News

Note: This section contains information in English only.
Fri, 28 Sep 2018 05:39:30 GMT

Reuters poll: Singapore to tighten monetary policy in October

According to the recent economists poll of Reuters, Singapore is likely to tighten its monetary policy in October again, although change in policy is expected to be modest.

Fri, 28 Sep 2018 05:36:50 GMT

Number of potential IPOs triples in Hong Kong this year

In 2018, the number of companies which are willing to go public on the Stock Exchange of Hong Kong has tripled in comparison with a previous year due to the rapid development of tech companies in the region.

Fri, 28 Sep 2018 04:39:57 GMT

Japan's industrial rebound fails to impress due to trade risks

On Friday, Japanese Mizuho Research published a new industrial report for Japan which underlines that the manufacturing output in Japan have recovered only moderately.

Fri, 28 Sep 2018 04:36:39 GMT

Japan's Nikkei hits 27-year high

On Friday, Japanese Nikkei hit 27-year high because of the dollar boost after the Chairman of the US Federal Reserve claimed that he is not expecting a near-time recession.

Fri, 28 Sep 2018 03:38:43 GMT

China's diplomat: Rohingya problem should not be internationalised

On Friday, a top diplomat of China said that the Rohingya problem should not be expanded or "internationalised" as the UN prepares to set up a special body to investigate the Rohingya issue.

Fri, 28 Sep 2018 03:33:50 GMT

Samsung board chairman to save his role after union allegations

On Friday, Samsung Electronics Co Ltd's claimed that its chairman Lee Sang-hoon would continue to serve as a chairman after a recent allegations in sabotaging activities of the labour trade union.

Fri, 28 Sep 2018 02:36:24 GMT

Boeing to build next US Air Force training jet

On Thursday, the US Air Force claimed that Boeing Co won $9.2B contract to build a new US Air Force training jet over the life of the whole program.

Fri, 28 Sep 2018 02:27:42 GMT

Iran's Javad Zarif: India to keep buying Iranian oil

On Thursday, the Foreign Minister of Iran Mohammad Javad Zarif claimed that India preserves its plans to buy Iranian oil and to continue the economic partnership between two nations.

Thu, 27 Sep 2018 19:54:05 GMT

Business groups call on US court to keep AT&T-Time Warner merger

On Thursday, business groups, such as the US Chamber of Commerce and others, called on the US Appeal Court to not undo the merger deal between AT&T and the TV show and film maker Time Warner.

Thu, 27 Sep 2018 19:53:09 GMT

Petrobras to pay $853M fine in settlement with US

Petróleo Brasileiro is set to pay $853M fine to settle the US criminal charges over the Brazilian oil company's bribery deals related to the Car Wash probe.

Thu, 27 Sep 2018 18:59:06 GMT

Trump, Deputy AG postpone meeting until next week

The US President Donald Trump and Rod Rosenstein, the Deputy Attorney General, agreed to postpone their meeting, scheduled for this Thursday, to the next week amid Senate hearing for the Supreme Court nominee.

Thu, 27 Sep 2018 18:58:38 GMT

Cabify, Uber drivers launch strike in Spanish capital over law changes

Hundreds of thousand drivers for the ride-hailing firms Cabify and Uber launched a protest in Spain's capital of Madrid on Thursday against the government's plans to tighten regulations.

Thu, 27 Sep 2018 17:54:50 GMT

Ford calls for "certainty" in US trade deals

Ford Motor has called on the Trump Administration to clear its upcoming trade accords with China, Canada and other countries, as the carmaker seeks making investment deals with a "certainty".

Thu, 27 Sep 2018 17:54:19 GMT

Volvo set to start selling e-trucks in North America

The second-largest truck maker in the world, Volvo, is planning to start selling its electric trucks in North America within the next two years, hoping to launch sales by 2020, it stated on Thursday.

Thu, 27 Sep 2018 17:33:09 GMT

Shell considers buying stake in Russia's oil projects

Royal Dutch Shell has entered the talks over acquiring a stake in the Russian gas and oil project from Gazprom, according to three sources with a direct knowledge of the situation.

Thu, 27 Sep 2018 17:29:08 GMT

LVMH plans to revive France's Jean Patou fashion house

France's luxury group LVMH acquired a controlling stake in the Parisian fashion house Jean Patou from the UK group Designer Parfums, seeking to relaunch its pret-a-porter line.

Thu, 27 Sep 2018 16:40:09 GMT

Canada to stay in NAFTA talks despite Trump's allegations

On Thursday, the Prime Minister of Canada Justin Trudeau claimed that Canada is planning to participate in NAFTA talks unless an agreement could be achieved despite US President's Trump's allegations.

Thu, 27 Sep 2018 16:37:42 GMT

Air France-KLM CEO to head French unit for transitional period

On Thursday, an alliance Air France-KLM claimed that its newly appointed Chief Executive Officer Benjamin Smith would head the French division of airlines as well for a transitional time period.

Thu, 27 Sep 2018 15:38:40 GMT

Ryanair to open two hubs in France

On Thursday, Irish low-cost air carrier Ryanair claimed that it is planning to invest $400M in two French airports to set up hubs after the decision of the airline to recognise unions and come back to heavy unionised France.

Thu, 27 Sep 2018 15:35:51 GMT

Harris Corp to supply important processor for Lockheed's jet

On Thursday, the aeronautics unit of Lockheed Martin Corp claimed that Harris Corp would provide a core processor for Lockheed's fighter jet F35 which would let to reduce the cost of the device by 75%.

Thu, 27 Sep 2018 14:12:46 GMT

India to keep buying oil from Iran

The Iranian Foreign Minister stated on Thursday that India would continue to buy oil from the country, keeping their economic cooperation, right ahead of the US sanctions targeted at Tehran's oil exports.

Thu, 27 Sep 2018 14:03:21 GMT

US car sales expected to fell 6% in September

J.D. Power and LMC Automotive reported on Thursday that the US car sales are seen to plunge 6% to around 1.43M units in September, compared to the last year's same month.

Thu, 27 Sep 2018 13:37:02 GMT

Cryptocurrency firm Bitmain picks HK for IPO

The cryptocurrency giant Bitmain Technologies confirmed it had selected Hong Kong to launch its initial public offering, seeking to use the raised money for R&D development and production output expansion.

Thu, 27 Sep 2018 13:22:33 GMT

Papa John's calls on potential purchasers to submit offers

The world's third-biggest pizza delivery firm Papa John's International has called on its potential acquirers to submit their offers, according to sources familiar with the situation.

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