News

Note: This section contains information in English only.
Tue, 18 Apr 2017 05:17:49 GMT

Trump to sign executive order on visa system

Donald Trump is to sign an executive order which would make federal agencies suggest changes to the current visa program which allows foreigners to take highly-skilled jobs.

Tue, 18 Apr 2017 04:22:42 GMT

Pence to visit Japan

Following claims by Mike Pence on how the actions in Syria and Afghanistan reflected US strength, a reassuring visit to Japan is to be held on Tuesday.

Tue, 18 Apr 2017 04:16:53 GMT

Half of land argument hostages freed in Vietnam

Around 30 officials who were taken hostage after an argument on land erupted in Vietnam, have now been freed, claimed one of the negotiators.

Tue, 18 Apr 2017 02:56:52 GMT

Uber's VP of global vehicle programs resign

Uber's vice president of global vehicle programs Sherif Marakby, who helped in the self-driving car project, left the company without explaining any reason.

Tue, 18 Apr 2017 02:51:43 GMT

Japan to consider economic cooperation framework with US, not FTA

Japan's Taro Aso is likely to discuss broad economic framework on bilateral partnership, but not any free trade agreement in the first part of talks with US Mike Pence on Tuesday.

Tue, 18 Apr 2017 02:25:39 GMT

Fed's balance sheet plan set not to affect its monetary policy

Stanley Fisher, the Federal Reserve Vice Chair, said that cutting the US central bank's $4.5T balance sheet "in fact" tightens US monetary policy, but with no affect.

Tue, 18 Apr 2017 02:22:19 GMT

China plans 2M new public homes for 2017

China plans building 2M new rental houses this year to supply reasonably priced units for low-income households.

Mon, 17 Apr 2017 20:03:04 GMT

Boeing set to continue cutting jobs

In a memo, Boeing announced it was planning to cut hundreds of engineer jobs on the back of slowing aircraft sales and heightened competition.

Mon, 17 Apr 2017 20:02:26 GMT

ISIS seeks to form alliance with al Qaeda

On Monday, the Vice President of Iraq Ayad Allawi said the Islamic State was in advanced talks with al Qaeda over a possible alliance.

Mon, 17 Apr 2017 19:05:52 GMT

US judge fines Oderbrecht $2.6B in graft case

Latin America's leading engineering firm Oderbrecht was fined $2.6B by a US judge in a scandalous criminal corruption lawsuit.

Mon, 17 Apr 2017 19:05:10 GMT

Turkey's Yildirim says "people's message is clear"

On Monday, the First Minister of Turkey Binali Yildirim said "people's message was clear", adding that the referendum results put an end to all arguments.

Mon, 17 Apr 2017 18:05:35 GMT

Williams Partners to sell its Williams Olefins stake for $2.1B

One of the leading energy infrastructure companies in the US, Williams Partners, said it was ready to sell its stake in Williams Olefins for $2.1B to Nova Chemicals.

Mon, 17 Apr 2017 18:04:11 GMT

Ashland to buy Pharmachem Laboratories for $660M

On Monday, the Kentucky-based specialty chemicals firm Ashland Global Holdings said it was eager to acquire Pharmachem Laboratories for $660M.

Mon, 17 Apr 2017 17:02:24 GMT

NAHB builder sentiment plummets in April

The National Association of Home Builders' Housing Market Index slipped off its 11-year high, trimming three points to settle at 68 over the month of April.

Mon, 17 Apr 2017 17:01:58 GMT

Cloudera sets price range for its IPO below $4.1B private valuation

The US-based software firm Cloudera set an IPO price range that would ensure the company a market capitalisation of $1.79B, well below the $4.1B valuation received in March.

Mon, 17 Apr 2017 16:02:08 GMT

Blackstone to acquire EagleClaw Midstream for $2B

The New York-based private equity business Blackstone Group agreed to acquire EagleClaw Midstream, a privately-held midstream operator, for around $2B in cash.

Mon, 17 Apr 2017 16:00:53 GMT

FAS and Google reach out-of-court settlement over Android complaint

The deputy chair of FAS Alexei Dotsenko said the anti-monopoly watchdog had struck an out-of-court deal with Google over a complaint about the Android OS.

Mon, 17 Apr 2017 14:56:10 GMT

NY and Atlanta Fed slash their US Q1 GDP outlook

The Federal Reserve banks of Atlanta and New York have slashed their forecasts for the US Q1 GDP on the back of downbeat retail sales and CPI data for March.

Mon, 17 Apr 2017 14:55:34 GMT

Empire State Manufacturing Index slips to 5.2 in April

A report released by the New York Federal Reserve revealed the Empire State Manufacturing Index came in at 5.2 for the month of April, well below the forecast for a 15.2 print.

Mon, 17 Apr 2017 13:17:20 GMT

Saudi Arabia anticipates tax on drinks, tobacco to rise up to $2.7B

The government of Saudi Arabia expects new taxes on sugary drinks and tobacco to rise between $2.1B and $2.7B annually and cover a part of budget deficit.

Mon, 17 Apr 2017 13:12:02 GMT

Jared Kusher to sell his stake in real estate technology firm

Jared Kusher, a son-in-law of Donald Trump, is in negotiations to sell stake in Wired Score, the real estate tech company, as he tries to pare his many business ties.

Mon, 17 Apr 2017 12:33:55 GMT

Russia's Putin says good opportunity for investment in technology

On Monday, the Russian President Vladimir Putin stated that Russia is required to boost investment activity in modern technology, as the strong Rouble creates favourable conditions for that.

Mon, 17 Apr 2017 12:21:46 GMT

Turkish opposition discontent with referendum results

On Monday, the main opposition party in Turkey made a call to nullify the referendum results, which granted President Erdogan more power.

Mon, 17 Apr 2017 10:51:58 GMT

Ant Financial ups bid for MoneyGram

Despite facing regulatory obstacles, the Chinese firm Ant Financial upped its bid for MoneyGram by a third, becoming the number one candidate to gain approval from the electronic payment company's board.

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