News

Note: This section contains information in English only.
Tue, 19 Feb 2019 05:43:34 GMT

Reuters releases Indonesian rate poll

Reuters released on Tuesday the results of a poll, which surveyed various financial analysts about the Indonesian central bank. It was revealed that the respondents are not expecting any changes to the Indonesian central bank rate.

Tue, 19 Feb 2019 05:42:46 GMT

HSBC misses profit targets

On Tuesday, HSBC Holdings announced their quarterly profits. It was revealed that the bank's profits had weakened in the last quarter of 2018 and the profit targets were not reached.

Tue, 19 Feb 2019 05:34:16 GMT

Japanese Yen declines due to Bank of Japan

The Japanese Yen was losing value on Tuesday. The decline was caused by the comments of the Governor of the Bank of Japan, who revealed that the bank was preparing to increase monetary stimulus.

Tue, 19 Feb 2019 05:33:40 GMT

Reserve Bank of Australia comments on policy

On Tuesday, the Australian central bank announced that it is set to keep its interest rate at the current record lows as long as 2021.

Tue, 19 Feb 2019 03:52:50 GMT

Chinese capital market to attract record foreign investment this year

Chine is likely to attract a record-high foreign investment this year, as the country was still widening foreign access to the capital market, China Securities News stated.

Tue, 19 Feb 2019 03:52:35 GMT

Germany's BaFin bans Wirecard's short-selling

The German financial supervisor BaFin issued a ban over establishing and rising short positions in global payment service provider's Wirecard AG shares due to developments, which posed threats to the market confidence.

Tue, 19 Feb 2019 03:36:46 GMT

German engineering sector's reports at record high in 2018

Exports of Germany's engineering sector rose 5.3% to a new record of $201.4B worth of goods last year, the VDMA announced.

Tue, 19 Feb 2019 03:36:11 GMT

Chinese auto market still sluggish last month

The Chinese auto market was still sluggish in the month January, with sales down 15.8% falling year-over-year, data from the CAAM revealed.

Mon, 18 Feb 2019 20:15:14 GMT

US auto industry urges Trump's administration against steep tariffs on import cars

According to a confidential report, the US auto industry has urged the White House not to saddle imported cars with steep tariffs.

Mon, 18 Feb 2019 20:14:09 GMT

UK's Brexit Secretary plans to hold more talks with EU negotiator

Stephen Barclay, the UK Brexit Secretary, said on Monday that he would hold further discussions with Michel Barnier, the EU Chief negotiator, to set out backstop changes.

Mon, 18 Feb 2019 19:08:50 GMT

Williamson says UK is ready to defend its interests in Gibraltar

On Monday, the UK Defense Minister Gavin Williamson said that Britain would defend its interests in Gibraltar, when asked about the Spanish warship incident near Gibraltar.

Mon, 18 Feb 2019 19:08:40 GMT

Uber to pay value-added tax in Egypt

On Monday, the Egyptian Tax Authority, Abdel Azeem Hussein said that Uber has agreed to pay VAT on its car services in Egypt.

Mon, 18 Feb 2019 18:11:45 GMT

EU's Juncker says Trump promises not to impose new tariffs on European cars

On Monday, the European Commission President Jean-Claude Juncker said that the US President Donald Trump promised that he would not impose new import tariffs on European cars.

Mon, 18 Feb 2019 18:11:02 GMT

Greece might not get Eurozone cash next month

On Monday, Eurozone officials said that Greece might not get Eurozone cash next month because the country has not completed the agreed reforms.

Mon, 18 Feb 2019 16:41:40 GMT

Britain does not support Huawei ban

It was revealed on Monday by a Reuters source that British security officials are not favoring a total ban of China's Huawei from UK's telecommunications networks.

Mon, 18 Feb 2019 16:41:32 GMT

Oil prices head for record gains

On Monday, oil prices had reached a new high level, which, if maintained, would become the highest quarterly surge since 2011.

Mon, 18 Feb 2019 15:55:48 GMT

Seven UK lawmakers quit

Seven lawmakers of the Labour party quit on Monday due to the party leader's approach to Brexit and anti-Semitism. Namely, the lawmakers announced that the hard left has taken over the party.

Mon, 18 Feb 2019 15:55:23 GMT

Uber agrees to pay VAT

Uber has set a precedent in Egypt by agreeing to pay value added tax. The information was revealed by Egyptian officials on Monday.

Mon, 18 Feb 2019 14:53:20 GMT

UK lawmakers propose social media regulation

On Monday, British lawmakers announced that tech companies and specifically Facebook have to be subjected to an ethics code to solve various issues that have arisen during the past years.

Mon, 18 Feb 2019 14:53:12 GMT

Facebook comments on regulation

Facebook representatives have announced that the company is open to meaningful regulation. Moreover, the company announced that it has already made changes.

Mon, 18 Feb 2019 13:55:51 GMT

Alibaba developed Chinese Communist Party app

It was revealed by a Reuters source on Monday that Alibaba developed the popular Chinese Communist Party app, which is used for propaganda.

Mon, 18 Feb 2019 13:55:32 GMT

China reveals development guidelines

On Monday, the Chinese cabinet issued guidelines that will regulate how the area around the delta of the Pearl River will be developed. It is set to change the cities of Hong Kong and Macau.

Mon, 18 Feb 2019 12:43:34 GMT

UAE sign a $1.58 defense contract

It was announced by United Arab Emirate officials on Monday that the country has signed a $1.58 billion contract with international firms. The news are set to boost defense stocks.

Mon, 18 Feb 2019 12:42:51 GMT

EU officials comment on car imports

On Monday, a spokesperson from Germany announced that the EU sees no threat in car imports from the US. Due to that reason security cannot be used as a base for setting tariffs on the cars.

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