News

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Mon, 30 Oct 2017 10:56:38 GMT

UAE to continue cutting oil output amid global deal

The United Arab Emirates is eager to keep reducing oil output in order to comply with the global oil production cut deal, the country's Energy Minister stated.

Mon, 30 Oct 2017 10:18:11 GMT

China calls for strengthening cooperation with Sri Lanka

On Monday, the Chinese Foreign Minister Wang Yi stated that China was seeking closer cooperation with Sri Lanka on key investment projects amid strong opposition to the main Chinese-invested schemes.

Mon, 30 Oct 2017 10:17:08 GMT

HSBC to move up to 1K employees to Paris amid Brexit

The HSBC finance head Iain Mackay stated on Monday that the bank considers moving about 1K jobs to Paris after Britain's withdrawal from the European Union.

Mon, 30 Oct 2017 09:23:53 GMT

Nintendo console's strong sales lift annual profit forecast

On Monday, Japan's videogames maker Nintendo raised its annual operating profit outlook to $1.06B due to a strong demand for its Switch console.

Mon, 30 Oct 2017 09:14:33 GMT

Lotte chairman likely to face 10-year jail term

South Korea's prosecution is calling for a 10-year imprisonment for the Lotte Group's Chairman Shin Dong-bin over the corruption charges he had faced last year.

Mon, 30 Oct 2017 08:26:01 GMT

Akzo Nobel seeks to buy US rival Axalta

The Dutch coatings and paint maker Akzo Nobel is in talks to acquire the US rival Axalta Coating Systems; a deal that could create a $30B company.

Mon, 30 Oct 2017 08:25:21 GMT

Saudi Arabian Airlines to renew flights to Iraq

Domestically owned Saudi Arabian Airlines is about to resume flying to Iraq on a regular basis starting from Monday after 27 years of halt.

Mon, 30 Oct 2017 07:24:44 GMT

Qatar ready to resolve Gulf crisis

The Qatari Emir Sheikh Tamim bin Hamad al-Thani said on Monday that Qatar was willing to participate in US-led talks to resolve the current diplomatic crisis in the Gulf region.

Mon, 30 Oct 2017 07:13:20 GMT

Singapore reveals roadmap for strengthening its financial sector

The Monetary Authority of Singapore presented on Monday its roadmap for strengthening the country's financial sector and thus boosting its status as an Asian financial centre.

Mon, 30 Oct 2017 05:50:24 GMT

Australian opposition doubts legislation

The main opposition party in Australia, the Labor, have announced that they are debating a legal challenge of nearly 100 decisions made by the conservative government.

Mon, 30 Oct 2017 05:50:11 GMT

World Economic Forum pressures social media

A report from the World Economic Forum on Monday revealed that Facebook and Twitter have to be pressured by government action into tackling extremism and misinformation.

Mon, 30 Oct 2017 05:17:42 GMT

Kobe Steel to withdraw forecasts

The troubled Kobe Steel company has announced the decision to withdraw the company's forecasts for this year's earnings.

Mon, 30 Oct 2017 05:17:06 GMT

Asian shares higher on Monday

The Asian markets climbed on Monday due to the boost to the global markets caused by the solid earnings reported by US tech companies.

Mon, 30 Oct 2017 04:27:23 GMT

US, Japan, South Korea urge North Korea to cease provocations

Defence chiefs from the US, Japan and South Korea held trilateral negotiations on North Korea issue and urged the country to cease its reckless and destructive path.

Mon, 30 Oct 2017 04:25:56 GMT

Japan retail sales suggest strong consumer spending in September

Japanese retail sales grew at their strongest pace in three months of 2.2% in September, pointing to the strength of consumer spending amid higher purchases of daily goods and clothes.

Mon, 30 Oct 2017 03:35:09 GMT

Taiwan to spend more on defence, president says

Taiwan understands the necessity to spend more on the country's defence and continue to increase military spending, the President said when visiting the US.

Mon, 30 Oct 2017 03:31:43 GMT

China's factory growth to ease slighty in October

Activity in Chinese manufacturing sector is likely to grow at a slightly weaker pace in October, as the country's government began a crackdown over air pollution.

Sun, 29 Oct 2017 21:34:51 GMT

Turkey arrests 61 ISIS suspects

Turkish police on Sunday arrested 61 suspected terrorists linked to the Islamic State in eastern and northwestern provinces.

Sun, 29 Oct 2017 21:33:47 GMT

Iran to continue to build missiles

Iranians "have built, are building and will continue to build missiles" as this does not violate any international deals, the Iranian president Hassan Rouhani says.

Sun, 29 Oct 2017 20:36:18 GMT

Israel delays vote on bill to annex Greater Jerusalem

Israel decided to delay a vote on controversial bill, which seeks to legalize the annexation of 19 settlements to the capital.

Sun, 29 Oct 2017 20:35:32 GMT

Catalans are welcome to seek political asylum in Belgium

Catalans can ask for political asylum in Belgium, the Belgian Minister of Asylum and Migration Theo Francken says.

Sun, 29 Oct 2017 19:34:01 GMT

MEP Michele visits Qatar to discuss tensions

Michele Alliot-Marie, the Chair of the European Parliament's Delegation for relations with the Arabian Peninsula, meets with the Qatar's Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani to discuss the latest developments in the Gulf crisis.

Sun, 29 Oct 2017 19:32:16 GMT

IAEA chief: Iran committed to nuclear deal

Iran is fulfilling its commitments under the 2015 nuclear agreement, says the Head of the International Atomic Energy Agency Yukiya Amano.

Sun, 29 Oct 2017 18:31:51 GMT

South Africa's Zuma denies undeclared funds

The South African President Jacob Zuma denies any claims in relation to undeclared funds, the Presidential Spokesperson Bongani Ngqulunga says.

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