News

Note: This section contains information in English only.
Sun, 10 Sep 2017 15:00:53 GMT

Merkel sees agreement on refugees distribution

The German Chancellor Angela Merkel expressed optimism that a dispute over how to distribute refugees in the EU would soon be solved after a court ruled that member states had to take in a share of asylum seekers who reached Europe.

Sun, 10 Sep 2017 14:02:42 GMT

Spain to rely on China's market

Spain's Secretary of State for Commerce said that for several years commercial exchange between China and Spain had been above the €20B mark, while the number of Spanish companies with commercial presence in China reached 6K. 

Sun, 10 Sep 2017 13:52:54 GMT

European bank regulators intend to hire dozens of specialists prior to Brexit

Europe's bank regulators intend to hire dozens of risk specialists to get ready for an influx of banks escaping Brexit, raising salaries and increasing staff budgets. 

Sun, 10 Sep 2017 13:11:19 GMT

Tsipras calls on IMF to decide on participation in Greek bailout programme

The IMF should decide whether it will take part in Greece's current bailout programme by the end of the year, the country's Prime Minister Alexis Tsipras said. 

Sun, 10 Sep 2017 13:06:44 GMT

Russia urges dialogue between Qatar and Arab countries

Russia's Foreign Minister Sergei Lavrov called on Qatar and the Arab countries to enter into talks to solve a diplomatic dispute and restore regional unity.

Sun, 10 Sep 2017 11:52:54 GMT

Egypt's inflation calms down after reaching growth peak in Q3

The inflation growth in Egypt eased in August, suggesting that the increase in prices before the government's subsidy cuts rebound have peaked.

Sun, 10 Sep 2017 11:52:29 GMT

Philippines wants to prohibit ASEAN security personnel from carrying phones

The Philippines is set to forbid the use of mobile phones by security personnel during the East Asian Summit and summit of the ASEAN in November.

Sun, 10 Sep 2017 10:50:47 GMT

China to ban fossil fuel car sale in favour of electric vehicles

China is likely to set a deadline for car manufacturers to finish sales of fossil fuel vehicles in an attempt to push companies to boost efforts in electric cars' development.

Sun, 10 Sep 2017 10:50:32 GMT

Australia's banks to quit wealth management without force

Australian banks are expected to leave their wealth-management business without being forced by government, parliamentary banking inquiry head said.

Sun, 10 Sep 2017 10:06:49 GMT

UK inflation targets still difficult to achieve

The BoE is unlikely to surprise markets with any changes announced at the next week's meeting, as a Brexit fears offset concerns over the higher-than-expected inflation growth.

Sun, 10 Sep 2017 10:06:38 GMT

China's nursery education firm prepares for $100M IPO in US

Chinese company RYB Education Institution, which provides early childhood education, is set to raise nearly $100M through an IPO in the US.

Sun, 10 Sep 2017 08:57:59 GMT

Merkel prepared for Iran-style nuclear talks on North Korean crisis

Angela Merkel stated that she would be ready to become involved in talks over the end of the North Korea's nuclear missiles program, suggesting the Iran nuclear talks as a model

Sun, 10 Sep 2017 08:57:15 GMT

Moutai sees strong growth along Belt and Road

China's liquor brand Moutai reported that the company's overseas sales along Belt and Road with a total yearly increase of 40% in the H1 of 2017.

Sun, 10 Sep 2017 08:03:48 GMT

Maersk reports trade growth amongst BRICS Nations

One of the largest container shipping firm Maersk saw solid growth in containerised trade amongst BRICS countries in the first half of 2017.

Sun, 10 Sep 2017 08:03:07 GMT

China's CEFC to buy 14.16% stake in Russian Rosneft for $9.1B

China's oil company CEFC plans to buy a stake of 14.16% in Russia's oil firm Rosneft for a total value of $9.1B after the US imposes new sanctions on Russia.

Sun, 10 Sep 2017 06:50:21 GMT

Apple to release iPhone X

Sources close to the matter reported on Saturday that Apple's brand-new smartphone would be called iPhone X.

Sun, 10 Sep 2017 06:50:10 GMT

Turkey issues warning for Turkish citizens living in Germany

The Turkish Foreign Minister cautioned Turkish citizens living in Germany to take care during the election cycle, citing rising racism.

Sun, 10 Sep 2017 06:22:53 GMT

US Undersecretary of State to meet Russian Deputy Foreign Minister

The US Department of State reported that the US Undersecretary of State Thomas Shannon would meet Russia's Deputy Foreign Minister Sergei Ryabkov on September 10-12 in Helsinki.

Sun, 10 Sep 2017 06:16:03 GMT

Mexico earthquake death toll rises to 90

The death toll from the 8.2-magnitude earthquake that hit Mexico on Thursday rose to at least 90, according to local media.

Sun, 10 Sep 2017 04:53:26 GMT

North Korea's leader holds celebration for nuclear scientists

The leader of North Korea Kim Jong Un hosted a celebration for nuclear scientists who directed and oversaw its largest nuclear test last week, the country's news agency reported.

Sun, 10 Sep 2017 04:47:15 GMT

Rohingya insurgents introduce temporary ceasefire to help humanitarian crisis

Arakan Rohingya Salvation Army declared a one-month unilateral ceasefire from this Sunday to enable humanitarian aid groups to provide assistance in northwest Myanmar.

Sun, 10 Sep 2017 04:06:18 GMT

China aims to limit $3T shadow banking industry

In order to deal with the fast growing $3T shadow banking industry, Chinese regulators ordered trust companies to strengthen their compliance practices and increase transparency.

Sun, 10 Sep 2017 03:53:52 GMT

China conducts research on when to stop production, sales of fuel cars

China began studies to determine a timeline for when to halt the production and sale of diesel and petrol cars, as reported by the Chinese news agency Xinhua.

Sun, 10 Sep 2017 02:50:19 GMT

Egypt DM to visit South Korea on military cooperation

Sedqi Sobhi, the Egyptian Defence Minister, is set to visit South Korea to negotiate over security and military cooperation between both countries.

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