News

Note: This section contains information in English only.
Sat, 16 Jun 2018 02:42:16 GMT

Greece and Macedonia will sign name change accord

Greek and Macedonian authorities are set to sign a name change accord of the Former Yugoslav Republic of Macedonia on June 17.

Sat, 16 Jun 2018 02:42:08 GMT

Wall Street ignores trade war rhetoric

As Donald Trump enacted tariffs on China, Wall Street seemed to ignore the event. The S&P 500 index decreased only by 0.1% on Friday.

Sat, 16 Jun 2018 02:18:19 GMT

International money managers avoid trade wars

Due to the rising global trade tensions during the past months various large funds have been moving capital to various alternative stocks ranging from banks in Italy to Chinese ecommerce.

Sat, 16 Jun 2018 02:17:47 GMT

Saudi Arabia plans OPEC leader summit

Saudi Arabian authorities are planning to host a large summit for OPEC country leaders later this year to discuss the oil supply pact.

Fri, 15 Jun 2018 20:09:58 GMT

Dollar declines as China trade tension heighten

The US Dollar slides lower against the Japanese Yen after the US President Donald Trump imposed hefty tariffs worth $50 billion of Chinese Imports and Beijing threatened to retaliate.

Fri, 15 Jun 2018 20:08:51 GMT

US federal judge sends Manafort to jail

A US judge sent former Trump campaign manager Paul Manafort to jail on Friday as he awaits trial on charged amidst tampering witness.

Fri, 15 Jun 2018 19:07:14 GMT

Comcast earns unconditional EU antitrust endorsement to buy Sky

The European Union antitrust regulators have given the approval to the US cable company Comcast's to buy Sky without demanding concessions.

Fri, 15 Jun 2018 19:05:40 GMT

Swiss Foreign Minister said labour market rules remain a red line

Switzerland Foreign Minister Ignazio Cassis announced on Friday that special measures to protect Swiss wages and working environment remain a red flag as his country negotiate for a new accord with the EU.

Fri, 15 Jun 2018 18:07:07 GMT

House immigration bill in chaos after Presidents Trump opposition

Efforts by republican to debate immigration bill, set for next week, were in chaos on Friday following US President Donald Trump opposition.

Fri, 15 Jun 2018 18:05:11 GMT

Industrial and material stocks plummets amid US trade tension

Stocks in the US material and industrial companies plunged on Friday as threatening trade war between China and the United States escalates.

Fri, 15 Jun 2018 17:28:23 GMT

Canadians consumers may find it difficult to resist American goods

Canadians are offended by US President Donald Trump's attack on Prime Minister Justin Trudeau and have called on its consumers to boycott American goods.

Fri, 15 Jun 2018 17:26:37 GMT

Fed's Dudley said Trump immigration and trade policy could hurt economy

New York's Federal Reserve's President William C. Dudley said on Friday that White House immigration and trade policies could hurt the US economy as the US President Trump imposed new tariffs on China.

Fri, 15 Jun 2018 16:26:08 GMT

Wells Fargo gets final approval to settle $142 million lawsuit

On Friday, Wells Fargo & Co gets a final approval from California district court to pay $142 million in compensation to customers that were affected by sales scandal connected to a phony bank account.

Fri, 15 Jun 2018 16:23:35 GMT

Saudi Arabia set to host OPEC leaders

Moscow and Riyadh took the first step to establish a long-term foundation for co-operation between non-OPEC and OPEC nations this week.

Fri, 15 Jun 2018 15:15:42 GMT

Macedonia and Greece agrees to sign name change accord

Macedonia and Greece are going to sign a deal on Sunday, June 17 to officially change the name of the former Yugoslav republic.

Fri, 15 Jun 2018 15:12:27 GMT

Wall Street slides lower amid rising China trade pressure

US stocks slide lower on Friday after the United States President Donald Trump issued a statement that a 25 percent tariff would be set on $50 billion worth of Chinese goods.

Fri, 15 Jun 2018 14:13:09 GMT

China's Didi to launch ride-sharing services in Australia this month

China's Didi Chuxing Technology is set to launch its ride-sharing services in Australia starting from this month, its initial foray in the Western-style country.

Fri, 15 Jun 2018 14:06:55 GMT

President Trump imposes 25% tariff on China's technology

On Friday, the US President Donald Trump has announced that Washington would impose a 25% tariff on the $50B of Chinese goods related to technology and intellectual property.

Fri, 15 Jun 2018 12:39:51 GMT

Lufax aims at $2.0B in fresh funding due to IPO delay

China's Lufax is targeting to attract $2.0B in fresh funding, seeking to bring the company's value to $40B, amid its initial public offering delay.

Fri, 15 Jun 2018 12:36:43 GMT

India ready to Air India IPO after failed divestment

India is ready to an initial public offering of Air India, the ailing state carrier, after it failed to lure buyers for the company's 76% stake.

Fri, 15 Jun 2018 11:08:48 GMT

Meal kit firm Marley expects profitability by next year's end

Marley Spoon, the meal kit company, is eyeing profitability by the next year's end by using the proceeds of its Australian stock market flotation and its growth investment.

Fri, 15 Jun 2018 11:08:33 GMT

Real estate firm Opendoor raises $325M in new financing

On Wednesday, the online real estate start-up Opendoor has attracted $325M in a new financing, bringing the San Francisco-based firm's valuation to over $2.0B.

Fri, 15 Jun 2018 10:17:02 GMT

Diversified Gas to acquire US gas, oil assets for around $575M

On Thursday, Diversified Gas & Oil announced it would acquire gas and oil producing assets in Appalachian Basin in a deal valued about $575M.

Fri, 15 Jun 2018 10:11:14 GMT

Finland's real estate company Kojamo valued at $2.5B in IPO

Kojamo Oyj, the Finnish real estate firm, has been valued at $2.5B on Thursday in the initial public offering ahead of the company's market debut scheduled for this Friday.

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