News

Note: This section contains information in English only.
Mon, 11 Jan 2021 07:44:53 GMT

KKR closes infrastructure fund in Asia Pacific

KKR & Co, the US investment powerhouse, announced on Monday it had closed its first infrastructure fund in Asia Pacific at $3.9B.

Mon, 11 Jan 2021 07:37:20 GMT

Tesla looking for China design director

Tesla is hunting for a new design chief in China, as the company seeks to launch a "full-function" studio in Beijing or Shanghai to design electric vehicles for Chinese customers.

Mon, 11 Jan 2021 06:00:15 GMT

Hyundai, Apple plan to sign partnership deal

As reported by Korea IT News on Sunday, Apple Inc and Hyundai Motor are set to sign a partnership agreement on self-driving electric vehicles production by March.

Mon, 11 Jan 2021 05:00:08 GMT

Lebanon's Bassil rejects joining Hariri government

On Sunday, Gebran Bassil, the head of Lebanon's Free Patriotic Movement, said that he would not join a new government led  by PM-designate Saad Hariri.

Mon, 11 Jan 2021 04:03:46 GMT

US banks to delist 500 HK products

On Sunday, Hong Kong Stock Exchange filings showed that JPMorgan, Morgan Stanley and Goldman Sachs would delist about 500 Hong Kong products.

Mon, 11 Jan 2021 02:41:04 GMT

Austria's Aschbacher resigns

Christine Aschbacher, the Austrian Labour Minister, has resigned following allegations that she allegedly copied at least one-fifth of her university thesis from other sources.

Sun, 10 Jan 2021 20:49:03 GMT

Presidential elections take place in Kyrgyzstan

The nationalist party politician Sadyr Japarov on Sunday won the Kyrgyzstan's presidential election.

Sun, 10 Jan 2021 19:41:12 GMT

Ruling party wins election in Kazakhstan

On Sunday, the Nur Otan, which is the Kazakhstan's ruling party, won the country's lower house election by securing 72% of votes.

Sun, 10 Jan 2021 19:30:58 GMT

US banks delist Hong Kong products

On Sunday, Morgan Stanley and Goldman and Sachs stated that the banks are set to delist some of their Hong Kong investment products due to US sanctions.

Sun, 10 Jan 2021 18:12:05 GMT

Amazon, Apple suspend Parler social network

On Saturday, Amazon.com and Apple Inc have suspended the social network Parler from their Apple Store and Amazon Web Services.

Sun, 10 Jan 2021 16:57:14 GMT

Analysts comment on Saudi Arabia's output cut

According to analysts, Saudi Arabia's voluntary output cut is expected to boost oil market de-stocking, even as crude oil demand faltered.

Sun, 10 Jan 2021 16:03:04 GMT

Scheidegger says Swiss GDP could grow by 4%

Eric Scheidegger, the director of the State Secretariat for Economic Affairs, said that Switzerland's GDP would grow by 3% or 4% in 2021 and 2022.

Sun, 10 Jan 2021 14:50:22 GMT

Lukashenko comments on constitution

The disputed President of Belarus Alexander Lukashenko stated on Sunday that a constitutional reform of the country would occur by the end of 2021.

Sun, 10 Jan 2021 14:23:04 GMT

Apple and Hyundai produce electric cars

On Sunday, Korea IT News revealed that Apple and Hyundai are set to agree upon cooperation in electric car production early this year.

Sun, 10 Jan 2021 12:43:33 GMT

Spain sends convoys to Madrid

The government of Spain announced on Sunday that it would send supply convoys to the areas hit by the Filomena storm.

Sun, 10 Jan 2021 12:17:04 GMT

Pompeo lifts restrictions on Taiwan

On Sunday, the US Secretary of State Mike Pompeo lifted US restrictions on talks between US and Taiwanese officials.

Sun, 10 Jan 2021 10:45:44 GMT

Iran comments on sanctions

On Saturday, an Iranian lawmaker stated that the country would expel UN nuclear inspectors unless US sanctions on the country are lifted by February 21.

Sun, 10 Jan 2021 09:48:00 GMT

Nio launches new sedan

The Chinese electric vehicle manufacturer Nio on Saturday launched its first car sedan model.

Sun, 10 Jan 2021 08:58:42 GMT

Parler gets suspended from stores

On Sunday, Apple and Amazon revealed that they had suspended the social network Parler from their services.

Sun, 10 Jan 2021 08:24:40 GMT

RBNZ experiences data breach

On Sunday, the Reserve Bank of New Zealand revealed that one of its third-party data systems had been breached.

Sun, 10 Jan 2021 06:46:08 GMT

Nio rolls out first electric sedan

Nio, the Chinese electric vehicle maker, unveiled the first sedan model ET7, following its rival Tesla launched the sale of its Model Y SUV in the Chinese market.

Sun, 10 Jan 2021 06:05:57 GMT

Tesla vehicles review shows no defect

The US agency NHTSA found no defect in the review of 662K Tesla vehicles, following claims of a sudden unintended acceleration, Reuters reported.

Sun, 10 Jan 2021 05:01:57 GMT

GM unveils new brand logo

General Motors revealed its new corporate logo, the carmaker's first major change of its logo since 1964, due to launching a new campaign aimed to boost GM's focus on electric cars.

Sun, 10 Jan 2021 03:52:01 GMT

Carmakers trim vehicle production

Fiat Chrysler Automobiles, Nissan Motor, Ford Motor and Toyota Motor stated they would trim vehicle production in January amid a semiconductor chip shortage.

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