News

Note: This section contains information in English only.
Wed, 25 Dec 2019 14:26:23 GMT

China issues bonds worth $557B

According to data issued by the People's Bank of China, the total value of bonds issued last month in China reached $557B.

Wed, 25 Dec 2019 13:36:45 GMT

Erdogan unexpectedly visits Tunisia

The President of Turkey Tayyip Erdogan on Wednesday arrived in Tunisia to meet with his colleague Kais Saied and discuss the situation in neighbour Libya.

Wed, 25 Dec 2019 12:03:29 GMT

Abe comments relations with China

The Japanese Prime Minister Shinzo Abe stated on Wednesday that bilateral relations with China could not be improved unless stability in the East China Sea was achieved.

Wed, 25 Dec 2019 11:25:45 GMT

Cinda Asset offers support to Peking Founder

According to sources familiar with the matter, Cinda Asset Management Group provided liquidity support worth nearly $1B to Peking Founder last week.

Wed, 25 Dec 2019 10:34:24 GMT

Trump, Xi to sign trade deal

The US President Donald Trump stated on late Tuesday that he and the Chinese President Xi Jinping would a hold a trade deal signing ceremony.

Wed, 25 Dec 2019 09:34:31 GMT

Harel Insurance to invest in US real estate

Harel Insurance Investments and Financial Service stated on Wednesday morning it would invest nearly $1.2B in the US real estate together with Manulife Investment Management.

Wed, 25 Dec 2019 07:58:48 GMT

China approves several infrastructure projects

The National Development and Reform Committee stated on Wednesday it has approved construction of an airport in the province of Jiangxi, high speed railway in the Liaoning and Jilin provinces and two other railways in the Inner Mongolia and Ningxia regions.

Wed, 25 Dec 2019 05:40:15 GMT

Crude oil prices surge

During Tuesday's trading session, crude oil price benchmarks surged, as an all out surge of commodities and other assets was taking place in thin trading

Wed, 25 Dec 2019 05:32:47 GMT

Stocks reach record high

On Tuesday, global stock indices reached new high levels. In the meantime, gold prices hovered above 1,500 USD mark.

Wed, 25 Dec 2019 03:40:20 GMT

US House aid comments on Boeing

An aid to the House of Representatives committee responsible for researching Boeing 737 MAX aircraft revealed that initial findings of the investigation are disturbing.

Tue, 24 Dec 2019 21:42:41 GMT

Oil prices up on supply cut pledges

Oil prices grew on Tuesday after Russia said that cooperation with OPEC on supply cuts is likely to continue and due to optimism the US and China's trade deal would finalise.

Tue, 24 Dec 2019 21:37:42 GMT

Boeing appoints new CEO

On Tuesday, Boeing Company announced that David Calhoun has been appointed as the new Chief Executive of the company.

Tue, 24 Dec 2019 19:53:16 GMT

Wesco seeks to buy Anixter

Wesco International, the industrial parts supplier, announced that it was seeking to buy Anixter International with the total equity value bid of $3B.

Tue, 24 Dec 2019 19:20:58 GMT

Israeli tech exits double to $10B

The total exits' value for Israeli tech startups jumped 102% to $9.9B this year, the PricewaterhouseCoopers' report showed.

Tue, 24 Dec 2019 18:02:19 GMT

China to increase jobs' support

China is expected to rise support for jobs to cope with higher pressure over job security due to internal and external challenges, as the economy slows.

Tue, 24 Dec 2019 16:53:24 GMT

Nissan's COO Seki to resign

Jun Seki, the Vice Chief Operating Officer of Nissan, announced its decision to resign in a move, which could disrupt the automaker's turnaround plan.

Tue, 24 Dec 2019 16:30:25 GMT

China to lower tariffs on avocados, frozen pork

China is set to lower tariffs over products, such as avocado and frozen pork, in 2020, as it looks to boost imports due to slowing economy and a trade war with the US.

Tue, 24 Dec 2019 14:40:13 GMT

Spirit Airlines buys 100 Airbus planes

On Monday, the US budget airline Spirit Airlines revealed that it would purchase 100 Airbus A320neo airplanes.

Tue, 24 Dec 2019 14:31:31 GMT

BMW is investigated by SEC

German automaker BMW revealed on Monday that the company is under US Securities and Exchange Commission investigation.

Tue, 24 Dec 2019 12:41:21 GMT

Brazilian government accepts banking bill

On Tuesday, the government of Brazil sent to the Congress for approval the law that would regulate financial entities during a banking crisis.

Tue, 24 Dec 2019 12:02:54 GMT

Thai factory output declines

Data published on Tuesday revealed that during November factory output of Thailand, compared on a year to year basis, declined by 7.1%.

Tue, 24 Dec 2019 10:40:35 GMT

Oil prices surge on Tuesday

During Tuesday's European trading session, crude oil price benchmarks moved higher. The move was attributed to an expected decline in US inventories.

Tue, 24 Dec 2019 10:30:56 GMT

Boeing fires CEO

On Monday, Boeing Company announced that it had fired its CEO Denis Muilenburg due to repeated failures to contain the 737 crisis.

Tue, 24 Dec 2019 08:41:53 GMT

Australian Dollar trades at high level

During Tuesday's Asian trading session, the Australian Dollar held near a four and a half month high level.

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