News

Note: This section contains information in English only.
Thu, 30 Nov 2017 11:26:10 GMT

Turkey's Denizbank denies collaboration with Zarrab

On Thursday, Turkish Denizbank stated it did not collaborate with the gold trader Reza Zarrab, who was found guilty of helping Iran get around the US sanctions.

Thu, 30 Nov 2017 11:02:14 GMT

Net migration to UK drops in 12 months after Brexit

According to the official data reported on Thursday, net migration to Britain plunged to 230K people in a year, following the 2016 Brexit referendum, mostly driven by the EU citizens.

Thu, 30 Nov 2017 10:26:14 GMT

France hopes to sell armoured cars, fighter jets to Qatar

French Defence Minister is hoping to clinch deals with Qatar to sell armoured vehicles and Rafale fighter jets to the country during the President Emmanuel Macron's scheduled visit in December.

Thu, 30 Nov 2017 10:17:13 GMT

Pope to meet Rohingya group in Bangladesh

Pope Francis is visiting Bangladesh after his trip to Myanmar to meet the Rohingya Muslims and help move forward to finding solution to the refugee problem.

Thu, 30 Nov 2017 09:30:34 GMT

OPEC and allies to agree on oil cut extension by 2018-end

OPEC and its allies are set to agree at Thursday's meeting on oil output cut extension by the end of the next year, four sources of OPEC reported.

Thu, 30 Nov 2017 09:22:49 GMT

EU urges Myanmar to assure equal rights for all in Rakhine

On Thursday, the EU ambassador to Myanmar stated that the country must assure equal rights for all people in the troubled Rakhine state amid talks over repatriation of about 620K Rohingya Muslims.

Thu, 30 Nov 2017 08:28:53 GMT

QIA may invest in Qatar Airways and local projects

Qatar Investment Authority sovereign funds is considering investment in the national carrier Qatar Airways and local projects, as it has already set a plan to support real estate development Katara.

Thu, 30 Nov 2017 08:22:26 GMT

Aviva to pledge $4B in excess cash within two years

British insurer Aviva is planning to spend around $4B in excess cash in the following two years, after several years of restructuring and bringing business to a high quality, the insurer stated on Thursday.

Thu, 30 Nov 2017 07:24:18 GMT

Asian shares edge lower on Thursday

Asian shares weakened on Thursday, as investors feared that the boom in micro-chips that had previously driven technology stocks has reached its peak.

Thu, 30 Nov 2017 07:14:59 GMT

Australia to hold inquiry into its financial sector

The Australian government noted on Thursday that it would request an inquiry into its financial sector, as scandals have undermined confidence in the country's financial system and its economy.

Thu, 30 Nov 2017 05:52:00 GMT

BoJ board member excludes talk of early stimilus quit

Yutaka Harada, the Bank of Japan's board member, said that the Bank had no cause to unwind the ultra-easy monetary policy, as consumer price growth was still below the 2% target.

Thu, 30 Nov 2017 05:51:32 GMT

China overseas investment keeps large potential for growth

Chinese overseas investment remained with relatively large potential for expansion, despite challenges occurring from higher protectionism in the markets, the NDRC stated.

Thu, 30 Nov 2017 05:20:59 GMT

Musk to contend to fund Chicago's high-speed Loop

Elon Musk announced that his firm The Boring Company is set compete to build, operate and fund a high-speed Loop, which would connect Chicago and O‘Hare Airport.

Thu, 30 Nov 2017 05:19:50 GMT

Airbus to pitch A350 jet for non-stop flights between Sydney and London

Airbus and Qantas Airways negotiated about a jet that could fly non-stop from Sydney to London, considering the A350-900ULR model rather than restarting shorter A350 variant.

Thu, 30 Nov 2017 03:53:16 GMT

China's factory growth surges unexpectedly in November

Chinese manufacturing sector expanded surprisingly in November, with the PMI rising to 51.8 from 51.6 in the prior month, despite air pollution crackdown and cooling housing market.

Thu, 30 Nov 2017 03:52:49 GMT

Softbank aims to buy extra Flipkart shares at diminished valuation

Japan's Softbank suggested to purchase undisclosed quantity of shares in India's e-commerce major Flipkart at a diminished valuation within the range of $9B to $10B.

Thu, 30 Nov 2017 03:09:30 GMT

Bank of Korea hikes interest rates, as expected

The South Korean Central Bank made an interest rate increase to 1.50% from 1.25% for the first time in six years, as the economy performed well due to a sustained boom in exports.

Thu, 30 Nov 2017 03:08:30 GMT

Japan industrial production rises 0.5% in October

Japanese industrial output revealed a slightly weaker increase of 0.5% in October, while companies anticipate production to grow further in the quarter, owing to solid overseas demand.

Wed, 29 Nov 2017 20:52:16 GMT

SNB could intervene to help Swiss Franc, says Zurbruegg

The Vice-Chairman of the Swiss National Bank Fritz Zurbruegg said that the central bank could intervene in the market to reduce the safe-haven pressure on the Swiss Franc.

Wed, 29 Nov 2017 20:51:58 GMT

Trump to host Libyan PM on Friday

The US President Donald Trump is to host Libya's Prime Minister Fayez al-Sarraj in his residence in Washington on Friday to discuss counterterrorism and bilateral trade.

Wed, 29 Nov 2017 20:03:25 GMT

Macron says Russia, China should increase sanctions on North Korea

The French President Emmanuel Macron said on Wednesday that China and Russia as members of the UN Security Council should support stronger sanctions on North Korea.

Wed, 29 Nov 2017 19:55:24 GMT

Yellen says tax code should be improved to fight against income inequality

When speaking about income inequality, the Fed Chair Janet Yellen said that tax code equity should be improved, as the US was still suffering from slow growth in productivity.

Wed, 29 Nov 2017 19:12:47 GMT

German court releases soldier accused of attack plan

A German court ordered the release of a soldier suspected over attack on politicians and incriminate asylum seekers on Wednesday, mentioning that evidences were not enough to keep him arrested.

Wed, 29 Nov 2017 19:08:11 GMT

Mexico's new central bank chief worried over inflation risks

The Head of Mexico's Central Bank, Alejandro Diaz de Leon, in his first interview after being nominated to replace Agustin Carstens expressed worries over inflation risks.

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