News

Note: This section contains information in English only.
Thu, 19 Oct 2017 07:51:46 GMT

Nasdaq and SGX make a pact

Singapore Exchange and Nasdaq have announced that they will attempt to attract fast growing Asian firms, which are interested to be listed on both exchanges.

Thu, 19 Oct 2017 07:47:10 GMT

New Zealand coalition is announced

The leader of the Labour party Jacinda Ardern is set to create New Zealand's next government together with the support of one of the small nationalist parties.

Thu, 19 Oct 2017 07:09:46 GMT

Mimura comments on Kobe Steel

Akio Mimura, the chairman of Japan's Chamber of Commerce and Industry, has announced that the view of Kobe Steel on the recent scandal needs to be heard before any conclusions can be made.

Thu, 19 Oct 2017 07:06:40 GMT

Japanese carmakers approve Kobe Steel safety

Already three Japanese carmakers have announced that the aluminium components manufactured by Kobe Steel meet the automaker safety standards.

Thu, 19 Oct 2017 05:56:20 GMT

SAP growth slows in third quarter

The Euro area's most valuable tech firm SAB reported that its revenue growth slowed in Q3, as profits came short of forecasts, but said it could meet its financial target for 2017.

Thu, 19 Oct 2017 05:55:37 GMT

Toyota says Kobe Steel plates meet standards

Toyota Motor confirmed that aluminium plates from Kobe Steel with faked quality data and, which the automaker used in vehicle parts had met durability and safety standards.

Thu, 19 Oct 2017 05:07:50 GMT

Colombia Congress accepts $80B budget for next year

The Congress of Colombia approved a budget of $80B for 2018, aiming to keep the country's credit rating, and the Finance Minister added that more international bonds wouldn't be issued.

Thu, 19 Oct 2017 05:06:54 GMT

China's industrial output grows more than anticipated

Chinese industrial production jumped 6.6% year-on-year in September, as factories boosted production ahead of winter measures to reduce air pollution.

Thu, 19 Oct 2017 03:50:26 GMT

US wants stronger defense, economic ties with India amid China's rise

Rex Tillerson, the US Secretary of State, said before visiting India that the US wanted to enhance ties with New Delhi, seeking cooperation to deal with the China's negative influence in Asia.

Thu, 19 Oct 2017 03:49:31 GMT

Japan security watchdog investigates Toshiba

Toshiba's accounting practices were investigated by Japan's securities watchdog to see whether the company handled properly the losses incurred at its US nuclear unit Westinghouse.

Thu, 19 Oct 2017 03:30:01 GMT

EBay shares fall amid lower profit estimates

EBay's shares dropped 5%, when the company warned Wall Street that its quarterly profit could miss forecasts, as it invested in a revamped website and marketing to attract more shoppers.

Thu, 19 Oct 2017 03:27:11 GMT

Chinese economy grows 6.8% in Q3

China's GDP growth slowed from 6.9% to 6.8% in the September quarter, as debt risks and the government's attempt to rein in the real estate market tempered economic activity.

Thu, 19 Oct 2017 01:52:54 GMT

Australian unemployment rate at 5.5% in September

The Australian Bureau of Statistics reported strong job growth over the course of September, which put the country's unemployment rate to 5.5% in the reported period.

Thu, 19 Oct 2017 01:51:48 GMT

Japan exports growth slows modestly in September

Japanese exports slowed growth pace in September with slightly weaker-than-anticipated yearly increase of 14.1%, suggesting the demand from overseas was taking a breather.

Wed, 18 Oct 2017 19:05:16 GMT

US Attorney General refuses to discuss Trump conversations

On Wednesday, the US Attorney General Jeff Sessions stated he would not discuss his private conversations with the US President Donald Trump with the Senate.

Wed, 18 Oct 2017 19:03:43 GMT

Iran to shred nuclear deal if US quits

Iran's Supreme Leader Ayatollah Ali Khamenei warned on Wednesday that Tehran would shred the 2015 nuclear deal if the US tore it.

Wed, 18 Oct 2017 17:51:50 GMT

US crude oil inventories fall for fourth straight week

The EIA reported that crude oil inventories dropped 5.7M barrels last week, following the prior week's fall of 2.7M barrels and surpassing expectations for a 4.7M-barrel decline.

Wed, 18 Oct 2017 17:51:00 GMT

IBM lifts Dow above 23,000 mark

On Wednesday, the Dow Jones Industrial Average Index rose above the 23,000-mark amid IBM's 9% jump after the company hinted at revenue growth.

Wed, 18 Oct 2017 17:11:41 GMT

US building permits drop in September

The US Census Bureau reported that building permits fell to a 1.22M-unit rate last month, down from August's 1.27M-unit rate.

Wed, 18 Oct 2017 17:10:51 GMT

Canadian manufacturing sales jump 1.6%

Statistics Canada reported on Wednesday that manufacturing sales surged 1.6% in August after plunging 2.6% in the prior month, while analysts anticipated a 0.1% fall.

Wed, 18 Oct 2017 16:07:18 GMT

Merkel begins exploratory German coalition talks

Chancellor Angela Merkel's Christian Democratic bloc started exploratory talks with Germany's Free Democratic Party in order to discuss forming a three-way coalition government.

Wed, 18 Oct 2017 16:07:11 GMT

Global stocks jumped as monetary policy in focus

Wall Street reached new records amid strong earnings data on Wednesday that were boosted by escalating Treasury yields after investors switched the focus on monetary policy.

Wed, 18 Oct 2017 14:32:21 GMT

Kenyan opposition seeks protests on repeat election date

On Wednesday, the leader of Kenya's opposition Raila Odinga called for mass protests against the repeat Presidential election on October 26.

Wed, 18 Oct 2017 14:16:56 GMT

Twitter severs stance on harassment and abuse

Twitter made a decision to toughen its guidelines on online sexual abuse and harassment, laying out severe penalties for not complying with the rules on the social media platform.

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