News

Note: This section contains information in English only.
Sat, 16 Jun 2018 17:07:27 GMT

President Trump personal lawyer signals willingness to cooperate

The United States President Donald Trump personal Lawyer Michael Cohen has indicated to close friends and family that he is willing to cooperate with federal investigators.

Sat, 16 Jun 2018 16:06:23 GMT

Trade worries have prompts international fund managers to search for alternatives

Rising trade tensions over world trade policy are causing some top international managers to search for the companies that can come out as winners.

Sat, 16 Jun 2018 16:06:04 GMT

Germany's Chancellor Merkel Backs migrant policy

German Chancellor Angela Merkel maintained on Saturday that a solution is needed for the European migrant crisis amid clashed with her Bavarian partners.

Sat, 16 Jun 2018 15:34:50 GMT

Theranos founder Holmes faces charges of wire fraud

On Friday, a founder of the blood-testing company Theranos Elizabeth Holmes was indicted on charges that she was involved in schemes to defraud investors, patients and doctors.

Sat, 16 Jun 2018 15:21:16 GMT

White House: Trump supports both Republican immigration bills

On Friday, the White House claimed that the US President Donald Trump supported two immigration bills offered by Republicans and being considered in the House of Representatives. 

Sat, 16 Jun 2018 14:17:38 GMT

Egypt rises fuel prices by 50% under IMF reform plan

On Saturday, the Oil Ministry of Egypt Tarek El Molla claimed that gasoline prices in Egypt has been raised by 50% as a part of IMF-backed plan to stabilise state's budget. 

Sat, 16 Jun 2018 14:11:53 GMT

SGX to continue listing and trading Nifty contracts

Singapore Exchange said that a court-appointed arbitrator has ordered it to continue trading and listing SGX Nifty contracts after August 2018 despite the dispute with India's National Stock Exchange.

Sat, 16 Jun 2018 13:23:09 GMT

Foxconn to open North American headquarters in Wisconsin

On Saturday, Taiwanese electronics contract manufacturing company Foxconn announced that it will open it North American headquarters in Milwaukee, Wisconsin. 

Sat, 16 Jun 2018 13:08:12 GMT

Siemens wins $2B contract to build 94 London tube trains

On Saturday, Transport for London stated that Germany's Siemens AG has been awarded $2B worth agreement to design and build 94 trains for London's metropolitan train network. 

Sat, 16 Jun 2018 12:23:35 GMT

Foremer Carrefour CEO to give up part of payout

On Saturday, French retailer Carrefour claimed that its former chief executive Georges Plassat will give up a part of his €4M leaving package after the pressure from the government, unions and employer's bodies.

Sat, 16 Jun 2018 12:03:00 GMT

Austrian Kurz wants EU leaders to agree on strengthening Frontex

On Saturday, Chancellor of Austria Sebastian Kurz claimed he hopes that leaders of EU will reach a consensus on strengthening European border agency Frontex at informal meeting in September. 

Sat, 16 Jun 2018 11:19:38 GMT

FedEx says US tariffs on China goods are counterproductive

On Friday, FedEx Corp, the global delivery firm, called the US tariffs in China's goods counterproductive, as the move would lift prices for American consumers and businesses.

Sat, 16 Jun 2018 11:17:08 GMT

Broadcom dismisses over 1K workers after Brocade merger

Broadcom has laid off around 1,100 employees across the company's businesses, seeking to lower costs after completing its $5.5B takeover of Brocade Communications Systems.

Sat, 16 Jun 2018 10:36:45 GMT

Shares in Germany's Home24 surge on debut

On Friday, shares of Home24, Germany's online furniture retailer, surged on its stock market debut in Frankfurt, raising investor enthusiasm for a new technology listing.

Sat, 16 Jun 2018 10:33:16 GMT

Swire Properties plans sale of two HK office towers

Swire Properties are planning a sale of its two Hong Kong office towers to Henglilong Investments in a deal valued at $1.9B, for Swire to realise the investment cash into the sale interest.

Sat, 16 Jun 2018 09:37:30 GMT

LCCG acquires British Equitable Life, policyholders get $2.4B

Life Company Consolidation Group, the specialist insurer, is buying Equitable Life, the British mutual life insurance firm, releasing $2.4B to Equitable Life policyholders.

Sat, 16 Jun 2018 08:35:49 GMT

LyondellBasell Industries discusses Braskem acquisition

LyondellBasell Industries NV and Odebrecht SA announced on Friday they had entered into the exclusive negotiations for Lyondell to gain control over the petrochemicals producer Braskem in a shares and cash deal.

Sat, 16 Jun 2018 08:30:02 GMT

AT&T boss plans investment in newly acquired media unit

On Friday, the AT&T CEO Randall Stephenson stated his company had an intention to invest up to $22B into the Time Warner's newly acquired media business.

Sat, 16 Jun 2018 06:45:05 GMT

Ortega agrees to allow foreign probe

The government of Nicaragua and the President of the country have agreed to allow a foreign investigation into the recent political unrest.

Sat, 16 Jun 2018 06:44:35 GMT

Papua New Guinea declares state of emergency

After rioters started a rampage of violent looting the government of Papua New Guinea declared a state of emergency and sent in armed forces.

Sat, 16 Jun 2018 06:22:31 GMT

Chinese officials leave room for negotiations

During the announcement that condemned the US tariffs set on Chinese goods Chinese state media revealed that the Chinese side is still open to negotiations.

Sat, 16 Jun 2018 06:21:52 GMT

Asian authorities struggle with illegal gambling

The World Cup in football has caused a surge in illegal gambling in Asia. Moreover, it has been noticed that there is an increase in crypto currency volumes, which are used to hide gambling activities.

Sat, 16 Jun 2018 04:42:58 GMT

China announced new anti-dumping measures

Chinese authorities are set to apply new anti-dumping measures on Japanese and US hydroiodic acid products.

Sat, 16 Jun 2018 04:42:28 GMT

China condemns US tariffs

Chinese official state run media on Saturday condemned the US tariffs set on $50B worth Chinese goods.

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