News

Note: This section contains information in English only.
Mon, 08 Feb 2021 11:27:58 GMT

Oil trades above $60

During Monday's European trading hours, the prices for oil reached above the $60 mark, as demand was expected to return in 2021.

Mon, 08 Feb 2021 09:57:35 GMT

Asian shares edge higher

On Monday, Asian shares remained near record levels. MSCI's broadest index of Asia-Pacific shares outside Japan was last up by 0.30% at 717.2.

Mon, 08 Feb 2021 09:01:24 GMT

Blackstone commits $150M to ApaH Capital

According to sources with knowledge of the matter, the world's largest hedge fund investor Blackstone Group is investing $150M in new hedge fund ApaH Capital.

Mon, 08 Feb 2021 07:59:30 GMT

China hits Vipshop with $464K fine

On Monday, the Chinese authorities slapped Vipshop Holdings with a $464,000 fine, as the online retailer was punished for violating the unfair competition law.

Mon, 08 Feb 2021 07:00:41 GMT

Dialog in talks with Renesas about $6B sale

On Sunday, Dialog Semiconductor confirmed that it was in high-level discussions with Renesas Electronics about a possible $6 billion sale.

Mon, 08 Feb 2021 06:02:25 GMT

Yellen comments on recent market volatility

On Sunday, the US Treasury Secretary Janet Yellen stated that it is too early to say if changes are needed to address the recent financial market volatility.

Mon, 08 Feb 2021 05:02:03 GMT

KIA, Hyundai shares decline

Shares of Hyundai Motor and KIA Corp edged lower on Monday after the automakers confirmed that it is not in discussions with Apple Inc to develop autonomous electric vehicles.

Mon, 08 Feb 2021 04:01:31 GMT

Bank of Israel buys $6.8B of foreign currency

On Sunday, the Israeli Central Bank announced that it purchased $6.8 billion of forex last month, as Israel's Shekel hit 3.11 per US Dollar on January 14, the strongest level since April 1996.

Mon, 08 Feb 2021 02:34:06 GMT

Exports from UK to EU decline by 68%

The International members at the Road Haulage Association reported that exports from the United Kingdom to the EU declined by 68% last month.

Sun, 07 Feb 2021 21:16:28 GMT

Dialog holds talks with Renesas

Dialog Semiconductor stated on Sunday that it was in the process of negotiations with Renesas about a possible $6B sale.

Sun, 07 Feb 2021 20:37:39 GMT

Rolls-Royce to put on hold part of business

Rolls-Royce made a decision to put on hold the work of its civil aerospace unit for two weeks in summer.

Sun, 07 Feb 2021 19:03:50 GMT

Argentina continues talks with IMF

The President of Argentina Alberto Fernández stated on Sunday that the International Monetary Fund (IMF) must offer more flexible terms or the government would be forced to raise taxes.

Sun, 07 Feb 2021 18:00:51 GMT

China releases new anti-monopoly rules

On Sunday, the Chinese market regulator issued new anti-monopoly rules that target China's tech giants.

Sun, 07 Feb 2021 16:57:13 GMT

Telenor restores internet access in Myanmar

On Sunday, the Norwegian telecommunications company Telenor announced that it has restored Myanmar's internet access.

Sun, 07 Feb 2021 15:59:26 GMT

Khamenei says US must lift sanctions

On Sunday, the Iranian Supreme Leader Ayatollah Ali Khamenei stated that the United States must lift all sanctions before Iran return to the 2015 nuclear agreement.

Sun, 07 Feb 2021 15:00:25 GMT

Ecuador votes for new president

On Sunday, Ecuadorians went to the polls to elect a new president with several voters weary of economic austerity rules and leaned towards socialism.

Sun, 07 Feb 2021 14:00:38 GMT

Tens of thousands protest Myanmar's military coup

On Sunday, tens of thousands of protesters took to the streets of Myanmar's largest city to opposed the military coup and demanded the release of ousted civilian leader Aung San Suu Kyi.

Sun, 07 Feb 2021 13:37:37 GMT

G4S to speak with City's takeover panel

According to the Telegraph, the UK security group G4S is planning to hold talks with takeover panel of the City over the possible auction and the company's takeout.

Sun, 07 Feb 2021 12:33:22 GMT

Daimler to supervise its truck unit

According to the Frankfurter Allgemeine Sonntagszeitung, the German auto giant Daimer is plannig to keep a protective hand over its truck unit, Daimler Trucks, after the upcoming spin-off.

Sun, 07 Feb 2021 11:32:01 GMT

Amazon to buy gas fueled trucks

Amazon.com Inc placed an order to acquire hundreds of trucks working on a natural gas, thus contributing to the fight against atmospheric pollution.

Sun, 07 Feb 2021 10:31:55 GMT

Taiwan punishes Deutsche Bank

On Sunday, the Taiwanese government banned Deutsche Bank and several other banks from offering forex derivatives for two years for speculation with the local currency.

Sun, 07 Feb 2021 09:02:43 GMT

Indonesia authorizes China's COVID-19 vaccine

Indonesia's food and drug agency (BPOM) has approved the use of the Chinese Sinovac Biotech coronavirus vaccine for the elderly.

Sun, 07 Feb 2021 08:02:26 GMT

Visco says Italy needs cohesion to grow economy

On Saturday, the Italian Central Bank Governor Ignazio Visco said that Italy needs cohesion to revive economic growth and cut the public debt.

Sun, 07 Feb 2021 07:03:51 GMT

FB asks Myanmar to unblock access to social media

On Saturday, Rafael Frankel, Facebook's director of public policy, called on Myanmar's authorities to unblock access to all social media services.

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