News

Note: This section contains information in English only.
Fri, 09 Feb 2018 08:29:58 GMT

Saverin's VC firm B Capital Group raises $360M fund

The venture capital company owned by Facebook co-founder Eduardo Saverin B Capital Group has raised $360M fund, as the firm seeks investing into technology start-ups.

Fri, 09 Feb 2018 07:34:35 GMT

Qualcomm declares off Broadcom's revised buyout bid

On Thursday, the US semiconductor firm Qualcomm had rejected the revised $121B buyout offer by Broadcom; however, it proposed a meeting with its peer to discuss the bid.

Fri, 09 Feb 2018 07:30:34 GMT

Tencent to invest $474M into China's Shanda Games

Chinese Shanda Games stated on Friday that Tencent Holdings was planning to provide the smaller peer with $474M investment, seeking to bolster its lead in the country's video game market.

Fri, 09 Feb 2018 06:28:44 GMT

Turkey's warplanes hit Kurdish YPG targets in Afrin

According to the Hurriyet newspaper and a number of other sources current on the matter, Turkish warplanes struck several Kurdish militia targets in Afrin, Syria, on Friday.

Fri, 09 Feb 2018 06:28:03 GMT

Mexico: NAFTA car origin rules to change

The Economy Minister of Mexico Ildefonso Guajardo said that the state had to be prudent on the rules of origin for autos under the NAFTA, adding the current levels will certainly change.

Fri, 09 Feb 2018 05:23:41 GMT

Mattis: DACA service members not to be deported

The US Defence Secretary Jim Mattis revealed that service members in the DACA programme would generally not be deported.

Fri, 09 Feb 2018 05:22:48 GMT

Coincheck to lift curbs on Yen withdrawals

Local media reported that the Japanese virtual currency exchange Coincheck sought to resume Yen withdrawals on Tuesday, 13 February.

Fri, 09 Feb 2018 04:41:05 GMT

Yahoo, SoftBank, Aeon to launch retail business online

Yahoo Japan, SoftBank Group and Aeon announced plan to launch online buisness, which would include selling of clothes, food and everyday goods.

Fri, 09 Feb 2018 04:40:01 GMT

SoftBank, DiDi to create taxi venture in venture in Japan

China's ride hailing major Didi stated that it would create a venture with SoftBank to supply ride-hailing and other services for Japan's taxi industry.

Fri, 09 Feb 2018 02:53:34 GMT

Chinese producer prices post 4.3% increase in January

Chinese producer prices advanced were 4.3% up year-over-year in January, following the preceding month's rise of 4.9% and slightly missing analysts' expectations for a gain of 4.4%.

Fri, 09 Feb 2018 02:52:35 GMT

Chinese consumer prices rise in line with forecasts

The National Bureau of Statistics of China reported that its CPI rose 1.5% on an annual basis in January, after climbing 1.8% in the prior month, meeting analysts' forecasts.

Thu, 08 Feb 2018 20:53:00 GMT

US, China to continue pressuring North Korea over nuclear weapons

Representatives from the United States and China reaffirmed on Thursday their commitment to keep pressure on North Korea over its nuclear program and illegal weapons.

Thu, 08 Feb 2018 20:52:41 GMT

Technology companies call for restored net neutrality rules

Such technology companies as Alphabet Inc, Facebook Inc and Microsoft Corp presented a letter of support to the US Senate over reversing the FCC's vote on net neutrality rules.

Thu, 08 Feb 2018 20:08:47 GMT

Sell-off of US stocks continues

US stocks and major indexes fell to new lows on Thursday, driven by increased market volatility and higher bond yields.

Thu, 08 Feb 2018 19:56:10 GMT

Bank of Mexico lifts interest rate to 7.50%

The Bank of Mexico raised its benchmark interest rate MXCBIR=ECI by 25 basis points to 7.50% on Thursday in an attempt to reduce inflationary pressure.

Thu, 08 Feb 2018 19:12:28 GMT

Uber and Yandex.Taxi ridesharing apps complete merger deal

San-Francisco-based Uber and Russian tech giant Yandex completed a deal to merge their ride-sharing businesses in Russia and neighbour countries to form a new joint venture. 

Thu, 08 Feb 2018 18:53:21 GMT

Anti-China legislation softened after protests of US companies

The suggested anti-Chinese legislation, aimed at limiting the acquisition of sensitive technologies by Chinese companies, was softened after today's protests of US tech giants.

Thu, 08 Feb 2018 18:12:54 GMT

Brussels doubts about Brexit in 2020

According to Brussels officials, the UK will not be ready to leave the European Union by 2020 as the UK will need extra time to finalise a free trade agreement. 

Thu, 08 Feb 2018 17:55:59 GMT

UK PM seeks faster Brexit transition deal

On Thursday, the Prime Minister of the UK Theresa May will state to major Japanese firms that her government is seeking a faster transition period for Brexit.

Thu, 08 Feb 2018 17:04:39 GMT

Moscovici wants Greek medium-term debt relief by June

Pierre Moscovici, Europe's Commissioner for Economic and Financial Affairs, said on Thursday that a global agreement on measures for the Greek medium-term debt relief must be reached by June.

Thu, 08 Feb 2018 17:03:44 GMT

ECB's Mersch says cryptos require global regulation

On Thursday, the ECB Executive Board member Yves Mersch said virtual currencies and financial institutions that trade them should be closely regulated.

Thu, 08 Feb 2018 16:25:29 GMT

Canada's NHPI unaltered in December

According to the data released by Statistics Canada, prices for new houses in Canada were unaltered in December 2017, still showing a moderate growth in some markets.

Thu, 08 Feb 2018 16:24:48 GMT

Canadian housing starts steadily solid in January

The Canadian Mortgage and Housing Corporation revealed on Thursday that the trend in the country's housing starts held steady for the third consecutive month in January.

Thu, 08 Feb 2018 15:34:55 GMT

YT finds no evidence Russia interfered in Brexit referendum

YouTube's Senior Executive stated on Thursday it had found no evidence that Russia interfered in the 2016 Brexit referendum.

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