News

Note: This section contains information in English only.
Mon, 05 Nov 2018 10:32:22 GMT

Apple halts iPhone XR's output boost

Apple ordered its smartphone assemblers Pegatron and Foxconn to cancel the plans for an output of the extra iPhone XR's production lines, the device that had been launched month ago, according to the Nikkei report on Monday.

Mon, 05 Nov 2018 09:05:15 GMT

Sempra Energy, Total sign MoU on North America LNG

Sempra Energy and France's energy group Total have inked a Memorandum of Understanding over the liquified natural gas in North American market.

Mon, 05 Nov 2018 09:02:14 GMT

Bank Millennium to buy SocGen's Polish arm in $484M deal

France's Societe Generale has signed an deal to sell 99.8% of its Polish arm Euro Bank for $484M to Bank Millennium, the Polish bank announced on Monday.

Mon, 05 Nov 2018 07:55:55 GMT

BOJ to stop easy policy after meeting inflation target: Kuroda

On Monday, the Governor of the Bank of Japan Haruhiko Kuroda stated that the central bank would exit the ultra-easy policy after the inflation in Japan could reach 2% target.

Mon, 05 Nov 2018 06:24:54 GMT

Asian stocks sink due to uncertainty regarding China-US trade war

On Monday, Asian stock markets sank because of the uncertainty regarding a trade tensions between the US and China which freezes risky investments and potential hikes of rate in the US.

Mon, 05 Nov 2018 06:16:10 GMT

Sales of new cars in UK fall 3% in October

On Monday, the British car industry body reported that sales of the new cars in the UK has dropped by 3% in October, mostly hit by uncertainty regarding Brexit and stricter diesel emission rules.

Mon, 05 Nov 2018 06:09:25 GMT

Services sector of China shows slowest growth in 13 months

According to the survey published by Caixin/Markit PMI, the services industry in China has shown the slowest growth in the last 13 months despite the attempt of Beijing to focus on services sector to support country's economy during the trade tensions.

Mon, 05 Nov 2018 05:38:24 GMT

BOJ Governor says regional banks need to merge to survive

On Monday, the Governor of the Bank of Japan Haruhiko Kuroda claimed that small regional Japanese banks need to consider consolidation and mergers option as a part of their strategy to survive in the current business environment.

Mon, 05 Nov 2018 05:34:36 GMT

US imposes sanctions on Iran

On Monday, the US imposed financial and oil sanctions on Iran in order to force Tehran to end the development of nuclear and missile programs.

Mon, 05 Nov 2018 04:37:45 GMT

RBNZ to hold rates unchanged

The Reserve Bank of New Zealand is expected to keep interest rates unchanged this week and in the near term, as policymakers are set to see whether an acceleration in inflation and better-than-expected expansion figures are sustainable.

Mon, 05 Nov 2018 04:33:41 GMT

Kuroda says aware BOJ's easy policy hurting banks, warns of global risks

Haruhiko Kuroda, the Bank of Japan's Governor, stated that the Bank was aware that lingering ultra-loose monetary policy is likely to affect financial institutions' margins, destabilse banking system.

Mon, 05 Nov 2018 03:01:56 GMT

China's Xi pledges broader market access, lower tariffs

Xi Jinping, the President of China, promised to diminish import tariffs and keep broadening market access, at the opening of a trade expo considered as an attempt to counter criticism of the country's trade and business practices.

Mon, 05 Nov 2018 02:57:36 GMT

Chinese services sector expansion weakest in 13 months

China's services sector revealed its slowest growth pace in more than a year in October, as the new orders' volume dried up, according to a private survey, suggesting a further decline in economic momentum.

Sun, 04 Nov 2018 21:39:37 GMT

Israel's PM: stability of Saudi Arabia is important

The Prime Minister of Israel Benjamin Netanyahu claimed that the stability of Saudi Arabia is important for the region despite the "horrendous" assassination of journalist Jamal Khashoggi. 

Sun, 04 Nov 2018 21:36:33 GMT

Australia reappoints head of banking regulator

On Monday, Australian treasury claimed that it has reappointed the head of national banking regulator and has lifted the funding of the body.

Sun, 04 Nov 2018 20:39:17 GMT

South Korea and US to resume military drills

On Monday, South Korea and the US are planning to start small-scale drills a few days before the arrival of the US Secretary of State Mike Pompeo to the North Korean capital Pyongyang.

Sun, 04 Nov 2018 20:36:06 GMT

UN aid reaches Rukban refugee camp in Syria

On Sunday, the UN humanitarian aid convoy has reached the refugee camp in Syrian city Rukban near the border with Jordan where thousands of refugees are stranded.

Sun, 04 Nov 2018 19:13:38 GMT

Saudi Prince Alwaleed: investigation of Khashoggi's death to exonerate leader

On Sunday, one of the richest businessmen in Saudi Arabia Prince Alwaleed bin Talal claimed that the official investigation of Saudi journalist Jamal Khashoggi will help to exonerate the leader of Saudi Arabia.

Sun, 04 Nov 2018 19:07:24 GMT

Jordan: Israel wants to discuss border treaty

On Sunday, the Foreign Minister of Jordan Ayman Safadi claimed that Israel would like to discuss a border agreement which the government of Jordan plans to end.

Sun, 04 Nov 2018 18:39:32 GMT

Fiat Chrysler to reconsider Mexico to produce trucks

The CEO of Fiat Chrysler Group Mike Manley claimed that a company is planning to become the second largest seller of trucks in the US and is ready to reconsider its plans regarding closing its plant in Mexico to aim the production numbers.

Sun, 04 Nov 2018 18:35:29 GMT

JPMorgan to contribute $30M to urban development of Paris

On Sunday, the largest US bank JPMorgan Chase & Co claimed that it is planning to contribute $30M of its funds to Paris as a part of the bank's strategy of urban economic development.

Sun, 04 Nov 2018 17:38:49 GMT

New Zealand's speaker: Japan needs more female lawmakers

On Sunday, the speaker of the Parliament of New Zealand Trevor Mallard claimed that Japan needs to have more female lawmakers in its legislative bodies so they could take the leading role in country's politics.

Sun, 04 Nov 2018 17:35:55 GMT

Erdogan: Turkey would not allow to exploit gas reserves in its waters

On Sunday, the President of Turkey Tayyip Erdogan claimed that Turkey will not allow other countries to exploit gas reserves in north Cypriot and Turkish waters.

Sun, 04 Nov 2018 16:37:08 GMT

Cuba lowers economic growth forecast

On Sunday, state medias of Cuba reported that the economic growth of Cuba will be equal to 1% instead of early predicted 2% because of the revenue decrease in exports and tourism industry.

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