News

Note: This section contains information in English only.
Sun, 31 Mar 2019 11:12:21 GMT

China investigates tax abuse

The Chinese tax authorities announced on Sunday that the government has launched a two month investigation into the abuse of recent tax reforms.

Sun, 31 Mar 2019 11:11:55 GMT

ECB policymakers comment on policy

On Sunday, the governor of the Dutch central bank announced that he expects the EU economy to pick up in the second half of 2019. Due to that reason restricting policy might be enacted.

Sun, 31 Mar 2019 10:37:19 GMT

Trump cuts aid to Central America

The US President on Sunday announced that he is cutting all financial aid to the central american countries that are involved in the current migrant crisis.

Sun, 31 Mar 2019 10:36:54 GMT

Saudi Arabian debt increases

On Sunday, it was announced that Saudi Arabian sovereign debt is expected to increase by $31 billion during 2019.

Sun, 31 Mar 2019 07:23:58 GMT

China's banking sector continues to grow

According to data published by the China Banking and Insurance Regulatory Commission, the number of assets held by the country's financial institutions in February increased by 7.1%, reaching nearly $39.6T.

Sun, 31 Mar 2019 07:19:13 GMT

US decreases aid to Latin American countries

On Saturday, the US Government cut financial support to Honduras, Guatemala and El Salvador due to the continuation of the migrant flow to the US-Mexico border.

Sat, 30 Mar 2019 20:48:52 GMT

Albanian economy expands

The economy of Albania expanded 4% in 2018 after an increase of 3.8% in 2017, the former Minister of Finance and Economy Arben Ahmetaj says.

Sat, 30 Mar 2019 20:47:49 GMT

China approves new IPO applications

The China Securities Regulatory Commission has approved IPO applications of Shenzhen Zhilai Sci and Tech, South New Media and Shenzhen Dynanonic.

Sat, 30 Mar 2019 20:35:30 GMT

Kenya mobile sector expands

The mobile sector in Kenya expanded 6.2% in the last quarter of 2018 to 49.5M subscriptions from 46.6M subscriptions in the third quarter, an industry report shows.

Sat, 30 Mar 2019 20:34:50 GMT

Bank of China maintains stable growth

Bank of China, one of the largest lenders in China, earned $26.8B in 2018, an increase of 4.45% from the previous year, a statement released by the bank shows.

Sat, 30 Mar 2019 19:25:09 GMT

China inflation to increase

The Chinese inflation is likely to increase in March to 2.4%, compared to the same month the prior year, the Bank of Communications reports.

Sat, 30 Mar 2019 19:24:26 GMT

China Agricultural Bank promises more loans

Agricultural Bank of China, one of the largest banks in the country, plans to issue $19.6B of loans to private businesses this year, bank officials say.

Sat, 30 Mar 2019 18:41:57 GMT

Russia to simplify visa regime with Algeria

Russia plans to examine ways of simplifying the visa regime with Algeria, the Russian Foreign Minister Sergei Lavrov says during a visit to the country.

Sat, 30 Mar 2019 18:41:36 GMT

Algeria, Russia to enhance economic ties

Algeria and Russia agreed to further improve bilateral cooperation during a visit of the Russian Foreign Minister Sergei Lavrov to the North African country.

Sat, 30 Mar 2019 17:27:19 GMT

Afghan former FM calls for better Chinese-Afghan relations

China and Afghanistan should further improve bilateral relations, the former Afghan Foreign Minister Rangin Dadfar Spanta says at a meeting with the Chinese Ambassador to Afghanistan Liu Jingsong.

Sat, 30 Mar 2019 17:26:58 GMT

China, Finland promise to improve bilateral ties

The Chinese President Xi Jinping and his Finnish counterpart Sauli Niinisto agreed to improve bilateral ties during a meeting in Beijing.

Sat, 30 Mar 2019 16:13:21 GMT

Pakistan wants fintech from China

Pakistan wants more financial technology investments from China to develop financial services in the country, the Governor of the State Bank of Pakistan Tariq Bajwa says.

Sat, 30 Mar 2019 16:12:36 GMT

Nepal tourism expands

More than a million tourists have visited Nepal in 2018, an increase of 24.77% from the previous year, the Nepal Tourism Board reports.

Sat, 30 Mar 2019 11:41:43 GMT

US Senate eases nomination rules

The Republicans of the US Senate are proposing new legislation that would change the rules of nominating various officials by the President. The new law would give new powers to Donald Trump.

Sat, 30 Mar 2019 11:41:33 GMT

Trump threatens to close US-Mexico border

The President of the United States announced on Friday that he would close the border with Mexico, if Mexico does not take additional measures to reduce illegal immigration.

Sat, 30 Mar 2019 10:43:34 GMT

ECB intends to stimulate economy

On Saturday, at a conference at the Bank of France it was discussed and announced that the ECB might step in to stimulate the Eurozone's economy. Meanwhile, financial analysts noted that the central bank is once more ignoring its official mandate.

Sat, 30 Mar 2019 10:43:19 GMT

Wall Street waits for economic data

During the weekend various analytics firms announced that the next week's macroeconomic data will reveal whether an upcoming downturn is set to occur in the US economy.

Sat, 30 Mar 2019 10:38:25 GMT

Southwest takes Boeing 737 MAX off flights

Southwest airlines have decided to not use Boeing 737 MAX airplanes until the end of May. The announcement hurt the stock price of Boeing.

Sat, 30 Mar 2019 10:38:18 GMT

Lyft stock price surges after IPO

The ride hailing company Lyft had its initial public stock offering on Friday. During the trading session the stock price rose by 23 percent.

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