News

Note: This section contains information in English only.
Tue, 03 Apr 2018 12:02:10 GMT

China appreciates North Korea's efforts to ease tensions

The Chinese top diplomat Wang Yi stated to North Korea that China had appreciated its efforts to release denuclearisation on the Korean peninsula.

Tue, 03 Apr 2018 11:35:21 GMT

Ford could pick up year 2023 for e-cars production

Ford Motor considers it could potentially start producing electric cars in 2023 in Germany, after its Fiesta model's life cycle will be due to end.

Tue, 03 Apr 2018 11:32:29 GMT

Toshiba not to cancel $18B chip deal until now

Toshiba is not planning to cancel the $18B sale of the memory chip unit's sale unless there is any material change, the company stated on Tuesday.

Tue, 03 Apr 2018 10:34:02 GMT

Swiss yearly retail sales drop less than expected in February

The Federal Statistical Office reported on Tuesday that Swiss annual retail sales posted a smaller-than-expected dip in February, dropping 0.2% in the reported period.

Tue, 03 Apr 2018 10:32:57 GMT

UK manufacturing PMI beats expectations

According to the data released by the UK Office for National Statistics, the country's manufacturing PMI came in at 55.1, beating analysts' expectations.

Tue, 03 Apr 2018 09:38:11 GMT

Germany calls for ex- Catalan leader Puigdemont's extradition

On Tuesday, Germany's prosecutors filed a request for the extradition of the former Catalonia's leader Carles Puighdemont to Spain, seeking him to face charges of rebellion.

Tue, 03 Apr 2018 08:36:36 GMT

Mexico sees ministers meeting to decide NAFTA deal basics scope

According to the Mexican Economy Minister, Canada, Mexico and the United States are set to hold a meeting of ministers to decide scope of the NAFTA trade deal basics in the following days.

Tue, 03 Apr 2018 08:33:56 GMT

Sky News could be separated to satisfy British regulator

Rupert Murdoch's 21st Century Fox stated it could separate Sky News within the Sky group to comply with the British regulator's concerns over the news service's independence under Murdoch's ownership.

Tue, 03 Apr 2018 07:03:45 GMT

Meituan-Dianping to acquire large stake in China's Mobike

The Chinese on-demand online services provider Meituan-Dianping is set to acquire a large stake in the bike-sharing company Mobike, according to the Caixin business magazine.

Tue, 03 Apr 2018 06:54:45 GMT

Supermarket retailers Auchan, Casino in talks over partnership

French supermarket retailers Auchan and Casino have entered talks over forming cooperation regarding the food and non-food items purchasing amid intensified competition in the domestic sector.

Tue, 03 Apr 2018 06:34:23 GMT

NYSE sets reference price for Spotify shares

The New York Stock Exchange has set the reference price for Spotify's shares at $132, as the music streaming service is pursuing a direct listing, while its shares are seen to start trading on Tuesday.

Tue, 03 Apr 2018 06:30:07 GMT

Ranesas shareholders to cut stakes in Japan's chipmaker

On Tuesday, the Japanese chipmaker Ranesas Electronics stated that its state-backed fund INCJ, Hitachi and NEC shareholders would lower their stakes in the company to 33.4%, 3.7% and 4.3% respectively.

Tue, 03 Apr 2018 04:52:32 GMT

Japan's Monex to buy crypto exchange Coincheck

The Japanese online broker Monex Group Inc plans to purchase a local cryptocurrency exchange Coincheck Inc which was recently hit by a $530M theft of digital currency.

Tue, 03 Apr 2018 04:52:20 GMT

INCJ to sell part of Renesas Electronics stock to bolster its competitiveness

Japan's state-backed fund Innovation Network Corp of Japan is to reduce the company's stake in the chipmaker Renesas Electronics Corp to improve its global competitiveness.

Tue, 03 Apr 2018 04:24:51 GMT

RBI drops three banks from list of gold, silver importers

The Reserve Bank of India has dropped Axis Bank, Karyr Vyasa and South Indian Bank from a list of banks allowed to import silver and gold during the fiscal year that began on April 1.

Tue, 03 Apr 2018 04:17:39 GMT

GM to stop reporting monthly sales in US, China and Brazil

General Motors Co announced on Tuesday that it would stop reporting monthly vehicle sales in the United States, China and Brazil, as they did not precisely reflect the market.

Tue, 03 Apr 2018 03:26:54 GMT

Walmart considers takeover of pharmacy start-up

Walmart was in early negotiations about a takeover deal for PillPack, an online start-up, which could support expansion of the giant's pharmacy offerings, according to sources familiar with the matter.

Tue, 03 Apr 2018 03:26:19 GMT

China's Xi Jinping to attend Boao forum

The Chinese Foreign Minister and State Councillor Wang Yi stated that the country's President Xi Jinping is set to attend Boao forum, which will be held next week, and deliver a speech.

Tue, 03 Apr 2018 01:59:29 GMT

Australian job ads remain flat in March

ANZ reported that the number of advertised jobs was flat last month, after dropping 0.4% in February.

Tue, 03 Apr 2018 01:54:37 GMT

AIG PMI for manufacturing sector hits 63.1

The AIG reported that its PMI for the Australian manufacturing sector rose to 63.1 in March from the prior month's 57.5.

Mon, 02 Apr 2018 19:52:10 GMT

Alibaba, SoftBank to invest $445M in Paytm E-Commerce

SoftBank Group and Alibaba are to jointly invest $445M in the Indian online retailer Paytm E-Commerce Pvt. Ltd., thus increasing its value to $1.9B.

Mon, 02 Apr 2018 19:51:41 GMT

Amber Baldet to resign as CEO of JPMorgan's blockchain unit

Amber Baldet, the CEO of JPMorgan's Blockchain Centre of Excellence, is to leave her position at the bank, the company announced on Monday.

Mon, 02 Apr 2018 19:10:00 GMT

US banking regulators ease real estate regulation

US banking regulators agreed on Monday to ease lending rules on commercial real estate and increase the threshold necessary for an independent property appraisal.

Mon, 02 Apr 2018 19:08:05 GMT

Bloomberg: Apple to produce its own chips by 2020

Apple Inc plans to start producing its own chips for Mac computers by 2020, thus replacing the ones currently manufactured by Intel, as reported by Bloomberg.

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