News

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Sat, 18 Aug 2018 17:14:35 GMT

Erdogan challenges opponents without naming them

After two rating agencies rated down Turkish bonds to junk status the President of Turkey announced that he will challenge all who play games with the economy.

Sat, 18 Aug 2018 17:13:58 GMT

VW CEO knew about emissions before scandal

It has been revealed by Der Spiegel magazine that the CEO of Volkswagen knew about the scandalous emission software months before the scandal.

Sat, 18 Aug 2018 15:59:56 GMT

Geely closes deal with Proton

The Chinese automaker Geely announced on Saturday that the company has extended its partnership with Malaysian Proton Holdings Berhard.

Sat, 18 Aug 2018 15:59:45 GMT

Leaders of the Madagascar election are known

The incumbent President of Madagascar Hery Rajaonarimampianina is set to face his political rival and previous President Marc Ravalomanana in the upcoming election.

Sat, 18 Aug 2018 15:10:52 GMT

Iran comments on US sanctions

The Vice President of Iran on Saturday announced that Iran is resisting all pressure from US sanctions by relying on oil and other natural resources.

Sat, 18 Aug 2018 15:10:15 GMT

Imran Khan sworn in as Pakistan's PM

The former cricket player Imran Khan on Saturday was sworn in as the Prime Minister of Pakistan.

Sat, 18 Aug 2018 13:56:58 GMT

Muslims flock to Mecca

On Saturday, masses of Muslims flocked to their holy city Mecca ahead of the hay pilgrimage.

Sat, 18 Aug 2018 13:56:48 GMT

Qatar accuses Saudis of barring pilgrims

On Saturday, Qatari authorities accused Saudi Arabian officials of barring Qatari citizens from attending this year's haj in Mecca.

Sat, 18 Aug 2018 13:02:55 GMT

Kofi Annan dies at 80

On Saturday, the previous Secretary General of the United Nations died at the age of 80. Kofi Annan died in a hospital in Switzerland.

Sat, 18 Aug 2018 13:01:49 GMT

Lukashenko dismisses ministers

The President of Belarus on Saturday dismissed the Prime Minister of the country and other ministers.

Sat, 18 Aug 2018 12:39:30 GMT

Major Japanese banks to cut ATM amount

The major banks of Japan are planning to reduce the amount of automated teller machines in Japan because of the rapid expansion of online banking.

Sat, 18 Aug 2018 12:37:08 GMT

US raises $300M from coalition partners to stabilise Syria

The US State Department claimed that it had secured $300M from the US coalition partners to stabilise Syrian parts retaken from the Islamic State after Donald Trump's statement that US allies help to cover the cost of Syrian war.

Sat, 18 Aug 2018 11:36:47 GMT

Iran mounts new defence weapons system

On Saturday, Iranian Navy Commander Hossein Khanzadi claimed that Iran has installed a new advanced defence weapons system on its warship for the first time as a result of tensions between Iran and the US in the Gulf.

Sat, 18 Aug 2018 10:38:32 GMT

Xi Jinping to visit North Korea next month

On Saturday, Singaporean newspaper Straits Times reported that the President of China Xi Jinping is planning to visit North Korea next month to attend the celebration of the 70th anniversary of the founding of North Korea.

Sat, 18 Aug 2018 10:29:51 GMT

Geely to extend its partnership with Proton

Chinese carmakers Geely has claimed that it is planning to extend a partnership with Malaysian automaker Proton Holdings Berhad to upgrade the line-up of the manufacturer and to help Proton start selling cars abroad.

Sat, 18 Aug 2018 09:20:31 GMT

China's imports of solid waste keep slumping

Solid waste imports in China slumped further in the first seven-month period of 2018, as the country's government intensified enforcement of the ban on these imports.

Sat, 18 Aug 2018 08:24:26 GMT

ValueAct invests $800M in financial stocks in Q2

ValueAct boosted the hedge fund's investments in financial stocks by $800M over the course of the second quarter, citing attractive risk-adjusted big banks' values.

Sat, 18 Aug 2018 08:21:05 GMT

Qutoutiao files for initial public offering

China's content aggregator Qutoutiao backed by tech giant Tencent Holdings, filed for an IPO of up to $300M with the US Securities and Exchange Commission.

Sat, 18 Aug 2018 06:55:38 GMT

Pingan Bank's net income increases 6.5%

Pingan Bank's net income increased 6.5% to $1.9B in the first half of the year due to strong performance in the retail sector, financial report filed to the Shenzhen Stock Exchange shows.

Sat, 18 Aug 2018 06:54:45 GMT

China outbound investment increases

China's non-financial outbound direct investment increased to $65.27B in the first half of the year, a 14.1% increase from the same period a year ago, the Ministry of Commerce reports.

Sat, 18 Aug 2018 06:32:23 GMT

Volkswagen staff members: CEO, ex-CEO guilty

The former Volkswagen CEO Martin Winterkorn and the company's current CEO Herbert Diess have both been incriminated during the ongoing "dieselgate" investigation, the German magazine Spiegel reports.

Sat, 18 Aug 2018 06:31:14 GMT

Russia accuses US of violating international law

Russia has delivered a note of protest to the US State Department over the breach of international law with connection to Russian diplomatic mission in the US territories, the Russian Foreign Ministry says.

Fri, 17 Aug 2018 20:11:49 GMT

Germany reaches migrant deal with Greece

Germany's Interior Ministry said on Friday that Greece has agreed to take back migrants, who have previously applied for asylum in the Mediterranean country.

Fri, 17 Aug 2018 20:10:24 GMT

Wall Street edges higher on reports of trade progress

On Friday, the Dow Jones and the S&P 500 Industrials extended their earlier gains on news of potential development in reducing trade tensions between China and the United States.

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