News

Note: This section contains information in English only.
Sat, 23 Jun 2018 06:04:37 GMT

US postpones drills with South Korea

The Pentagon announced on Friday the US and South Korea have decided to temporary suspend two more military exercises upon agreement with North Korea.

Sat, 23 Jun 2018 06:04:28 GMT

Italy refuses to accept new refugees

The Interior Minister of Italy Matteo Salvini warned on Friday that unmanageable immigration crisis could destroy the EU and highlighted that his country cannot accept any new refugees.

Sat, 23 Jun 2018 05:02:38 GMT

Xiaomi says no disagreement with CSRC

Chinese phone maker Xiaomi said on Saturday it had no time limit for mainland share offering and no dispute with the China Securities Regulatory Commission.

Sat, 23 Jun 2018 05:02:30 GMT

US Navy to host 25K immigrants

According to US official, the US Navy is preparing to house nearly 25K immigrants on its military bases and other objects at approximate cost of $233M over half a year.

Sat, 23 Jun 2018 04:11:11 GMT

Volaris offers free flights for separated children

Mexican airline Volari announced on Saturday it was offering its services for free for families that were split by the new immigration policy adopted by the US President Donald Trump.

Sat, 23 Jun 2018 04:03:25 GMT

China consumer prices to remain stable

The Chinese National Development and Reform Commission said on Saturday that consumer prices will remain stable, as market believes that the macro situation is solid and supply is adequate.

Fri, 22 Jun 2018 19:50:28 GMT

Russia's Lavrov to meet US Bolton

Sergei Lavrov, the Foreign Minister of Russia, is expected to meet with the National Security Adviser of the United Stated John Bolton, as he visits Moscow, a news agency said.

Fri, 22 Jun 2018 19:50:21 GMT

Merkel to downplay breakthrough chances in EU migration negotiations

Germany's Chancellor Angela Merkel diminished anticipations of any large breakthrough in talks among leaders of the European Union on the migration issue dividing the area.

Fri, 22 Jun 2018 18:55:25 GMT

China CB sees geopolitics, trade friction as uncertainties in outlook

The PBoC stated that geopolitics, trade disputes and major economies' monetary policies are the main uncertainties in the country's outlook even with the global economic expansion.

Fri, 22 Jun 2018 18:54:33 GMT

Harley: EU duties to prompt price increase in autumn

Harley-Davidson anticipated to have to increase prices in Europe this autumn, amid new EU tariffs on goods from the US, the head of the company's European business stated.

Fri, 22 Jun 2018 18:28:52 GMT

OPEC agrees modest rise in oil output after Iran, Saudis compromise

OPEC agreed on a moderate rise in oil supply from next month, as Saudis persuaded Iran to cooperate, after major consumers called to help to diminish the crude price.

Fri, 22 Jun 2018 18:28:32 GMT

Canada's retail sales drop 1.2% in April

Statistics Canada revealed that the country's retail sales decreased 1.2% in the month of April, compared with a 0.8% rise in the prior month.

Fri, 22 Jun 2018 17:02:41 GMT

US business activity shrinks in June

Markit report showed that activity in the US private business sector weakened in June, with services PMI seen at 56.5 in June after 56.8 in May.

Fri, 22 Jun 2018 17:02:06 GMT

Canadian CPI grows 2.2% in May

Statistics Canada reported that the country's Consumer Price Index increased 2.2% year-on-year in May, following the similar gain in April.

Fri, 22 Jun 2018 16:10:42 GMT

EZ private sector expands in June

Markit reported on Friday that the Euro zone's services sector activity index came in at 55.0 in June from 53.8 in the previous month.

Fri, 22 Jun 2018 16:10:15 GMT

Mexico's economic growth weakens in April

The economy of Mexico shrank 0.6% in April from the prior month, as production declined across the sectors, the country's statistics agency stated.

Fri, 22 Jun 2018 14:51:41 GMT

Ibio stocks gain on IPO pricing news

The shares of the US plant-based biopharmaceutical company Ibio Inc gained momentum on Friday after disclosing its IPO pricing of $16M.

Fri, 22 Jun 2018 14:51:10 GMT

Report: construction market in Thailand to expand by 8% until 2022

According to a recent report, the construction industry in Thailand is set to grow at a pace of 8% during the following four years.

Fri, 22 Jun 2018 14:36:50 GMT

Insurer Allianz agrees JV to develop UK student housing

The insurer Allianz has agreed on Friday to join a venture with Canada's PSPIB and Greystar Real Estate Partners to develop the UK student housing.

Fri, 22 Jun 2018 14:33:10 GMT

Brazil antitrust watchdog grants approval for Walmart-Advent deal

On Friday, the buyout company Advent International has received an approval from the Brazilian antitrust regulator to acquire Walmart's Brazil operations.

Fri, 22 Jun 2018 13:39:43 GMT

Taiwan's TSMC to make investment into five nanometer node tech

Apple's supplier Taiwan Semiconductor Manufacturing Co announced on Thursday it was planning to make a $25B investment into the five nanometer node technology.

Fri, 22 Jun 2018 13:36:52 GMT

Amazon, JPMorgan, Berkshire appoint new healthcare venture CEO

Atul Gawande, the well-regarded author and surgeon, has been appointed as the Chief Executive of the healthcare venture formed by JPMorgan Chase, Berkshire Hathaway and Amazon.com to cut the US employee healthcare costs.

Fri, 22 Jun 2018 12:36:07 GMT

US Echostar builds nearly 3% stake in Inmarsat

Echostar, the US satellite operator, has built nearly 3% stake in Britain's Inmarsat, which it is intending to acquire, according to the stock exchange filing showed on Friday.

Fri, 22 Jun 2018 12:32:20 GMT

Steinhoff to sell Austria property assets to Signa for $570M

Steinhoff is set to sell its Austrian property assets to Signa Holdings in a deal valued at $570M, as the crisis-hit South African retailer is trying to recover after an accounting scandal.

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