News

Note: This section contains information in English only.
Tue, 02 Apr 2019 09:44:02 GMT

Tencent to make $5B bond sale

According to sources familiar with the matter, the Chinese giant Tencent is expected to sell this week bonds worth $5B.

Tue, 02 Apr 2019 09:40:55 GMT

Australian government presents draft budget

On Tuesday, the Australian government has submitted a draft budget, which presupposes tax cuts for the middle class as well as record spending on education and health.

Tue, 02 Apr 2019 09:08:01 GMT

Netanyahu to visit Moscow on Thursday

According to the Israeli government office, the Prime Minister of Israel Benjamin Netanyahu would fly to Russia on Thursday to meet with the Russian President Vladimir Putin on Thursday.

Tue, 02 Apr 2019 09:07:52 GMT

Australian Dollar declines on Tuesday

The Australian Dollar edged lower by 0.91% against the US Dollar on Tuesday. This decline was attributed to the remarks made by Australia's Central Bank.

Tue, 02 Apr 2019 08:31:31 GMT

Kallevig to join Norway's wealth fund

On Tuesday, the Norwegian sovereign wealth fund has appointed Karsten Kallevig as the Chief Investment Officer.

Tue, 02 Apr 2019 08:30:27 GMT

US-Japan trade talks to begin in mid-April

According to a source with knowledge of the matter, the United States and Japan are likely to begin their first part of trade negotiations in Washington in the middle of April.

Tue, 02 Apr 2019 07:15:49 GMT

Barnier predicts no-deal Brexit

The EU chief Brexit negotiator Michel Barnier stated on Tuesday that over the last couple of days Britain has become closer to no-deal exit from the bloc, though there is still a chance to avoid such outcome.

Tue, 02 Apr 2019 07:11:40 GMT

Oil price rises amid Chinese data

Crude oil prices increased by 14 cents or 0.2% on Tuesday morning, reaching $61.73 a barrel, as the China's PMI showed the largest monthly increase over the last seven years.

Tue, 02 Apr 2019 06:25:07 GMT

Thales finishes Gemalto's acquisition

The French defence electronics and aerospace group Thales announced on Tuesday that it had finished a $5.4B acquisition of the Dutch chipmaker Gemalto.

Tue, 02 Apr 2019 06:20:30 GMT

Bilibili starts bond sale

Bilibili, one of the most popular Chinese video platforms, started on Tuesday a bond sale that together with share offering is expected to bring the company up to $621M.

Tue, 02 Apr 2019 03:01:07 GMT

Japan's inflation expectations stagnate

Japan's companies' expectations for inflation in the next year stagnated, the Bank of Japan's survey revealed, underlining the daunting challenge for policymakers, who sought to boost growth and prices due to slowing global demand.

Tue, 02 Apr 2019 02:57:45 GMT

US to probe fires connected to Hyundai, Kia vehicles

The top US auto safety regulator stated that it is likely to open an investigation into 3M Kia Motor and Hyundai Motor vehicles after considering reports of over 3K fires that injured more than 100 people.

Tue, 02 Apr 2019 02:35:40 GMT

Outlook for British business darkens before Brexit

Worsening finances and fading exports spurred a darker future for the UK companies last month, affected by a slowing global economy and political chaos surrounding Brexit, a survey revealed on Tuesday.

Tue, 02 Apr 2019 02:32:30 GMT

South Korea's inflation lowest in three years

South Korea's inflation slowed to the weakest pace since mid-2016 in March over deceases in food prices and weaker growth of service costs, bolstering expectations for an easing stance.

Mon, 01 Apr 2019 20:32:52 GMT

China manufacturing rises slightly

The Chinese purchasing managers index rose to 50.5 in March, an increase from 49.2 in February, the National Bureau of Statistics reports.

Mon, 01 Apr 2019 20:32:15 GMT

S. Korea export declines

The South Korean export declined for the fourth consecutive month by 8.2% in March, compared to the same period the prior year, the Ministry of Trade, Industry and Energy reports.

Mon, 01 Apr 2019 19:22:37 GMT

Bulgaria wants more business with Lebanon

Bulgaria is interested in doing more business with Lebanon, Bulgaria's Minister of Agriculture, Food and Forests, Roumen Porozhanov says.

Mon, 01 Apr 2019 19:22:03 GMT

Saudi Aramco earns $224B

The Saudi Arabian Oil Company, a national petroleum and gas company, has earned $224B in 2018, a report published by the Fitch Ratings shows.

Mon, 01 Apr 2019 18:14:35 GMT

Greek central bank expects modest growth

The Greek central bank expects the economy to expand 1.9% in 2019, below the European Commission forecast of 2.2% growth, the Bank of Greece Governor Yannis Stournaras says.

Mon, 01 Apr 2019 18:14:08 GMT

China, New Zealand to deepen partnership

The Chinese President Xi Jinping and the New Zealand Prime Minister Jacinda Ardern have agreed to improve partnership at a meeting in Beijing on Monday.

Mon, 01 Apr 2019 17:07:21 GMT

China, France to strengthen partnership in financial sector

France and China signed a memorandum of understanding on cooperation in the financial sector, the China Securities Regulatory Commission reports.

Mon, 01 Apr 2019 17:06:23 GMT

Arab investment forum kicks off in Muscat

The Arab Investment Forum and Exhibition started on Monday at the Oman Convention and Exhibition Center in Muscat to attract new investments, the CEO Hilal bin Hamad Al Hasani says.

Mon, 01 Apr 2019 16:20:31 GMT

Israel opens embassy in Rwanda

Israel has opened its embassy in Rwanda on Monday to strengthen bilateral cooperation, the Director General of the Israeli Foreign Ministry Yuval Rotem says.

Mon, 01 Apr 2019 16:19:48 GMT

US manufacturing activity expands

The US manufacturing sector expanded at a faster pace in March at 55.3, an increase from 54.2 in February, the latest ISM Report on Business shows.

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