News

Note: This section contains information in English only.
Sat, 29 Dec 2018 06:10:11 GMT

China frees Canadian citizen

On Saturday, Chinese authorities ruled to release Canadian citizen Sarah McIver who supposedly was detained in response to Canada's arrest of the Huwei CFO Meng Wanzhou.

Sat, 29 Dec 2018 05:11:29 GMT

Eddie Lampert tries to save Sears Holdings

On Friday, the Chairman of Sears Holdings Corp Eddie Lampert made a $4.4B acquisition bid in an attempt to save the bankrupt American retailer.

Sat, 29 Dec 2018 05:07:08 GMT

China to limit imports of aluminum and scrap steel

The Environment Ministry of China stated on Saturday that the country would move aluminum and scrap steel to a list of restricted imports.

Fri, 28 Dec 2018 20:58:34 GMT

Wells Fargo agrees to pay $575m in settlement

According to a report by the Iowa Attorney General Office, Well Fargo would pay $575 million in a settlement over claims made by US states.

Fri, 28 Dec 2018 20:58:17 GMT

Trump express anger over shutdown, threatens to close Mexico border

On Friday, the US President Donald Trump threatened to close the US-Mexico southern border over funding of his border wall project and blamed Democrats for the government shutdown.

Fri, 28 Dec 2018 20:10:50 GMT

Albania's PM replaces eight Cabinet Ministers amid student protests

On Friday, the Prime Minister of Albania Edi Rama appointed eight Cabinet Ministers after wave of student protests.

Fri, 28 Dec 2018 20:09:50 GMT

US stocks struggle to extend two consecutive days of rally

On Friday, Wall Street bounced between gains and losses, fighting to extend their two days of surge to end the week high.

Fri, 28 Dec 2018 19:16:16 GMT

Global stocks try to finish strong after turbulent week

On Friday, investors and traders moved toward safe-haven assets, as concerns of faltering global economic growth cut short two consecutive days of rebound in US shares.

Fri, 28 Dec 2018 19:14:30 GMT

European shares rebound on Friday

On Friday, European shares regained some of its lost points, bolstered by a surge in US stocks, as the volatile week drew to a close.

Fri, 28 Dec 2018 18:30:31 GMT

Citi Research slashes Q1 production estimates for Apple Inc's iPhones

On Friday, Citi Research cut its Q1 of Apple Inc's iPhones production estimates due to reports of weak demand.

Fri, 28 Dec 2018 18:29:22 GMT

Oil prices remain stable on Friday

Crude oil prices remained stable on Friday, trading near an eighteen-month low after a week of volatility, as concerns of oversupply and faltering global economy pressured prices.

Fri, 28 Dec 2018 17:01:40 GMT

Belarus to keep lowering duties over oil exports outside EEU

Belarus is set to continue to lower export duties over crude oil and other products outside the EEU customs territory starting from January 1, the statement showed.

Fri, 28 Dec 2018 16:58:19 GMT

Italian PM expects strong growth next year

Giuseppe Conte, the Prime Minister of Italy, stated that he counted on the strong economic growth in 2019, possibly exceeding the forecast included in the national budget.

Fri, 28 Dec 2018 16:27:34 GMT

Turkish CPI to keep falling this month

Turkish yearly inflation is anticipated to decline to 20.52% in December, falling for a second month from a 15-year high in October, as discounted products and tax cuts decreased prices.

Fri, 28 Dec 2018 16:23:23 GMT

German consumer price growth weakens sharply in December

German yearly inflation slowed markedly in December, falling below the ECB target level after the Bank ended its crisis-fighting bond purchase scheme and as global markets slipped.

Fri, 28 Dec 2018 14:52:07 GMT

Tesla appoints two new board members

On Friday, Tesla appointed two new independent directors, Walgreens Boots Alliance's global HR head Kathleen Wilson-Thompson and Oracle's founder Larry Ellison, to its board.

Fri, 28 Dec 2018 14:48:31 GMT

China's new financial info rules aimed at institution providers

On Friday, the Chinese internet regulator stated that the new financial rules are aimed at companies supplying information to institutions and specific investors, not for the general public.

Fri, 28 Dec 2018 12:58:14 GMT

Aphria sees Green Growth's hostile bid underestimating firm

Canada's cannabis producer Aphria stated on Friday that the proposed $2.06B hostile bid by Green Growth Brands had undervalued the company.

Fri, 28 Dec 2018 12:54:29 GMT

Yankees enter talks with Sinclair, Amazon over Yes Network bid

The New York Yankees entered talks with Sinclair Broadcast Group and Amazon.com over the joint bid for Yes Network, the WSJ reported on Friday.

Fri, 28 Dec 2018 12:01:49 GMT

Indonesia's annual inflation likely to ease in December

The Indonesian annual inflation rate may ease this month and is likely to stay in the target range set by the central bank, according to a Reuters poll.

Fri, 28 Dec 2018 11:45:27 GMT

Casa Damiani's founding family to delist group from Milan bourse

Italian Casa Daniani's founding family announced a takeover on Friday to acquire the jewellery group and delist the company from Milan's bourse.

Fri, 28 Dec 2018 11:35:03 GMT

Grab to pay about $207K in compensation to Vietnam's taxi firm

On Friday, Vietnam's court ordered the ride-hailing service Grab to compensate $206.985 to the local taxi company to halt the 18-month-long dispute between the operators.

Fri, 28 Dec 2018 11:31:25 GMT

Chinese C919 jet's third prototype finalises test flight

Third prototype of the Chinese-built C919 narrowbody passenger aircraft has finalised its initial test flight this Friday, as China seeks becoming the global civil aerospace participant.

Fri, 28 Dec 2018 09:52:15 GMT

HK's NWS Holdings to acquire FTLife Insurance in $2.8B deal

Hong Kong's NWS Holdings agreed to acquire FTLife Insurance in a deal worth $2.8B with China's financial holding company JD Group.

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