News

Note: This section contains information in English only.
Sun, 31 Mar 2019 15:54:09 GMT

Facebook CEO: internet regulations to be updated

Mark Zuckerberg, the CEO of Facebook, called for regulators to be more active in establishing rules, which govern the internet, as the social media network struggled to defuse criticism.

Sun, 31 Mar 2019 15:53:40 GMT

Italy unlikely to change fiscal stance amid zero growth

Italy is unable to afford fiscal expansion while its economic growth was heading to near to zero, Giovanni Tria, the country's Treasury Minister, stated.

Sun, 31 Mar 2019 14:59:32 GMT

Cheniere Energy: LNG deals with China on hold

An executive of Cheniere Energy stated that deals with China for LNG were put on hold until the moment the country's trade dispute with the US is resolved.

Sun, 31 Mar 2019 14:56:55 GMT

Alibaba acquires Teambition, Slack competitor

Alibaba acquired Teambition, the platform for coworkers' collaboration similar to Slack and Trello, which raised nearly $17M in private financing.

Sun, 31 Mar 2019 14:27:06 GMT

Uzbekistan to transfer factories with boiler equipment to other fuels

Uzbekistan drafted a government decree, which is likely to order brick, lime and cement factories, as well as companies with boiler equipment to use alternative fuel instead of natural gas.s.

Sun, 31 Mar 2019 14:22:44 GMT

Ford to recall 610 cars in China

Ford Motor announced a plan to recall 610 cars sold in China's market amid defective electronic throttles, the Chinese market regulator stated.

Sun, 31 Mar 2019 13:33:05 GMT

Chinese factory activity strengthens in March

China's factory activity grew unexpectedly for the first time in the four-month period in March, an official survey revealed, suggesting that government stimulus measures started to take hold.

Sun, 31 Mar 2019 13:29:15 GMT

UK has limited options over Brexit

Britain has limited options available over Brexit and lawmakers should support the PM Theresa May's quit deal to avoid an exit with 'no deal' or no Brexit at all, the deputy Chairman of Conservative Party stated.

Sun, 31 Mar 2019 12:33:44 GMT

China's services sector expands in March

The Chinese services PMI increased to 54.8 in March from 54.3 in the previous month, offering respite for a weakening economic growth, an official survey revealed.

Sun, 31 Mar 2019 12:29:47 GMT

External debt of Uzbekistan up to $17.3B

Uzbekistan's external debt rose 9.5% in 2018 from the prior year, reaching $17.3B as of January 1 this year, the country's Central Bank stated.

Sun, 31 Mar 2019 11:12:21 GMT

China investigates tax abuse

The Chinese tax authorities announced on Sunday that the government has launched a two month investigation into the abuse of recent tax reforms.

Sun, 31 Mar 2019 11:11:55 GMT

ECB policymakers comment on policy

On Sunday, the governor of the Dutch central bank announced that he expects the EU economy to pick up in the second half of 2019. Due to that reason restricting policy might be enacted.

Sun, 31 Mar 2019 10:37:19 GMT

Trump cuts aid to Central America

The US President on Sunday announced that he is cutting all financial aid to the central american countries that are involved in the current migrant crisis.

Sun, 31 Mar 2019 10:36:54 GMT

Saudi Arabian debt increases

On Sunday, it was announced that Saudi Arabian sovereign debt is expected to increase by $31 billion during 2019.

Sun, 31 Mar 2019 07:23:58 GMT

China's banking sector continues to grow

According to data published by the China Banking and Insurance Regulatory Commission, the number of assets held by the country's financial institutions in February increased by 7.1%, reaching nearly $39.6T.

Sun, 31 Mar 2019 07:19:13 GMT

US decreases aid to Latin American countries

On Saturday, the US Government cut financial support to Honduras, Guatemala and El Salvador due to the continuation of the migrant flow to the US-Mexico border.

Sat, 30 Mar 2019 20:48:52 GMT

Albanian economy expands

The economy of Albania expanded 4% in 2018 after an increase of 3.8% in 2017, the former Minister of Finance and Economy Arben Ahmetaj says.

Sat, 30 Mar 2019 20:47:49 GMT

China approves new IPO applications

The China Securities Regulatory Commission has approved IPO applications of Shenzhen Zhilai Sci and Tech, South New Media and Shenzhen Dynanonic.

Sat, 30 Mar 2019 20:35:30 GMT

Kenya mobile sector expands

The mobile sector in Kenya expanded 6.2% in the last quarter of 2018 to 49.5M subscriptions from 46.6M subscriptions in the third quarter, an industry report shows.

Sat, 30 Mar 2019 20:34:50 GMT

Bank of China maintains stable growth

Bank of China, one of the largest lenders in China, earned $26.8B in 2018, an increase of 4.45% from the previous year, a statement released by the bank shows.

Sat, 30 Mar 2019 19:25:09 GMT

China inflation to increase

The Chinese inflation is likely to increase in March to 2.4%, compared to the same month the prior year, the Bank of Communications reports.

Sat, 30 Mar 2019 19:24:26 GMT

China Agricultural Bank promises more loans

Agricultural Bank of China, one of the largest banks in the country, plans to issue $19.6B of loans to private businesses this year, bank officials say.

Sat, 30 Mar 2019 18:41:57 GMT

Russia to simplify visa regime with Algeria

Russia plans to examine ways of simplifying the visa regime with Algeria, the Russian Foreign Minister Sergei Lavrov says during a visit to the country.

Sat, 30 Mar 2019 18:41:36 GMT

Algeria, Russia to enhance economic ties

Algeria and Russia agreed to further improve bilateral cooperation during a visit of the Russian Foreign Minister Sergei Lavrov to the North African country.

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