News

Note: This section contains information in English only.
Tue, 08 Aug 2017 09:34:15 GMT

Vietnam, China meeting cancelled amid South China Sea tensions

According to the China's embassy official, a planned meeting between Chinese and Vietnamese Foreign Ministers was cancelled amid rising tensions over the South China Sea between the two countries.

Tue, 08 Aug 2017 09:08:27 GMT

Wordplay, Vantiv postpone acquisition deal deadline

On Tuesday, the UK payments company Wordplay announced it had got the second deadline extension for their acquisition deal with Vantiv as two companies needed more time to come to a final agreement.

Tue, 08 Aug 2017 08:30:37 GMT

Australia to resolve same-sex marriage issue this year

Australia's PM Malcolm Turnbull stated on Tuesday that the country was set to vote on whether to approve same-sex marriage in November 2017 as it sought to resolve the long-stalled debate.

Tue, 08 Aug 2017 08:08:16 GMT

Didi Chuxing signs partnership deal with ride-hailing firm Careem

China's ride-sharing company Didi Chuxing made an investment in the Middle East's ride-hailing firm Careem, following their partnership agreement formed to boost Careem's services and position in the market.

Tue, 08 Aug 2017 06:57:42 GMT

Mazda hints at new engine

Mazda Motor Corp has announced that the company will launch a new type of gasoline engine in 2019. This unveils that traditional engines are at the centre of the company's strategy.

Tue, 08 Aug 2017 06:31:47 GMT

CEO of Commonwealth Bank loses bonus

The Australian based Commonwealth Bank on Tuesday cut the bonus of the CEO. The reason for the move were the recent allegations that the bank broke various financial laws.

Tue, 08 Aug 2017 06:16:50 GMT

Google fires anti-diversity employee

In an aftermath of the issue in Silicon Valley, after a Google engineer published a memo on biological causes for inequality in tech industry, the engineer has been fired.

Tue, 08 Aug 2017 06:15:28 GMT

Tesla looks into issuing junk bonds

Tesla representatives have announced that the company is looking into raising around $1.5 billion bu issuing junk bonds.

Tue, 08 Aug 2017 05:05:12 GMT

McDonald's plans to enhance its presence in China

The international fast-food chain McDonald's revealed its plans to open 2,000 new restaurants in China by 2022.

Tue, 08 Aug 2017 05:04:55 GMT

Tillerson arrives in Thailand

The US Secretary of State Rex Tillerson has arrived in the Kingdom of Thailand for an official visit. This is the first highest level visit since the military uprising in 2014.

Tue, 08 Aug 2017 04:22:58 GMT

Oil falls to $52.14

On Tuesday, crude oil prices fell by 0.4% or 23 cents amid a resumption of production at Libya's largest oil field.

Tue, 08 Aug 2017 04:16:42 GMT

Storm Franklin approaches Yucatan peninsula

According to the US National Hurricane Centre, the tropical storm Franklin is expected to hit the eastern side of the Mexico's Yucatan Peninsula. 

Tue, 08 Aug 2017 02:59:12 GMT

Australian business conditions, confidence jump in July

A measure of Australia's business conditions rose to the highest level since early 2008, amid strong profits and sales, while business confidence hit the pre-crisis levels in July.

Tue, 08 Aug 2017 02:59:02 GMT

Saudi Prince to invest more than $800M in Egypt

Alwaleed bin Talal, the Saudi Prince, is expected to invest over $800M in Egypt within his plan to develop the hotel, aviation and media sectors.

Tue, 08 Aug 2017 02:05:31 GMT

US Fed official supports keeping current rates in near term

The St. Louis Fed President James Bullard stated it's appropriate for the bank to keep current interest rates unchanged in the near future due to low inflation growth.

Tue, 08 Aug 2017 02:03:36 GMT

Renault signs joint venture deal in Iran

The French automotive company Renault announced that the company signed a new joint venture agreement in Iran with capacity of 150K vehicles a year.

Mon, 07 Aug 2017 17:50:21 GMT

Investor sentiment in Euro zone falls in August

Sentix reported that its Investor Confidence Index for the Euro zone dropped to 27.7 points in August, down from the prior month's 28.3, whereas analysts anticipated a fall to 27.8.

Mon, 07 Aug 2017 17:49:57 GMT

British house prices climb more than expected in July

Britain's Halifax reported on Monday that its House Price Index rose 0.4% last month, following the preceding month's fall of 0.9% and surpassing analysts' expectations for a 0.3% increase.

Mon, 07 Aug 2017 16:51:28 GMT

Tyson Foods beat analysts' expectations in Q2

The biggest US meat processor Tyson Foods Inc. reported better-than-expected profit and sales in the second quarter of 2017, driven primarily by increased export and meat prices.

Mon, 07 Aug 2017 16:51:06 GMT

Deutsche Bank leaves top rank of private banks

Germany's biggest lender Deutsche Bank left the rank of the world's TOP15 private banks in 2016, the researcher Scorpio Partnership reported on Monday.

Mon, 07 Aug 2017 16:01:41 GMT

Tillerson says US ready for dialogue with North Korea if missile tests are stopped

The US Secretary of State Rex Tillerson said on Monday that the United States was open for a dialogue with North Korea if the country ended its missile test launches.

Mon, 07 Aug 2017 15:58:45 GMT

UK's Corbyn says dialogue needed to stop violence in Venezuela

The leader of the British Labour Party Jeremy Corbyn said that a constructive dialogue that would respect the rights of all citizens was needed to halt violence in Venezuela.

Mon, 07 Aug 2017 15:19:00 GMT

German industrial output fell unexpectedly in June

Destatis reported that German industrial output dropped 1.1% in June, the first decrease in six months, while analysts expected a gain of 0.2%.

Mon, 07 Aug 2017 15:18:24 GMT

China and Africa to strengthen cooperation on renewable energy

China and Africa established the cooperation and innovation alliance, aiming to promote renewable energy and strengthen partnership between two countries.

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