News

Note: This section contains information in English only.
Sun, 17 Nov 2019 08:22:28 GMT

Saudi Aramco not marketing IPO in US

On Sunday, Reuters revealed that Saudi Aramco would not market its IPO in the United States.

Sun, 17 Nov 2019 07:39:34 GMT

Microsoft probe to its funded Israeli start-up

Microsoft is set to investigate whether the facial recognition technology's use developed by an Israeli start-up it funded complied with the company's ethics principles.

Sun, 17 Nov 2019 06:48:57 GMT

US to extend license for Huawei to continue business

The Trump administration is set extend a license allowing the US companies to proceed doing business with China's Huawei for two weeks.

Sun, 17 Nov 2019 03:43:17 GMT

Foton set to sell 200K new energy commercial cars

Daimler's Beigi Foton Motor, the truck venture partner in China, aimed to sell 200K new energy commercial cars a year by 2025.

Sun, 17 Nov 2019 03:34:16 GMT

Poland's GDP growth slows in Q3

Poland's GDP rose 3.9% on a yearly basis in the Q3, after 4.6% increase in the prior quarter, missing estimates, as weaker expansion in industry and construction offset consumer demand.

Sat, 16 Nov 2019 21:01:07 GMT

Rwanda GDP to expand 8.5% in 2019

Rwanda's GDP is expected to expand by 8.5% in 2019 and 8.1% the next year, the governor of the National Bank of Rwanda John Rwangombwa says.

Sat, 16 Nov 2019 20:13:40 GMT

China private equity funds manage $1.96T

China's private equity funds managed around $1.96T of assets at the end of October, an increase of 2.23% from the prior month, the Asset Management Association of China reports.

Sat, 16 Nov 2019 19:00:38 GMT

China, Oman agree to improve ties

The chairman of the National Committee of the Chinese People's Political Consultative Conference Wang Yang and the Chairman of the Omani State Council Yahya bin Mahfoudh al-Mantheri have agreed to improve ties between the two nations.

Sat, 16 Nov 2019 18:07:41 GMT

Share of international assets in Macao banking sector declines

The share of international assets in total banking assets of Macao declined to 85.4% in the third quarter of the current year, the Monetary Authority of Macao reports.

Sat, 16 Nov 2019 17:14:40 GMT

China has around 7000 ongoing PPP projects

China has around 7000 ongoing public-private projects with a total value of about $1.28T, a report published by the National Development and Reform Commission shows.

Sat, 16 Nov 2019 16:23:30 GMT

Merkel offers electric buses to Delhi

The German Chancellor Angela Merkel offered German made electric buses to Delhi to replace existing diesel buses to combat severe air pollution in the capital of India.

Sat, 16 Nov 2019 10:45:19 GMT

Volkswagen invests in new cars

On Friday, Volkswagen stated that by 2024 it would invest 60 billion euros in the development of electric and hybrid cars.

Sat, 16 Nov 2019 09:42:08 GMT

US companies praise consumers

During this week, various companies stated in their earnings reports that US consumer demand has been strong during the last quarter.

Sat, 16 Nov 2019 08:58:00 GMT

EU files complaint against Colombia

The European Union on Friday filed a World Trade Organization complaint against Columbia over import duties set on frozen potato fries.

Sat, 16 Nov 2019 06:52:50 GMT

ECB's Visko warns Europe

On Friday, Member of ECB's Governing Council Ignazio Visco stated that attempts to reform the European Stability Mechanism could do more harm than good.

Sat, 16 Nov 2019 06:12:08 GMT

Global debt reaches record high

The Institute of International Finance on Friday revealed that global debt by the end of 2019 should reach above $255 trillion.

Sat, 16 Nov 2019 05:26:46 GMT

Bank of Italy investigates bad loans

On Friday, Reuters revealed that the Bank of Italy has been gathering data on bad loan repayments. During the past three years, Italian banks have sold off bad loans valued nearly 180 billion Euros.

Sat, 16 Nov 2019 04:20:36 GMT

Irish PM comments on Brexit

The Prime Minister of Ireland Leo Varadkar stated on Friday that a free trade deal between the EU and UK could be done by the end of 2020.

Sat, 16 Nov 2019 03:41:29 GMT

Apple expects larger ad income

On Friday, Apple stated that during the next six years the company expects its annual ad revenues to grow to $11 billion.

Sat, 16 Nov 2019 03:31:47 GMT

Wall Street hits record high

During Friday's US trading session, US stock indices hit record high levels. The surge was mainly fuelled by higher than expected earnings reports, which were caused by monetary easing.

Fri, 15 Nov 2019 20:51:52 GMT

Hong Kong falls into recession

Data published on Friday revealed that the economy of Hong Kong has fallen into a recession, as in the last quarter it shrunk by 3.2%.

Fri, 15 Nov 2019 19:42:48 GMT

Alibaba covers listing bookbuild

On Friday, Reuters revealed that the institutional bookbuild of Alibaba's Hong Kong listing has been covered multiple times.

Fri, 15 Nov 2019 19:33:53 GMT

Boris Johnson comments on Labour statement

On Friday, the Prime Minister of the United Kingdom Boris Johnson stated that the Labour promise to nationalize BT's network is a crazed Communist scheme.

Fri, 15 Nov 2019 18:25:03 GMT

South African Airways workers strike

The unions of the workers of South African Airlines on Friday began a strike, which would cost the company $3.36 million per day.

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