News

Note: This section contains information in English only.
Tue, 18 Dec 2018 13:58:15 GMT

Putin presumes new members to INF Treaty

The President of Russia Vladimir Putin stated on Tuesday that nothing stops Russia from conducting negotiations with other states regarding their joining to the INF Treaty.

Tue, 18 Dec 2018 13:20:47 GMT

Survey registers constant deterioration of investors mood

According to report published by the Bank of America Merrill Lynch, more than half of surveyed investors said that temps of economic growth would slower next year.

Tue, 18 Dec 2018 13:08:53 GMT

Opposition calls Modi to help farmers

The head of Indian opposition Rahul Gandhi on Tuesday called the country's Prime Minister Narendra Modi to write off credits issued to local farmers.

Tue, 18 Dec 2018 12:02:15 GMT

China to remove eleven steel firms from list of qualified enterprise

The Chinese Industry Ministry stated that it is set to remove eleven steel companies from a qualified enterprises' list, banning them from operating, and ordered 17 more to rectify safety, environmental and other breaches.

Tue, 18 Dec 2018 11:58:21 GMT

Italy needs to cut €2.5B-€3B to clear budget for 2019 with EU

The European Commission requested Italy a further €2.5B-€3B euros in savings ahead of approving the country's budget for 2019, the report showed.

Tue, 18 Dec 2018 10:52:00 GMT

Japan's output gap negative in Q3

The Japanese output gap turned negative for the first time since 2016 in the Q3, suggesting that the Bank of Japan's 2% inflation goal is likely to become more distant amid waning price pressure.

Tue, 18 Dec 2018 10:51:49 GMT

Huawei announces increase in new contracts for 5G

Huawei Technologies stated that it secured more than 25 commercial deals for 5G network, slightly above the 22 contracts the technology giant announced last month.

Tue, 18 Dec 2018 10:14:53 GMT

China excludes 11 firms from qualified enterprise list

The China's Ministry of Industry and Information Technology on Tuesday decided to exclude 11 steel companies from qualified enterprise list and forbid them operating.

Tue, 18 Dec 2018 10:07:02 GMT

SAA signs deal with Emirates

On Tuesday, South African Airways (SAA) signed an agreement with Emirates to extend a current codeshare treaty, which should increase passenger flows.

Tue, 18 Dec 2018 09:22:54 GMT

British Brokenshire calls to prepare for no-deal Brexit

The UK Communities Secretary James Brokenshire stated on Tuesday that preparations for no-deal exit from the European Union was a rational decision even though the government did not wish such outcome.

Tue, 18 Dec 2018 09:18:11 GMT

China introduce new regulations for auto industry

On Tuesday, the China's National Development and Reform Commission (NDRC) approved a package of new stricter regulations covering investments in the country's auto industry.

Tue, 18 Dec 2018 08:34:24 GMT

Ola plans to invest $100m in Vogo

On Tuesday, Indian ride-hailing company Ola announced that it would invest $100 million in startup firm Vogo.

Tue, 18 Dec 2018 08:34:13 GMT

Asian share markets decline on Tuesday

On Tuesday, Asia shares edged lower, as concerns about sluggish global economy sent Wall Street shares sliding to its lowest level in over a year.

Tue, 18 Dec 2018 07:02:19 GMT

Japan urges G20 major economic to address global imbalances

On Tuesday, Japan urged the G20 leaders to settle trade war through a multilateral structure and try to fix persistent global imbalances.

Tue, 18 Dec 2018 07:01:04 GMT

US Dollar fragile ahead of Fed meeting

On Tuesday, the US Dollar was on edge in the Asian trading session, as the US Federal Reserve set to meet later this week to discuss whether to hike the interest rate.

Tue, 18 Dec 2018 05:56:28 GMT

South Korea will subsidize their auto suppliers

South Korea on Tuesday announced that the country will provide a $3.5 billion worth subsidy package for car part makers.

Tue, 18 Dec 2018 05:56:02 GMT

Chinese officials comment on Brexit

On Tuesday, officials from China announced that they hope for an orderly Brexit, which would reduce issues for Chinese investment.

Tue, 18 Dec 2018 05:33:00 GMT

Crude Oil prices decline on Tuesday

Oil prices declined for a third consecutive trading session on Tuesday. Namely, during the early hours of Tuesday's trading session crude oil benchmarks declined by more than one percent.

Tue, 18 Dec 2018 05:32:27 GMT

Xi Jinping calls for reforms

On Tuesday, the President of China Xi Jinping called for new reforms to be implemented. Although, the President did not specify exact measures.

Tue, 18 Dec 2018 04:14:42 GMT

Japan cuts CPI, GDP forecasts on trade war, disasters

The Japanese government revised down forecasts for economic expansions and consumer prices for 2018 and the following fiscal years, as weakening export demand and natural disasters weighed on the economy.

Tue, 18 Dec 2018 04:11:48 GMT

South Korea to secure $3B support for auto suppliers

South Korea announced a policy package to support the country's car parts producers industry, which included providing nearly $3.1B worth financial support and encouraging the electric cars' use.

Tue, 18 Dec 2018 03:40:42 GMT

Japan to buy more radar, stealth jets to counter China

Japan is set to increase spending on advanced long-range missiles, stealth fighters and other equipment in the next five years to support the US forces facing the Chinese military in the Western Pacific.

Tue, 18 Dec 2018 03:38:15 GMT

T-Mobile, Sprint get approval for merger

T-Mobile US and Sprint got an approval from the CFIUS for companies' proposed merger, the companies stated.

Mon, 17 Dec 2018 20:51:24 GMT

Visa data shows British consumer spending drops

Payments company Visa data showed that the UK consumer spending has fallen by most since July in the run-up to Brexit.

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