News

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Mon, 31 Dec 2018 07:30:40 GMT

Chinese factory activity decreases

For the first time in two years, Chinese factory activity decreased in December, revealing that a global economic slowdown is occurring.

Mon, 31 Dec 2018 05:41:44 GMT

Bank of Korea will keep policy unchanged

On Monday, the head of the South Korean central bank announced that next year the bank is set to keep its monetary policy unchanged.

Mon, 31 Dec 2018 05:41:16 GMT

Tokyo extends Nissan chairman's detention

On Monday, the court of the Tokyo district announced that the detention of the Nissan Motor Company chairman is extended until January 11.

Mon, 31 Dec 2018 05:28:05 GMT

Amazon will expand Whole Foods

It was announced on Monday by the Wall Street Journal that Amazon intends to expand their Whole Foods store chain.

Mon, 31 Dec 2018 05:27:38 GMT

Oil prices increase on Monday

Crude oil price benchmarks were gaining value during the early hours of the last trading session of the year due to an expected supply decrease next year.

Sun, 30 Dec 2018 18:06:48 GMT

El Salvador responds to US accusations

The Salvadoran Foreign Affairs Ministry on Sunday rejected accusation made by the US President Donald Trump that the Central American country was "doing nothing" to stop flow of illegal migrants to the US.

Sun, 30 Dec 2018 18:02:58 GMT

Russia promises tough response to US missiles deployment

Russian Foreign Minister Sergei Lavrov stated on Sunday that the US would bear severe consequences if it decided to deploy missiles in Europe in violation of the INF Treaty.

Sun, 30 Dec 2018 16:18:03 GMT

Italy adopts budget for next year

On Friday, the lower house of Italian Parliament approved budget plan proposed by the recently elected Giuseppe Conte's government.

Sun, 30 Dec 2018 16:13:43 GMT

Kim sends letter to Moon Jae-in

Leader of North Korea Kim Jong Un sent a letter to his South Korean counterpart Moon Jae-in, the South Korean President's office reported on Sunday.

Sun, 30 Dec 2018 15:16:17 GMT

Lebanon might face financial crisis

The Finance Minister of Lebanon Saad al-Hariri said on Sunday that continuation of political deadlock might result in heavy financial crisis.

Sun, 30 Dec 2018 15:10:03 GMT

Deutsche Bank denies help from government

The Chairman of Deutsche Bank Paul Achleitner stated on Sunday that the company is strong and there is no need for state help.

Sun, 30 Dec 2018 14:15:51 GMT

Russian army to deploy new S-350 Vityaz missile complex in 2019

Russian army is set to deploy the new generation missile complex S-350 Vityaz, Russia's Defence Minister stated on Sunday, in its long-planned move to make a replacement to the ageing S-300 system.

Sun, 30 Dec 2018 13:50:03 GMT

Liam Fox sees 50/50 chance Brexit deal might drop

Liam Fox, the Trade Minister, stated that there was a 50/50 chance the Brexit might be stopped, in case the Parliament lifted the government's withdrawal deal with the EU bloc next month.

Sun, 30 Dec 2018 13:16:33 GMT

UAE likely to resume civil flights to Syria

The UAE General Civil Aviation Authority (GCAA) stated on Sunday it was considering resumption of civil flights to Damascus amid re-opening of the country's embassy this week.

Sun, 30 Dec 2018 13:11:47 GMT

Russia ready for talks with US

In a New Year letter sent to the US President Donald Trump on Sunday, the Russian President Vladimir Putin inter alia wrote that Kremlin is always open for dialogue.

Sun, 30 Dec 2018 12:22:49 GMT

Eastern Congo opens polling stations for Presidential election

On Sunday, the polling stations were open in the eastern Congo for the country's Presidential election, which is believed to launch the first democratic power transfer, according to Reuters.

Sun, 30 Dec 2018 12:18:59 GMT

US-Sino trade war results in billion-dollars losses for both sides

The trade war between China and the United States resulted in losses worth billions of dollars for both the countries in 2018, hitting such industries as agriculture, technology and autos.

Sun, 30 Dec 2018 11:37:39 GMT

US newspaper distribution hit by cyber attack

On Saturday, the US major newspapers, including the Los Angeles Times, Baltimore Sun and Chicago Tribune, faced major delivery and printing disruptions caused by a cyber attack that led to that day's distribution delays.

Sun, 30 Dec 2018 11:32:48 GMT

Pacific trade pact comes into force on Sunday

The renewed version of the pact on the Trans-Pacific Partnership has come into force this Sunday, an agreement that will cut the tariffs across the Asia-Pacific region, not including the US, after it withdrew from the deal.

Sun, 30 Dec 2018 10:16:48 GMT

China seeks working with US amid Argentina's talks agreement

China seeks working with the United States, as it wants to implement the agreement reached by both countries during the talks in Argentina, China's foreign ministry announced on Sunday.

Sun, 30 Dec 2018 10:10:56 GMT

Israel's regulator fines Bezeq $3.0M over wholesale phone service

On Sunday, Bezeq Israel Telecom has been fined $3.0M by the country's regulator for failing to sell the wholesale phone service to its competitors.

Sun, 30 Dec 2018 09:39:29 GMT

North Korea's Kim seeks holding more summits with Moon

On Sunday, North Korea's leader Kim Jong Un stated he would seek more summits with his South counterpart Moon Jae-in in 2019 to reach the goal of denuclearisation on the Korean peninsula.

Sat, 29 Dec 2018 21:25:48 GMT

CVC launches talks over French insurer APRIL's stake

CVC Capital Partners, the private equity firm, has entered the exclusive talks with France's peer Evolem to acquire its controlling stake in the insurer APRIL, both companies announced on Saturday.

Sat, 29 Dec 2018 21:22:01 GMT

Serbians stage out protest against President Vucic

On Saturday, thousands of Serbians staged out a protest against their President Aleksandar Vucic and the ruling Serbia's Progressive Party in Belgrade, demanding media freedom and halting attacks on journalists.

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