News

Note: This section contains information in English only.
Sun, 16 Jul 2017 10:50:09 GMT

US-China trade talks yield initial deals

Bilateral talks aimed at cutting the US budget deficit with China yielded some initial deals, but US companies said that much more should be done. 

Sun, 16 Jul 2017 10:01:35 GMT

Top UK ministers support Brexit transitional arrangements

The senior British government ministers become convinced of the necessity for transitional arrangements to reduce disruption as Britain exits the EU, the Finance Minister Philip Hammond said.

Sun, 16 Jul 2017 09:56:33 GMT

Euro zone needs joint budget

The Euro zone needs a joint budget to increase investment, while Germany should be ready to do more in Europe, by raising its financial contribution, the SPD leader Martin Schulz said.

Sun, 16 Jul 2017 09:12:18 GMT

Erdogan threatens traitors

The Turkish President Recep Tayyip Erdogan threatened to chop off heads of traitors in a speech marking the failed coup anniversary.

Sun, 16 Jul 2017 09:07:20 GMT

China's leadership contender put under investigations

A senior Chinese official Sun Zhengcai, who was considered to be a contender for top leadership, was put under investigation, being suspected for serious discipline violations. 

Sun, 16 Jul 2017 08:10:18 GMT

US Senate to delay votes on Republican healthcare bill

The US Senate Majority Leader Mitch McConnell announced a delay to vote on a Republican bill to repeal and replace the healthcare programme. 

Sun, 16 Jul 2017 08:04:06 GMT

PBoC to take on bigger role in macro-prudential management

The PBoC will take on a bigger role in macro-prudential management and in guarding against systemic risks in the financial system, the President Xi Jinping said.

Sun, 16 Jul 2017 07:06:29 GMT

Former British PM Blair: Britain could remain in EU

The United Kingdom could remain in the European Union, despite the Brexit referendum, the former British Prime Minister Tony Blair says. 

Sun, 16 Jul 2017 07:05:46 GMT

Boeing gets 60 orders, commitments for 737 MAX 10 from China

Boeing secured more than 60 orders and commitments from Chinese airlines for its newly launched 737 MAX 10, Boeing data shows.

Sun, 16 Jul 2017 06:34:23 GMT

Senate delays vote on health care bill

The US Senate delays voting on new health care legislation as the absence of the Republican Senator John McCain casts doubt on whether the legislative body is able to pass the bill to replace Obamacare.

Sun, 16 Jul 2017 06:33:12 GMT

Opposition in Venezuela holds unofficial referendum to pressure Maduro

The opposition in Venezuela holds an unofficial plebiscite on Sunday to ramp up pressure on the President Nicolas Maduro as he plans to establish a legislative super body.

Sun, 16 Jul 2017 04:07:08 GMT

Barclays negotiate with Irish regulators

Barclays started talks with Irish regulators on expanding the bank's presence in Dublin to continue providing services to customers in the EU after Brexit.

Sun, 16 Jul 2017 04:04:40 GMT

EU leaders eager to compromise on worker's movement freedom

European Union leaders are likely to consider changes in the bloc's rules around freedom of workers' movement, providing opportunity for the UK to avoid hard Brexit.

Sun, 16 Jul 2017 02:51:31 GMT

Unilever and Hormel contend to buy food unit of Reckitt

Unilever was competing with Hormel Foods, the US canned meat maker, to buy the foods branch of UK consumer goods producer Reckitt Benckiser.

Sun, 16 Jul 2017 02:51:21 GMT

Britain to link business rates tax to CPI form 2020

The UK finance ministry is set to help firms by switching the indexation of business rates from retail prices to consumer prices from 2020.

Sun, 16 Jul 2017 02:24:14 GMT

Brexit hit to investment of four of every ten firms: CBI

The CBI reported that roughly four of every ten UK business reported that Brexit affected their decisions on investments, citing uncertainty over the future of Britain-EU relationship.

Sun, 16 Jul 2017 02:22:26 GMT

Macron wants Trump to reverse decision on climate deal

French President Emmanuel Macron stated that he was full of hope that the US President Donald Trump would reverse his mind and come back to the Paris Climate Agreement.

Sat, 15 Jul 2017 19:50:41 GMT

OPEC cuts deal is effective, Kuwait's official says

Crude oil inventories are expected to decline at a faster pace worldwide in the second half of 2017 as demand grows and OPEC members comply with a global agreement to cut output, Kuwait's OPEC Governor said.

Sat, 15 Jul 2017 19:50:18 GMT

IMF welcomes Egypt's economic reform programme

The IMF welcomed Cairo's economic reform programme, including increasing the fuel's price and imposing value-added tax, which was expected to have a positive impact on the budget.

Sat, 15 Jul 2017 18:52:05 GMT

Russia's Embassy denies Russia-backed hackers attack

Russia's Embassy in London said that The Times article claiming that hackers supported by the Russian government allegedly attacked energy networks on the island of Ireland had no evidence.

Sat, 15 Jul 2017 18:51:14 GMT

Trump appoints lawyer Ty Cobb as special counsel

The US President Donald Trump announced that the lawyer Ty Cobb would serve as special counsel at the White House.

Sat, 15 Jul 2017 18:05:30 GMT

President Xi urges stronger financial regulation

China's President Xi Jinping urged to accelerate developing laws and regulation governing the financial sector to contain systematic risks. 

Sat, 15 Jul 2017 18:03:08 GMT

China unveils reform plans

China introduced reform plans to improve financial sector's capabilities to serve the real economy while safeguarding against systemic risks.

Sat, 15 Jul 2017 17:10:14 GMT

Britain can remain in EU, Tony Blair says

Britain can still remain in the EU despite its Brexit referendum vote, the former British Prime Minister Tony Blair said.

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