News

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Thu, 08 Jun 2017 05:28:03 GMT

Chinese exports and imports for May beat expectations

Official data showed on Thursday that Chinese exports and imports for May beat expectations, in spite of weakening commodity prices. Upbeat data also suggests the Chinese economic situation is holding at a better-than-expected pace, despite a slowdown in the property market.

Thu, 08 Jun 2017 05:17:06 GMT

North Korea keeps testing new missiles

On Thursday, North Korea fired several land-to-ship missiles off its Eastern coast, ignoring the new set of sanctions by the US, showing that it would continue to develop its missile and nuclear program.

Thu, 08 Jun 2017 04:29:36 GMT

Debris of missing Myanmar aircraft discovered

On Thursday, debris and bodies of the military aircraft that went missing early on Wednesday were discovered off the Southern coast of Myanmar.

Thu, 08 Jun 2017 02:57:15 GMT

Samsung to invest $300M for US appliances factory

Samsung plans to invest $300M for building an appliances factory in the US to make products such as gas oven ranges and washing machines, the South Korean newspaper revealed.

Thu, 08 Jun 2017 02:55:54 GMT

US to broaden laptop ban to 71 more airports

The US government is considering the expansion of a ban on laptops at flights from additional 71 airports in Africa, Europe and the Middle East, the Homeland Security revealed.

Thu, 08 Jun 2017 02:05:47 GMT

Japanese economy grows slower than expected in Q1

The final estimate of Japan's GDP growth in the first quarter was reported at 0.3%, down from a preliminary reading of 0.5%, due to descending revision of business inventories.

Thu, 08 Jun 2017 02:03:00 GMT

Australian trade surplus plunges to A$555M in May

The Australian Bureau of Statistics reported that the country's trade surplus narrowed to A$555M in May from the prior month's revised up surplus of A$3.17B.

Wed, 07 Jun 2017 20:02:29 GMT

Qatar in talks with Turkey and Iran on providing food

Qatar is talking to Iran and Turkey about securing food and water supplies to stave off possible shortages right two days after its biggest suppliers cut trade and diplomatic ties.

Wed, 07 Jun 2017 20:02:20 GMT

Iran arrests 5 suspects in parliament attack

Iran announced that they have arrested five people suspected to be connected to Wednesday's terrorist attack on the country's parliament in Tehran.

Wed, 07 Jun 2017 19:04:16 GMT

Russia, Venezuela in talks on Caracas' $1B debt restructuring

Russia and Venezuela are holding talks on the possibility of restructuring the Caracas' debt of $1B, ambassador of Venezuela to Russia Carlos Rafael Faria Tortosa told on Wednesday.

Wed, 07 Jun 2017 19:04:04 GMT

Trump heads to Ohio to talk infrastructure amid Comey crisis

Donald Trump, as part of his call for an infrastructure bill, will travel to Cincinnati on Wednesday to push his plan to upgrade the US inland waterway system of locks and dams.

Wed, 07 Jun 2017 18:29:35 GMT

Iranian military blames Saudis after 12 killed in terrorist attack

Iranian military blamed Saudi Arabia for the first terrorist attack claimed by IS in their country, setting the stage for spiraling tensions between the two rivals at a critical moment in the region.

Wed, 07 Jun 2017 18:25:03 GMT

Police carry out controlled explosion near London's US embassy

The British police have carried out a controlled explosion after being alerted to two unattended vehicles near the new US embassy in south-west London.

Wed, 07 Jun 2017 16:51:32 GMT

Senate not sure about tax-cut scope

The US Senate Finance Committee Chairman Orrin Hatch said that it was hard to say how big the upcoming tax cuts would be, despite Trump's calls for dramatic tax cuts for individuals and businesses.

Wed, 07 Jun 2017 16:50:42 GMT

Sweden's Kinnevik to sell remaining stake in Rocket Internet

Kinnevik, a Swedish investment company, reported on Wednesday that it would sell its remaining 6.6% stake in Rocket Internet, a German venture capital group.

Wed, 07 Jun 2017 16:27:00 GMT

Biggest US commercial car maker reports 4.6% revenue drop

Navistar, the largest American commercial truck maker, reported that its revenue fell 4.6% to $2.10B in the Q2 ended April 30, marking the ninth consecutive quarterly revenue drop.

Wed, 07 Jun 2017 16:25:49 GMT

British police arrest man in connection with London attack

The British police arrested a 30-year-old man on Wednesday in connection with the London Bridge attack, official sources reported.

Wed, 07 Jun 2017 15:06:08 GMT

US crude stockpiles rise unexpectedly

The EIA reported that US crude oil inventories rose 3.3M barrels in the week ended June 2, following the prior week's drop of 6.4M barrels and falling behind expectations for a 3.1M-barrel decline.

Wed, 07 Jun 2017 15:03:11 GMT

Canadian building permits fall for third straight month in April

Statistics Canada reported that building permits dropped 0.2% in April, compared to the preceding month's upwardly revised fall of 4.9%, whereas analysts anticipated an increase of 2.4%.

Wed, 07 Jun 2017 14:28:45 GMT

Trump to name ex-Justice Dept lawyer as new FBI chief

On Wednesday, the US Presdient Donald Trump announced that he would nominate the ex-Assistant US Attorney General Christopher Wray as a new FBI Director.

Wed, 07 Jun 2017 14:20:50 GMT

Sweden to fight terrorism by toughening laws

The Sweden centre-left government together with the opposition parties came to an agreement to tighten the laws with intention to fight terrorism after an outbreak of attacks across Europe.

Wed, 07 Jun 2017 13:22:46 GMT

Iran attack death toll rises to 12

The number of casualties of the Iranian Parliament and Mausoleum attack reached 12 after three assailants opened fired and detonated a suicide vest on Wednesday.

Wed, 07 Jun 2017 13:10:41 GMT

Myanmar military plane disappears with 120 on board

According to the Myanmar officials, an army plane with 120 people on board has gone missing this Wednesday after losing communication over the Andaman Sea on its way to the Yangon city.

Wed, 07 Jun 2017 12:27:37 GMT

Scandlines ceases ferries from Denmark to Germany over threat tip-off

On Wednesday, ferry operator Scandlines suspended ferry transportation between Denmark and Germany as the police received a telephone threat; however, declined to provide further information on the issue.

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