News

Note: This section contains information in English only.
Thu, 10 Aug 2017 12:51:58 GMT

Initial jobless claims jump 3K last week

The number of applications for US unemployment benefits surged 3K to 244K in the week ending August 5, following the prior week's upwardly revised 241K reading.

Thu, 10 Aug 2017 12:31:32 GMT

Man jailed to 10 years for spying on UAE for Iran

The United Arab Emirates sentenced an Iranian national to 10 years in prison for spying and aiding Iran's nuclear programme, the local news agencies reported on Thursday.

Thu, 10 Aug 2017 12:02:59 GMT

VW, Tata Motors end discussion on emerging markets collaboration

On Thursday, Germany's Volkswagen and Indian Tata Motors finished their negotiations over car development cooperation for emerging markets, saying the strategic benefits are below their threshold levels.

Thu, 10 Aug 2017 10:56:53 GMT

German lawmakers to arrive at Konya's air base in September

According to the Turkish foreign ministry, Germany's lawmakers are scheduled to visit German soldiers at Konya's air base on September 8 as a part of the NATO trip.

Thu, 10 Aug 2017 10:56:44 GMT

Washington to take "appropriate actions" on North Korea

The United States is willing to take "any appropriate actions" to protect the country from North Korean threats, following the North's plans to launch rockets on the US Pacific territory of Guam.

Thu, 10 Aug 2017 10:01:43 GMT

Philippines eyes domestic bonds sale to support Marawi rebuild

The Philippines would raise nearly $591.7M by sale of 20-year bonds in the country's market to fund the rebuilding of its southern city Marawi, the Finance Department stated.

Thu, 10 Aug 2017 10:01:31 GMT

Turkey to limit traffic of goods at Syria crossing

Turkey is set to impose limitation on the amount of non-humanitarian products movement at the border crossing with Syria, as the Syrian side remained under terrorist control.

Thu, 10 Aug 2017 09:26:55 GMT

Merkel's support slips six weeks ahead of election

According to the Infratest dimap poll, support for the German Chancellor Angela Merkel dropped by 10 points six weeks ahead of the election in which she sought to win another term.

Thu, 10 Aug 2017 09:12:35 GMT

Turkey issues detention warrants of 35 people amid coup crackdown

On Thursday, Turkey's government ordered detention of 35 people in Anadolu on suspicion of connections to the last year's failed military coup attempt.

Thu, 10 Aug 2017 08:29:21 GMT

London double-decker bus rams into building, injuring people

On Thursday, a double-decker bus rammed into a building in the South of London, leaving a number of passengers injured and two people trapped inside.

Thu, 10 Aug 2017 08:03:35 GMT

Toshiba seeks to sell its chip business by end-March

Toshiba is still making attempts to close its chip business sale by the end of the fiscal year to the upcoming March, hoping to cover a $6.3B impact in liabilities related to Westinghouse.

Thu, 10 Aug 2017 07:32:34 GMT

Toymaker Lego names Christiansen as new chief executive

The Danish toymaker Lego announced on Thursday it had appointed Niels B. Christiansen as a new chief executive with intention to replace Bali Padda, who would take a special advisory role for the company.

Thu, 10 Aug 2017 07:26:31 GMT

Venezuela's political crisis deepens, Peru afraid of civil war

The Peru Foreign Minister stated that the Venezuelan political crisis deepening might lead to civil war, following imploding of the country's economy under the rule of the President Nicolas Maduro.

Thu, 10 Aug 2017 06:29:42 GMT

Kaspersky to withdraw antitrust complaints against Microsoft

The Russian cyber-security firm Kaspersky stated on Wednesday that it was eager to withdraw antitrust complaints against Microsoft after the US tech giant agreed to change security updates delivery to Windows users.

Thu, 10 Aug 2017 06:21:02 GMT

China to offer radar system, rocket launchers to Malaysia

China is aimed to offer Malaysia a radar system and advanced rocket launchers to base them on the country's Southern tip that may cause security concerns for its neighbouring Singapore.

Thu, 10 Aug 2017 05:34:24 GMT

North Korea frees jailed for life Canada's pastor amid US tensions

A Canadian pastor, jailed for life in North Korea, got a compassionate release after the United States vowed to counter any possible threat from the provocative country with "fire and fury".

Thu, 10 Aug 2017 05:26:02 GMT

Japan's Abe ought to focus on regulatory reforms

Economists consider that the Japanese PM Shinzo Abe should prioritise regulatory reforms as they remain pessimistic on inflation's growth prospects in the coming years, according to forecasts.

Thu, 10 Aug 2017 04:33:53 GMT

Wanda Hotel to acquire $1B assets from Wang-controlled firms

A Chinese unit Wanda Hotel is willing to buy $1B of assets from units controlled by its founder Wang Jianlin, in a deal that caused over 30% drop of its shares.

Thu, 10 Aug 2017 04:29:24 GMT

Toyota to delay launch of Mexico factory to early 2020

Toyota stated on Thursday it would push back the launch of its planned new plant in Mexico to the beginning of 2020 instead of the initial plan of 2019 amid production car model change.

Thu, 10 Aug 2017 03:14:02 GMT

Japan's core machinery orders drop unexpectedly in June

Japan's core machinery orders declined 1.9% in June, the third straight month of fall, casting doubts about the country's economic recovery.

Thu, 10 Aug 2017 03:13:52 GMT

US payment company to buy UK rival for $10B

Vantiv, the US credit card processing firm, announced that it agreed to buy the UK-based rival Worldpay for $10.4B, aiming to create global payments platform.

Thu, 10 Aug 2017 02:08:10 GMT

Thailand, Iran to cooperate on cyber security, IT

Thailand and Iran agreed on cooperation in the fields of IT, hardware, software and cyber security, the newspaper reported.

Thu, 10 Aug 2017 02:07:28 GMT

Austria to strengthen border controls amid higher illegal migration

Austria is set to strengthen controls of its borders, as an illegal migration increase in recent days, the country's Interior Minister Wolfgang Sobotka stated.

Wed, 09 Aug 2017 20:15:02 GMT

Investors turn to safe heavens amid North Korea crisis

On Wednesday, many investors decided to relocate their capital into the Treasury bonds, gold and other safe heavens amid growing geopolitical tensions.

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