News

Note: This section contains information in English only.
Sat, 22 Sep 2018 07:56:43 GMT

Japan's PM Abe to travel to Australia's Darwin

Japan's PM Shinzo Abe is planning to travel to Australia's Darwin this November, in the first official visit by the Japanese leader since the Asian country's imperial army bombed the city at the time of the World War II.

Sat, 22 Sep 2018 07:24:14 GMT

PayPal halts business relationships with Alex Jones's Infowars

PayPal Holdings, the US payments processor, has ended its business dealings with Alex Jones's Infowars, the popular US conspiracy theorist amid discriminatory content and hate speech findings on the site.

Sat, 22 Sep 2018 07:19:21 GMT

Google CEO Pichai denies biasiing search results

Google CEO Sundar Pichai is denying the reports about the company's efforts to politically tweak Internet search results, according to Axios memo.

Sat, 22 Sep 2018 06:35:26 GMT

China inaugurates new embassy in Dominican Republic

The Chinese most senior envoy opened a new embassy on Friday in the Dominican Republic, after the Caribbean country severed all ties with the self-ruled Taiwan.

Sat, 22 Sep 2018 06:27:37 GMT

China lifts trade talks with US amid rising tariff tensions

China has decided not to send its Vice Premier Liu He to Washington for trade talks scheduled for the next week, as the tariffs threats escalate, the Wall Street Journal said on Saturday.

Sat, 22 Sep 2018 05:38:57 GMT

Shanghai Electric halts talks over Eletrosul Brazil's projects buy

Shanghai Electric Group has halted the talks to acquire Eletrosul Brazil's power transmissions projects, not disclosing the reasons of the failed deal, according to the market filing.

Sat, 22 Sep 2018 05:34:36 GMT

Malaysian Axiata's unit works on acquisitions worth over $900M

A tower unit of the Malaysia telecoms company Axiata Group is seeking for acquisition deals worth more than $900M, which the firm aims to compete within this year, its CEO stated.

Sat, 22 Sep 2018 03:03:10 GMT

US taps Lerrick as executive director of IMF

On Friday, the Financial Times reported that the US President Donald Trump's administration has tapped the US Treasury official Adam Lerrick to serve as the US executive director of IMF.

Sat, 22 Sep 2018 02:59:21 GMT

China drafts nuclear energy law focusing on international market

On Friday, China drafted a new version of Atomic Energy Law which would result in providing support to Chinese firms aiming to go overseas and would help to strengthen the position of such companies on international market.

Sat, 22 Sep 2018 01:56:30 GMT

Walmart claims Trump's tariffs on China may force price rise

On Friday, Walmart Inc claimed that tariffs imposed by the US President Donald Trump's administration could result in a price increase of the products which are being sold by the company.

Sat, 22 Sep 2018 01:54:34 GMT

Mexico to pursue trade deal with Canada if NAFTA talks fail

On Friday, the president-elect of Mexico Andres Manuel Lopez Obrador claimed that Mexico will pursue a trade agreement with Canada if NAFTA talks fail.

Fri, 21 Sep 2018 20:17:54 GMT

FT: Invesco to acquie OppenheimerFunds from MassMutual

Financial Times reported on Friday that Invesco is planning an acquisition of OppenheimerFunds from MassMutual, a unit that has around $250M in assets, according to the report.

Fri, 21 Sep 2018 20:14:34 GMT

Sempra Energy plans sale of US solar assets

Sempra Energy has signed an agreement over selling its non-utility US operating solar assets, a wind facility and battery and solar storage development projects to Consolidated Edison in an all-cash deal worth $1.54B.

Fri, 21 Sep 2018 19:14:22 GMT

Italy arrests ex-Deutsche Bank trader over Euribor probe

On Friday, a Serious Fraud office of the UK reported that Italian prosecutors have arrested the former trader of the Deutsche Bank Andreas Hauschild over the manipulation with Euribor benchmark.

Fri, 21 Sep 2018 19:05:59 GMT

Advisor: US close to Mexico-only NAFTA agreement

On Friday, the economic advisor of the White House Kevin Hassett claimed that the US is getting very close to signing North American Free Trade Agreement with Mexico without Canada.

Fri, 21 Sep 2018 18:24:41 GMT

OPEC considers oil output boost because Iran's supply falls

OPEC and other major oil producers are considering an option to boost oil output by 500000 barrels per day because of the falling oil supply from Iran under the US sanctions.

Fri, 21 Sep 2018 18:21:04 GMT

EU Tusk: compromise with UK over Brexit is still possible

On Friday, the President of the European Council Donald Tusk claimed that a compromise regarding a withdrawal of the UK from the EU between London and Brussels is still possible.

Fri, 21 Sep 2018 17:26:18 GMT

Italy's Deputy PM: budget must focus on people

On Friday, the Deputy Prime Minister of Italy Luigi Di Maio claimed that the new government's budget for 2019 must be focused on Italian people but not on the budget deficit numbers.

Fri, 21 Sep 2018 17:22:23 GMT

White House has no plans to discuss recent tariffs with China

On Wednesday, a Senior White House official claimed that the President's Administration is assessing the response of China to the newly implemented tariffs and has no plans to discuss it with China in the nearest time.

Fri, 21 Sep 2018 16:18:52 GMT

US Manufacturing PMI at 55.6 in September

IHS Markit reported that the US Manufacturing PMI reached 55.6 in the month of September, the highest level since May, compared with the Index of 54.7 registered in August.

Fri, 21 Sep 2018 16:11:04 GMT

Toshiba, Micron chips in new iPhones

Apple's latest iPhones showed chips from Toshiba and Micron Technology among others in the devices, while Samsung was not mentioned, gadget repair company iFixit stated.

Fri, 21 Sep 2018 15:15:39 GMT

Canada inflation still above target in August

The Canadian inflation rate dipped to 2.8% in August, though remained above the Bank of Canada's target for the seventh month in succession, boosting forecasts that the Bank would raise rates in October.

Fri, 21 Sep 2018 15:08:37 GMT

SIG profit affected by project delays last winter

SIG, the construction materials supplier, reported a 21.8% fall in underlying pre-tax profit in H1, as builders delayed their projects due to long, icy winter in the UK.

Fri, 21 Sep 2018 14:37:42 GMT

Aurora Cannabis to launch US IPO in October

Canada's Aurora Cannabis is planning an initial public offering in the United States for October, as it seeks to lure investors by boosting their appetite for marijuana producers.

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