News

Note: This section contains information in English only.
Thu, 08 Feb 2018 15:22:19 GMT

NYT tops estimates on strong growth, shares rise

The New York Times' revenue and profit beat market forecasts, driven by rapid growth in the publisher's digital business and sending the company's shares up 9% on Thursday.

Thu, 08 Feb 2018 14:33:31 GMT

Twitter's shares surge 25% on Q4 profit and revenue

Shares of Twitter rose 25%, following its report on the better-than-expected revenue and Q1 profit, trading at $33.70 pre-market on Thursday.

Thu, 08 Feb 2018 14:18:32 GMT

US jobless claims drop 9K last week

The number of applications for US unemployment benefits plunged 9K to 221K in the week ending February 3, missing analysts' forecasts for a rise to 232K.

Thu, 08 Feb 2018 13:02:40 GMT

North Korea seeks no US talks during Winter Olympics

According to the state media, North Korea is not planning a meeting with the US officials during South Korea's Winter Olympics that are set to start on Friday.

Thu, 08 Feb 2018 13:02:08 GMT

Thomson Reuters posts 3% jump in Q4 revenue

On Thursday, Thomson Reuters reported its Q4 revenue surged 3% to $2.94B, slightly missing analysts' expectations for $2.95B.

Thu, 08 Feb 2018 11:54:49 GMT

T-Mobile's profit grows to record $2.7B in 4Q2017

The profit of T-Mobile US Inc rose from $390M to $2.7B year-on-year during the fourth quarter of 2017, driven primarily by a $2.2B gain from the new US tax law.

Thu, 08 Feb 2018 11:53:37 GMT

ECB tightens regulation on riskier types of collateral

The European Central Bank has tightened rules on collateral in order to prevent Euro zone banks from obtaining its riskier types, such as CMBSs.

Thu, 08 Feb 2018 11:31:38 GMT

Roskomnadzor to audit Facebook in year's second half

On Thursday, the Russian watchdog Roskomnadzor stated it was planning to conduct an audit into how Facebook complied with Russia's legislation in this year's second half.

Thu, 08 Feb 2018 11:27:50 GMT

Hong Kong imposes $5M fine on Credit Suisse Group

Hong Kong securities regulator fined Credit Suisse Group's local units $5M for its internal control failures, which led to regulatory breaches by the Swiss bank.

Thu, 08 Feb 2018 10:34:55 GMT

Greek jobless rate holds on 20.9% in November

According to the statistics service ELSTAT, the unemployment rate in Greece remained steady in November at 20.9%, compared to the prior month's reading.

Thu, 08 Feb 2018 10:32:16 GMT

Shareholders sue Wynn Resorts board for failing to probe CEO

Shareholders sued the Wynn Resorts board, accusing it of knowing that the CEO Steve Wynn had been accused of sexual harassment and failed to probe the case.

Thu, 08 Feb 2018 09:35:04 GMT

Swiss Re considers selling minority stake to SoftBank

Swiss Re is in talks to sell its minority stake to SoftBank in a possible deal that could be worth $10B or more.

Thu, 08 Feb 2018 09:33:30 GMT

Airbus shares drop amid A400M provision warning

On Thursday, shares in Airbus plummeted about 1%, following the company's warning on a provision increase for losses on the back of its contract for the A400M military jets.

Thu, 08 Feb 2018 08:34:31 GMT

South Korea's Moon to host North's Olympics delegation

South Korea's President Moon Jae-in is set to meet the members of the North Korean Olympics delegation this Saturday, including sister of the North Korean leader Kim Yo-jong.

Thu, 08 Feb 2018 08:29:21 GMT

Three-way summit on Syria to be held in Istanbul

On Wednesday, Russia and Turkey agreed that their next summit with Iran over Syrian conflict would take place in Istanbul, a source close to the Turkish President reported.

Thu, 08 Feb 2018 07:30:55 GMT

Airbus: A400M deal to limit future losses

Airbus announced on Wednesday about possible write-offs on the planemaker's troubled A400M military jet, adding that a new deal with NATO buyers should limit the future losses.

Thu, 08 Feb 2018 07:25:52 GMT

Samsung chairman suspected of links to tax evasion case

On Thursday, South Korea's police named Samsung Electronics chairman Lee Kun-he as a suspect in the $7.5M tax evasion case, which involved bank accounts use held by employees.

Thu, 08 Feb 2018 06:26:45 GMT

Tesla follows Model 3 goal, warns on higher spending in 2018

Tesla states that the company was sticking with CEO Elon Musk's production goal for Model 3 sedan, but warned that its spending could increase this year amid growing demand for cash.

Thu, 08 Feb 2018 06:14:59 GMT

McDermott sees NZ economy improving, support needed

John McDermott, the Assistant Governor, stated that the Reserve Bank of New Zealand does not need to hike rate even with the full-capacity economic growth, as inflation still requires a momentum.

Thu, 08 Feb 2018 05:33:01 GMT

BlackRock to raise $10B for equity investments

BlackRock would raise nearly $10B within the company's new business that is likely to take stakes in firms, according to sources familiar with the matter.

Thu, 08 Feb 2018 05:30:13 GMT

Wiiliams: Fed unlikely to overreact to strong economic data

San Francisco Fed President John C. Williams stated that the Federal Reserve is set to stick to plan for gradual and steady interest rate hikes, despite strong US data and market gyrations.

Thu, 08 Feb 2018 04:34:41 GMT

LG to hike washer prices 4-8% after tarrifs

LG Electronics stated that it would rise prices of washers in the United States by 4-8%, after the Trump administration set tariffs on imported washers.

Thu, 08 Feb 2018 04:29:42 GMT

EU seeks compensation from US on solar panels

The European Union was sending the United States a demand for negotiations on compensation for the US tariffs placed on solar panels, which were imported.

Thu, 08 Feb 2018 02:51:45 GMT

Japan overall bank lending rises 2.4% last month

The BoJ reported that overall bank lending increased 2.4% year-on-year in January, following the preceding month's climb of 2.5% and meeting analysts' expectations.

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