News

Wed, 26 Dec 2018 05:50:11 GMT

Ant Financial plans acquiring Britain's WorldFirst

The finch affiliate of China's e-commerce giant Alibaba, Ant Financial, is in the advance talks to acquire the UK currency exchange company WorldFirst in a potential deal that could be valued at $632.5M, according to Sky News.

Wed, 26 Dec 2018 05:32:26 GMT

Euronext focuses on Oslo SE with $711M bid

Euronext NV, the pan-European exchanges group, is moving on the Oslo Stock Exchange with a $711M proposal, after receiving its shareholders' approval.

Wed, 26 Dec 2018 05:27:10 GMT

US Castlelake to acquire 25 aircraft from AirAsia

The US private investment fund Castlelake is set to acquire 25 planes from Malaysia's budget airline AirAsia Group in a deal worth $768M, the company reported.

Wed, 26 Dec 2018 03:38:43 GMT

Japan to withdrawal from IWC next year

Japan is expected to withdraw from the IWC in a bid to continue commercial whaling in the next year's July, the Japanese government stated on Wednesday.

Wed, 26 Dec 2018 03:36:16 GMT

BoJ divided about easy policy's side effects

Policymakers of the Bank of Japan disagreed on the allowing bond yields to move more flexibly over the Bank's 0% target's feasibility, reflecting division on how to address increasing dangers of prolonged easy policy.

Tue, 25 Dec 2018 21:33:28 GMT

Chinese banking institutions see rise in liabilities, assets

Banking institutions in China saw a 6.3% rise in total liabilities and assets to $27.71 trillion, according to the report by the CBIRC.

Tue, 25 Dec 2018 21:30:20 GMT

Japan to accept workers from abroad under new visas

The government of Japan approved the policy package in order to prepare for foreign workers' acceptance under the new visa system next year.

Tue, 25 Dec 2018 20:28:07 GMT

Turkey increases minimum wage nearly 26%

Turkey is likely to increase the minimum wage by 26% in the year of 2019, for a $381 monthly minimum wage, the Labour Minister stated.

Tue, 25 Dec 2018 20:25:45 GMT

Migrant population in China totals 244.5M last year

China's migrants reached 244.5M in the year of in 2017, 820K less than in the prior year, according to an official report.

Tue, 25 Dec 2018 19:03:21 GMT

Chinese lottery sales grow 10.8% in November

Lottery sales in China grew 10.8% year-over-year to about $6.2B in the month of November, official data revealed on Tuesday.

Tue, 25 Dec 2018 19:00:51 GMT

Copyright industries add nearly $881.8B to China's economy

Copyright industries contributed more than $881.8B in value to China's economy in 2017, accounting for 7.35% of the GDP, according to the report.

Tue, 25 Dec 2018 18:26:21 GMT

BT: Huawei remains important network equipment supplier

Huawei is an important network equipment supplier for Britain's telecom service provider BT, a spoke person of the British company says.

Tue, 25 Dec 2018 18:25:24 GMT

Pakistani FM meets Chinese State Councilor

The Pakistani Foreign Minister Shah Mahmood Qureshi met with the Chinese State Councilor and Foreign Minister Wang Yi to discuss bilateral ties.

Tue, 25 Dec 2018 16:49:37 GMT

Pakistan condemns attack in Kabul

Pakistan strongly condemns the terrorist suicide attack and shooting in Afghanistan's capital Kabul that resulted in over 40 deaths.

Tue, 25 Dec 2018 16:48:56 GMT

Huawei ships 200M smartphones in 2018

The company has shipped more than 200M smartphones in 2018, a new record high, the Chinese technology firm Huawei reports.

Tue, 25 Dec 2018 14:48:28 GMT

China to put new high-speed trains into operation

China will unveil new high-speed trains with a designed speed of 250 km per hour at an exhibition held in Beijing, the China Railway Corporation reports.

Tue, 25 Dec 2018 14:46:25 GMT

S. Africa to prioritize Africa in its foreign policy

Africa as a whole remains a foreign policy priority for South Africa in 2019, the Minister of International Relations and Cooperation Lindiwe Sisulu says.

Tue, 25 Dec 2018 14:18:49 GMT

China to fulfil duties to UN

China will continue to fulfil its financial duties to the United Nations as a developing country, a foreign ministry spokesperson says.

Tue, 25 Dec 2018 14:16:46 GMT

Israel to hold elections in April

Israel's ruling coalition announced a decision to dissolve the Knesset and hold early elections in April amidst crisis over conscription of ultra-Orthodox Jews.

Tue, 25 Dec 2018 13:24:01 GMT

Macron calls for law and order

In light of nationwide protests, which included multiple attacks on police officers, the President of France Emmanuel Macron called all citizens to observe law and order.

Tue, 25 Dec 2018 13:21:09 GMT

Saudi to help rebuild Syria

The US President Donald Trump stated on Monday that Saudi Arabia agreed to take America's place in restructuring post-war Syria.

Tue, 25 Dec 2018 12:20:27 GMT

Japan ready to restrain Yen's volatility

The Vice Finance Minister for International Affairs Masatsugu Asakawa stated on Tuesday that the Japanese government would closely watch surging volatility and be prepared to curb it at any time.

Tue, 25 Dec 2018 12:15:54 GMT

Intel to get $185M grant from Israel

The Finance Committee of Israeli Parliament on Monday approved provision of $185M grant to Intel Corp in exchange for $5B expansion of the company's operations in the country.

Tue, 25 Dec 2018 11:24:25 GMT

Kremlin says no plans to meet with Erdogan

The Kremlin Spokesman Dmitry Peskov stated on Tuesday that the country's President did not have any instant plans to meet and talk with his Turkish colleague Tayyip Erdogan.

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