News

Note: This section contains information in English only.
Wed, 14 Feb 2018 05:55:05 GMT

Toshiba appoints new CEO

In an effort to recover after suffering major losses in the US, Toshiba Corp has appointed a new CEO and posted first annual profit after a four year break.

Wed, 14 Feb 2018 05:54:20 GMT

Chinese investors decrease exposure

Due to the upcoming week long Chinese holidays Chinese investors are decreasing their exposure to equity fluctuations. Namely there is an increase in closure of positions and buying of hedging instruments.

Wed, 14 Feb 2018 05:34:33 GMT

Indian PNB detects fraudulent transactions

The state-run Indian bank Punjab National Bank announced on Wednesday that it has detected unauthorized transactions in its branch of Mumbai. The total worth of transactions is estimated at $1.8B.

Wed, 14 Feb 2018 05:34:05 GMT

Baidu beats quarterly earnings estimates

Chinese internet company Baidu Inc declared a better than expected quarterly earnings report. Moreover, the report revealed the plans for new updates to the company's streaming platform.

Wed, 14 Feb 2018 04:29:31 GMT

Uber's Q4 loss narrows to $1.1B

Uber Technologies stated that the company's fourth-quarter loss was narrowed to $1.1B from $1.46B in the prior quarter, according to sources familiar with the matter.

Wed, 14 Feb 2018 04:26:14 GMT

US to impose sanctions on Latvia's ABLV Bank

The United States is set to propose sanctions on Latvia's ABLV Bank, prohibiting it from maintaining or opening correspondent accounts in the US amid money laundering concerns.

Wed, 14 Feb 2018 03:29:55 GMT

New Zealand inflation expectations improve in March quarter

The RBNZ reported on Wednesday that its Inflation Expectations Index climbed 2.1% in the first quarter of 2018, after rising 2.0% in the preceding quarter.

Wed, 14 Feb 2018 03:29:06 GMT

Japanese economy expands less than expected in December quarter

According to the preliminary estimate, the Japanese economy grew 0.1% quarter-on-quarter in the last quarter of 2017, while analysts expected the economy to expand at a rate of 0.2%.

Tue, 13 Feb 2018 21:10:44 GMT

Macron does not plan to waste time over Brexit

The French President Emmanuel Macron does not plan to waste time in Brexit negotiations and wants Michel Barnier to be the bloc's only negotiator.

Tue, 13 Feb 2018 21:09:43 GMT

Delta Air Lines shows interest in Boeing 797 jet

Delta Air Lines plans to be one of the first airlines for new Boeing 797 mid-market plane, a report acquired by Bloomberg shows.

Tue, 13 Feb 2018 20:38:08 GMT

Israeli police recommend charges against Netanyahu

The Israeli police recommend pressing bribery charges against the Prime Minister Benjamin Netanyahu, but the leader vows to remain in office.

Tue, 13 Feb 2018 20:37:22 GMT

Kosovo to reach deal with Serbia in 2018

Kosovo plans to resolve outstanding disagreements with Serbia in 2018 to open the way for the nation to get a representation at the United Nations.

Tue, 13 Feb 2018 19:04:00 GMT

US intelligence chief: decision time on North Korea is near

The time is running out for the United States to respond to the threat posed by the North Korean nuclear weapons program, the US director of national intelligence Dan Coats says.

Tue, 13 Feb 2018 19:03:09 GMT

US calls help for Iraq

The United States asked members of the coalition combating the IS to help rebuild Baghdad and extended credit line for the nation.

Tue, 13 Feb 2018 18:37:00 GMT

UN asks for Syria ceasefire

The United Nations calls for an immediate ceasefire in the enclave of Eastern Ghouta near the Syrian capital Damascus.

Tue, 13 Feb 2018 18:36:09 GMT

US wants Pakistan on terrorist watch list

The United States wants to put a motion to place Pakistan on a terrorist-financing watch list, a senior Pakistani official says.

Tue, 13 Feb 2018 16:51:54 GMT

Norway seeks to determine risk from IPO of Saudi Aramco

The Finance Ministry of Norway asked the Central Bank to clarify the impact the IPO of Saudi Aramco is likely to have on the country's sovereign wealth fund's benchmark equity index.

Tue, 13 Feb 2018 16:28:50 GMT

May to meet Merkel on Friday

The UK Prime Minister Theresa May is expected to visit Berlin and meet Germany's Chancellor Angela Merkel this Friday, May's office stated.

Tue, 13 Feb 2018 16:02:48 GMT

Canada to face trade problems with US even after new NAFTA deal

Canada's senior government official stated that the country would continue to face trade challenges with the US firms even if talks on NAFTA modernisation are successful.

Tue, 13 Feb 2018 16:01:47 GMT

Britain's January inflation nears six-year high

The Office for National Statistics stated that the Britain's CPI held at 3.0% yearly rate in January, despite expectations for a decline to 2.9% in the reported month.

Tue, 13 Feb 2018 15:34:51 GMT

Google to enable emails update automatically

Google is planning to launch a demonstration on Tuesday of a new software programming system that will enable Gmail's e-mails to feature continually updated information and interactivity.

Tue, 13 Feb 2018 15:28:30 GMT

Peltz to leave Mondelez's board of directors

On Tuesday, the Oreo maker Mondelez International announced that its activist investor Nelson Peltz was set to step down from the board of directors, about four years after his appointment.

Tue, 13 Feb 2018 14:34:42 GMT

Iraq needs $4B for new investments in downstream oil

The Oil Minister Jabar al-Luaibi stated that Iraq needed $4B for its new downstream oil investments, outlining the country's plans to expand the refining capacity within the next years.

Tue, 13 Feb 2018 14:29:03 GMT

Tillerson calls on Gulf states to restore unity

The US State Secretary Rex Tillerson urged the Gulf nations on Tuesday to regain their unity, by resolving the diplomatic dispute on Qatar, as it still has remained in the all parties' interest in the region.

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