News

Note: This section contains information in English only.
Sun, 24 Mar 2019 08:26:25 GMT

China to increase financial supervision

The People's Bank of China Governor Yi Gang stated on Sunday that the government would increase supervision of the key holding companies and financial institutions amid opening of its financial sector.

Sun, 24 Mar 2019 08:23:21 GMT

China intends to achieve 2019 targets

The China's Vice Premier Han Zheng stated on Sunday that the government was confident that it would manage to achieve 2019 economic targets despite a number of a new obstacles.

Sun, 24 Mar 2019 07:01:06 GMT

Italy backs Chinese Belt and Road infrastructure project

On Saturday, Italy became the first Western power to support the Chinese ambitious Belt and Road infrastructure project.

Sun, 24 Mar 2019 07:00:58 GMT

China to continue reform in railway, oil and gas

On Sunday, the Chinese Vice Chairman of the state planner said that China would continue its reform in oil and gas, railway and electric.

Sun, 24 Mar 2019 06:00:43 GMT

UK PM May's top ministers plan to oust her

According to the Sunday Times report, the UK Prime Minister Theresa May's top ministers are planning to remove her from office within days.

Sun, 24 Mar 2019 06:00:35 GMT

Italy signs preliminary accord with China

On Saturday, Italy has signed a deal worth of 2.6 billion euros with China, that makes Italy the first country of G7 to join the Chinese ambitious Belt and Road infrastructure plan.

Sun, 24 Mar 2019 04:59:55 GMT

British entrepreneur Lynch denies new US criminal charges

On Saturday, the spokesperson for Britain's entrepreneur Mike Lynch has denied new US criminal charges against the businessman.

Sun, 24 Mar 2019 04:59:47 GMT

Turkey's banking watchdog to investigate JP Morgan

The Turkish banking watchdog said it was investigating JP Morgan and other banks over claims, that some banks lead clients to buy foreign currencies in a manipulative and misleading way.

Sun, 24 Mar 2019 04:02:41 GMT

Thai king calls for security and happiness ahead of first election

Thailand's king Maha Vajiralongkorn made a surprise call for security and happiness, as the country prepares for its first election since 2014.

Sun, 24 Mar 2019 04:02:32 GMT

Pakistan wants peace with India

On Saturday, the Pakistani President Arif Alvi called for peace with India and said that both countries should focus on education and health care.

Sat, 23 Mar 2019 20:55:14 GMT

China non-cash payments increase

The amount of non-cash payments increased 0.33% in the last three months of 2018, compared to the same period in 2017, the People's Bank of China reports.

Sat, 23 Mar 2019 20:54:25 GMT

Unemployment in Taiwan increases

Taiwan's unemployment rate increased to 3.72% in February from 3.64% in January, the National Statistical Office reports.

Sat, 23 Mar 2019 20:36:08 GMT

Chinese VP meets Apple CEO

The Chinese Vice Premier Sun Chunlan met with the Apple CEO Tim Cook to discuss China-US business relations and cooperation in the education sector.

Sat, 23 Mar 2019 20:35:24 GMT

China asks US to stop sales of arms to Taiwan

China urges the US to stop selling arms to Taiwan after the US government decision to approve F-16 fighter jets sales to the country.

Sat, 23 Mar 2019 18:49:55 GMT

US budget deficit sets record high

The US budget deficit reached $234B in February, the largest budget deficit on record for a single month, the US Treasury Department reports.

Sat, 23 Mar 2019 18:49:12 GMT

IHS: business growth slows

The US business activity slowed down to 54.3 in March from 55.5 in February, the US Composite Purchasing Managers' Index released by the IHS Markit shows.

Sat, 23 Mar 2019 18:35:32 GMT

Ukraine economy expands

The Ukrainian economy expanded 3.3% in 2018, the largest expansion in 7 years, the Ukrainian Economic Development and Trade Ministry reports.

Sat, 23 Mar 2019 18:34:12 GMT

GM to invest $300M to produce EV

General Motors plans to invest $300M in its US assembly plant in Michigan to manufacture a new Chevrolet electric vehicle, the US automaker says.

Sat, 23 Mar 2019 17:16:27 GMT

Ukraine-Belarus trade expands

Trade between Belarus and Ukraine increased for a third consecutive year to $5.3B in 2018 from $4.6B in 2017, the Ukrainian State Statistics Service reports.

Sat, 23 Mar 2019 17:15:47 GMT

US Treasury sanctions Venezuela financial institutions

The US Treasury has sanctioned the Venezuelan Economic and Social Development Bank as well as other financial institutions over an arrest of Guaido's aide.

Sat, 23 Mar 2019 16:26:52 GMT

China regulator approves 3 new IPO

The China Securities Regulatory Commission has approved IPO applications from semiconductor producer Beken Corporation, Sichuan Teway Food and Hangzhou DPtech Technologies.

Sat, 23 Mar 2019 16:26:12 GMT

PBOC: business confidence improves

Business confidence improved in the first quarter of 2019 after declining for two consecutive quarters, the People's Bank of China reports.

Sat, 23 Mar 2019 15:15:38 GMT

Zambia welcomes BRI construction

The Minister of Transport and Communication of Zambia Brian Mushimba supported on Saturday the Belt and Road Initiative (BRI), saying it would give African nations needed financing for realization of multiple infrastructure projects.

Sat, 23 Mar 2019 15:12:59 GMT

Philippines report progress on national infrastructure projects

On Wednesday, the Philippine Finance Secretary Carlos Dominguez reported about a progress achieved in the execution of a number of infrastructure projects sponsored by the China's Official Development Assistance.

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