News

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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.

Sun, 20 Jan 2019 12:33:27 GMT

EVs may become unaffordable for some people

Hans Dieter Poetsch, Volkswagen's chairman, stated on Sunday that the move to electric cars would make vehicles more expensive; thus, they might become unaffordable for some people on lower incomes.

Sun, 20 Jan 2019 11:39:04 GMT

Washington's Kudlow sees progress in US-China trade talks

Larry Kudlow, the Economic Adviser for the US White House, stated that China and the United States were making a progress on their trade talks, but it might take time to reach the agreement.

Sun, 20 Jan 2019 11:36:49 GMT

SBI waits for decision on Etihad's bid for Jet Airways

The State Bank of India lenders are waiting for SEBI regulators to make a decision on the Etihad Airways proposed deal for the debt-laden Jet, SBI's Chairman Rajnish Kumar stated.

Sun, 20 Jan 2019 10:31:52 GMT

Britons to back Brexit in possible second referendum

On Sunday, the Eurotunnel boss, Jacques Gounon, stated that britons would vote for the Brexit again, if second referendum took place.

Sun, 20 Jan 2019 10:25:54 GMT

Panasonic, Toyota to lunch EV battery JV next year

Panasonic Corp and Toyota Motor are planning to set up a joint venture in 2020 to develop batteries for electric cars, seeking to compete with the companies' rivals in China.

Sun, 20 Jan 2019 09:37:25 GMT

Israel's BCom explores private offering of 8M shares

On Sunday, B Communications stated it was considering to launch an offering of about 8M shares in private auction in Israel, as it sought to certain the country's institutional and accredited investors.

Sun, 20 Jan 2019 09:32:30 GMT

EU approves BASF takeover of Solvay's nylon business

The German chemical group BASF won the European Commission's conditional approval for the acquisition of the Belgian rival Solvay's nylon business, in a deal valued at $1.8B.

Sun, 20 Jan 2019 07:50:52 GMT

Australians demand safe streets

Nearly three thousand people marched in Melbourne in Australia calling for the enforcement of the safety of the streets after an exchange student recently was murdered.

Sun, 20 Jan 2019 07:49:49 GMT

Saudi Arabia strikes Yemeni capital

On Sunday, the coalition lead by Saudi Arabia launched air strikes at the capital of Yemen, which is held by the Houthi rebels.

Sun, 20 Jan 2019 07:33:13 GMT

Paris informs Tokyo about Renault and Nissan

The French government has sent a delegation to Tokyo. The purpose of the delegation is to seek the integration of Nissan and Renault under a holding company.

Sun, 20 Jan 2019 07:32:43 GMT

Pinduoduo reports online theft

Chinese online discounter group Pinduoduo announced on Sunday that it has reported to the police an online collective exploitation of loophole in its system that gave clients millions of worth of discounts.

Sun, 20 Jan 2019 05:43:49 GMT

Congo top court declares Tshisekedi as president-elect

On Sunday, the Constitutional Court of Congo confirmed that Felix Tshisekedi has won the country's presidential election. Meanwhile, an opposition leader has announced himself the winner.

Sun, 20 Jan 2019 05:42:08 GMT

Nancy Pelosi rejects Trump's offer

Late on Saturday, the House of Representatives of the United States Speaker Nancy Pelosi, who heads the Democrats, announced that the Trump's latest offer that would end the government shutdown is unacceptable.

Sun, 20 Jan 2019 05:32:21 GMT

China' growth sets a record low

On Sunday, the market consensus was that China will report its lowest economic growth in 28 years on Monday, as weak local demand and US tariffs have damaged the economy.

Sun, 20 Jan 2019 05:31:55 GMT

EU has to approve Siemens/Alstom deal

The French Finance Minister has announced that the European Union has to approve the tie-up deal between the French group Alstom and Germany's Siemens.

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