News

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Sun, 03 Mar 2019 07:11:52 GMT

Guaido to return to Venezuela

The self-proclaimed leader of Venezuela, Juan Guaido stated on Saturday that he would return back to Caracas after a trip to Ecuador.

Sun, 03 Mar 2019 05:50:34 GMT

British businesses report weakest growth since 2013

On Sunday, the Confederation of British Industry stated that Britain firms reported their weakest growth since April 2013 during the last three months, because of fears of no-deal Brexit.

Sun, 03 Mar 2019 05:50:25 GMT

Brexit-supporting MPs outline demands for EU deal

On Sunday, Brexit supporters gave the UK Prime Minister Theresa May three tests for EU deal to ensure their support.

Sun, 03 Mar 2019 05:20:09 GMT

Trump says US Dollar is too strong

The US President Donald Trump said on Saturday that the US Dollar is too strong and it hurts the United State's competitiveness.

Sun, 03 Mar 2019 05:19:55 GMT

Trump says North Korea has bright economic future

On Saturday, the US President Donald Trump said that North Korea has no economic future if it acquires nuclear weapons.

Sun, 03 Mar 2019 04:27:13 GMT

Turkey plans to cut inflation rate by 6-7%

On Saturday, the Turkish President Tayyip Erdogan said that Turkey plans to cut the inflation rate by 6 or 7%. However, he did not clarify how to reach the goal.

Sun, 03 Mar 2019 04:26:04 GMT

German utility EnBW plans to expand in energy trading

The Chief Financial Officer of Germany's utility EnBW Thomas Kusterer said on Saturday that the company plans to expand further in solar power and energy trading.

Sat, 02 Mar 2019 20:48:31 GMT

Qatari PM pays visits to Tunisia

The Qatari Prime Minister Abdullah bin Nasser bin Khalifa Al Thani started a two-day official trip to Tunisia, the Tunisian government says.

Sat, 02 Mar 2019 20:47:41 GMT

Japan jobless rate increases

The unemployment rate in Japan increased to 2.5% in January from 2.4% in December, the Ministry of Internal Affairs and Communications says.

Sat, 02 Mar 2019 20:28:33 GMT

S. Korea exports decline

Exports from South Korea declined for a third consecutive month to $39.56B in February on weak demand for local semiconductors, the Ministry of Trade, Industry and Energy reports.

Sat, 02 Mar 2019 20:27:54 GMT

India growth falls to 6.6% in Q4

The Indian economy expanded 6.6% in the last quarter of 2019, the slowest increase in a year, the Central Statistics Office reports.

Sat, 02 Mar 2019 19:35:53 GMT

Indonesia palm oil exports increase 4%

Exports of palm oil and derived products from Indonesia increased to 3.25M tons in January, an increase of 4% from the prior month, the Indonesian Palm Oil Producers Association says.

Sat, 02 Mar 2019 19:35:16 GMT

South Sudan raises telecom rates

South Sudan's telecom regulatory body increased local and international call rates by 40% following the depreciation of the South Sudanese pound.

Sat, 02 Mar 2019 17:57:34 GMT

Kenya issues $500M of debt to finance infrastructure projects

Kenya issued $500M of long term debt at 12.2% on Friday as the country seeks funds to finance infrastructure projects, the Central Bank of Kenya reports.

Sat, 02 Mar 2019 17:56:51 GMT

Kenya to invest $26B in housing sector by 2022

Kenya plans to invest $26B in the housing sector by 2022 to provide affordable housing, the Cabinet Secretary in the Ministry of Transport, Infrastructure, Housing and Urban Development James Macharia says.

Sat, 02 Mar 2019 17:38:24 GMT

Qatar, US discuss trade, peace

The Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani and the Senior Adviser to the US President Donald Trump Jared Kushner discussed Israel and Palestine relations and bilateral trade.

Sat, 02 Mar 2019 17:37:44 GMT

IMF experts to visit Ukraine

A team of experts from the International Monetary Fund will visit Ukraine to discuss economic developments and implementation of reforms, the IMF Resident Representative Goesta Ljungman reports.

Sat, 02 Mar 2019 16:02:09 GMT

Ukraine receives $602M loan

Ukraine has raised $602M through Deutsche Bank under the guarantee of the International Bank for Reconstruction and Development, the Ukrainian Finance Ministry reports.

Sat, 02 Mar 2019 16:01:49 GMT

Swiss economy expands 2.5%

The Swiss economy grew 2.5% in 2018 as the chemical and pharmaceutical sectors showed strong performance, the State Secretariat for Economic Affairs reports.

Sat, 02 Mar 2019 15:32:41 GMT

European Investment Bank provides $2.15B to Greece

The European Investment Bank provided $2.15B for energy and urban investment projects across Greece in 2018, the EIB Vice President Andrew McDowell says.

Sat, 02 Mar 2019 15:32:20 GMT

IMF praises Portugal efforts to combat crisis

Portugal deserves a huge credit for efforts in combating the economic crisis in the country, the Head of the International Monetary Fund Christine Lagarde says.

Sat, 02 Mar 2019 14:03:31 GMT

Number of online shoppers reaches 610M in China

The number of online shoppers in China reached 610M in December 2018, an increase of 14.4% from the prior year, the China Internet Network Information Center reports.

Sat, 02 Mar 2019 14:02:47 GMT

China, Nepal to build Huaxin Cement plant

China and Nepal entered into a joint venture to construct a new advanced $140M cement plant in the central Nepal, China's Huaxin Cement reports.

Sat, 02 Mar 2019 13:37:17 GMT

China B&R bond issuance rises

Eleven companies have issued a combined $3.5B of Belt and Road bonds since a financing channel has been introduced in 2018, the China Securities Regulatory Commission says.

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