News

Note: This section contains information in English only.
Sun, 02 Dec 2018 18:51:04 GMT

Hearing of Google CEO is expected to be postponed

On Sunday, it was revealed that most likely the US House of Congress Judiciary Committee will postpone the hearing of the Google CEO. It will occur due to the state funeral of ex-President Bush.

Sun, 02 Dec 2018 18:50:57 GMT

China agrees to buy US goods

During the G20 summit on Sunday a statement released by the US and China revealed that China has agreed upon buying agricultural, industrial and energy products from the United States.

Sun, 02 Dec 2018 18:26:14 GMT

Details of US and China trade deal are published

The United States and China have agreed at the G20 summit that there will no tariff increases from both sides during the next 90 days. During the period a trade agreement will be negotiated.

Sun, 02 Dec 2018 18:25:42 GMT

Trump and Xi Jinping make a trade deal

During the G20 meeting in Argentina on Sunday the leaders of the United States and China made an agreement to not escalate tariffs on the first of January.

Sun, 02 Dec 2018 16:44:54 GMT

Nexstar will acquire Tribune Media

On Sunday, it was announced that Nexstar have secured a $4.1 billion deal to acquire Tribune Media. The deal will make Nexstar the largest regional US TV station operator.

Sun, 02 Dec 2018 16:41:40 GMT

Macron considers announcing state of emergency

As riots raged on Sunday in the central part of Paris, the President of France met with his security chiefs for a discussion. Although, the ministers denied that the meeting was about the riots.

Sun, 02 Dec 2018 16:20:08 GMT

Germany wants to attract investment for Africa

The Development Minister of Germany Gerd Mueller announced on Sunday that he is seeking a way to attract more private fund investment to Africa. The announcement comes at a time when Chinese government is investing heavily in Africa.

Sun, 02 Dec 2018 16:19:11 GMT

Germany will propose new UN initiative

It was announced by Reuters on Sunday that Germany is preparing to unveil a new initiative at the next week's UN climate talks.

Sun, 02 Dec 2018 14:56:46 GMT

Climate talks start in Polish city Katowice

Delegates from 200 nation started two weeks of talks aimed to tackle political divisions at the UN meeting over global warming.

Sun, 02 Dec 2018 14:53:54 GMT

Saudis, Colombia to enhance cooperation

Saudis and non-OPEC producer Colombia announced plans to strengthen energy cooperation, the Energy Minister of Saudi Arabia Khalid al-Falih stated.

Sun, 02 Dec 2018 13:58:54 GMT

Trump: next meeting with North Korea in early 2019

The US President Donald Trump stated that he is set to meet North Korea's leader Kim Jong Un in January or February, adding that three sites for the meeting were under consideration.

Sun, 02 Dec 2018 13:57:25 GMT

Egypt's tax change to spur banks to increase private lending

Proposed changes to the way Egypt taxes profits of banks is likely to encourage lenders to step up credit to the private sector and push yields over Treasury debt.

Sun, 02 Dec 2018 13:19:57 GMT

Trump may terminate NAFTA in 'near future'

The US President Donald Trump stated that he is set to give formal notice to the Congress in the near future to terminate the NAFTA, giving to lawmakers six months to approve new trade deal.

Sun, 02 Dec 2018 13:14:38 GMT

South Korea's incoming FinMin: economy losing momentum

South Korea's incoming Finance Minister stated that the economy was losing momentum, as any improvement in income distribution and jobs would be difficult to achieve in the nearest future.

Sun, 02 Dec 2018 12:33:27 GMT

German FinMin warns of lingering debt risk

Olaf Scholz, the Finance Minister of Germany, urged increased transparency and continued vigilance, citing the risks posed by steep unemployment in some countries and debt level.

Sun, 02 Dec 2018 12:32:38 GMT

Chinese crude oil output increases in October

China's output of crude oil increased 0.3% year-on-year to 16.09M tonnes in October, the NDRC stated.

Sun, 02 Dec 2018 11:12:24 GMT

Hungarian CB announces new loan program

The Central Bank of Hungary announced the launch of its new loan program with total worth nearly $3.5B in a bid to boost SME.

Sun, 02 Dec 2018 11:10:59 GMT

Chinese non-ferrous metal production up 5.5% in October

China's output of ten main non-ferrous metals grew 5.5% year-over-year in October, according to the statement.

Sun, 02 Dec 2018 10:20:00 GMT

South Korean export grows 4.5% in November

South Korea's exports, which account for nearly half of the economy, grew 4.5% year-over-year to $51.9B in November, the report by MOTIE showed.

Sun, 02 Dec 2018 10:17:25 GMT

Brazil's FM: GDP numbers indicate gradual economic expansion

Eduardo Guardia, the Finance Minister of Brazil, stated that that the country's Q3 output pointed to a consistent, gradual expansion in the economy.

Sun, 02 Dec 2018 09:15:12 GMT

Italian unemployment grows, GDP falls

Italy's unemployment grew for the second month in succession, while gross domestic product declined for the first time in the Q3 since the 2014 second quarter, the ISTAT reported.

Sun, 02 Dec 2018 09:10:50 GMT

Chinese industrial robot production up 8.7%

China's industrial robot production increased 8.7% year-over-year in the first 10 months of this year, weaker than the 9.3% increase for the January-September period, official data revealed.

Sun, 02 Dec 2018 08:21:52 GMT

Greek private debt nears $257B in 2018

Greece's total private debt soared to $257B in the year of 2018, exceeding the country's gross domestic product forecast for the next year, the report showed.

Sun, 02 Dec 2018 08:15:00 GMT

Chinese trade volume above 2017 total

China's total exports and imports in the period from January to the middle of November in 2018 surpassed the 2017 whole trade volume, customs data revealed.

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