News

Note: This section contains information in English only.
Mon, 21 Jan 2019 04:30:15 GMT

China's industrial production grows 6.2% in 2018

The Chinese industrial output increased 6.2% year-over-year in 2018, slowing from 6.6% growth in the prior year, official data revealed on Monday.

Mon, 21 Jan 2019 03:07:57 GMT

Japanese manufacturers' mood at two-year low

Confidence among Japan's manufacturers fell for a third month in succession in January to the lowest level in two years, as worries over the global economy's health and trade tensions took a toll over the corporate sector.

Mon, 21 Jan 2019 03:01:47 GMT

UK house prices grow at weakest pace since 2012

Asking prices for the UK property rose at the weakest pace since 2012 due to ongoing Brexit worries, suggesting lingering weakness in Britain's house prices.

Mon, 21 Jan 2019 02:57:01 GMT

China GDP growth weakens to 6.4% in Q4

China's economy expanded 6.4% year-on-year in the fourth quarter of 2018, official data revealed, in line with forecasts and slower than the prior quarter's 6.5% growth.

Sun, 20 Jan 2019 20:56:01 GMT

China Jiangsu approves $18B wind power projects

The Chinese eastern-central coastal province Jiangsu has approved 24 wind power projects worth $18B with a total capacity of 6.7 gigawatts to boost clean energy production.

Sun, 20 Jan 2019 20:49:25 GMT

China forestry output reaches $1.1T in 2018

The Chinese forestry sector output reached $1.1T in 2018, a 2.88% increase from the prior year, the National Forestry and Grassland Administration reports.

Sun, 20 Jan 2019 20:35:49 GMT

Xi sends condolences to Mexican President over pipeline blast

The Chinese President Xi Jinping has sent condolences to his Mexican counterpart Andres Manuel Lopez Obrador over a deadly pipeline blast in central Mexico.

Sun, 20 Jan 2019 20:34:37 GMT

Israeli PM visits Chad

The Israeli Prime Minister Benjamin Netanyahu visits Chad, a Muslim-majority country, to announce the resumption of diplomatic relations between two nations.

Sun, 20 Jan 2019 18:46:43 GMT

Iran-Malaysia non-oil trade reaches $548.77M

The non-oil trade between Malaysia and Iran reached $548.77M in the first nine months of the fiscal year 2018, the economic news agency in Iran Eghtesad Online reports.

Sun, 20 Jan 2019 18:45:50 GMT

China-Myanmar to establish economic zone near border area

The first China-Myanmar economic cooperation zone of 2,430 hectares will be established along the Kunlong-Chinshwehaw border area in Shan state, the official Global New Light of Myanmar reports.

Sun, 20 Jan 2019 18:32:34 GMT

China tourism sector growth accelerates

The growth of China's tourism sector and related industries accelerated in 2018 to $550B, an increase of 12.8% compared to 2017, the National Bureau of Statistics reports.

Sun, 20 Jan 2019 18:31:53 GMT

Afghan former FM calls for better Chinese-Afghan relations

China and Afghanistan should further improve bilateral relations, the former Afghan Foreign Minister Rangin Dadfar Spanta says at a meeting with the Chinese Ambassador to Afghanistan Liu Jingsong.

Sun, 20 Jan 2019 16:49:36 GMT

S&P confirms Greek rating at B+

The Standard & Poor's credit rating agency affirmed the Greek credit rating at B+ with a positive outlook as the market awaits the first Greek bond issue in almost a year.

Sun, 20 Jan 2019 16:48:43 GMT

Japan welcomes next US-DPRK summit

The Japanese government welcomes the second summit between the Democratic People's Republic of Korea and the United States, the Japanese Defence Minister Takeshi Iwaya says.

Sun, 20 Jan 2019 16:34:31 GMT

China-US relations contribute to world peace, prosperity

China-US diplomatic relations have a profound impact on the maintenance of world peace and prosperity, the Chinese Consul General Wang Donghua says.

Sun, 20 Jan 2019 16:33:53 GMT

India to become UAE top trade partner by 2020

India is likely to become the top trade partner of the United Arab Emirates by 2020, the UAE Minister of Climate Change and Environment Thani Ahmed Al-Zayoudi says.

Sun, 20 Jan 2019 12:37:25 GMT

Rheinmetall to sue Germany amid Saudi arms embargo

Rheinmetall, the German arms maker, is seeking to file a lawsuit against Germany, after the government's decision to halt all weapons exports to Saudi Arabia due to journalist Jamal Khashoggi's murder.

Sun, 20 Jan 2019 12:33:27 GMT

EVs may become unaffordable for some people

Hans Dieter Poetsch, Volkswagen's chairman, stated on Sunday that the move to electric cars would make vehicles more expensive; thus, they might become unaffordable for some people on lower incomes.

Sun, 20 Jan 2019 11:39:04 GMT

Washington's Kudlow sees progress in US-China trade talks

Larry Kudlow, the Economic Adviser for the US White House, stated that China and the United States were making a progress on their trade talks, but it might take time to reach the agreement.

Sun, 20 Jan 2019 11:36:49 GMT

SBI waits for decision on Etihad's bid for Jet Airways

The State Bank of India lenders are waiting for SEBI regulators to make a decision on the Etihad Airways proposed deal for the debt-laden Jet, SBI's Chairman Rajnish Kumar stated.

Sun, 20 Jan 2019 10:31:52 GMT

Britons to back Brexit in possible second referendum

On Sunday, the Eurotunnel boss, Jacques Gounon, stated that britons would vote for the Brexit again, if second referendum took place.

Sun, 20 Jan 2019 10:25:54 GMT

Panasonic, Toyota to lunch EV battery JV next year

Panasonic Corp and Toyota Motor are planning to set up a joint venture in 2020 to develop batteries for electric cars, seeking to compete with the companies' rivals in China.

Sun, 20 Jan 2019 09:37:25 GMT

Israel's BCom explores private offering of 8M shares

On Sunday, B Communications stated it was considering to launch an offering of about 8M shares in private auction in Israel, as it sought to certain the country's institutional and accredited investors.

Sun, 20 Jan 2019 09:32:30 GMT

EU approves BASF takeover of Solvay's nylon business

The German chemical group BASF won the European Commission's conditional approval for the acquisition of the Belgian rival Solvay's nylon business, in a deal valued at $1.8B.

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