News

Note: This section contains information in English only.
Thu, 11 Apr 2019 20:20:34 GMT

Swisscom to expand 5G network

Swisscom, Switzerland's largest telecom company, plans to expand its 5G network to cover the whole country by the end of 2019.

Thu, 11 Apr 2019 20:20:27 GMT

S. Korea foreign direct investment tumbles

Foreign direct investment in South Korea tumbled 35.7% in the first quarter of 2019, compared to the same period in 2018, a government report shows.

Thu, 11 Apr 2019 19:22:44 GMT

S. Korea money supply declines

Money supply in South Korea reached the lowest level in eight months in February as household debts decline, the central bank reports.

Thu, 11 Apr 2019 19:22:37 GMT

China CPI rises

The Chinese consumer price index, a measure of inflation, increased 2.3% in March compared to the same period the prior year, the National Bureau of Statistics reports.

Thu, 11 Apr 2019 17:46:52 GMT

Indonesia manufacturing sector expands

The manufacturing sector in Indonesia expanded at a faster pace in the first quarter of 2019, a survey conducted by the central bank shows.

Thu, 11 Apr 2019 17:46:45 GMT

Pangang expects higher profits

Pangang Group, the largest vanadium production company in China, expects a 77% increase in profits in Q1, compared to the same period in 2018.

Thu, 11 Apr 2019 17:26:38 GMT

Daihatsu Motor to recall 1.92M vehicles

Japan's Daihatsu Motor Co. plans to recall around 1.92M vehicles in Japan due to manufacturing errors that can cause issues with the braking system.

Thu, 11 Apr 2019 17:25:32 GMT

Philippine exports rise

The Philippines exported $13.14B of goods in February, a 1.2% increase compared to the same period the prior year, the Philippine Statistics Authority reports.

Thu, 11 Apr 2019 15:54:31 GMT

AT&T denies HBO Europe sale

WarnerMedia's CEO John Stankey announced that its parent group AT&T was not exploring a sale of HBO Europe business unit, calling the false news report "inaccurate and baseless".

Thu, 11 Apr 2019 15:52:03 GMT

OSM Aviation orders 60 electric jets to cut costs

Norway's recruitment and training company OSM Aviation ordered 60 electric training aircraft from the jet maker Bye Aerospace with intention to trim flight costs.

Thu, 11 Apr 2019 15:34:42 GMT

China's Geely rolls out new EV brand

China's carmaker Geely has released its premium electric vehicle brand called "Geometry" this Thursday amid company's efforts to bolster the output of energy vehicles.

Thu, 11 Apr 2019 15:30:57 GMT

Banks set price at €9/share in Nexi IPO

The banks organising the Italian payments group Nexi's initial public offering have set the price at €9 per share, while the board meeting is set to issue their approval on the final price subject on Thursday.

Thu, 11 Apr 2019 14:30:49 GMT

Adevinta shares soar 13% amid IPO

Shares in Adevinta, the online advertising company, surged almost 13% yesterday on its Oslo market debut, a day after finalising Norway's most valuable IPO in 13 years.

Thu, 11 Apr 2019 13:58:38 GMT

Brazil's B2W, Magazine Luiza plans Netshoes takeover

Brazil's B2W and Magazine Luiza retailers confirmed they were exploring a takeover of Netshoes, the online shoe retailer, while analysts see the potential deal as an opportunity for Magazine Luiza to compete with Amazon.com.

Thu, 11 Apr 2019 13:38:58 GMT

China's ENN to drop deal for LNG unit

The Chinese firm ENN Ecological Holdings stated on Thursday it was set to scrap the deal to acquire Toshiba's US LNG business amid failure to gain the approvals from the US panel and shareholders.

Thu, 11 Apr 2019 12:30:11 GMT

Nasdaq lifts stake in Oslo Bors

Nasdaq, the US stock market operator, announced on Thursday it had raised its stake in Oslo Bors to 37%, after purchasing 844,071 shares in Norway's bourse.

Thu, 11 Apr 2019 12:26:28 GMT

Asiana Airline lenders drop restructuring plan

On Thursday, Asiana Airlines creditors have rejected a restructuring deal proposed by its owner Kumho Asiana Group, claiming the plan was not sufficient for restoring the market trust in the South Korean carrier.

Thu, 11 Apr 2019 10:52:31 GMT

Panasonic considers investment in Tesla's plant

Panasonic is considering further investments in the battery production at the gigafactory joint venture conducted with Tesla, responding to some media reports on potentially frozen investment plans.

Thu, 11 Apr 2019 09:49:21 GMT

Bayer CEO issues announcement

The Chief Executive Officer of Bayer announced on Thursday that the German pharmaceutical and crop chemical producer faces massive lawsuits over a possible carcinogenic effect caused by Bayer's Roundup weed killer.

Thu, 11 Apr 2019 09:48:48 GMT

Oil prices decline

On Thursday, crude oil prices slightly declined during the Asian and European sessions, as the price was retracing down after the previous surge, which was caused by Venezuelan output decline announcement.

Thu, 11 Apr 2019 09:41:47 GMT

Lyft shares drop on Uber IPO news

Shares of Lyft tumbled almost 11% yesterday, reaching its fresh low level, due to the news of Uber Technologies nearing to launch its initial public offering.

Thu, 11 Apr 2019 09:38:35 GMT

PG&E enters talks with BlueMountain over expansion

PG&E, California's utility owner, is considering over its board expansion, as it seeks to settle the on-going fight with its shareholder BlueMountain Capital.

Thu, 11 Apr 2019 08:35:17 GMT

Qatar-Air Italy deal faces US scrutiny

Qatar Airways' takeover of a 49% stake in the Italian carrier Air Italy is facing scrutiny from the United States, as lawmakers see no new fights added to its domestic market.

Thu, 11 Apr 2019 08:18:46 GMT

G4S surges on GWS possible bid

The Canadian firm Garda World Security stated it was exploring a cash bid for G4S, sending the security company's shares up around 20% to 215.35 pence.

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