News

Note: This section contains information in English only.
Mon, 26 Mar 2018 17:56:19 GMT

Chinese Premier wants to avoid trade war

Premier Li Keqiang announced on Monday that China and the US should negotiate and avoid a trade war. Moreover, the Premier was ready to pledge the easing of access to the Chinese markets for American companies.

Mon, 26 Mar 2018 17:08:51 GMT

White House is revealed to be in talks with China

The trade adviser of the White House Peter Navarro on Monday announced that the United States are in bilateral trade talks with China.

Mon, 26 Mar 2018 17:08:44 GMT

South Africa investigates SAP deal

The anti-corruption agency of South Africa has begun to investigate a $60M government contract with the software firm SAP.

Mon, 26 Mar 2018 16:05:27 GMT

Sierra Leone's election will go ahead

High Court of Sierra Leone has recalled the injunction to delay the second round of the country's presidential election.

Mon, 26 Mar 2018 15:59:59 GMT

High rank North Korean official might be in Beijing

Japanese media outlets are reporting that a high-ranking official from North Korea might have arrived by train in Beijing.

Mon, 26 Mar 2018 15:59:48 GMT

Concern and disappointment set in after Uber and Grab deal

As Uber sold its Southeast Asia business to the local rival Grab, users and drivers on Monday expressed concern over issues arising from decreased competition.

Mon, 26 Mar 2018 15:07:01 GMT

UK opposition wants to influence Brexit

British Labour Party on Monday announced that the UK policy makers should make the last decision on the finalized Brexit deal.

Mon, 26 Mar 2018 15:05:10 GMT

FCC chairman proposes new measures

The chairman of the Federal Communications Commission Ajit Pai on Monday proposed new rules. Namely, he proposed the ban of government purchase of assets from companies that might pose a threat to US communications networks.

Mon, 26 Mar 2018 14:36:18 GMT

Pep Boys halts ads on Facebook amid data security breach

On Monday, the US car parts retailer Pep Boys stated it would suspend all Facebook advertising amid data privacy concerns, joining the Internet company Mozilla in removing ads from the social media platform.

Mon, 26 Mar 2018 14:31:43 GMT

France to remove four Russia's diplomats over nerve agent attack

France has ordered the expulsion of four Russia's diplomats in retaliation to the Salisbury attack on a former Russian spy, calling on officials to leave the country within a week.

Mon, 26 Mar 2018 13:33:04 GMT

Trump removes 60 Russians, shuts down consulate in Seattle

On Monday, the US President Donald Trump expelled 60 Russians, including 12 intelligence officers, from the United States and shut down Russia's consulate in Seattle amid nerve agent attack.

Mon, 26 Mar 2018 13:26:33 GMT

Mercedes to call off around 4,5K vehicles in Russia

Daimler's Mercedes-Benz is set to recall 4,419 of the carmaker's GLC-class and C-class vehicles in Russia amid a possible driver airbag's fault, the Russian standards agency stated on Monday.

Mon, 26 Mar 2018 11:52:08 GMT

South Korea's Hyundai union may face GM-like crisis

The head of South Korea's Hyundai union Ha Bu-young expressed some serious concerns over possible General Motors-like crisis his car unit might face amid sliding sales in its key market.

Mon, 26 Mar 2018 11:51:57 GMT

China urges WTO to oppose US steel tariffs

On Monday, China's official Zhang Xiangchen called on the World Trade Organisation to oppose steel and aluminium tariffs imposed by the United States, as they are incompatible with the WTO.

Mon, 26 Mar 2018 11:30:49 GMT

Louis Vuitton hires Off-White's Abloh as menswear designer

On Monday, LVHM's Louis Vuitton luxury brand announced it had hired the streetwear label Off-White's founder Virgil Abloh to design the fashion house's menswear collections.

Mon, 26 Mar 2018 11:27:17 GMT

SoftBank considers $1B investment in China's Manbang Group

The Japanese SoftBank Group considers investing $1B into China's truck-hailing firm Manbang Group, according to the Wall Street Journal's report published on Monday.

Mon, 26 Mar 2018 10:16:02 GMT

IMF: Swiss economy likely to suffer from trade wars, mortgage market

According to the International Monetary Fund, the Swiss economic recovery could be damaged by global trade tensions and its stretched mortgage and real-estate market.

Mon, 26 Mar 2018 10:10:01 GMT

BMW to recall around 44k vehicles in China

The German car manufacturer BMW is set to recall 44 052 vehicles in the Chinese market due to production defects, according to the supervisor AQSIQ.

Mon, 26 Mar 2018 09:39:03 GMT

Companies affected by GM plant closure to get $37M aid

On Monday, the South Korean Central Bank stated that it would pledge $37M of aid to the firms that had been hit by the General Motor's plant shutdown.

Mon, 26 Mar 2018 09:33:06 GMT

China's Guo Shuqing becomes PBOC and Communist Party chief

China has officially appointed Guo Shuqing as the People's Bank of China Deputy Governor and the Communist Party's head, the Financial News announced on Monday.

Mon, 26 Mar 2018 08:36:38 GMT

China seeks talks with US over trade differences

China is calling the United States for talks, as it seeks to find a solution to their trade differences, the Chinese Foreign Minister stated on Monday.

Mon, 26 Mar 2018 08:32:16 GMT

North Korea's Foreign Minister heads to Russia in April

According to the Russian TASS news outlet, North Korea's Foreign Minister Ri Yong Ho is likely to visit Moscow in mid-April.

Mon, 26 Mar 2018 07:34:54 GMT

South Korea, the United States to reconsider trade pact

South Korea and the United States agreed to revise the trade deal that had been sharply criticised by the President Donald Trump, Seoul stated on Monday.

Mon, 26 Mar 2018 07:31:17 GMT

Israel's Netanyahu faces questioning over corruption case

On Monday, the Israeli police questioned the Prime Minister Benjamin Netanyahu over the alleged links to the telecommunication company's corruption case, according to Israel Radio.

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