News

Mon, 08 May 2017 08:03:58 GMT

Akzo Nobel rejects third acquisition proposal from PPG

On Monday, the Dutch paint maker Akzo Nobel has refused a $29.51B takeover proposal for the third time from the US rival company PPG Industries, saying it is dissatisfied with the PPG's terms and conditions of the deal.

Mon, 08 May 2017 07:32:06 GMT

China's key official wants to diversify economy for Macau gambling hub

The Chinese senior officials Zhang Dejiang urged the economic diversification for the Macau gaming hub as he had an official visit on Monday with a purpose to meet lawmakers and inspect various industries.

Mon, 08 May 2017 07:20:07 GMT

Local goods hit North Korean shelves amid US sanctions

North Korea started introducing more domestically made products to its market as the US tough sanctions hit the country, closing most of the imports, including its main importer China.

Mon, 08 May 2017 06:34:24 GMT

Ex-Obama administration members to testify in Russia-Trump probe

On Monday, the ex-US Presdient Barack Obama administration members James Clapper and Sally Yates will testify in the investigation over Russia's possible hacking in the 2016 US election.

Mon, 08 May 2017 06:20:06 GMT

Sinclair Broadcast to acquire Tribune Media for about $4B

Sinclair Broadcast company is eager to sign a deal to buy Tribune Media for about $4B after winning the auction for the large US TV station operators.

Mon, 08 May 2017 05:06:16 GMT

Comcast set to announce wireless partnership with Charter Communications

Comcast is set to announce a wireless cooperation with Charter Communications on Monday, as the two cable providers seek to enter the US mobile service market.

Mon, 08 May 2017 05:05:51 GMT

NAB business confidence improves markedly in April

The National Australia Bank's Business Confidence Index jumped markedly in April, hitting its six-year high as the country's economy continues to gain momentum.

Mon, 08 May 2017 04:15:49 GMT

Australian building approvals down 13.4% in March

Data released by the Australian Bureau of Statistics showed building permits in Australia dropped 13.4% over the month of March, while economists eyed a 3.9% fall.

Mon, 08 May 2017 04:14:41 GMT

Chinese trade surplus widens to $38.05B in April

According to the official data released on Monday, Chinese trade surplus widened to $38.05B, as exports jumped 8.0% year-on-year in dollar terms in April.

Mon, 08 May 2017 03:18:37 GMT

Trump reproaches Rexnord for moving plenty of jobs to Mexico

Donald Trump criticised industrial supplier Rexnord's deal to move its plant to Mexico as the President aims to stop moving jobs to countries, which have lower costs of labour.

Mon, 08 May 2017 03:07:56 GMT

Philippines and China to eliminate illegal gambling

The Philippines and China joined forces to fight illicit gambling within Beijing's campaign to restrain illegal capital outflows and get rid of unfair gambling operators.

Mon, 08 May 2017 02:24:12 GMT

Reserve Bank of Australia to put aside next rate cut

An increase in consumer inflation lowered expectations for the RBA to make another rate cut until 2018, but global retailers' competition is still set to hold prices subdued.

Mon, 08 May 2017 02:13:44 GMT

Investors urge Donald Trump to stay within Paris climate agreement

Investors, which have $15T worth assets under control, urged the US led governments to implement the Paris climate agreement despite Trump's threats to quit the deal.

Sun, 07 May 2017 19:55:25 GMT

Macron claims election victory, projections show

Early projections revealed Emmanuel Macron has been elected the President of France, defeating his far-right rival Marine Le Pen by an emphatic margin.

Sun, 07 May 2017 19:54:52 GMT

Head of IS in Afghanistan dies in US drone strike

The Afghan President Ashraf Ghani reported Abdul Hasib, the head of the IS in Afghanistan, had been killed in a US drone strike in Nanharhar province.

Sun, 07 May 2017 19:04:06 GMT

Egypt passes postponed investment law

The Egyptian parliament has passed a postponed investment bill aimed at boosting business and creating more incentives for investors seeking to put their money in the country.

Sun, 07 May 2017 19:02:57 GMT

Merkel's party wins Schleswig-Holstein vote

In the Schleswig-Holstein vote on Sunday, Merkel's Christian Democrats managed to defeat their Social Democrat opponents, winning 33% of the vote.

Sun, 07 May 2017 18:05:53 GMT

Iraqi forces face savage resistance from ISIS in Mosul

In an attempt to rout ISIS militants from the city of Mosul, the Iraqi Armed Forces faced savage resistance from the group on Sunday.

Sun, 07 May 2017 18:05:22 GMT

Another American detained in North Korea

According to the KCNA, another American citizen has been detained in North Korea on Sunday for alleged "hostile acts" against the country.

Sun, 07 May 2017 17:04:48 GMT

Brazil's Finance Minister wants veto to revised tax plan

In an interview posted on Sunday, the Finance Minister of Brazil Henrique Meirelles said he eyed a presidential veto to a newly introduced tax relief plan.

Sun, 07 May 2017 17:03:01 GMT

Top Communist Party member dismissed in Vietnam

On Sunday, the ruling Communist Party of Vietnam voted for a removal of Dinh La Thang, one of the high-profile politburo's officials, on charges of misconduct.

Sun, 07 May 2017 16:16:07 GMT

About 26% of French voters to skip taking part in election

As many as 26% of eligible voters France are likely to skip participating in runoff presidential election. France's Interior Ministry said the voter turnout was 65.30%, down from 71.96% in 2012. 

Sun, 07 May 2017 16:11:07 GMT

Obama to receive Kennedy Foundation "Profile in Courage Award"

The former US President Barack Obama will receive the John F. Kennedy Foundation's annual "Profile in Courage Award", honouring his accomplishments during his two terms in the face of tough political opposition. 

Sun, 07 May 2017 15:21:06 GMT

Britain's Labour Party promises no tax hikes for middle-income earners

Britain's Labour Party said middle and low-income earners would not face tax increases to fund its spending plans if it wins June election, with the burden falling on the top 5% earners and big businesses.

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