News

Note: This section contains information in English only.
Tue, 13 Feb 2018 05:11:13 GMT

Samsung shares climb 5% on Tuesday

Shares of the South Korean technology company Samsung Electronics surged 5% on Tuesday due to strong demand from investors, following last week's heavy loss.

Tue, 13 Feb 2018 03:59:08 GMT

BoJ Kuroda sees cryptocurrency unlikely to threaten Yen

The Governor of the BoJ Haruhiko Kuroda stated that cryptocurrencies are unlikely to threaten the Yen any time soon, being mostly used for speculation, rather than for payments.

Tue, 13 Feb 2018 03:57:16 GMT

GM to shut plant in South Korea, more cuts expected

General Motors stated that it would shut one of the company's plants in South Korea and incur an impairment charge of $850M as a part of money-losing business restructuring.

Tue, 13 Feb 2018 03:30:18 GMT

Mood of Australian businesses improves last month

National Australia Bank reported that its Business Confidence Index came in at 12 points in January, up from the preceding month's 10.

Tue, 13 Feb 2018 03:29:21 GMT

Japanese producer prices rise in line with forecasts last month

The Bank of Japan reported on Tuesday that its PPI rose 2.7% year-over-year in January, after climbing 3.1% in the prior month, meeting analysts' expectations.

Mon, 12 Feb 2018 21:13:32 GMT

UK PM May urges parties of Northern Ireland to restore government

The Prime Minister of the UK Theresa May has urged the political parties of Northern Ireland to restore the devolved government, adding she sees the possibility of that happening in the nearest future.

Mon, 12 Feb 2018 21:11:01 GMT

Lloyds and RBS set new ethnic targets in top management

Two largest British banks, Lloyds Banking Group and Royal Bank of Scotland, claimed that new targets for a representation of ethnic minorities are set after allegations in a lack of diversity in leadership positions.

Mon, 12 Feb 2018 20:07:04 GMT

White House denies report regarding West Bank annexation

On Monday, the White House representative stated that the US and Israel had never discussed a proposal of possible annexation of West Bank by Israeli forces.

Mon, 12 Feb 2018 20:06:20 GMT

Tata Steel to finance Port Talbot plant

Indian conglomerate Tata Steel will invest in relining of a blast furnace in Port Talbot, South Wales, the largest steelworks in the UK, extending its lifecycle for seven years.

Mon, 12 Feb 2018 19:03:33 GMT

Trump rolls out infrastructure improvement plan

The US President Donald Trump has rolled out a fresh infrastructure plan asking the Congress to secure $200B over a decade to stimulate $1.5 trillion in improvements.

Mon, 12 Feb 2018 19:03:06 GMT

Merkel faces renewed criticism over coalition deal

On Monday, the Chancellor of Germany Angela Merkel and SPD's leader were under renewed pressure from their parties' members over the new coalition deal.

Mon, 12 Feb 2018 18:02:22 GMT

MetLife to boost investment in employees

The New York-based life insurer MetLife said it was working on a plan to boost investments in its employees by using the overhaul tax savings.

Mon, 12 Feb 2018 18:01:46 GMT

Amazon slashes Seattle jobs

The Seattle Times reported on Monday that Amazon is now slashing hundreds of jobs in Seattle. The retailer, however, has not yet commented on the matter.

Mon, 12 Feb 2018 17:07:07 GMT

Pence: US might boost talks with North Korea

The US Vice President Mike Pence's comments made on Monday reveal that the US may consider diplomatic talks with North Korea.

Mon, 12 Feb 2018 17:06:56 GMT

Credit Suisse expects four US rate hikes this year

On Monday, Credit Suisse's economists said they expected the Fed to increase interest rates four times this year on the back of last week's US budget deal.

Mon, 12 Feb 2018 16:25:32 GMT

Israeli PM discusses settlement annexation with US

The Israeli PM Benjamin Netanyahu revealed he was in talks with the United States about possible Jewish settlement annexation in West Bank.

Mon, 12 Feb 2018 16:24:52 GMT

Saakashvili deported to Poland

On Monday, the Ukrainian border service said the country's opposition leader Mikheil Saakashvili had been deported to Poland.

Mon, 12 Feb 2018 15:34:23 GMT

UK charity Oxfam's deputy head quits over sex scandal

On Monday, Oxfam's Deputy CEO Penny Lawrence resigned over the alleged sexual misconduct by the British charity's staff members, taking responsibility for organisation's failure to act adequately.

Mon, 12 Feb 2018 15:29:26 GMT

Greek PM urges to probe politicians in Novartis bribery case

On Monday, the Prime Minister of Greece Alexis Tsipras called on the Parliament to investigate politicians in the alleged Novartis bribery case.

Mon, 12 Feb 2018 14:32:54 GMT

German court finds Facebook personal data use illegal

Germany's court found Facebook's personal data use to be illegal, as the US social media service did not secure its users' informed consent adequately.

Mon, 12 Feb 2018 12:58:28 GMT

Honda to recall 350K vehicles in China amid engine issue

Japan's Honda Motor is planning to recall 350K cars in China in the carmaker's efforts to solve the cold-climate engine problem and quell plenty of customer complaints.

Mon, 12 Feb 2018 12:58:17 GMT

Unilever warns about online ad cuts over content

Unilever has threatened Google, Facebook and other digital companies to remove investment from their platforms, as they fail to improve consumer trust and transparency.

Mon, 12 Feb 2018 12:22:47 GMT

China's new loans hit record 2.9 trillion yuan in January

According to the People's Bank of China, the state's new loans hit record 2.9 trillion yuan, or $458.3B, over the course of January, topping analysts' forecasts.

Mon, 12 Feb 2018 12:22:33 GMT

Swiss January inflation in line with forecasts

Data released by the Swiss Federal Statistical Office on Monday showed that the country's CPI was down 0.1% in January, in line with analysts' expectations.

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