South Korean industrial companies reported a decline in profits in the first quarter of the current year on the global economic slump, data published by the national stock exchange shows.
The Chinese government invested more than $222B in the healthcare sector the previous year, an annual growth of 11.7%, the State Council of the People's Republic of China reports.
The Asian Development Bank President Takehiko Nakao met with the Malaysian Prime Minister Mahathir Mohamad to discuss loans for projects in energy and transportation sectors.
Samsung is investing more than $14B to build its chip plant in the northwest China's Shaanxi Province, the Vice President of Samsung China Semiconductor, Hyunki Ji, says.
The agricultural trade between the Central and Eastern European Countries and China has grown rapidly to $1.2B on an annual basis, the Minister of Agriculture and Rural Affairs Han Changfu says.
The Japanese Prime Minister Shinzo Abe met with the Director of the Office of the Foreign Affairs Commission, Yang Jiechi, to discuss bilateral relations.
The US President Donald Trump postponed tariffs on imported cars and car parts for half a year to "address the national security threat", the White House reports.
South Africa wants more innovation in the tourism sector to offer new tourist destinations, the Tourism Minister Derek Hanekom says.
Financial institutions reported capital inflow of $761M from investors in the first three months of 2019, the State Administration of Foreign Exchange reports.
On Friday, Pinterest's shares dropped 17% after the company's annual estimates disappointed investors, raising concerns over the online scrapbook firm's capability to turn into profit in the nearest time.
Samsung Electronics, South Korea's tech giant, is planning to spend over $14B in its investment's second phase in the memory chip factory in China's city of Xian, the Xinhua news outlet reported on Friday.
The European Union has eliminated Aruba, the Dutch Caribbean island, the UK overseas territory of Bermuda and Barbados from the bloc's tax haven blacklist on Friday, leaving no European area on the list.
On Friday, Olaf Scholz, Germany' Finance Minister, stated he expected the OECD to agree on a tax minimal level for the digital firms such as Google, Facebook and Amazon by the middle of 2020.
The EU largest retailer Carrefour is considering a minority stake sale in its struggling Chinese business and has already started to look for potential buyers, according to Reuters.
OneConnect, the financial technology division owned by Ping An Insurance, has hired Morgan Stanley, Goldman Sachs and JPMorgan to advise on its planned initial public offering in Hong Kong worth up to $1.0B.
UBS, Banco Santander, Credit Suisse Group, Barclays and other world's biggest banks invested about $50M to establish a digital cash settlement project that uses blockchain technology.
SpaceX has postponed the launch of the Starlink satellite once again for around a week amid inclement weather late on Thursday, seeking to update satellite's software and make a re-check.
The Italian government will seek to prevent a break-up of the struggling planemaker Piaggio Aerospace, Luigi Di Maio, the country's Deputy Prime Minister, announced on Friday.
Canada's Iamgold is considering a potential full or partial sale of the gold miner unit, entering talks with a few possible buyers, Bloomberg's report showed on Thursday.
Chico's FAS, the women's apparel retailer, rejected a bid made by the private equity group Sycamore Partners to take the firm private in the deal valued at $407.8M.
The investment fund LetterOne owned by Russia's tycoon Mikhail Fridman stated on Friday it had gained control over DIA, the loss-making Spanish retailer, after submitting a takeover bid.
A Reuter's poll results published on Friday revealed that a majority of economists set the possibility of a US recession in the next two years at 40%.
On Friday, Kazakh officials announced that Transneft has tainted Kazakh oil that was transported through a Russian pipeline. The country will seek reparations for the damaging of almost 600,000 tonnes of oil.
Starbucks' Chinese challenger, Luckin Coffee, priced its US listing at the targeted price range's top, raising $561M by selling 33M American depository shares at $17 each, according to sources with a knowledge of the matter.