News

Note: This section contains information in English only.
Tue, 23 Jan 2018 05:16:35 GMT

LG Display drives shares up by announcing production of OLED panels

LG Display Co Ltd. boosted its shares by 6.2% on Tuesday after announcing the production of plastic OLED panels in the third quarter of 2018.

Tue, 23 Jan 2018 05:14:52 GMT

BOJ leaves monetary policy unchanged

In accordance with expectations, the Bank of Japan kept its monetary policy unchanged on Tuesday, thus leaving its interest rates at -0.1% and 10-year bond yields near 0%.

Tue, 23 Jan 2018 04:19:47 GMT

Australia's wine exports to China increase after FTA cuts tariffs

Australian yearly wine exports to China grew 63% in the December quarter of 2017, as high-end sales surge and the FTA signed two years ago diminished import duties.

Tue, 23 Jan 2018 04:18:58 GMT

Samsung: US tariffs on washing machines cause great loss for consumers

Samsung Electronics stated that the decision of the US government to impose tariffs on washers was a great loss for the US consumers and workers.

Tue, 23 Jan 2018 02:59:58 GMT

Bacardi to acquire Patron Spirits for $5.1B

On Monday, Bacardi reported that it would buy Patron Spirits International for $5.1B, aiming to become the second biggest spirits company in the US.

Tue, 23 Jan 2018 02:58:40 GMT

US Tiger Global invests $1B in Britain's Barclays

Sources close to the matter reported that Tiger Global Management, an investment firm based in the US, invested more than $1B in Barclays.

Mon, 22 Jan 2018 21:00:46 GMT

Trump will approve immigration deal only if beneficial to US

The US President Donald Trump noted on Monday that the United States would struck an immigration deal only if it was beneficial for the country.

Mon, 22 Jan 2018 21:00:19 GMT

Report: business travel expected to thrive this year

Business travel is expected to grow in 2018 due to strengthening economic conditions and increased consumer confidence, American Express Global Business Travel reported on Monday.

Mon, 22 Jan 2018 20:19:29 GMT

Eurogroup Chairman opens candidacy for ECB Vice President

The Chairman of the Eurogroup Mario Centeno launched on Monday a call for candidates to replace the current ECB Vice President Vitor Constancio whose term concludes on May 31.

Mon, 22 Jan 2018 20:02:57 GMT

US senators reach deal to lift government shutdown

US senators reached an agreement on Monday to end the government shutdown, thus moving the legislation forward to the Senate and the House of Representatives.

Mon, 22 Jan 2018 19:05:50 GMT

Turkey wants international support for Afrin operation

On Monday, Turkey's Deputy Prime Minister said that the military operation in Afrin was continuing as planned and asked for worldwide support for the offensive.

Mon, 22 Jan 2018 19:05:27 GMT

Pence: US Embassy to move to Jerusalem in 2019

In a speech delivered to the Israeli parliament, the US Vice President Mike Pence said that the US Embassy in Israel would be moved from Tel Aviv to Jerusalem by late 2019.

Mon, 22 Jan 2018 18:20:18 GMT

Key Swiss crypto lawyer criticises ICO structure

Luka Mueller, a top Swiss cryptocurrency lawyer, has questioned the efficiency of the structure of initial coin offerings, calling it "old, inflexible and stupid".

Mon, 22 Jan 2018 18:19:11 GMT

Icahn and Deason called on Xerox to explore strategic options

Carl Icahn and Darwin Deason, Xerox's key investors, called on the company to explore strategic options and vowed to join forces to reshuffle the board.

Mon, 22 Jan 2018 17:20:44 GMT

Iraq to participate in Sochi Syria talks as observer

According to a tweet posted by the Iraqi PM Haider al-Abadi on Monday, Iraq has been asked to participate in Syria peace talks in Sochi this month as an observer.

Mon, 22 Jan 2018 17:19:37 GMT

Ford tests Focus prototypes on US roads

Ford is currently testing the redesigned 2020 Focus prototypes on American roads over a year ahead of the manufacturing launch in China.

Mon, 22 Jan 2018 16:14:53 GMT

Morgan Stanley: US shutdown to have small drag on GDP

Morgan Stanley's analysts stated on Monday that the US government shutdown would have a relatively small drag on the US economy's performance in the Q1 of 2018.

Mon, 22 Jan 2018 16:07:38 GMT

Canadian wholesale sales rise less than expected in November

Statistics Canada reported on Monday that wholesale sales rose 0.7% in November, following the prior month's climb of 1.6% and falling behind analysts'expectations for a 1.0% gain.

Mon, 22 Jan 2018 15:30:00 GMT

AIG to acquire Validus Holdings for $5.56B

On Monday, American International Group stated that it would acquire Validus Holdings in a deal worth $5.56B in cash to enhance its reinsurance business.

Mon, 22 Jan 2018 15:15:51 GMT

Third Point calls on Nestle to ramp up disposals

Nestle's US investor Third Point urged the company to make its corporate strategy clear and ramp up the "ill-fitting businesses" disposals.

Mon, 22 Jan 2018 14:33:38 GMT

Syria's Afrin death toll rises to 18

The SDF militia alliance reported on Monday that the death toll in Syria's region of Afrin had climbed to 18, including children and women.

Mon, 22 Jan 2018 14:29:53 GMT

Iraq to hold elections on May 12

On Monday, Iraq's Parliament announced the elections would be held on May 12, whose winner would have to rebuild the country after years of war with the Islamic State.

Mon, 22 Jan 2018 13:14:28 GMT

Tillerson visits $1B US embassy in London

The US State Secretary Rex Tillerson visited the new US embassy in London worth $1B that Donald Trump had criticised few days before, calling it a "bad deal" that was agreed by Obama's administration.

Mon, 22 Jan 2018 13:13:35 GMT

France accuses Iran of not respecting UN resolution

On Monday, French Foreign Minister accused Iran of not respecting the UN resolution, which calls on the country to abstain from its work on ballistic missiles.

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