News

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Sat, 08 Jul 2017 10:54:37 GMT

World Bank to establish women's fund in tandem with Ivanka Trump

The World Bank said it would establish a fund to finance women entrepreneurs, an idea the institution developed together with Ivanka Trump, the daughter of the US President.  

Sat, 08 Jul 2017 10:54:24 GMT

ECB makers continue to disagree on stimulus measures

The ECB policy makers continue to disagree over when to rein in stimulus, sending conflicting signals on whether pumping cash into the Eurozone's economy will help it or hurt.

Sat, 08 Jul 2017 10:05:41 GMT

World Bank launches loan programme for businesswomen

On Saturday, the World Bank launched a loan programme to support female entrepreneurs in developing economies.

Sat, 08 Jul 2017 09:57:27 GMT

US to test THAAD missile defence system

Two official sources reported on Saturday that the US planned to test its THAAD missile defence system in the upcoming days amid tensions surrounding North Korea.

Sat, 08 Jul 2017 09:22:06 GMT

China claims it has no intention of devaluating Yuan

China's FX regulator reported on Saturday that it had no intention of devaluating the Yuan to increase its competitiveness.

Sat, 08 Jul 2017 09:17:21 GMT

France, Germany, Russia agree on importance of ceasefire in Ukraine

On Saturday, France's Macro, Germany's Merkel and Russia's Putin discussed the conflict in Ukraine and agreed on the importance of establishing a ceasefire in the eastern part of the county.

Sat, 08 Jul 2017 09:14:31 GMT

France, Germany, Russia agree on importance of ceasefire in Ukraine

On Sunday, France's Macro, Germany's Merkel and Russia's Putin discussed the conflict in Ukraine and agreed on the importance of establishing a ceasefire in the eastern part of the county.

Sat, 08 Jul 2017 08:03:00 GMT

US wants quick trade agreement with UK

The United States aims for a quick bilateral trade agreement with the United Kingdom after the country will leave the European Union, the US President Donald Trump says.

Sat, 08 Jul 2017 08:01:55 GMT

Venezuela's Ortega suggests referendum on new Constitution

The Venezuelan President Nicolas Maduro should initiate a referendum on a new Constitution, the Attorney General Luisa Ortega says.

Sat, 08 Jul 2017 07:34:11 GMT

Qatar's FM: country is rich enough to withstand blockade

Qatar is rich enough to withstand threats of a blockade, Qatar's Finance Minister Ali Sharif al-Emadi says.

Sat, 08 Jul 2017 07:32:56 GMT

ECB's Praet: target inflation is long way off

Inflation in the Eurozone is far from the ECB's 2% target and the economy still needs easy monetary policy, the ECB chief economist Peter Praet says.

Sat, 08 Jul 2017 06:29:17 GMT

Khaltmaa Battulga wins Mongolian presidential election

Businessman and former martial arts star Khaltmaa Battulga won the presidential runoff, data published by the General Election Commission on Saturday shows.

Sat, 08 Jul 2017 06:28:15 GMT

China's foreign exchange reserves rise to $3.056T

China's foreign exchange reserves rose for a fifth consecutive month to $3.056T in June, according to data published by the State Administration of Foreign Exchange.

Sat, 08 Jul 2017 04:56:42 GMT

US plans to test THAAD missile system amid tensions with North Korea

The United States planned to test its THAAD missile defence system contra an intermediate-range ballistic missile in early June, two US officials said on Friday.

Sat, 08 Jul 2017 04:54:04 GMT

Mongolians vote in second round of presidential elections

Mongolians cast their votes in the second round of presidential elections on Friday amid increased voter cynicism and unclarity over Mongolia's path to economic recovery.

Sat, 08 Jul 2017 04:21:43 GMT

Tesla registrations drop 24% y/y in April in key market

Registrations for Tesla's electric cars in California fell 24% on a yearly basis in April, IHS Markit reported on Friday. However, Tesla assured that monthly data may be misleading.

Sat, 08 Jul 2017 04:01:36 GMT

China and UK should seek cooperation but respect each other's differences, says Xi

The Chinese President Xi Jinping told the British PM Theresa May on Friday that both countries needed to seek common ground but nevertheless respect each other's interests.

Fri, 07 Jul 2017 20:16:29 GMT

Merkel asks for G20 compromise

In a speech addressed to G20 leaders the German Chancellor Angela Merkel called for compromise on climate, trade and other global challenges. 

Fri, 07 Jul 2017 20:14:59 GMT

US and Mexico pledges to jointly fight against drug cartels

Mexico Interior Minister Miguel Angel Osorio Chong and the US Homeland Security Secretary John Kelly promised to jointly fight against transnational criminal organizations that are involved in firearms and drug trafficking.

Fri, 07 Jul 2017 19:12:41 GMT

Total's Pouyanne hopes UK will stay in the EU

Patrick Pouyanne, the CEO of Total, said that he had not given up a hope that the UK will remain in the European Union. He added that Merkel-Macron initiative might open up a new window of opportunity.

Fri, 07 Jul 2017 19:12:17 GMT

Total's Pouyanne refuses to take sides in Qatar crisis

Patrick Pouyanne, the CEO of Total, said on Friday that his company does not have to choose someone's side in a dispute between Gulf states and Qatar. He also called not to mix business with politics.

Fri, 07 Jul 2017 18:09:05 GMT

Hammond calls for transitional Brexit deal

Philip Hammond, the Chancellor of the Exchequer, said on Friday that the UK's exit out of the European single market and customs union should happen through "transitional structure" in order to minimize the shock for companies. 

Fri, 07 Jul 2017 18:08:28 GMT

US fears Qatar crisis may intensify

Heather Nauert, the spokeswoman for the US Department of State, said that the US is very concerned that the diplomatic crisis in the Gulf region could be protracted for months and even intensify. 

Fri, 07 Jul 2017 16:57:25 GMT

Trump and Putin pleased to meet each other personally

US President Donald Trump revealed that it was an honour to meet Russia's President Vladimir Putin, expecting positive things to happen within the relationship.

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