minister Samdech Techo Hun Sen says.

Wed, 26 Dec 2018 20:21:26 GMT

Rwanda plans to double tourism income by 2024

Rwanda plans to double income from tourism in the next six years through sustainable wildlife conservation, the Rwanda Development Board says.

Wed, 26 Dec 2018 19:28:18 GMT

Iran: US sanctions won't achieve result

The US sanctions against Iran won't achieve the desired result, The Iranian President Hassan Rouhani says.

Wed, 26 Dec 2018 19:27:45 GMT

Erdogan invites Trump to visit Turkey

The Turkish President Recep Tayyip Erdogan invited the US President Donald Trump to visit Turkey the next year, the White House Deputy Press Secretary Hogan Gidley says.

Wed, 26 Dec 2018 17:53:10 GMT

Huawei to continue 5G network development

A privately-owned telecom solution provider Huawei plans to expand business operations related to the development of 5G network across the globe, the Huawei chairman Liang Hua says.

Wed, 26 Dec 2018 17:52:29 GMT

Trump insists on building border wall

The ongoing partial government shutdown in the US won't end until a border wall is approved, the US President Donald Trump says.

Wed, 26 Dec 2018 17:26:29 GMT

Iran to offer 3M barrels of oil

Iran plans to offer 3M barrels of crude oil to the private sector for exports, the Iranian Petroleum Minister Bijan Namdar Zanganeh says.

Wed, 26 Dec 2018 17:25:54 GMT

Zambia records $3.9B investment in 2018

Zambia received investments worth $3.9B in various sectors of the economy in 2018, the Zambia Development Agency reports.

Wed, 26 Dec 2018 16:09:54 GMT

Hassett says Federal Reserve Chairman job not in jeopardy

On Wednesday, Kevin Hassett, the White House economic adviser, said that the US Federal Reserve Chairman Jerome Powell's job is not at risk.

Wed, 26 Dec 2018 16:06:16 GMT

Wall Street's funded watchdog fines Morgan Stanley unit $10m

On Wednesday, Wall Street's funded watchdog penalised Morgan Stanley unit about $10 million for violations of anti-money laundering program.

Wed, 26 Dec 2018 14:53:24 GMT

Rusal's board chairman resigns amid US sanctions

Rusal, Russia's aluminium titan, announced on Wednesday its chairman of the board of directors Matthias Warnig had stepped down n the back of restructuring plan related to the US sanctions.

Wed, 26 Dec 2018 14:52:55 GMT

US sales surge during 2018 holiday shopping season

On Wednesday, a Mastercard report showed that the US sales surged as much as 5.1% to more than $850B this year due to the holiday shopping season, the best in the last six years.

Wed, 26 Dec 2018 14:26:17 GMT

Poland, Lithuania reach agreement on undersea power cable

The power grid operators of Lithuania and Poland agreed to construct the HVDC undersea power cable by 2025 amid a plan to build electricity grids connections of the Baltic states with the EU.

Wed, 26 Dec 2018 14:08:26 GMT

Swarm fined $900K for unauthorised satellite launch

The US Federal Communications Commission fined Swarm Technologies $900K for launching four experimental communications satellites, which threatened operations of government satellites and critical commercial.

Wed, 26 Dec 2018 13:39:33 GMT

Russia expects oil prices to stabilise in 2019 first-half

Alexander Novak, the Russian Energy Minister, stated he was expecting the oil prices, which dropped by over a third last month, to stabilise in the next year's first half.

Wed, 26 Dec 2018 13:36:51 GMT

Putin's attendance of Davos forum was not ruled out

On Wednesday, the Russian spokesman Dmitry Peskov stated that the Kremlin had not ruled out the President Vladimir Putin attending the Davos forum scheduled for the next month.

Wed, 26 Dec 2018 12:36:45 GMT

Koreas' road and rail links reconnection faces delay

A project launched by South and North Koreas on Wednesday to reconnect road and rail links between the two countries are facing construction delays due to the US sanctions put against North Korea over nuclear weapons.

Wed, 26 Dec 2018 12:04:00 GMT

Russia's Putin to meet Lukashenko once again before year-end

On Wednesday, Kremlin's spokesman Dmitry Peskov stated the two leaders of Russia and Belarus were set to meet one again before the year-end after failing to reach an agreement on financial compensation for Minsk.

Wed, 26 Dec 2018 11:38:36 GMT

Belarus, Russia fail on reaching agreement on financial compensation

Russia's President Vladimir Putin and Alexander Lukashenko, his Belarusian counterpart, failed to reach an agreement on a potential financial compensation for Minsk, Kremlin's spokesman announced on Wednensday.

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