News

Note: This section contains information in English only.
Tue, 02 Jan 2018 07:14:09 GMT

Kia, Hyundai global sales at 7.25M in 2017, below target

Kia Motors and Hyundai Motor reported that they sold 7.25M cars over the course of 2017, far below their estimate of 8.25M vehicles for the period.

Tue, 02 Jan 2018 06:18:12 GMT

Indonesia's foreign tourist arrivals dip 0.81% in November

Indonesia's foreign tourist arrivals stood at 848K in last year's November, falling 0.81% on the year, due to the Bali's Mount Agung volcano high alert status and its eruption later in the month.

Tue, 02 Jan 2018 06:17:47 GMT

India factories shows fastest growth pace in five years in December

India's manufacturing activity revealed the strongest growth in five years over the month of December, fuelled by a rise in new orders and output.

Tue, 02 Jan 2018 05:11:25 GMT

Medical device tax goes back in effect in US

In the US, the medical device tax of 2.3% on medical devices' sale went back in effect after a two-year pause, despite opposition by the medical manufacturing industry and lawmakers.

Tue, 02 Jan 2018 05:10:57 GMT

Singapore's growth in Q4 raises bets on monetary tightening

Singapore's economic expansion weakened in in the Q4 amid factories losing stream, while the services sector recovered, bolstering projections for monetary tightening in April.

Tue, 02 Jan 2018 04:32:18 GMT

China plans $113B rail investment in 2018

Chinese national railway operator stated that the country is set to invest $113B in rail assets next year, the lowest goal since 2013.

Tue, 02 Jan 2018 04:28:24 GMT

Indonesia sets 2018 investment growth target at 10-14%

Thomas Lembong, Indonesia's investment board chief, stated that the country targeted 2018 investment growth to strengthen 10-14%.

Tue, 02 Jan 2018 03:03:20 GMT

Hyundai, Kia flag modest rise of sales in 2018

South Korean auto manufacturers Kia Motors and Hyundai Motor set a 7.55M total sales goal for 2018, a likely modest enhancement on the prior year.

Tue, 02 Jan 2018 03:02:34 GMT

China's factory growth at four-month high in December

Chinese manufacturing sector's growth reached a four-month high in the month of December, as factories increased production to meet a rise in new orders.

Mon, 01 Jan 2018 21:04:09 GMT

Republicans vote for national debt expansion, 2018 budget restraint

The head of the conservative Republican faction in the US Congress has urged the budget restraint in 2018, after voting for the major expansion of the national debt to pay for tax cuts.

Mon, 01 Jan 2018 21:03:24 GMT

Croatia to post first general budget surplus for last year

According to Croatian Finance Minister Maric, the country will likely post the first general budget surplus in 2017, while the government had predicted a deficit of 0.6% of GDP.

Mon, 01 Jan 2018 20:03:43 GMT

Aviation Safety Group, To70 call 2017 "safest year"

Airlines have recorded zero accident deaths in the commercial passenger jets in 2017, making it the safest year, the Aviation Safety Network and Dutch consulting company To70 said.

Mon, 01 Jan 2018 20:02:16 GMT

Huge blaze destroys up to 1,400 vehicles in Liverpool car park

According to the emergency service, approximately 1,400 vehicles were damaged by fire in the multi-story blaze in a car park on the Liverpool's waterfront.

Mon, 01 Jan 2018 19:06:28 GMT

Syrian President appoints three new ministers

According to the state television, Syria's President al-Assad has issued a decree, where he named new Information, Defence and Industry Ministers.

Mon, 01 Jan 2018 19:05:37 GMT

All US states to use new public network: AT&T

All the US states have agreed to participate in the nationwide network the company is building for the first responders, as a part of the $6.5B worth government contract, AT&T said.

Mon, 01 Jan 2018 18:22:51 GMT

Russian bank to finance development projects in Iran

Iran is set to use funds from Russia's Eximbank to implement infrastructure projects, as a part of an agreement to pave the way for Russian banks to finance projects in the country.

Mon, 01 Jan 2018 18:22:13 GMT

Strom Carmen cuts power in western France

Power grid firm Enedis stated that winter storm Carmen cut power to nearly 65K houses in the west of France, continuing to move south, while 1,5K of staff were mobilised to restore power lines.

Mon, 01 Jan 2018 17:20:43 GMT

South Korea's export hit yearly high in 2017

South Korean export reached its historical high of $573.9B over the course of 2017, owing to solid demand for the main export items, a government data showed.

Mon, 01 Jan 2018 17:19:27 GMT

Saudis raise power, gasoline tariffs, impose new tax

Saudi Arabia raised electricity tariff, gasoline prices and activated the VAT, as a part of a revamp of the country's economy structure to become less dependent on its oil revenues.

Mon, 01 Jan 2018 16:29:47 GMT

US Pence trip to Israel delayed again

The Foreign Ministry of Israel stated that an anticipated visit by Mike Pence, the US Vice President, was postponed again, with the official reason of the tax vote.

Mon, 01 Jan 2018 16:29:10 GMT

Venezuela increases minimum wage 40%

Nicolas Maduro, the President of Venezuela, announced a 40% raise to the minimum wage, which would foment hyperinflation in the rich of oil, but crisis-stricken country.

Mon, 01 Jan 2018 15:07:29 GMT

Israel's minister supports Iranian protestors

The Israeli Intelligence Minister expressed encouragement for Iranian anti-government protesters, adding that Israel's policy was not supposed to get involved in the internal affairs of Tehran.

Mon, 01 Jan 2018 15:06:41 GMT

Merkel's allies seek to cut corporate tax

German Bavarian conservatives were pressing for the corporate tax cuts after reunification to assist poorer Eastern states that could complicate talks on forming the new government.

Mon, 01 Jan 2018 14:24:50 GMT

Gambling revenues in Macau jump first time since 2014

Gambling revenues in Macau rose for the first time since 2014, as the high-end appetite for gambling of punters recovered after the protracted government campaign against shows of wealth.

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