News

Sun, 03 Nov 2019 15:03:53 GMT

Greece, China in new era of partnership

Greece and China cultural and economic relations are stronger than ever, the Greek Prime Minister Kyriakos Mitsotakis says in an interview to the Chinese state run Xinhua News Agency.

Sun, 03 Nov 2019 14:20:37 GMT

China constructs first power plant in Europe

The Stanari Thermal Power Plant in northern Bosnia and Herzegovina is the first power plant in Europe built by a Chinese company, a statement released by the China Dongfang Electric Corporation shows.

Sun, 03 Nov 2019 13:06:07 GMT

China invests $10B in B&R countries

China has invested $10.04B in countries participating in the Belt and Road initiative over the period of the first three quarters of 2019, a decline of 6.9% compared to the prior year, the Ministry of Commerce reports.

Sun, 03 Nov 2019 12:00:11 GMT

China approves new IPOs

The China Securities Regulatory Commission has approved IPOs of Guangzhou Tongda Auto, Zhengzhou Tiamaes Technology, Jiangsu Sidike New Materials Science and Guangdong Brandmax Marketing.

Sun, 03 Nov 2019 10:57:17 GMT

Johnson denies no-deal solution

The British Prime Minister Boris Johnson repeated on Sunday that a no-deal exit from the European Union was a solution not in the country's interests.

Sun, 03 Nov 2019 09:34:48 GMT

Aramco's CEO pledges to stick to current goals after listing

The Saudi Aramco Chief Executive Officer Yasser al-Rumayyan stated on Sunday that the company would not abandon its current goal to meet oil supply demand after IPO.

Sun, 03 Nov 2019 08:36:13 GMT

Saudi announce Aramco's IPO

On Sunday, one of the largest oil companies in the world, Saudi Aramco, has begun sale of its shares on the local stock exchange.

Sun, 03 Nov 2019 05:49:58 GMT

Berkshire's operating profit beats forecast

On Saturday, Berkshire Hathaway said that third-quarter operating income rose by 14%, beating what analysts expected.

Sun, 03 Nov 2019 04:50:16 GMT

Johnson backs his withdrawal deal over no-deal Brexit

According to the Times newspaper report on Saturday, the Prime Minister of the United Kingdom Boris Johnson has abandoned the threat of a no-deal Brexit.

Sun, 03 Nov 2019 03:55:13 GMT

Peugeot and Fiat Chrysler expect to sign merger deal soon

According to a source with knowledge of the matter, Peugeot owner PSA and Fiat Chrysler are expected to sign a binding merger agreement as soon as early December.

Sat, 02 Nov 2019 21:03:05 GMT

Myanmar foreign trade hits $2.3B in October

Trade between Myanmar and other countries reached $2.3B in the first month of the current fiscal year, figures released by the Commerce Ministry show.

Sat, 02 Nov 2019 19:57:11 GMT

Nepal to construct $453M hydroelectric plant

Nepal plans to construct a $453M hydroelectric power plant on the Trishuli River in Rasua district, the Minister of Energy Barshaman Pun and the Finance Minister Yubaraj Khatiwada say.

Sat, 02 Nov 2019 19:07:04 GMT

China-Uzbekistan trade expands

China-Uzbekistan bilateral trade reached $5.3B in the first nine months of 2019, an increase of 18.2% from the previous year, Chinese Customs data show.

Sat, 02 Nov 2019 18:00:18 GMT

China gold consumption declines

China's gold consumption declined to 768.31T in the first three quarters of the current year, a decline of 9.58% compared to the prior year, the China Gold Association reports.

Sat, 02 Nov 2019 16:02:32 GMT

Malaysian PM wants more integration among ASEAN

The Association of Southeast Asian Nations must head towards a more integrated market to achieve greater economic growth, the Malaysian Prime Minister Mahathir Mohamad says.

Sat, 02 Nov 2019 15:00:22 GMT

Iran slams new US sanctions

New US sanctions against Iran's construction sector show Washington's "weakness and failure", the Foreign Ministry spokesman Abbas Mousavi says.

Sat, 02 Nov 2019 13:54:03 GMT

Moody's downgrades S. Africa

International credit rating agency Moody's downgraded South Africa's rating to negative from stable, a statement published by the agency shows.

Sat, 02 Nov 2019 13:00:46 GMT

Morocco expects 3.7% growth in 2020

The Moroccan government forecasts an economic growth of 3.7% in 2020, an increase from a 2.9% growth forecast for 2019, the Minister of Finance Mohamed Benchaaboun says.

Sat, 02 Nov 2019 11:54:30 GMT

Russia, Georgia to normalize ties

Russian and Georgian policy makers are ready to resolve tensions between the two nations, the Chairman of the Russian State Duma Leonid Kalashnikov says.

Sat, 02 Nov 2019 11:32:19 GMT

Argentina, US leaders have phone conversation

On Friday, the US President Donald Trump called his recently elected Argentine colleague Alberto Fernandez to congratulate him with the victory and discuss prospects of bilateral relations.

Sat, 02 Nov 2019 11:31:07 GMT

Turkey to invest in Lebanon

Turkey is interested in investing in the energy sector of Lebanon, the Turkish Foreign Minister Mevlut Cavusoglu says at a press conference in Beirut.

Sat, 02 Nov 2019 10:39:12 GMT

China wants to ban sale of e-cigarettes

China's tobacco regulator called businesses on Friday to avoid sale of electronic cigarettes online, a purchase method very popular among local youth.

Sat, 02 Nov 2019 09:14:39 GMT

Saudi Crown Prince approves IPO announcement

The Crown Prince of Saudi Arabia Mohammed bin Salman approved on Friday public announcement of Saudi Aramco's IPO this Sunday.

Sat, 02 Nov 2019 08:18:16 GMT

Merkel wants to sign FTA with India

The German Chancellor Angela Merkel called on Saturday to renew talks on finalization of free trade agreement (FTA) with India.

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