News

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Fri, 20 Oct 2017 16:14:59 GMT

Suicide bomber kills 30 in Afghan capital mosque

At least 30 people died after a suicide bomber had targeted a Shiite mosque in the Afghan capital Kabul on Friday night, the police reported.

Fri, 20 Oct 2017 14:55:32 GMT

Wall Street gains on bank and tech stocks data

US stocks rose on Friday on bank stocks increase and tech stocks recovery, after investors' optimism returned as the administration of Donald Trump signaled on lower taxes.

Fri, 20 Oct 2017 14:55:18 GMT

Kobe Steel stops shipping 43 pct of copper products from Hatano plant

Kobe Steel decided to stop shipping around 43% of copper products from Hatano plant, since it appeared to violate the country's industrial standards.

Fri, 20 Oct 2017 14:33:39 GMT

EU to cut money for Turkey amid sour ties

The European Union is willing to reduce some money earmarked for Turkey's join to the bloc amid increasingly strained relations with Ankara.

Fri, 20 Oct 2017 14:24:37 GMT

XPO Logistics to add 6K seasonal workers

XPO Logistics is hiring over 6K holiday workers for the festive season, which is 20% more than the previous year, as the US company seeks a surge in the e-commerce delivery.

Fri, 20 Oct 2017 13:34:21 GMT

Czechs trigger Parliamentary vote on Friday

Citizens of the Czech Republic started voting this Friday in the country's Parliamentary election seen to grant power to a wealthy businessman and politician Andrej Babis.

Fri, 20 Oct 2017 13:31:26 GMT

Austria's Kurz gets permission to form government

The Austrian President granted the Conservative leader Sebastian Kurz a permission to form the government, after he secured 31.5% vote in the Parliamentary election on Sunday.

Fri, 20 Oct 2017 12:29:07 GMT

Namibia's Airbnb hosts risk imprisonment if fail to register

Namibia warned the Airbnb local home owners that they risked imprisonment, in case the hosts failed to register with tourism regulatory body by the end of the year.

Fri, 20 Oct 2017 12:18:25 GMT

Spain to introduce measures on October 21 direct rule

Spain's Prime Minister Mariano Rajoy is willing to announce on Saturday the measures to impose a direct rule on Catalonia over the wealthy region's bid to separate from the country.

Fri, 20 Oct 2017 11:10:43 GMT

Japan regional banks to face questions on business models

The Japanese financial regulator is willing to question the country's regional banks over poor business models amid FSA's concerns of neglecting core lending operations to domestic businesses.

Fri, 20 Oct 2017 11:10:27 GMT

Japan Emperor Akihito to abdicate in March 2019

According to the Asahi newspaper, the Japanese Emperor Akihito will likely abdicate in March of 2019, while the Crown Prince Naruhito is seen to ascend his throne immediately after in April.

Fri, 20 Oct 2017 09:55:10 GMT

UK, Canada to discuss Airbus/Bombardier deal on Friday

The British Business Secretary Greg Clark is to meet Canadian government officials on Friday to discuss Airbus/Bombardier partnership on C-Series aircraft program.

Fri, 20 Oct 2017 09:54:46 GMT

Dollar, European stocks strengthen in response to US pro-business policy

The US Dollar and European stocks edged higher on Friday in response to the US Senate approving a budget draft that favours tax cuts and increased infrastructure spending.

Fri, 20 Oct 2017 09:31:58 GMT

Iran military head visits frontline close to Aleppo

The Iranian military chief Mohammed Baqeri visited the frontline position close to Aleppo in a visit that underlined the deep military role of Tehran in Syria.

Fri, 20 Oct 2017 09:05:55 GMT

Imprimis Pharma shares jump on eye drug cheaper alternative

On Thursday, Imprimis Pharma shares skyrocketed 91%, following the company's announcement about launch of the cheaper alternative Restasis to Allergan's eye drug by next month.

Fri, 20 Oct 2017 08:27:03 GMT

Spain agrees to hold Catalan regional elections in 2018

The Spanish government and the opposition Socialists have come to an agreement to hold Catalonia's regional elections in January, the Socialist official Carmen Calvo said on Friday.

Fri, 20 Oct 2017 08:10:11 GMT

Ride-hailing firm Grab secures $700M in debt facilities

The major Uber rival Grab has secured up to a $700M in debt facilities, as it seeks to create the biggest car rental programme in the Southeast Asia.

Fri, 20 Oct 2017 07:27:13 GMT

Turkey to arrest 110 people suspected of Gulen links

Turkey's authorities ordered arrest of 110 suspects over the alleged links to the Gulen movement that was accused by the government of orchestrating a failed coup attempt last July.

Fri, 20 Oct 2017 07:12:45 GMT

Singapore's CPI expected rising 0.4% in September

According to polls, the consumer price index of Singapore is seen to have risen 0.4% in September at the equal pace as the prior month from 2016 amid higher petrol prices.

Fri, 20 Oct 2017 06:30:23 GMT

Certification firm launches Kobe Steel plant inspection

On Friday, the embattled steelmaker Kobe Steel stated that a standards certification firm had launched inspection of one of the company's plants to see whether it complies with industrial standards.

Fri, 20 Oct 2017 06:24:19 GMT

Singapore PM ready to quit in couple of months

Singapore's Prime Minister Lee Hsien Loong stated that he was ready to leave his post in a few months; however, his successor had not been picked yet.

Fri, 20 Oct 2017 05:08:36 GMT

Trump to nominate Washington antitrust attorney to lead FTC

The White House announced that the US President Donald Trump was set to nominate Joseph Simons, the Washington antitrust attorney, to head the Federal Trade Commission.

Fri, 20 Oct 2017 05:07:52 GMT

Singapore Airlines to close $13.8B Boeing deal next week

On Friday, Singapore Airlines said the company was ready to finalise the order of 39 Boeing planes worth $13.8B as soon as next week.

Fri, 20 Oct 2017 04:19:03 GMT

US Democrats fail to bar Arctic Refuge oil drilling

Late on Thursday, the US Democrats failed to forbid oil and gas drilling in the Arctic National Wildlife Reserve, northeastern Alaska.

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