News

Note: This section contains information in English only.
Sun, 11 Aug 2019 15:06:41 GMT

China gives green light to two IPOs

The China Securities Regulatory Commission on Sunday has given approval to Chengdu Tangyuan Electric and Nanhua Futures for the initial public offering (IPO).

Sun, 11 Aug 2019 14:32:27 GMT

China to allow foreign investments into HK stocks

On Sunday, Chinese authorities have allowed private equity products funded by foreign entities to invest in the stock market of Hong Kong.

Sun, 11 Aug 2019 13:00:28 GMT

Ford to expand R&D activity in China

According to Chinese officials, Ford Motors would build an R&D centre and operations centre in the city of Nanjing, eastern China.

Sun, 11 Aug 2019 12:07:11 GMT

RMB gold futures experience rapid growth

According to statistics, last week the RMB gold futures showed the highest price growth in eight years, closing on Friday at ¥345.9 a gram.

Sun, 11 Aug 2019 11:12:04 GMT

Number of US drilling rigs continues to decrease

According to the data published by Baker Hughes, the number of used drilling rigs in the US has decreased by eight last week, reaching 934 in total.

Sun, 11 Aug 2019 10:27:08 GMT

UK Johnson to meet Ireland's Varadkar

According to the Sunday Telegraph, the British Prime Minister Boris Johnson will meet the leader of Irish Fine Gael Leo Varadkar to discuss Brexit and the situation in North Ireland.

Sun, 11 Aug 2019 09:13:56 GMT

Argentina holds presidential elections

On Sunday, tens of thousands of Argentinians went to polling stations to elect a new president, which most likely would be either Mauricio Macri or his opponent Alberto Fernandez.

Sun, 11 Aug 2019 08:13:01 GMT

US trade frictions negatively affect Yuan

The Director-General of the People's Bank of China's International Department Zhu Ju stated on Sunday that the increased volatility of the country's national currency represented market reaction to the escalating US trade frictions.

Sun, 11 Aug 2019 07:19:30 GMT

SDIC receives approval from government regulator for London IPO

SDIC Power Holdings, the Chinese state-backed energy company, has received approval from government regulator to issue 10% of the company's share on the London Stock Exchange.

Sun, 11 Aug 2019 04:58:51 GMT

Beijing asks UK to stay out of China's internal affairs

On Saturday, Beijing urged the UK to back off from China's internal affairs after Dominic Raab, the British Foreign Secretary, asked for an independent probe into the recent protests in Hong Kong.

Sun, 11 Aug 2019 03:52:10 GMT

Salvini says Italy not thinking of leaving euro bloc

Matteo Salvini, the leader of Italy's League Party, said on Saturday that leaving the Eurozone single currency bloc was not an option on the table.

Sun, 11 Aug 2019 02:54:56 GMT

Kim ready to restart talks when US-Seoul military drills end

On Saturday, the US President Donald Trump said that the North Korean leader Kim Jong Un was ready to restart talks on missile and nuclear programs as soon as the US-South Korea joint drills end.

Sun, 11 Aug 2019 02:05:45 GMT

Juncker says no-deal Brexit will hurt UK more than EU

Jean-Claude Juncker, the outgoing President of the European Commission, said that a no Brexit deal would hurt the United Kingdom more than the European Union.

Sat, 10 Aug 2019 20:01:27 GMT

Lebanon's Riad gets A from Global Finance

Lebanon's Central Bank Governor Riad Salameh is one the world's best central bank governors for a fourth consecutive time, the US based Global Finance magazine reports.

Sat, 10 Aug 2019 19:23:00 GMT

World Bank holds $11B portfolio in Nigeria

The World Bank holds one of the largest portfolios in Nigeria among other countries in the African region with a total value of $11B, a senior bank official says.

Sat, 10 Aug 2019 18:52:01 GMT

Beijing taxpayers save money

Beijing taxpayers saved more than $14.18B in the first six months of the current year after China introduced fee reductions and tax cuts, local authorities report.

Sat, 10 Aug 2019 18:06:09 GMT

China producer prices decline

The Chinese producer prices declined 0.3% in July, compared to the same period in 2018, data published by the National Bureau of Statistics shows.

Sat, 10 Aug 2019 17:42:31 GMT

Japan economy expands

The Japanese economy expanded at an annualised rate of 1.8% in the second quarter of 2019 and 0.4% from a previous quarter, data published by the Cabinet Office show.

Sat, 10 Aug 2019 17:00:56 GMT

China inflation up

Prices in China increased 2.8% in July, compared to the same period the prior year, data released by the National Bureau of Statistics shows.

Sat, 10 Aug 2019 15:01:19 GMT

Fitch: S. Korea sovereign rating AA-

The global credit rating agency Fitch has maintained South Korea's sovereign credit rating at AA- with a stable outlook, the credit rating company reports.

Sat, 10 Aug 2019 12:57:06 GMT

Spain housing market stagnates

The Spanish housing market stagnated in the first half of 2019 with 263T purchases, unchanged from a prior year, data released by the Spanish Statistical Office show.

Sat, 10 Aug 2019 12:02:26 GMT

Cambodia, Sri Lanka boost bilateral ties

The Cambodian Prime Minister Samdech Techo Hun Sen and the Sri Lankan President Maithripala Sirisena signed agreements to boost trade and relations between the countries.

Sat, 10 Aug 2019 11:02:07 GMT

Hungary prices rise

Consumer prices in Hungary increased 3.3% in July 2019, compared to the same period the previous year, data released by the Hungarian central statistical office KSH show.

Sat, 10 Aug 2019 10:03:25 GMT

German exports decline

Germany exported €106.1B of goods in June 2019, a decrease of 8% compared to the same period a year ago, the Federal Statistical Office Destatis reports.

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