News

Note: This section contains information in English only.
Sat, 16 Jun 2018 10:33:16 GMT

Swire Properties plans sale of two HK office towers

Swire Properties are planning a sale of its two Hong Kong office towers to Henglilong Investments in a deal valued at $1.9B, for Swire to realise the investment cash into the sale interest.

Sat, 16 Jun 2018 09:37:30 GMT

LCCG acquires British Equitable Life, policyholders get $2.4B

Life Company Consolidation Group, the specialist insurer, is buying Equitable Life, the British mutual life insurance firm, releasing $2.4B to Equitable Life policyholders.

Sat, 16 Jun 2018 08:35:49 GMT

LyondellBasell Industries discusses Braskem acquisition

LyondellBasell Industries NV and Odebrecht SA announced on Friday they had entered into the exclusive negotiations for Lyondell to gain control over the petrochemicals producer Braskem in a shares and cash deal.

Sat, 16 Jun 2018 08:30:02 GMT

AT&T boss plans investment in newly acquired media unit

On Friday, the AT&T CEO Randall Stephenson stated his company had an intention to invest up to $22B into the Time Warner's newly acquired media business.

Sat, 16 Jun 2018 06:45:05 GMT

Ortega agrees to allow foreign probe

The government of Nicaragua and the President of the country have agreed to allow a foreign investigation into the recent political unrest.

Sat, 16 Jun 2018 06:44:35 GMT

Papua New Guinea declares state of emergency

After rioters started a rampage of violent looting the government of Papua New Guinea declared a state of emergency and sent in armed forces.

Sat, 16 Jun 2018 06:22:31 GMT

Chinese officials leave room for negotiations

During the announcement that condemned the US tariffs set on Chinese goods Chinese state media revealed that the Chinese side is still open to negotiations.

Sat, 16 Jun 2018 06:21:52 GMT

Asian authorities struggle with illegal gambling

The World Cup in football has caused a surge in illegal gambling in Asia. Moreover, it has been noticed that there is an increase in crypto currency volumes, which are used to hide gambling activities.

Sat, 16 Jun 2018 04:42:58 GMT

China announced new anti-dumping measures

Chinese authorities are set to apply new anti-dumping measures on Japanese and US hydroiodic acid products.

Sat, 16 Jun 2018 04:42:28 GMT

China condemns US tariffs

Chinese official state run media on Saturday condemned the US tariffs set on $50B worth Chinese goods.

Sat, 16 Jun 2018 04:32:47 GMT

Apple and Qualcomm compete for phone imports

The US International Trade Commission has received from Apple an infringement on one of Qualcomm's patents. The issue might cause a stop of the importing of some IPhone models.

Sat, 16 Jun 2018 04:32:13 GMT

Trump sets tariffs on China

The President of the United States Donald Trump on Friday announced that he is pushing new tariffs on $50B worth of Chinese imports.

Sat, 16 Jun 2018 02:42:16 GMT

Greece and Macedonia will sign name change accord

Greek and Macedonian authorities are set to sign a name change accord of the Former Yugoslav Republic of Macedonia on June 17.

Sat, 16 Jun 2018 02:42:08 GMT

Wall Street ignores trade war rhetoric

As Donald Trump enacted tariffs on China, Wall Street seemed to ignore the event. The S&P 500 index decreased only by 0.1% on Friday.

Sat, 16 Jun 2018 02:18:19 GMT

International money managers avoid trade wars

Due to the rising global trade tensions during the past months various large funds have been moving capital to various alternative stocks ranging from banks in Italy to Chinese ecommerce.

Sat, 16 Jun 2018 02:17:47 GMT

Saudi Arabia plans OPEC leader summit

Saudi Arabian authorities are planning to host a large summit for OPEC country leaders later this year to discuss the oil supply pact.

Fri, 15 Jun 2018 20:09:58 GMT

Dollar declines as China trade tension heighten

The US Dollar slides lower against the Japanese Yen after the US President Donald Trump imposed hefty tariffs worth $50 billion of Chinese Imports and Beijing threatened to retaliate.

Fri, 15 Jun 2018 20:08:51 GMT

US federal judge sends Manafort to jail

A US judge sent former Trump campaign manager Paul Manafort to jail on Friday as he awaits trial on charged amidst tampering witness.

Fri, 15 Jun 2018 19:07:14 GMT

Comcast earns unconditional EU antitrust endorsement to buy Sky

The European Union antitrust regulators have given the approval to the US cable company Comcast's to buy Sky without demanding concessions.

Fri, 15 Jun 2018 19:05:40 GMT

Swiss Foreign Minister said labour market rules remain a red line

Switzerland Foreign Minister Ignazio Cassis announced on Friday that special measures to protect Swiss wages and working environment remain a red flag as his country negotiate for a new accord with the EU.

Fri, 15 Jun 2018 18:07:07 GMT

House immigration bill in chaos after Presidents Trump opposition

Efforts by republican to debate immigration bill, set for next week, were in chaos on Friday following US President Donald Trump opposition.

Fri, 15 Jun 2018 18:05:11 GMT

Industrial and material stocks plummets amid US trade tension

Stocks in the US material and industrial companies plunged on Friday as threatening trade war between China and the United States escalates.

Fri, 15 Jun 2018 17:28:23 GMT

Canadians consumers may find it difficult to resist American goods

Canadians are offended by US President Donald Trump's attack on Prime Minister Justin Trudeau and have called on its consumers to boycott American goods.

Fri, 15 Jun 2018 17:26:37 GMT

Fed's Dudley said Trump immigration and trade policy could hurt economy

New York's Federal Reserve's President William C. Dudley said on Friday that White House immigration and trade policies could hurt the US economy as the US President Trump imposed new tariffs on China.

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