News

Note: This section contains information in English only.
Thu, 23 Nov 2017 09:34:25 GMT

Chinese trade with North Korea fells in October

According to the data posted on Thursday, Chinese trade with North Korea plunged to $334.9M in October, reaching the lowest level since February, following tough sanctions imposed by the UN.

Thu, 23 Nov 2017 09:26:55 GMT

Mitsubishi Materials' units falsify product data

Mitsubishi Materials confirmed that its subsidiaries had falsified product data, including parts of automobiles and aircraft, for no less than a year.

Thu, 23 Nov 2017 08:27:39 GMT

China calls Northern cities to focus on smog war

China warned the Northern cities to comply with the rules designed to clear the skies and get serious in a war on smog, as some of them failed to improve the quality of air the previous month.

Thu, 23 Nov 2017 08:19:28 GMT

Amazon launches Australian trial on Thursday

On Thursday, Amazon.com Australia started an order-taking trial at 0400 GMT, a highly anticipated launch that weighted on the brick-and-mortar retail sector's shares.

Thu, 23 Nov 2017 07:34:55 GMT

PDVSA discusses credit with Statoil, Repsol, Rosneft, Eni

The Venezuelan PDVSA is in talks with Rosneft, Eni, Statoil and Repsol, as it seeks to get credit for its gas and oil projects.

Thu, 23 Nov 2017 07:30:17 GMT

Myanmar to sign Rohingya return accord with Bangladesh

Myanmar agreed on Tuesday to ink a deal with Bangladesh on terms for the Rohingya Muslims return due to concerns that Myanmar's army could prove obstructive.

Thu, 23 Nov 2017 06:17:55 GMT

SenseTme ready for IPO, seeks opening R&D centre in US

SenseTime, Chinese artificial intelligence start-up, was planning an IPO and aimed to create a research and development centre in the US next year.

Thu, 23 Nov 2017 06:16:39 GMT

China to enhance intellectual property protection

China's Premier Li Keqiang stated that it is important for the country's economy to strengthen intellectual property rights protection, as the cabinet pledged to enhance regulations.

Thu, 23 Nov 2017 05:21:28 GMT

Russia, Turkey, Iran agree to speed up Syria's peace process

The Presidents of Russia, Turkey and Iran agreed to proceed with joining efforts to encourage the shift to political settlement in Syria and restore stability in the war-stricken country.

Thu, 23 Nov 2017 05:20:46 GMT

Tesla finishes large battery's construction in Australia

Tesla completed construction of the biggest lithium-ion battery in the world for South Australia, its most wind power-dependent area, the country's government said.

Thu, 23 Nov 2017 04:28:32 GMT

Australia calls for strong US engagement in Asia, warns against China

Australia urged the United States to ensure a strong, sustained presence in Asia and enhance relationships with like-minded allies, while warning on China's growing influence.

Thu, 23 Nov 2017 04:24:44 GMT

Saudis agree to buy $7B worth precision munitions from US companies

Saudi Arabia agreed to purchase nearly $7B worth of precision munitions from the US defence contractors, sources with knowledge on the matter stated.

Thu, 23 Nov 2017 03:07:05 GMT

Facebook to allow users see if they followed Russia's accounts

Facebook is set to create a web page to let users see which Russia's propaganda profiles they followed or liked, after the US lawmakers called for being more open about the accounts' reach.

Thu, 23 Nov 2017 03:06:00 GMT

Fed minutes signals next rate hike in December

The Fed minutes revealed that the interest rate increase was most likely to be made in the near term, if data indicates that the sluggish inflation trend subsided.

Wed, 22 Nov 2017 21:05:12 GMT

Lebanon's Hariri revokes his statement of resignation

On Wednesday, the Prime Minister of Lebanon Saad al-Hariri decided to temporarily retain the post at the request of the country's President Michel Aoun, thus easing tensions in the region.

Wed, 22 Nov 2017 21:04:58 GMT

ITC to respond on Caterpillar's allegations against German firms

On Wednesday, the US International Trade Commission (ITC) announced that it had started an investigation into accusation that two German companies, Wirtgen GmbH and Joseph Voegele AG, violated on patents owned by the Caterpillar Inc.

Wed, 22 Nov 2017 20:10:58 GMT

Oil prices surge to $63.30

During Wednesday's trading session crude oil prices rose by 1.17% and settled down at $63.30 a barrel, as the US inventories decreased by 1.9M barrels last week, beating expectations of 1.6M barrels.

Wed, 22 Nov 2017 20:01:59 GMT

US accuses Myanmar of 'ethnic cleansing'

On Wednesday, the US Secretary of State Rex Tillerson classified military operation that is being conducted against the Rohingya Muslims by the army of Myanmar as "ethnic cleansing".

Wed, 22 Nov 2017 19:14:38 GMT

SPD under pressure over coalition talks

The Social Democratic Party of Germany faced pressure to reconsider proposing coalition talks to the Merkel's Conservatives to resolve the ongoing political crisis.

Wed, 22 Nov 2017 19:13:34 GMT

Facebook key investor sells most of his stake

According to a regulatory filing published on Tuesday, one of Facebook's key investors Peter Thiel sold most of the stake he had in the social network.

Wed, 22 Nov 2017 17:51:05 GMT

Deutsche Bank's Chief Strategist says investors should avoid bitcoin

On Wednesday, the Chief Strategist at Deutsche Bank Ulrich Stephan said investors should avoid bitcoin, as its fluctuations are too big, while regulation – too scant.

Wed, 22 Nov 2017 17:50:53 GMT

China and South Korea to hold summit in December

The South Korean Foreign Ministry reported on Wednesday the state's President Moon Jae-in would head to Beijing in December for a summit with his Chinese counterpart.

Wed, 22 Nov 2017 17:02:49 GMT

US crude oil inventories down 1.9M barrels last week

The US Energy Information Administration reported commercial crude oil inventories in the United States were down 1.9M barrels last week.

Wed, 22 Nov 2017 17:02:38 GMT

UoM consumer sentiment jumps in November

The University of Michigan's Consumer Sentiment Index managed to hit the 98.5-point mark in November, topping analysts' expectations for a 98.2-point reading.

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