News

Sat, 09 Feb 2019 18:28:19 GMT

Myanmar attracts 3.5M tourists in 2018

Myanmar attracted around 3.5M foreign tourists in 2018, a 3.15% increase compared to the year 2017, the Hotel and Tourism Ministry reports.

Sat, 09 Feb 2019 18:27:44 GMT

Morocco, Croatia to improve bilateral cooperation

The Moroccan Prime Minister Saad Eddine El Othmani and the Croatian Deputy Prime Minister and Foreign Minister Marija Pejcinovic Buric agreed to improve bilateral ties.

Sat, 09 Feb 2019 17:26:10 GMT

China production goods prices decline

Prices of most production goods, including seamless steel tubes, gasoline and coal, declined in the last days of January, the National Bureau of Statistics reports.

Sat, 09 Feb 2019 17:25:30 GMT

Cambodia Post reports profits hike

Revenues of the state-owned Cambodia Post have increased 55% to $13.16M in 2018 from $8.49M the previous year, an annual report shows.

Sat, 09 Feb 2019 16:05:48 GMT

Rohner says Credit Suisse Investment Bank won't decline

The Chairman of Credit Suisse Investment Bank Urs Rohner said in an interview that the company shares would not shrink further.

Sat, 09 Feb 2019 16:04:22 GMT

China-US trade talks to begin next week

The United States and China are preparing to begin trade negotiations next week, as the US negotiators plan to push China on intellectual property.

Fri, 08 Feb 2019 20:52:20 GMT

ADB, AFD to increase financing to $5B in next 3 years

The Asian Development Bank and Agence Francaise de Developpement plan to increase financing to $5B in the next 3 years from $3B to scale up investment efforts in the region.

Fri, 08 Feb 2019 20:51:21 GMT

ISTAT: Italian industrial output shrinks

The Italian industrial output shrank last year and other indicators suggested a "deteriorating" outlook for the economy, the National Statistics Institute ISTAT reports.

Fri, 08 Feb 2019 20:39:53 GMT

Japan agriculture exports hit record

The Japanese exports of agriculture, forestry and fisheries increased to a record high of $8.3B in 2018, the Ministry reports.

Fri, 08 Feb 2019 20:39:13 GMT

ADB provides $50M to promote Bangladesh small business development

The Asian Development Bank and the Bangladesh government signed a $50M agreement to promote small business development in the country.

Fri, 08 Feb 2019 19:00:05 GMT

German exports rise 3% in 2018

German exports increased by 3% to an all-time high of $1.49T in 2018, the German Federal Statistical Office Destatis reports.

Fri, 08 Feb 2019 18:53:21 GMT

Zimbabwean president visits Ethiopia

The Zimbabwean President Emmerson Mnangagwa visits Ethiopia to participate in the 32nd Ordinary Session of the Assembly of the African Union with other African leaders.

Fri, 08 Feb 2019 18:23:18 GMT

Canada unemployment rate rises

The Canadian jobless rate increased to 5.8% from 5.6% in December despite adding 66,800 new jobs, the Statistics Canada reports.

Fri, 08 Feb 2019 18:16:50 GMT

Banks in Albania report net profit of $168M in 2018

The Albanian banks reported a net profit of $168M in 2018, a 17% decline from the previous year, the Bank of Albania reports.

Fri, 08 Feb 2019 16:48:52 GMT

Sprint sues AT&T due to 5G branding

Late on Thursday, Spring Corporation sued AT&T for misleading consumers that they are using still not developed fifth generation wireless networks.

Fri, 08 Feb 2019 16:46:14 GMT

Workers strike at GM associated plant

The union workers at Lear Corp, which supplies General Motors Oshawa assembly plant, on Friday began a strike. The event is set to hurt the General Motors production cycle, profits and subsequently stock value.

Fri, 08 Feb 2019 15:46:19 GMT

There will be no Brexit negotiations

The head of the European Union's Brexit negotiation team Michel Barnier announced on Friday that on Monday the representatives of the UK will receive another denial for the reopening of Brexit negotiations.

Fri, 08 Feb 2019 15:46:12 GMT

UK fin-tech firms register in Lithuania

On Friday, the Lithuanian central bank announced to Reuters that nearly 100 financial companies and startups are applying for Lithuanian financial licenses.

Fri, 08 Feb 2019 14:57:44 GMT

Wall Street opens lower

US stock exchanges started Friday's trading session in the red, as various benchmarks fell. Financial media blamed various reason for the decline. Meanwhile, as there was no increase of volatility, Dukascopy Analytics saw the move as normal.

Fri, 08 Feb 2019 14:57:22 GMT

Oil surges on Friday

During the second half of Friday's London session, as the US exchanges were opening, crude oil prices were surging. Although, some financial media outlets stated that a surge is likely to continue due to OPEC and the situation in Venezuela.

Fri, 08 Feb 2019 14:02:55 GMT

Russian MTS will evaluate US IPO

The mobile phone operator of Russia MTS announced on Friday that it will wager whether to list its stock in the United States.

Fri, 08 Feb 2019 14:02:25 GMT

Canadian employment data beats forecast

On Friday, the USD/CAD currency exchange rate dropped by more than 1.50% due to the Canadian economy adding new 66 thousand jobs in January, compared to the forecast of 6.5 thousand.

Fri, 08 Feb 2019 13:32:40 GMT

EU needs complex agreement on asylum

The EU Commissioner for Migration and Home Affairs Dimitris Avramopoulos stated on Thursday that members of the block must adopt a comprehensive deal on the asylum system in order to meet challenges in the future.

Fri, 08 Feb 2019 13:23:56 GMT

Merkel says IS still represents notable threat

In contrast to Donald Trump words, the German Chancellor Angela Merkel stated on Friday that the Islamic State (IS) has not been defeated in the Middle East yet.

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