News

Note: This section contains information in English only.
Tue, 19 Dec 2017 10:21:12 GMT

Uber's rival Didi seeks to break into Taiwanese market

The Chinese ride-hailing service Didi Chuxing is planning to enter Taiwan market through a domestic franchise partner, amid company's intention to expand across waters.

Tue, 19 Dec 2017 09:33:52 GMT

US: North Korea to blame for 'WannaCry' cyber attack

The United States officially blamed North Korea for releasing ‘WannaCry' cyber attack that hit banks, hospitals and other across the globe.

Tue, 19 Dec 2017 09:29:17 GMT

Ride-hailing firm Grab launches services in Cambodia

On Tuesday, ride-hailing company Grab launched its services in Cambodia on the back of the firm's expansion in the Southeast Asia, as it seeks to outstrip its rival Uber.

Tue, 19 Dec 2017 08:30:30 GMT

South Korea, Japan urge China for more pressure on DPRK

South Korea and Japan called China to express more pressure on North Korea to halt its missile and nuclear programmes, as tensions between DPRK and the United States.

Tue, 19 Dec 2017 07:14:22 GMT

Oil price surges to $63.55

Crude oil prices rose by 0.2% on Tuesday, reaching $63.55 a barrel, as investors focused on the Forties pipeline shutdown in the North Sea.

Tue, 19 Dec 2017 07:09:50 GMT

Cuba deepens trade ties with Russia

300 new Lada automobiles will be delivered to Cuba in January, as a part of a broader Russian strategy to resume political, military and economic ties with the former Cold War ally.

Tue, 19 Dec 2017 06:58:03 GMT

Apple announces new India sales chief

According to source familiar with the matter, the managing director for Apple in South Asia Michel Coulomb has been appointed as a new top sales chief in India, thus replacing Sanjay Kaul.

Tue, 19 Dec 2017 06:14:12 GMT

China calls US to cooperate

On Tuesday, China's Embassy to the US said that cooperation between two countries will lead to a mutually beneficial result, while confrontation will cause unnecessary loses. The announcement came in response to a new American national security strategy, which branded China as competitor.

Tue, 19 Dec 2017 06:07:20 GMT

Argentina ready to pass pension reform

Argentine lawmakers are ready to pass a pension reform despite massive protests outside the Congress and the country's top union call to make a daily strike in opposition to the draft bill.

Tue, 19 Dec 2017 05:26:20 GMT

Japan decides to widen ballistic missile defence system

On Tuesday, Japan formally decided to update its ballistic missile defence system with the American Aegis radar stations and interceptors in order to able to shoot down missiles flying from North Korea.

Tue, 19 Dec 2017 05:20:11 GMT

Cyril Ramaphosa becomes elected as ANC President

On Monday, the South African Deputy President Cyril Ramaphosa won elections and became President of the African National Congress (ANC). This position is likely to allow him to become the country's next leader in 2019 presidential elections.

Tue, 19 Dec 2017 03:53:26 GMT

NY and Massachusetts probe MetLife on unpaid pensions

Regulators of New York and Massachusetts stated that they were probing MetLife, after the insurer showed last week that pensions of potentially thousands of people were unpaid.

Tue, 19 Dec 2017 03:52:17 GMT

Japan updates GDB growth projections

The government of Japan revised its growth projection for the next and current fiscal years, anticipating the economy to grow 1.8% and 1.9% respectively, as domestic demand remained solid.

Tue, 19 Dec 2017 03:29:08 GMT

Campbell, Hershey bet $6B on healthy snacks producers

Hershey and Campbell Soup unveiled deals with the total sum nearing $6B to buy healthy snack makers in a bid to cater to a rising preference for healthy nutrition.

Tue, 19 Dec 2017 03:27:11 GMT

World Bank increases China growth forecast for 2017

The World Bank announced that it raised its growth forecast for the Chinese economic growth to 6.8% in 2017, as foreign trade and personal consumption supported growth.

Mon, 18 Dec 2017 21:08:56 GMT

Berkshire stock price hits $300,000

The stock price of Berkshire Hathaway Inc has reached $300,000 on Monday, underlying confidence of the investors in Warren Buffett's conglomerate despite lower operating profits.

Mon, 18 Dec 2017 21:03:15 GMT

Facebook, Google to accept China's online laws

According to China's regulator, Facebook and Google will be forced to accept Chinese online laws and tough censorship if the internet giants want to get access to 751M users.

Mon, 18 Dec 2017 20:26:16 GMT

Monte dei Paschi di Siena names new board, chairwoman

Italy's Monte dei Paschi di Siena, fourth-biggest bank, has selected a new board and a chairwoman to help controlling the course to recovery after the brink of collapse.

Mon, 18 Dec 2017 20:17:00 GMT

Global stocks jump amid upcoming tax vote

Global stock markets reached new highs during the New York session, as the US Republican lawmakers have moved closer to passing tax-cut legislation.

Mon, 18 Dec 2017 19:11:14 GMT

Pfizer's Board approves $10B stock repurchase programme

Pfizer reported on Monday that its Board of Directors approved a new $10B stock repurchase programme and a quarterly dividend increase.

Mon, 18 Dec 2017 19:10:10 GMT

Thales' shares surge amid bid for Gemalto

Shares of France's aerospace and defence group Thales surged more than 8% on Monday after the company agreed to buy Gemalto, a struggling digital company, for €4.8B.

Mon, 18 Dec 2017 18:10:18 GMT

Campbell to acquire Snyder's-Lance

Campbell reported on Monday that it would buy Snyder's-Lance, the fifth largest healthy snack maker in the US, for $4.87B.

Mon, 18 Dec 2017 18:09:11 GMT

Israel believes US will veto UN call for Trump Jerusalem decision

Israel said it believed that the US would veto the UN Security Council's call for the withdrawal of the US President Donald Trump's decision to recognise Jerusalem.

Mon, 18 Dec 2017 17:32:03 GMT

Trump to declare Russia, China as political rivals

Official sources reported on Monday that the US President Donald Trump would declare China and Russia political rivals, aiming to challenge the US.

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