News

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Sat, 08 Jul 2017 15:17:44 GMT

Kashmir shelling claims lives of seven people

Seven people are reported to be killed in a cross-border shelling between Pakistan and India in the disputed region of Kashmir on Saturday.

Sat, 08 Jul 2017 13:58:05 GMT

Macron sees tangible progress in relations with Russia

The French President Emmanuel Macron said that France and Russia made a tangible progress in bilateral relations, which could move to a new phase. 

Sat, 08 Jul 2017 13:57:51 GMT

Trump promises $639M for humanitarian programmes

The US President Donald Trump promised $639M in funding for humanitarian programmes, including $331M to feed starving people in Somalia, Nigeria, Yemen and South Sudan. 

Sat, 08 Jul 2017 13:00:47 GMT

World leaders agree on G20 communique apart from climate issues

World leaders gathering for a summit in Germany agreed every aspect of a joint statement except for an issue on climate, as the US pushed for a reference to fossil fuels.

Sat, 08 Jul 2017 12:56:27 GMT

Italian banks regain health

The Head of Asset Management at Amundi said that Italian banks were regaining strength after authorities tackled a number of troubled lenders recently.

Sat, 08 Jul 2017 12:21:55 GMT

China to fulfil obligations under Paris climate change agreement

China's President Xi Jinping told the French counterpart Emmanuel Macron that China would fulfil its obligations under the Paris climate change agreement.

Sat, 08 Jul 2017 12:21:38 GMT

Kremlin says measures needed for ceasefire in Ukraine

The Kremlin said that measures were needed for a genuine ceasefire in Ukraine, while implementation of the Minsk agreements were too slow.

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.

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