News

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Sat, 27 May 2017 02:21:46 GMT

Phillipine President urges IS militants to start talks

Rodrigo Duterte, the Philippine President, urged Islamic militants to renounce hostilities and start talks, in attempt to stop Marawi City's bloody occupation.

Fri, 26 May 2017 20:10:57 GMT

Clinton says Trump's budget proposal is cruel

Hillary Clinton said on Friday that Trump's proposed spending cuts of $3.6T over the next decade are cruel, weighting heavily on the most vulnerable society members.

Fri, 26 May 2017 20:03:13 GMT

Canada reports C$21.85B budget deficit in 2016-17

The Canadian preliminary budget deficit in 2016-17 amounts to 21.85B Canadian Dollars ($16.3B) and is in line with expectations, the Finance Department reported on Friday.

Fri, 26 May 2017 19:09:16 GMT

Tusk urges G7 leaders to maintain sanctions on Russia

On Friday, the President of the European Council Donald Tusk urged G7 leaders to maintain the current sanctions policy on the Russian Federation.

Fri, 26 May 2017 19:05:38 GMT

Investors bearish on Brazilian stocks

Following a massive selloff of Brazilian shares last week due to political scandals, some investors believe that further depreciation is yet to come for the country's stock market.

Fri, 26 May 2017 17:51:46 GMT

Italian court revokes Uber ban

A Rome court cancelled a short-term ban on Uber, which was introduced in April, affecting some Uber applications and preventing its advertisement in Italy.

Fri, 26 May 2017 17:51:34 GMT

UK May wins support from G7 on more actions against terrorism

Britain's PM Theresa May got support from G7 leaders for measures to fight against terrorism such as forcing technology companies to control internet content.

Fri, 26 May 2017 17:07:06 GMT

NY Fed reduces GDP expectations to 2.17% in Q2

The New York Fed lowered its US economic growth forecast to a 2.17% annualized rate in the Q2, compared with the previous estimate of 2.32% released a week ago.

Fri, 26 May 2017 17:05:08 GMT

Japan, US agree to expand sanctions against North Korea

Japan's PM Shinzo Abe and US President Donald Trump agreed to enhance sanctions against North Korea, as the country continued to develop its ballistic missiles and nuclear weapons.

Fri, 26 May 2017 15:51:23 GMT

Three senior IS fighters killed in Syria, Iraq

Three top Islamic State militants were killed in attacks in Syria and Iraq in the course of the past two months, the Pentagon statement showed.

Fri, 26 May 2017 15:51:08 GMT

China's central bank denies asking banks to deposit dollars

The People's Bank of China reported that it has not implemented any measures demanding commercial banks to deposit US dollars with it.

Fri, 26 May 2017 15:04:07 GMT

US first quarter GDP revised up to 1.2%

Official data showed the US second Q1 GDP estimate was revised higher to 1.2%, compared to the 0.7% growth pace reported in April.

Fri, 26 May 2017 15:01:31 GMT

US durable goods drop 0.7% in April

The US Department of Commerce reported that US durable goods orders fell 0.7% in April, following an upwardly revised 2.3% gain in March, while analysts expected a 1.4% decline.

Fri, 26 May 2017 14:32:46 GMT

UK student jailed to 15 years for leaving bomb on London's train

On Friday, a British student was jailed to 15 years for leaving a homemade bomb on London's underground train near the Canary Wharf financial district.

Fri, 26 May 2017 13:34:43 GMT

Macron to meet Putin next week to discuss topical issues

According to the Kremlin, France's President Emmanuel Macron and the Russian President Vladimir Putin are willing to meet next week with intention to "get acquainted" and negotiate the topical issues.

Fri, 26 May 2017 13:30:38 GMT

Syrian air strikes' death toll rises to 100

100 civilians including children and family members of the Islamic State fighters died in air strikes by the US-led coalition in the Syrian town of al-Mayadin on Thursday.

Fri, 26 May 2017 12:25:45 GMT

China calls Seoul to restart talks with North Korea

China's Foreign Minister Wang Yi urged South Korea to make an attempt to revitalise talks with North Korea as the use of force would not lead to a positive solution on the issue.

Fri, 26 May 2017 12:18:04 GMT

British parties' election campaigns resumed after Manchester attack

On Friday, the major UK parties restarted the election campaigns to unveil their policy pledges after ceasing them due to the Manchester suicide attack that left 22 people dead.

Fri, 26 May 2017 11:32:27 GMT

Brazil's police make arrests over "Car Wash" corruption probe

On Friday, the federal police of Brazil were making new executing searches, arrests and seizure warrants in the country's largest-ever "Car Wash" corruption investigation.

Fri, 26 May 2017 11:11:07 GMT

Trump promises Shinzo to solve North Korean "big problem"

The US President Donald Trump assured the Japanese PM Shinzo Abe ahead of the G7 summit that North Korean "big issue" would be resolved.

Fri, 26 May 2017 09:55:17 GMT

Japanese core consumer prices advance 0.3% in May

Japan's Bureau of Statistics reported that its Core Consumer Price Index climbed 0.3% year-over-year in May, surpassing the preceding month's gain of 0.2% but falling behind expectations for a 0.4% increase.

Fri, 26 May 2017 09:22:03 GMT

Turkey removes over 4K judges and prosecutors after coup

According to the Justice Minister Bekir Bozdag, Turkey removed more than 4K of judges and prosecutors on Friday amid suspected links to the 2016 failed coup.

Fri, 26 May 2017 09:09:26 GMT

South Africa's Zuma names first woman as Appeals Court head

On Friday, the President of South Africa Jacob Zuma designated the Justice Mandisa Maya as the President of the Supreme Appeal's Court, the appointment that made her the first woman who occupied the position.

Fri, 26 May 2017 08:33:36 GMT

Trump's Kushner put under investigation over links with Russia

The FBI put Jared Kushner, the President Donald Trump's son-in-law, under FBI scrutiny into the Russian probe amid his December meetings and presumable interactions with Russia's ambassador and banker.

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