News

Note: This section contains information in English only.
Mon, 03 Feb 2020 09:04:28 GMT

India's manufacturing activity reaches nearly eight years high

According to a private survey, India's January factory activity surged at the fastest pace in almost eight years.

Mon, 03 Feb 2020 08:04:17 GMT

Taiwan's Wistron plans to assemble iPhones parts in India

According to two sources with knowledge of the matter, Apple supplier Wistron Corp intends to assemble key iPhone component in India.

Mon, 03 Feb 2020 07:01:12 GMT

Oil prices continue to decline

Crude oil prices continued to edge lower on Monday. The decline was attributed to concerns about lower demand for crude oil in China.

Mon, 03 Feb 2020 06:29:01 GMT

Indonesia central bank intervenes to steady rupiah

On Monday, the Central Bank of Indonesia intervened into forex trading in order to stabilize the local currency which fell 0.5% last week amid the coronavirus outbreak.

Mon, 03 Feb 2020 04:02:05 GMT

Britain lays out stance on EU trade negotiations

On Sunday, Prime Minister Boris Johnson's government laid out its position for the upcoming trade negotiations between the United Kingdom and the European Union.

Mon, 03 Feb 2020 02:47:24 GMT

UAE's Al-Nahyan allocates $2B to Mauritania projects

According to the WAM report, the Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan has allocated $2B to Mauritania for investment projects.

Sun, 02 Feb 2020 20:51:14 GMT

China rejects US help on virus

On Sunday, It was revealed that Chinese authorities have not accepted the help of the US in the battle against the coronavirus.

Sun, 02 Feb 2020 20:11:38 GMT

China limits short selling

Chinese authorities announced on Sunday that they have taken measures to limit short-selling activities in the country's financial markets.

Sun, 02 Feb 2020 18:56:40 GMT

UAE invests in Mauritania

On Sunday, the President of the United Arab Emirates Sheikh Khalifa bin Zayed al-Nahyan stated that the UAE would invest $2 billion in Mauritania.

Sun, 02 Feb 2020 16:40:19 GMT

Credit Suisse spied on Greenpeace

On Sunday, the Swiss SonntagsZeitung revealed that Credit Suisse had been conducting espionage on Greenpeace.

Sun, 02 Feb 2020 16:16:45 GMT

Britain reveals stance on EU trade talks

During the middle of Sunday's European hours, Reuters published an article with information about UK's supposed stance in upcoming UK-EU trade talks.

Sun, 02 Feb 2020 14:42:48 GMT

Irish Prime Minister comments on Brexit

On Sunday, the Prime Minister of Ireland Leo Varadkar stated that both the EU and the UK should not set red lines prior trade talks.

Sun, 02 Feb 2020 13:48:18 GMT

China helps vital firms resume operations

The Premier of China Li Keqiang stated on Sunday that the government would help producers of vital goods in resuming operations after the Lunar New Year holidays.

Sun, 02 Feb 2020 13:46:18 GMT

EU sends Josep Borrell to Iran

Next week, the head of European Union's foreign policy Josep Borrell is set to travel to Iran in an effort to reduce tensions.

Sun, 02 Feb 2020 12:59:52 GMT

China injects funds into markets

The central bank of China announced on Sunday that on Monday it would inject nearly $174 billion into the markets by using reverse repo operations.

Sun, 02 Feb 2020 12:07:21 GMT

Mining companies loose investment

On Sunday, Reuters published an article revealing that global mining companies are losing investment money, as the world shifts to renewable energy.

Sun, 02 Feb 2020 11:24:39 GMT

Russia increases oil output

The Energy Ministry of Russia revealed on Sunday that the total output of gas condensate and crude oil has reached 11.28 million barrels per day.

Sun, 02 Feb 2020 09:42:31 GMT

Shanghai Stock Exchange extends deadline

On Sunday, the Shanghai Stock Exchange announced that it would extend the deadline for companies to release financial reports for 2019.

Sun, 02 Feb 2020 08:41:20 GMT

WeWork chooses new CEO

Reuters revealed on Saturday that WeWork intends to hire Sandeep Mathrani as the company's new CEO.

Sun, 02 Feb 2020 08:33:08 GMT

Iraqi PM addresses people

On Saturday, the Prime Minister of Iraq Mohammed Tawfiq Allawi addressed the people of Iraq and asked for their support.

Sun, 02 Feb 2020 06:45:50 GMT

Trump expands travel ban

On Saturday, the President of the United States Donald Trump expanded the US travel ban policy to additional five countries.

Sun, 02 Feb 2020 05:22:37 GMT

Bulgaria expects fiscal surplus in January

Bulgaria expects a 0.7% of GDP of fiscal surplus in January after purchase of war planes forced the country to end last year with budget's shortfall.

Sun, 02 Feb 2020 04:38:20 GMT

Venezuela to impose tax over purchases in foreign currency

Venezuela is set to start applying an extra tax ranging from 5% to 25% over goods purchases made in a foreign currency under the new law.

Sun, 02 Feb 2020 00:43:42 GMT

India boosts farm support

India sought to step up increase in federal budget, which raised spending over farms and offered lower personal taxes, though the measures missed expectations.

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