News

Note: This section contains information in English only.
Thu, 25 May 2017 14:00:39 GMT

ONS revises down UK Q1 GDP growth

The ONS released its second Q1 GDP estimate on Thursday, which showed the UK economy expanded at a 0.2% pace in the March quarter, compared to an initially reported pace of 0.3%.

Thu, 25 May 2017 13:31:35 GMT

US and EU plan to boost trade cooperation

The United States and the European Union came to an agreement to begin work on a plan aimed to increase trade cooperation.

Thu, 25 May 2017 12:51:47 GMT

Ford to appoint new chiefs for Europe and Asia

According to the Financial Times, Ford Motor is eager to name replacements for its EU and Asian top executive positions this Thursday.

Thu, 25 May 2017 12:33:52 GMT

Harvard invites Facebook's Zuckerberg as commencement speaker

The founder of Facebook social media Mark Zuckerberg will "return" to Harvard University as a commencement speaker to address the graduating class on Thursday.

Thu, 25 May 2017 12:23:03 GMT

Trump visits Brussels for meeting with EU heads

The US President Donald Trump visited Brussels for meeting with the chiefs of the EU institutions on Thursday ahead of the NATO leaders' summit at the HQ of military alliance later that day.

Thu, 25 May 2017 11:00:09 GMT

UK police receive alleged bomb call at Manchester's college

British police reported that a bomb disposal team responded to a warning call on an alleged bomb at the Trafford college and took immediate actions following the latest attack in Manchester.

Thu, 25 May 2017 10:59:54 GMT

Indonesia launches raids amid IS links to Jakarta attacks

On Thursday, Indonesian police raided sites of a suspected suicide attacker as the government believed the Islamic State group was connected to the Jakarta bombings that left three policemen dead.

Thu, 25 May 2017 10:26:45 GMT

Iran builds third missile factory

According to the Fars news agency, Iran completed construction of their third underground ballistic missile factory and is likely to continue the development of their missile program, despite warnings and sanctions from the US.

Thu, 25 May 2017 09:31:07 GMT

UK 2016 net migration drops 84K from prior year

The ONS reported on Thursday that net migration to the United Kingdom was 248K in 2016 and plunged 84K down from the preceding year, still falling short of the British government's target.

Thu, 25 May 2017 09:14:32 GMT

Britain's UKIP election campaign restarts after Manchester attack

On Thursday, the British UK Independence Party is eager to resume an election campaign, unveiling its policy pledges as it was ceased amid the Manchester suicide attack that left 22 people dead.

Thu, 25 May 2017 08:33:54 GMT

China warns US naval vessel to leave South China Sea

On Thursday, China warned the US warship to leave as it sailed too close to the disputed South China Sea, violating the borders.

Thu, 25 May 2017 08:23:14 GMT

OPEC to meet for talks on oil cuts extension

The OPEC together with other oil producers are eager to meet on Thursday to discuss an output cuts extension by nine or 12 months with intention to clear global stocks' overhang and keep afloat crude prices.

Thu, 25 May 2017 07:28:40 GMT

New Zealand to invest bigger 2017 surplus in infrastructure

According to Finance Minister Steven Joyce, New Zealand plans to surprise markets by posting higher-than-expected budget surplus in 2017 and invest in infrastructure to boost the growing economy.

Thu, 25 May 2017 07:15:21 GMT

UK police arrest two more suspects in Manchester attack

On Thursday, the British police reported that it had arrested two more suspects linked to the Manchester suicide bombing, enlarging the number of people in detention to eight.

Thu, 25 May 2017 06:33:15 GMT

Indonesia blames Islamic State for Jakarta suicide bombings

Indonesia's police believe that the Islamic State is connected to the suspected suicide bombings in Jakarta that left three policemen dead.

Thu, 25 May 2017 06:27:51 GMT

23M Americans may lose health coverage amid US Republican bill

The US House Republicans introduced a new bill that would lead to the reduction of healthcare coverage and affect about 23M of people by 2026, while de-stabilising health insurance markets in several states.

Thu, 25 May 2017 05:18:00 GMT

Lenovo's Q4 profit falls 41%

On Thursday, Lenovo Group Ltd., a Chinese computer maker, reported a 41% drop in profit for the fourth quarter, caused by lower demand for personal computers.

Thu, 25 May 2017 05:04:35 GMT

Philippine Finance Minister attempts to dismiss martial law concerns

On Thursday, Carlos Dominguez, the Finance Minister of the Philippines, stated that President Duterte's decision to impose martial law on the Mindanao island does not affect the economic situation in the area, attempting to allay investor doubts.

Thu, 25 May 2017 04:30:59 GMT

Oil edges up on OPEC's 2018 output cut expectations

Early on Thursday, prices for oil edged at least 1% higher, amid expectations of the OPEC announcing its production cut extension into 2018 in a meeting due later today.

Thu, 25 May 2017 04:22:31 GMT

Lenin Moreno becomes Ecuador's new president

On Wednesday, the former vice president of Ecuador Lenin Moreno was sworn in as the country's new president, having promised to keep his predecessor's social programs intact.

Thu, 25 May 2017 02:53:37 GMT

Russians debate how to impact Trump via advisors

Senior Russian political officials and intelligence discussed how to impact Donald Trump through his aides, according to the facts gathered by American agents last summer.

Thu, 25 May 2017 02:44:57 GMT

Fed's Kaplan thinks "very strongly" trade agreements help US

Robert Kaplan, the Dallas Fed President, said he thinks "very strongly" that US trade relationships with Mexico, Canada support US competitiveness.

Thu, 25 May 2017 02:11:53 GMT

BNP Paribas to make $350M payment to settle New York probe

BNP Paribas agreed to pay $350M to the New York Department of Financial Services to resolve an investigation of company's misconduct in FX trading business.

Thu, 25 May 2017 02:07:44 GMT

Treasury head says revising Iran's plane licenses

The US Treasury is revising licenses for Airbus and Boeing to sell jets to Iran, Steven Mnuchin said, showing intention to increase sanctions on Syria, Iran and North Korea.

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