News

Note: This section contains information in English only.
Sat, 23 Mar 2019 18:49:12 GMT

IHS: business growth slows

The US business activity slowed down to 54.3 in March from 55.5 in February, the US Composite Purchasing Managers' Index released by the IHS Markit shows.

Sat, 23 Mar 2019 18:35:32 GMT

Ukraine economy expands

The Ukrainian economy expanded 3.3% in 2018, the largest expansion in 7 years, the Ukrainian Economic Development and Trade Ministry reports.

Sat, 23 Mar 2019 18:34:12 GMT

GM to invest $300M to produce EV

General Motors plans to invest $300M in its US assembly plant in Michigan to manufacture a new Chevrolet electric vehicle, the US automaker says.

Sat, 23 Mar 2019 17:16:27 GMT

Ukraine-Belarus trade expands

Trade between Belarus and Ukraine increased for a third consecutive year to $5.3B in 2018 from $4.6B in 2017, the Ukrainian State Statistics Service reports.

Sat, 23 Mar 2019 17:15:47 GMT

US Treasury sanctions Venezuela financial institutions

The US Treasury has sanctioned the Venezuelan Economic and Social Development Bank as well as other financial institutions over an arrest of Guaido's aide.

Sat, 23 Mar 2019 16:26:52 GMT

China regulator approves 3 new IPO

The China Securities Regulatory Commission has approved IPO applications from semiconductor producer Beken Corporation, Sichuan Teway Food and Hangzhou DPtech Technologies.

Sat, 23 Mar 2019 16:26:12 GMT

PBOC: business confidence improves

Business confidence improved in the first quarter of 2019 after declining for two consecutive quarters, the People's Bank of China reports.

Sat, 23 Mar 2019 15:15:38 GMT

Zambia welcomes BRI construction

The Minister of Transport and Communication of Zambia Brian Mushimba supported on Saturday the Belt and Road Initiative (BRI), saying it would give African nations needed financing for realization of multiple infrastructure projects.

Sat, 23 Mar 2019 15:12:59 GMT

Philippines report progress on national infrastructure projects

On Wednesday, the Philippine Finance Secretary Carlos Dominguez reported about a progress achieved in the execution of a number of infrastructure projects sponsored by the China's Official Development Assistance.

Sat, 23 Mar 2019 14:22:14 GMT

Italy and China confirm cooperation on BRI

On Saturday, the Chinese and Italian leader signed a memorandum of understanding regarding the joint work on the development of the Belt and Road (BRI).

Sat, 23 Mar 2019 14:19:27 GMT

US plants produce record volume of natural gas

According to the US Energy Information Administration, production of the country's natural gas plant liquids hit a record high last year, as it reached 4.3M b/d on average.

Sat, 23 Mar 2019 13:24:13 GMT

Pompeo, Stoltenberg discuss upcoming NATO meeting

The US Secretary of State Mike Pompeo on Saturday had a telephone conversation with the head of NATO, Jens Stoltenberg, over the upcoming meeting of the block's foreign ministers.

Sat, 23 Mar 2019 13:20:27 GMT

Guaido predicts imminent fall of Maduro

The self-proclaimed leader of Venezuela, Juan Guaido stated on Saturday that the country's President Nicolas Maduro and his government would be replaced soon, hinting at a change of mood among the military.

Sat, 23 Mar 2019 12:23:34 GMT

Londoners demand new referendum

On Saturday, tens of thousands Londoners gathered in the city centre to demand a new referendum on Britain's withdrawal from the European Union.

Sat, 23 Mar 2019 12:18:00 GMT

Liberal Party wins election in NSW, Australia

The Australian Prime Minister Scott Morrison's Liberal Party on Saturday won elections in one of the most inhabited states of the country, New South Wales (NSW), thus giving its leader a chance to win upcoming federal elections.

Sat, 23 Mar 2019 11:22:44 GMT

Syria, Iraq protest against US statement on Golan Heights

The Syria's permanent representative to the United Nations Bashar Jaafari stated on Saturday that Golan Heights would always remain the country's territory while his Iraqi counterpart criticized the US actions, saying that they were breaching international law.

Sat, 23 Mar 2019 11:19:36 GMT

UK actively invests in health projects

The UK Research and Innovation (UKRI) stated on Saturday that it has received funding from the Biomedical Catalyst program for several projects aimed at transforming outcome for patients using new technologies.

Sat, 23 Mar 2019 10:24:07 GMT

Vietnman to launch 5G

The Vietnamese Minister of Information and Communications Nguyen Manh Hung stated on Saturday that the country is about to launch 5G service that would become the cornerstone of the digital economy.

Sat, 23 Mar 2019 10:19:01 GMT

Citigroup fires eight traders

On Saturday, the US bank Citigroup has fired eight bankers from Hong Kong and is about to fire another three for the misconduct in their relations with clients.

Sat, 23 Mar 2019 09:12:09 GMT

Pakistan wants peaceful relations with India

The Pakistani President Arif Alvi stated on Saturday that his country does not want further deterioration of relations with India and called all parties for dialogue.

Sat, 23 Mar 2019 09:08:35 GMT

Viacom and AT&T continue negotiations

Two American telecom companies, AT&T and Viacom, continue negotiations over new carriage contract, despite despite the expiration of the deadline.

Sat, 23 Mar 2019 08:19:17 GMT

Australia to issue additional funds to financial regulators

The Treasurer of Australia Josh Frydenberg stated on Saturday that the government would provide additional $390M to state regulators in order to improve supervision of the country's financial sector.

Sat, 23 Mar 2019 08:15:41 GMT

RBS considers winding down $1.3B

According to the Guardian newspaper, the British Royal Bank of Scotland has set the goal of winding down the $1.3B loan portfolio by the end of this year.

Sat, 23 Mar 2019 07:13:34 GMT

China to fasten financial sector opening

The Vice Chairman of the China Securities Regulatory Commission Fang Xinghai stated on Saturday that China could fasten opening of its financial sector if the US was not satisfied with the current pace.

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