News

Note: This section contains information in English only.
Mon, 21 Jan 2019 08:18:11 GMT

EU power firms want to reuse EV batteries

EDF and E.ON have cooperated with Nissan Motor over services development to allow power that is stored in electric car batteries to be returned back to grid.

Mon, 21 Jan 2019 07:39:12 GMT

Nippon Life's head explores M&A in US

Nippon Life Insurance's President Hiroshi Shimizu stated it was actively exploring merger and acquisition options in the United States and Asia, seeking for the world's biggest life insurance markets.

Mon, 21 Jan 2019 07:36:30 GMT

GSK's Chairman Hampton to resign

On Monday, GlaxoSmithKline announced its Chairman Philip Hamptonwill would leave the company after almost four years in his role, adding it had been already searching for a successor.

Mon, 21 Jan 2019 06:05:30 GMT

China aluminium hit record high in December

China reported on Monday its December aluminium surged to its record high of 3.05M, up 8.2% from November, for the second month in a row, showing an 11.3% rise from the same month a year earlier.

Mon, 21 Jan 2019 05:57:43 GMT

Thai tycoon steps down from Bangkok Airways, Bangkok Dusit

On Monday, Prasert Prasarttong-osoth has resigned as the CEO of Bangkok Airways and Bangkok Dusit Medical Services, after the country's watchdog barred the Thai tycoon from holding these offices due to share manipulation allegations.

Mon, 21 Jan 2019 05:36:33 GMT

Australia's Sandfire makes $63M bid for MOD Resources

Sandfire Resources, the copper miner, announced on Monday it had approached MOD Resources with a $63M worth bid, seeking a potential merger of the two firms.

Mon, 21 Jan 2019 05:33:04 GMT

Sports Direct's Ashley considers rescuing retailer HMV

Sports Direct head Mike Ashley has entered talks over rescuing HMV, the music retailer, from administration, as it was hit by the severe trading conditions in the British retail sector, Sky News report showed on Sunday.

Mon, 21 Jan 2019 04:30:15 GMT

China's industrial production grows 6.2% in 2018

The Chinese industrial output increased 6.2% year-over-year in 2018, slowing from 6.6% growth in the prior year, official data revealed on Monday.

Mon, 21 Jan 2019 03:07:57 GMT

Japanese manufacturers' mood at two-year low

Confidence among Japan's manufacturers fell for a third month in succession in January to the lowest level in two years, as worries over the global economy's health and trade tensions took a toll over the corporate sector.

Mon, 21 Jan 2019 03:01:47 GMT

UK house prices grow at weakest pace since 2012

Asking prices for the UK property rose at the weakest pace since 2012 due to ongoing Brexit worries, suggesting lingering weakness in Britain's house prices.

Mon, 21 Jan 2019 02:57:01 GMT

China GDP growth weakens to 6.4% in Q4

China's economy expanded 6.4% year-on-year in the fourth quarter of 2018, official data revealed, in line with forecasts and slower than the prior quarter's 6.5% growth.

Sun, 20 Jan 2019 20:56:01 GMT

China Jiangsu approves $18B wind power projects

The Chinese eastern-central coastal province Jiangsu has approved 24 wind power projects worth $18B with a total capacity of 6.7 gigawatts to boost clean energy production.

Sun, 20 Jan 2019 20:49:25 GMT

China forestry output reaches $1.1T in 2018

The Chinese forestry sector output reached $1.1T in 2018, a 2.88% increase from the prior year, the National Forestry and Grassland Administration reports.

Sun, 20 Jan 2019 20:35:49 GMT

Xi sends condolences to Mexican President over pipeline blast

The Chinese President Xi Jinping has sent condolences to his Mexican counterpart Andres Manuel Lopez Obrador over a deadly pipeline blast in central Mexico.

Sun, 20 Jan 2019 20:34:37 GMT

Israeli PM visits Chad

The Israeli Prime Minister Benjamin Netanyahu visits Chad, a Muslim-majority country, to announce the resumption of diplomatic relations between two nations.

Sun, 20 Jan 2019 18:46:43 GMT

Iran-Malaysia non-oil trade reaches $548.77M

The non-oil trade between Malaysia and Iran reached $548.77M in the first nine months of the fiscal year 2018, the economic news agency in Iran Eghtesad Online reports.

Sun, 20 Jan 2019 18:45:50 GMT

China-Myanmar to establish economic zone near border area

The first China-Myanmar economic cooperation zone of 2,430 hectares will be established along the Kunlong-Chinshwehaw border area in Shan state, the official Global New Light of Myanmar reports.

Sun, 20 Jan 2019 18:32:34 GMT

China tourism sector growth accelerates

The growth of China's tourism sector and related industries accelerated in 2018 to $550B, an increase of 12.8% compared to 2017, the National Bureau of Statistics reports.

Sun, 20 Jan 2019 18:31:53 GMT

Afghan former FM calls for better Chinese-Afghan relations

China and Afghanistan should further improve bilateral relations, the former Afghan Foreign Minister Rangin Dadfar Spanta says at a meeting with the Chinese Ambassador to Afghanistan Liu Jingsong.

Sun, 20 Jan 2019 16:49:36 GMT

S&P confirms Greek rating at B+

The Standard & Poor's credit rating agency affirmed the Greek credit rating at B+ with a positive outlook as the market awaits the first Greek bond issue in almost a year.

Sun, 20 Jan 2019 16:48:43 GMT

Japan welcomes next US-DPRK summit

The Japanese government welcomes the second summit between the Democratic People's Republic of Korea and the United States, the Japanese Defence Minister Takeshi Iwaya says.

Sun, 20 Jan 2019 16:34:31 GMT

China-US relations contribute to world peace, prosperity

China-US diplomatic relations have a profound impact on the maintenance of world peace and prosperity, the Chinese Consul General Wang Donghua says.

Sun, 20 Jan 2019 16:33:53 GMT

India to become UAE top trade partner by 2020

India is likely to become the top trade partner of the United Arab Emirates by 2020, the UAE Minister of Climate Change and Environment Thani Ahmed Al-Zayoudi says.

Sun, 20 Jan 2019 12:37:25 GMT

Rheinmetall to sue Germany amid Saudi arms embargo

Rheinmetall, the German arms maker, is seeking to file a lawsuit against Germany, after the government's decision to halt all weapons exports to Saudi Arabia due to journalist Jamal Khashoggi's murder.

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