News

Note: This section contains information in English only.
Mon, 05 Nov 2018 04:33:41 GMT

Kuroda says aware BOJ's easy policy hurting banks, warns of global risks

Haruhiko Kuroda, the Bank of Japan's Governor, stated that the Bank was aware that lingering ultra-loose monetary policy is likely to affect financial institutions' margins, destabilse banking system.

Mon, 05 Nov 2018 03:01:56 GMT

China's Xi pledges broader market access, lower tariffs

Xi Jinping, the President of China, promised to diminish import tariffs and keep broadening market access, at the opening of a trade expo considered as an attempt to counter criticism of the country's trade and business practices.

Mon, 05 Nov 2018 02:57:36 GMT

Chinese services sector expansion weakest in 13 months

China's services sector revealed its slowest growth pace in more than a year in October, as the new orders' volume dried up, according to a private survey, suggesting a further decline in economic momentum.

Sun, 04 Nov 2018 21:39:37 GMT

Israel's PM: stability of Saudi Arabia is important

The Prime Minister of Israel Benjamin Netanyahu claimed that the stability of Saudi Arabia is important for the region despite the "horrendous" assassination of journalist Jamal Khashoggi. 

Sun, 04 Nov 2018 21:36:33 GMT

Australia reappoints head of banking regulator

On Monday, Australian treasury claimed that it has reappointed the head of national banking regulator and has lifted the funding of the body.

Sun, 04 Nov 2018 20:39:17 GMT

South Korea and US to resume military drills

On Monday, South Korea and the US are planning to start small-scale drills a few days before the arrival of the US Secretary of State Mike Pompeo to the North Korean capital Pyongyang.

Sun, 04 Nov 2018 20:36:06 GMT

UN aid reaches Rukban refugee camp in Syria

On Sunday, the UN humanitarian aid convoy has reached the refugee camp in Syrian city Rukban near the border with Jordan where thousands of refugees are stranded.

Sun, 04 Nov 2018 19:13:38 GMT

Saudi Prince Alwaleed: investigation of Khashoggi's death to exonerate leader

On Sunday, one of the richest businessmen in Saudi Arabia Prince Alwaleed bin Talal claimed that the official investigation of Saudi journalist Jamal Khashoggi will help to exonerate the leader of Saudi Arabia.

Sun, 04 Nov 2018 19:07:24 GMT

Jordan: Israel wants to discuss border treaty

On Sunday, the Foreign Minister of Jordan Ayman Safadi claimed that Israel would like to discuss a border agreement which the government of Jordan plans to end.

Sun, 04 Nov 2018 18:39:32 GMT

Fiat Chrysler to reconsider Mexico to produce trucks

The CEO of Fiat Chrysler Group Mike Manley claimed that a company is planning to become the second largest seller of trucks in the US and is ready to reconsider its plans regarding closing its plant in Mexico to aim the production numbers.

Sun, 04 Nov 2018 18:35:29 GMT

JPMorgan to contribute $30M to urban development of Paris

On Sunday, the largest US bank JPMorgan Chase & Co claimed that it is planning to contribute $30M of its funds to Paris as a part of the bank's strategy of urban economic development.

Sun, 04 Nov 2018 17:38:49 GMT

New Zealand's speaker: Japan needs more female lawmakers

On Sunday, the speaker of the Parliament of New Zealand Trevor Mallard claimed that Japan needs to have more female lawmakers in its legislative bodies so they could take the leading role in country's politics.

Sun, 04 Nov 2018 17:35:55 GMT

Erdogan: Turkey would not allow to exploit gas reserves in its waters

On Sunday, the President of Turkey Tayyip Erdogan claimed that Turkey will not allow other countries to exploit gas reserves in north Cypriot and Turkish waters.

Sun, 04 Nov 2018 16:37:08 GMT

Cuba lowers economic growth forecast

On Sunday, state medias of Cuba reported that the economic growth of Cuba will be equal to 1% instead of early predicted 2% because of the revenue decrease in exports and tourism industry.

Sun, 04 Nov 2018 16:32:46 GMT

Smartphone shipments drop 6% worldwide

According to the report of the US-based research firm IDC, the total amount of shipped smartphones in Q3 2018 was equal to 355.2M units, which is 6% less in comparison with a previous year for the same period.

Sun, 04 Nov 2018 15:38:27 GMT

Japanese lawmakers disagree on new labour immigration bill

On Sunday, Japanese coalition government and the opposition have discussed a new immigration bill which allows to attract foreign workforce to the country, with opposition representatives urging to re-consider the new legislation.

Sun, 04 Nov 2018 15:34:56 GMT

North Korea threatens to resume nuclear program unless US abandons sanctions

North Korea released a statement which declares that a country is ready to restart the nuclear program unless the administration of the US President Donald Trump lifts sanctions.

Sun, 04 Nov 2018 12:58:19 GMT

Theresa May's Brexit advisor dies

The former advisor of Theresa May Jeremy Heywood, who advised the PM on Brexit has passed away at the age of 56.

Sun, 04 Nov 2018 12:58:10 GMT

New Caledonians vote against independence

On Sunday, citizens of New Caledonia voted against the independence of the island from France.

Sun, 04 Nov 2018 12:08:36 GMT

Qatar reshuffles higher management

On Sunday, it was announced that Qatar has reshuffled its cabinet of ministers and the boards of the Qatar Investment Authority and Qatar Petroleum.

Sun, 04 Nov 2018 12:08:02 GMT

EU might stop aid to Sri Lanka

Officials from the European Union have warned Sri Lanka that they might withdraw duty-free concessions to the country's exports.

Sun, 04 Nov 2018 11:13:38 GMT

Iranians mark the seizure of US embassy

On Sunday, Iranians rallied to mark the seizure of the US Embassy during the Islamic Revolution.

Sun, 04 Nov 2018 11:13:04 GMT

Sri Lanka's ousted PM makes an announcement

On Sunday, the ousted PM Ranil Wickremesinghe of Sri Lanka announced that the United States and Japan have frozen financial aid to the country.

Sun, 04 Nov 2018 09:58:05 GMT

Oil prices are facing an oversupply

This week Russia, the United States and Saudi Arabia revealed that they are producing record amounts of crude oil. The announcements are bound to beat down oil prices on Monday.

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