News

Note: This section contains information in English only.
Mon, 27 Aug 2018 04:19:54 GMT

Chinese Yuan trades at high level

On Monday, the Chinese Yuan traded against the US Dollar at a two and a half week high level due to the Chinese central bank reviving a counter-cyclical factor in the currency's daily fixing.

Mon, 27 Aug 2018 02:31:58 GMT

China to fight dishonesty in transport

The Chinese state planner stated that it and other government departments are set to crack down on illegal and dishonest conduct in the country's transportation sector, including internet ride-hailing and taxi services.

Mon, 27 Aug 2018 02:27:39 GMT

China's industrial profits rise 16.2% in July

Profits earned by Chinese industrial firms grew 16.2% in the month of July from a year earlier, slowing from 20.0% in the prior month, the statistics bureau stated.

Sun, 26 Aug 2018 20:01:54 GMT

President Trump declares trade deal with Mexico is near

On Sunday, the US President Donald Trump said that a significant trade agreement between the United States and Mexico could soon be reached.

Sun, 26 Aug 2018 20:01:37 GMT

Guajardo not sure about NAFTA victory yet

Mexico's Economy Minister Ildefonso Guajardo stated on Sunday that he can't declare victory yet in the NAFTA trade talks between Mexico and the United States.

Sun, 26 Aug 2018 19:20:03 GMT

Journalist Mesale Tolu arrives in Germany

German journalist Mesale Tolu who was released from Turkey's prison in December, though prohibited from departing the country until this week, arrived in Germany.

Sun, 26 Aug 2018 19:14:12 GMT

President Mnangagwa takes oath of office

Emerson Mnangagwa was sworn in on Sunday as Zimbabwe's president after his contested win in the July 30 presidential election.

Sun, 26 Aug 2018 18:28:10 GMT

Congo continues to fight with Ebola

The Health Ministry of Congo reported on Sunday that more than 100 people were infected by Ebola this month of which eleven have been successfully cured from the virus.

Sun, 26 Aug 2018 18:23:45 GMT

German video game industry requires support

The head of German Games Industry Association Felix Falk stated on Sunday that the country's video game industry requires state support in order to cope with international competition.

Sun, 26 Aug 2018 17:09:13 GMT

Colombia holds anti-corruption referendum

Thousand of Colombians went to poling stations on Sunday to express their opinion about initiative aiming to lower Congressmen salaries and adopt more effective and transparent public spending rules.

Sun, 26 Aug 2018 17:03:29 GMT

Guajardo says NAFTA talks are coming to an end

The Economy Minister of Mexico Ildefonso Guajardo stated on Sunday that bilateral talks with the United States regarding NAFTA were nearing completion.

Sun, 26 Aug 2018 16:14:29 GMT

Turkey promises to bring peace to its neighbours

The President of Turkey Tayyip Erdogan promised on Sunday to bring safety and peace to its southern neighbour Iraq and Northern Syria.

Sun, 26 Aug 2018 16:11:34 GMT

Germany calls to meet existing emissions aims

The German Chancellor Angela Merkel stated on Sunday that the European Union should not set more aspiring emissions goals despite explicit evidence of climate change.

Sun, 26 Aug 2018 15:30:05 GMT

Italy to veto EU's next budget on migrants

Italy is set to start opposing the EU's next budget after member states failed to abide by the agreement reached in June on handling migrants, Luigi Di Maio, the Deputy Prime Minister, stated.

Sun, 26 Aug 2018 15:22:17 GMT

France to take aim at social spending next year

Government of French President Emmanuel Macron is set to tackle spending on social welfare in 2019, in the next wave of reforms, the Prime Minister stated, even though France is likely to face a weaker expansion outlook.

Sun, 26 Aug 2018 14:26:30 GMT

Irish FM sees no-deal Brexit unlikely

Simon Coveney, the Foreign Minister of Ireland, stated that it is very unlikely that Britain would crash out of the EU in 2018 without an agreement about its exit with the bloc.

Sun, 26 Aug 2018 14:22:53 GMT

German public debt to drop below EU ceiling in 2018

Olaf Scholz, the German Finance Minister, stated that the country's public sector debt is likely to fall below the EU debt ceiling before the 2018 end, after data this week revealed that the economy was generating record-high surplus.

Sun, 26 Aug 2018 13:27:44 GMT

Cigna to buy Express Scripts for $67B

A global health service firm Cigna Corporation and Express Scripts, the provider of services of pharmacy benefit management, entered into a deal of Cigna acquiring Express Scripts for $67B.

Sun, 26 Aug 2018 13:20:23 GMT

Wangfujing net profit jumps in H1 on stable economic expansion

The Chinese department store retailer Wangfujing stated its net profit more than doubled in the first half of this year from a year earlier to reach $109.57M, supported by the country's stable economic growth.

Sun, 26 Aug 2018 12:29:02 GMT

China automobile imports grow in July

China's automobile imports witnessed solid growth pace in the month of July thanks to government attempts to lower tariffs for auto parts and autos, the General Administration of Customs stated.

Sun, 26 Aug 2018 12:24:58 GMT

Alibaba reports fastest expansion in four years

Alibaba Group reported the fastest growth pace in more than four years, as it got higher revenue from new areas, including entertainment and cloud computing, and avoiding the disappointments that affected rival companies.

Sun, 26 Aug 2018 11:02:43 GMT

Britain to create its own satellite system

According to the Sunday Telegraph, the UK will start building its own satellite system to substitute a €10B Galileo project of the European Union.

Sun, 26 Aug 2018 11:02:37 GMT

Syrian Muallem to visit Russia

The Foreign Minister of Syria Walid Muallem will pay an official visit to Russia in the upcoming week to discuss military situation, post-war reconstruction and trade relations.

Sun, 26 Aug 2018 10:04:23 GMT

Abe to fight for a chair in LDP

The Prime Minister of Japan Shinzo Abe on Sunday put forward his candidacy for the post of head of the Liberal Democratic Party (LDP) despite average ratings.

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