News

Sun, 17 Nov 2019 16:56:36 GMT

China power generation slows

The Chinese power generation increased 4% to 571.4B kWh in October, a decline from 4.7% growth in September, the National Bureau of Statistics reports.

Sun, 17 Nov 2019 16:01:38 GMT

China container export drops

The China Containerized Freight Index declined 4.6% in October, compared to the prior month, a report published by the Shanghai Shipping Exchange shows.

Sun, 17 Nov 2019 15:00:55 GMT

China paper industry expands

The Chinese paper-making industry expanded 2.5% in the first three quarters of the current year, compared to the same period the prior year, official data show.

Sun, 17 Nov 2019 14:28:09 GMT

China issues $443B of debt

The Chinese central bank and local municipalities have issued around $443B of debt in October, a report published by the central bank shows.

Sun, 17 Nov 2019 12:51:02 GMT

China transportation sector expands

The Chinese transportation sector expanded 4% in October, compared to the same period the previous year, the China Academy of Transportation Sciences reports.

Sun, 17 Nov 2019 12:03:52 GMT

China natural gas output declines

Natural gas output in China showed a slower growth pace in October, compared to the prior month, data published by the National Bureau of Statistics (NBS) show.

Sun, 17 Nov 2019 10:57:30 GMT

China approves projects worth $6.3B

China's top economic decision maker has approved eight fixed-asset investment projects with a total value of around $6.3B in October, a report published by the National Development and Reform Commission shows.

Sun, 17 Nov 2019 09:44:16 GMT

China's battery makers reveal soaring profits

Profits of China's main battery firms jumped 49.4% year-on-year to about $3.5B over the nine-month period, official data revealed.

Sun, 17 Nov 2019 09:23:01 GMT

Saudi Aramco gets new evaluation

On Sunday, Reuters revealed that the latest evaluations of Saudi Aramco have set the company's value at $1.7 trillion.

Sun, 17 Nov 2019 08:22:28 GMT

Saudi Aramco not marketing IPO in US

On Sunday, Reuters revealed that Saudi Aramco would not market its IPO in the United States.

Sun, 17 Nov 2019 07:39:34 GMT

Microsoft probe to its funded Israeli start-up

Microsoft is set to investigate whether the facial recognition technology's use developed by an Israeli start-up it funded complied with the company's ethics principles.

Sun, 17 Nov 2019 06:48:57 GMT

US to extend license for Huawei to continue business

The Trump administration is set extend a license allowing the US companies to proceed doing business with China's Huawei for two weeks.

Sun, 17 Nov 2019 03:43:17 GMT

Foton set to sell 200K new energy commercial cars

Daimler's Beigi Foton Motor, the truck venture partner in China, aimed to sell 200K new energy commercial cars a year by 2025.

Sun, 17 Nov 2019 03:34:16 GMT

Poland's GDP growth slows in Q3

Poland's GDP rose 3.9% on a yearly basis in the Q3, after 4.6% increase in the prior quarter, missing estimates, as weaker expansion in industry and construction offset consumer demand.

Sat, 16 Nov 2019 21:01:07 GMT

Rwanda GDP to expand 8.5% in 2019

Rwanda's GDP is expected to expand by 8.5% in 2019 and 8.1% the next year, the governor of the National Bank of Rwanda John Rwangombwa says.

Sat, 16 Nov 2019 20:13:40 GMT

China private equity funds manage $1.96T

China's private equity funds managed around $1.96T of assets at the end of October, an increase of 2.23% from the prior month, the Asset Management Association of China reports.

Sat, 16 Nov 2019 19:00:38 GMT

China, Oman agree to improve ties

The chairman of the National Committee of the Chinese People's Political Consultative Conference Wang Yang and the Chairman of the Omani State Council Yahya bin Mahfoudh al-Mantheri have agreed to improve ties between the two nations.

Sat, 16 Nov 2019 18:07:41 GMT

Share of international assets in Macao banking sector declines

The share of international assets in total banking assets of Macao declined to 85.4% in the third quarter of the current year, the Monetary Authority of Macao reports.

Sat, 16 Nov 2019 17:14:40 GMT

China has around 7000 ongoing PPP projects

China has around 7000 ongoing public-private projects with a total value of about $1.28T, a report published by the National Development and Reform Commission shows.

Sat, 16 Nov 2019 16:23:30 GMT

Merkel offers electric buses to Delhi

The German Chancellor Angela Merkel offered German made electric buses to Delhi to replace existing diesel buses to combat severe air pollution in the capital of India.

Sat, 16 Nov 2019 10:45:19 GMT

Volkswagen invests in new cars

On Friday, Volkswagen stated that by 2024 it would invest 60 billion euros in the development of electric and hybrid cars.

Sat, 16 Nov 2019 09:42:08 GMT

US companies praise consumers

During this week, various companies stated in their earnings reports that US consumer demand has been strong during the last quarter.

Sat, 16 Nov 2019 08:58:00 GMT

EU files complaint against Colombia

The European Union on Friday filed a World Trade Organization complaint against Columbia over import duties set on frozen potato fries.

Sat, 16 Nov 2019 06:52:50 GMT

ECB's Visko warns Europe

On Friday, Member of ECB's Governing Council Ignazio Visco stated that attempts to reform the European Stability Mechanism could do more harm than good.

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