News

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Sun, 29 Sep 2019 11:59:12 GMT

IMF visits to Jordan to review economy

The International Monetary Fund visits Jordan to review economic developments in the country, a statement published by the IMF shows.

Sun, 29 Sep 2019 10:00:34 GMT

China manufacturing investment rises

Investment in the manufacturing industry expanded 12% in the first eight months of this year, compared to the same period the prior year, the National Development and Reform Commission reports.

Sun, 29 Sep 2019 09:10:39 GMT

UBS: Asia to see growth in sustainable investment

Asia is widely expected to see growth in sustainable investment amid changes in government policies in the last several years, a note published by the Swiss investment bank UBS Group AG shows.

Sun, 29 Sep 2019 08:26:00 GMT

China Trade Fair opens in Cairo

The China Trade Fair Egypt opened in Cairo at the International Convention Center for a sixth consecutive year on Sunday.

Sun, 29 Sep 2019 06:40:47 GMT

Ex-Ukraine PM urges to probe Biden

The former Ukrainian Prime Minister, Mykola Azarov, stated that Ukraine must start an investigation into Joe Biden's son and his activity in the gas company Burisma Holdings Limited.

Sun, 29 Sep 2019 06:31:00 GMT

SoftBank seeks its COO help on WeWork

Japan's SoftBank Group is seeking its Chief Operating Officer Marcelo Claure's help in the lender's attempts to turn WeWork around, after the company postponed its IPO last week.

Sun, 29 Sep 2019 05:11:12 GMT

US Treasury has no plans to delist Chinese firms

Bloomberg announced on Saturday that the United States had no immediate plans to halt listings of Chinese companies on the US stock exchanges, citing an official from US Treasury.

Sun, 29 Sep 2019 04:01:21 GMT

Austrians launch snap Parliamentary poll

On Sunday, Austrians vote in a snap Parliamentary election where Sebastian Kurz, the Conservative leader, is expected to win, while his potential choice of a coalition partner, with whom he would secure a majority, still remains unclear.

Sun, 29 Sep 2019 02:41:51 GMT

Trump explores delisting China's firms from US markets

Trump's Administration considers delisting Chinese firms from the US stock exchanges, potentially escalating the US-China trade tensions in a broader effort to limit the US investment in China's companies.

Sun, 29 Sep 2019 02:28:47 GMT

Herbalife set to pay $20M in false disclosure settlement

According to the US SEC, Herbalife Nutrition is set to pay $20M in settlement regarding charges that the company made misleading and false statements on its China business operations.

Sat, 28 Sep 2019 20:27:29 GMT

South Korea's export down 5.8%

The Bank of Korea reported on Saturday that the export volume index has dropped 5.8% in August, thus marking the fourth straight month of decrease.

Sat, 28 Sep 2019 19:29:05 GMT

China to continue industrial development

The Chinese Minister of Agriculture and Rural Affairs Han Changfu stated on Friday that the government would continue to stimulate industrial development in order to combat poverty.

Sat, 28 Sep 2019 18:24:11 GMT

China expresses support to Venezuela

The Chinese Foreign Minister Wang Yi on Friday supported the efforts made by the Venezuelan government to maintain sovereignty and social stability.

Sat, 28 Sep 2019 17:36:12 GMT

Brazil's Campos stresses importance of reforms

The head of Brazil's Central Bank Roberto Campos reminded on Thursday that economic reforms were vital for the achievement of sustainable growth of the country's economy.

Sat, 28 Sep 2019 16:33:19 GMT

China marks importance of relations with India

The Chinese Ambassador to India Sun Weidong highlighted on Thursday the importance of the development of relations of two neighbouring countries for the rest of the world.

Sat, 28 Sep 2019 15:27:22 GMT

Trump's envoy for Ukraine steps down

The US President Donald Trump's special envoy to Ukraine, Kurt Volker, has stepped down from his post on the back of an impeachment investigation of Trump, the State Press reported.

Sat, 28 Sep 2019 13:49:19 GMT

UK to bring back 16.7K Thomas Cook travellers on Saturday

The British Civil Aviation Authority announced that 76 flights were scheduled for Saturday to repatriate 16.7K of people to Britain after the collapse of the world's oldest travel company Thomas Cook.

Sat, 28 Sep 2019 12:47:28 GMT

France's Aigle Azur to halt activities as court refuses rescue bids

Aigle Azur, France's budget airline, ceased its activities at midnight on Friday, after the commercial court had rejected financial rescue bids, the French government said in a statement.

Sat, 28 Sep 2019 11:59:44 GMT

FTC asks AbbVie, Allergan for more info on $63B deal

The US Federal Trade Commission urged the botox maker Allergan and biopharmaceutical company AbbVie Inc to provide more information regarding their $63.0B deal, the firms announced.

Sat, 28 Sep 2019 11:00:56 GMT

China, Russia promise to strengthen strategic cooperation

The Chinese State Councilor and Foreign Minister Wang Yi and the Russian Foreign Minister Sergei Lavrov have agreed to strengthen cooperation between the two countries on the sidelines of the UN General Assembly.

Sat, 28 Sep 2019 10:36:02 GMT

China logistics sector expands

The logistics sector in China expanded 5.8% in the first eight months of 2019, compared to the same period the prior year, the China Federation of Logistics and Purchasing reports.

Sat, 28 Sep 2019 09:04:58 GMT

Italy to cooperate with China closely

The Belt and Road Initiative provides great opportunities for cooperation between China and Italy, the Italian Deputy Minister for Foreign Affairs and International Cooperation Marina Sereni says.

Sat, 28 Sep 2019 08:34:14 GMT

China approves new IPOs

The China Securities Regulatory Commission has approved IPOs of Keeson Technology, Lucky Harvest and Shaoxing BSM Chemical, a statement published by the authority shows.

Sat, 28 Sep 2019 06:57:48 GMT

SoftBank wants to turn WeWork around

According to a report published by Bloomberg, SoftBank Group Corp is calling its COO, Marcelo Claure, to help the company to turn around WeWork.

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