News

Note: This section contains information in English only.
Thu, 03 Aug 2017 14:13:31 GMT

Initial jobless claims drops 5K last week

The number of applications for US unemployment benefits fell 5K to 240K in the week ending July 30, the US Department of Labour reported.

Thu, 03 Aug 2017 13:34:06 GMT

Trump blames Congress for poor relations with Russia

The President Donald Trump blamed the US Congress for "all-time-low" ties between Washington and Moscow the next day after he reluctantly signed the proposed sanctions against Russia into law.

Thu, 03 Aug 2017 13:23:51 GMT

Germany's automakers make attempts to prevent diesel bans

On Wednesday, Germany's ministers and carmakers agreed to reconstruct engine software of the 5.3M diesel vehicles to tackle pollution and try to restore German car industry's tarnished reputation.

Thu, 03 Aug 2017 12:33:33 GMT

Japan PM vows to maintain economic recovery his top priority

On Thursday, the Prime Minister of Japan Shinzo Abe vowed he would keep the economic revival his top priority, promising to continue the attempts to end deflation.

Thu, 03 Aug 2017 12:24:33 GMT

Avon head McCoy to resign following activist pressure

The Avon Products CEO Sheri McCoy is eager to resign from her post in March 2018, following the activist investor Barington Capital's pressure on the company over management changes.

Thu, 03 Aug 2017 11:02:56 GMT

China's Xiamen to severe shipping controls ahead of BRICS summit

The Chinese city of Xiamen is eager to increase shipping controls at its port due to the upcoming multilateral BRICS summit in early September.

Thu, 03 Aug 2017 11:02:16 GMT

Amazon unveils site of its first Australia warehouse

The US retail giant Amazon revealed that its first Australian warehouse would be located outside the city of Melbourne; a step forward to the company's online shopfront service launch called Amazon Marketplace.

Thu, 03 Aug 2017 10:17:22 GMT

Qatar allows expatriates to have permanent residence

Qatar has announced about plans to allow expatriates to have permanent residency in the country. However, expatriates would first need to provide outstanding services to the country.

Thu, 03 Aug 2017 10:13:05 GMT

China approves of US and North Korean dialogue

On Thursday Chinese officials welcomed comments made by US Secretary of State Rex Tillerson. He commented that the US would like to have a dialogue with North Korean authorities.

Thu, 03 Aug 2017 09:29:32 GMT

German BASF disruption unlikely caused by cyber attack

Germany's chemicals firm BASF stated o Thursday that there was no reason at the moment that the company's network disruption, which had affected Ludwigshafen HQ logistics, was the result of cyber attack.

Thu, 03 Aug 2017 09:17:31 GMT

UK acid attack victims urge government for harsher sentences

Britain's acid attack survivors called the government to enforce tougher sentences for assailants and strengthen control over corrosive substances sale after an outburst of attacks in the last two years.

Thu, 03 Aug 2017 08:34:10 GMT

Germany's overall debt falls by 0.7% in 2016

According to the Statistics Office, the German overall debt dropped by 0.7% in 2016 amid the country's higher tax take and strong economy.

Thu, 03 Aug 2017 08:25:06 GMT

Western Digital seeks to pump into new chip line alongside Toshiba

Western Digital announced about its intention to make investments into a memory chip line construction along with Toshiba, despite the Japanese JV partner had claimed it would go ahead with the funding alone.

Thu, 03 Aug 2017 07:27:35 GMT

Japan seeks for economic talks with US in October

The Japanese Minister Taro Aso stated on Thursday that he expected to hold formal talks with the US in October as he sought to discuss trade, economic policies and investment of the two countries.

Thu, 03 Aug 2017 07:11:17 GMT

China calls parties not to raise tensions on Korean peninsula

On Thursday, the Foreign Minister of China Wang Yi called all parties not to aggravate tensions on the Korean peninsula, saying that China clearly condemned the North Korean latest missile test.

Thu, 03 Aug 2017 06:33:28 GMT

4.5 magnitude earthquake hits Tokyo area

On Thursday, a 4.5-magnitude earthquake shook Japan's Tokyo area; however, no tsunami warning or casualties were reported.

Thu, 03 Aug 2017 06:28:46 GMT

Toshiba to build memory chip line without Western Digital

On Thursday, Toshiba stated it would invest in a memory chip line construction on its own after the company could not reach an agreement with its joint venture partner Western Digital.

Thu, 03 Aug 2017 04:52:48 GMT

EU ready to take steps if sanctions against Russia harm EU firms

The European Union warned of taking appropriate steps if the US sanctions against Russia undermines interests of the bloc, Jean-Claude Juncker stated.

Thu, 03 Aug 2017 04:52:40 GMT

Chinese services sector's growth slows in July

The Markit reported that its Services PMI for China dropped to 51.6 in July, missing expectations for a rise to 51.9, as new businesses growth weakened.

Thu, 03 Aug 2017 04:01:18 GMT

EU visa-free regime causes biometric passports boom in Ukraine

Ukraine experienced boom in demand for biometric passports after the European Union introduced the visa-free mechanism, with about 21K passports issued every day.

Thu, 03 Aug 2017 03:57:37 GMT

Amazon to open warehouse in Melbourne, bring hundreds of jobs

Amazon announced that its decision to open fulfillment center in Melbourne, which is likely to create hundreds of new jobs and provide opportunities for local businesses.

Thu, 03 Aug 2017 02:53:03 GMT

US sets travel ban on North Korea

The ban restricting visits to North Korea is set to take effect on September 1st and all Americans were asked to leave the country before that date, the US State Department revealed.

Thu, 03 Aug 2017 02:10:53 GMT

Fed's Williams supports trimming bank's portfolio in Autumn

The US economy is expected to show enough strenght for the Fed to let the bank to start trimming bond holdings in September, Fed's John Williams stated.

Thu, 03 Aug 2017 02:08:48 GMT

Germany to upgrade 5.3M cars to curb pollution

German automakers and politicians reached an agreement to upgrade and install new software in some 5.3M diesel cars in attempt to curb pollution.

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