News

Note: This section contains information in English only.
Fri, 23 Feb 2018 11:18:50 GMT

JD.com, Tencent to buy stakes in China's retail chain

JD.com and Tencent Holdings are set to pay $117M and $140M respectively for the Chinese retail chain's minority stakes amid companies' intention to extend in the retail space.

Fri, 23 Feb 2018 11:11:25 GMT

GoDaddy revenue beats forecasts, shares rise

On Thursday, GoDaddy's Q1 revenue beat Wall Street's expectations, reporting it surged 6.9% to $139, while the company's shares jumped 4.5% to $57.95 in an extended trading.

Fri, 23 Feb 2018 10:35:08 GMT

HP shares jump 5.3% on strong Q1 results

Shares of HP Inc surged 5.3% to $22.53 on Wednesday after the company announced its Q1 profit and revenue results beat the estimates.

Fri, 23 Feb 2018 10:31:12 GMT

EU seeks to double funding for Sahel military operation

The European Union is eager to double the funding to €100M for the multi-national military force in the West African region of Sahel to counter Islamist militants.

Fri, 23 Feb 2018 09:34:26 GMT

South Korea sees lift to Q1 GDP y/y driven by Olympics

South Korea was expecting the country's Q1 economic growth rate to get boosted this year amid the Winter Olympics, the Presidential Blue House stated.

Fri, 23 Feb 2018 09:27:32 GMT

Britain to align car regulations with EU after Brexit

Britain is set to align its auto regulations with the EU regulations in the automotive sector and other areas, after its withdrawal from the bloc next year.

Fri, 23 Feb 2018 08:34:22 GMT

Nissan to launch Easy Ride public tests next month

Nissan in partnership with Japan's mobile gaming platform DeNA is set to launch public tests of its autonomous ride-hailing Easy Ride service in Yokohoma, starting the next month.

Fri, 23 Feb 2018 08:30:22 GMT

Sharp sues China's Hisence over TV sales in North America

Japan's electronics maker Sharp has filed a legal lawsuit against China's Hisence, seeking to block the group from selling the TV set under Sharp's brand in North America.

Fri, 23 Feb 2018 07:14:18 GMT

Indonesian President to reveal central bank governor nominee

Indonesia's leader Joko Widodo was seen to announce his choice for the central bank governor to the Parliament by next week, sources familiar with the issue reported.

Fri, 23 Feb 2018 07:10:10 GMT

India's ICAI launches inquiry into PNB fraud case

India's Institute of Chartered Accountants are investigating the auditors' role into the alleged Punjab National Bank's $1.77B fraud case.

Fri, 23 Feb 2018 06:20:26 GMT

Australian Deputy PM resigns

The Australian Deputy Prime Minister Barnaby Joyce announced on Friday that he would resign from his post on the back of pressure from the party members over his affair with a staffer.

Fri, 23 Feb 2018 06:19:32 GMT

US to impose more sanctions on North Korea

On Friday, the Trump Administration is set to impose yet the largest package of sanctions against North Korea to put additional pressure on Pyongyang.

Fri, 23 Feb 2018 05:24:03 GMT

UN Security Council to decide on Syria truce

The UN Security Council will gather later today to vote on a resolution demanding a month-long truce in Syria to secure medical evacuations and aid deliveries.

Fri, 23 Feb 2018 05:23:21 GMT

China's trade with North Korea lowest since mid-2014

Data released by the Chinese General Administration of Customs revealed that the country's January trade with its biggest partner North Korea dropped to the lowest level since mid-2014.

Fri, 23 Feb 2018 04:26:14 GMT

GM to freeze wages, no bonuses for South Korea's workers this year

General Motors is likely to propose a wage freeze, no bonuses and some worker benefits' suspension in 2018, aiming to cut costs at the company's money-losing unit in South Korea.

Fri, 23 Feb 2018 04:25:34 GMT

Lockheed, Boeing show interest in launching rockets from Brazil's base

Brazilian Defence Minister stated that Lockheed Martin, Boeing, SpaceX and other aerospace firms from the US were interested in launching their rockets from Alcantara military base.

Fri, 23 Feb 2018 02:51:44 GMT

Japanese core consumer prices rise 0.9% in February

Japan's Statistics Bureau reported that its National Core CPI came in at 0.9% in February, compared to the preceding month's rise of 0.9%, whereas analysts anticipated an increase of 0.8%.

Fri, 23 Feb 2018 02:50:48 GMT

New Zealand retails sales rise sharply in Q4 2017

Statistics New Zealand reported that retail sales rose 1.8% in the last quarter of 2017, after climbing 0.3% in the prior quarter and surpassing analysts' expectations for a 1.4% increase.

Thu, 22 Feb 2018 20:58:36 GMT

Hassett says recent market volatility is not unusual

The White House Council of Economic Advisers Head Kevin Hassett softened concerns over the recent stock market volatility, saying that it was not unsual.

Thu, 22 Feb 2018 20:57:29 GMT

White House and House of Representatives remove EAC Head

On Thursday, the Head of the Election Assistance Commission, who helped to protect the US 2016 General Election from hacking, was removed by the House of Representatives and the White House.

Thu, 22 Feb 2018 20:05:34 GMT

Snap CEO Evan Spiegel earns $638M in 2017

Official data released on Thursday showed that the Snap CEO Evan Spiegel earned nearly $638M last year, following the company's IPO and becoming the third-highest paid executive in the US.

Thu, 22 Feb 2018 20:04:30 GMT

President of Tezos Foundation Johann Gevers steps down

Two members of the Switzerland-based Tezos Foundation, including its founder and president Johann Gevers, stepped down on Thursday.

Thu, 22 Feb 2018 18:51:43 GMT

Mexico's Televisa to create original content for Amazon

On Thursday, Televisa, Mexico's multimedia mass media company, reported that it would partner with Amazon to distribute its original content through its streaming platform.

Thu, 22 Feb 2018 18:50:39 GMT

BMW to pay $2.2M to US military personnel

BMW has agreed to pay more than $2.2M to settle charges that it refused to refund lease payments to 492 military service members who terminated their vehicle leases because they were called to duty.

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