News

Note: This section contains information in English only.
Wed, 03 Jan 2018 11:15:03 GMT

Germany's unemployment reaches record low

The German unemployment rate fell to a record low of 5.5% in December, resulting from broad-based economic growth that is expected to continue this year.

Wed, 03 Jan 2018 11:12:22 GMT

India, Israel to strengthen cooperation in oil and gas sector

India and Israel has agreed to strengthen cooperation in the oil and gas sector by facilitating investment promotion, conducting joint studies and transferring technology and R&D.

Wed, 03 Jan 2018 10:07:19 GMT

Petroleo Brasileiro to pay $2.95B over corruption scandal

Brazil's Petroleo Brasileiro SA has agreed to compensate $2.95B to investors who lost money due to its corruption scandal.

Wed, 03 Jan 2018 10:03:28 GMT

UK's construction PMI slows down in December

The latest IHS Markit/CIPS survey showed that the UK's construction sector slowed down to 52.2 in December due to stagnating in-house building and infrastructure work.

Wed, 03 Jan 2018 09:16:24 GMT

China asks for US honesty

Chinese officials on Wednesday expressed that Chinese firms can be provided with a "level playing field" compared to the US enterprises.

Wed, 03 Jan 2018 09:15:53 GMT

North Korea reopens communication with South Korea

The North Korean officials have reopened a border hotline with south asking for negotiations. Most speculate that the North will ask for a participation in the upcoming Olympics in the south.

Wed, 03 Jan 2018 07:50:00 GMT

China set to invest in AI research

Authorities of Beijing are planning to build a $2.12 billion worth artificial intelligence research project in the west of the city.

Wed, 03 Jan 2018 07:49:19 GMT

Turkey continues coup arrests

The Turkish post-coup probe has taken a strange turn, as the authorities have issued warrants to detain 68 shareholders of Bank Asya.

Wed, 03 Jan 2018 06:57:48 GMT

Euro surge pauses

The surge of the common European currency on Wednesday paused. Some consider that the reason for the pause was a simple consolidation that followed the previous surge of the release of better than expected survey data.

Wed, 03 Jan 2018 06:56:51 GMT

Asian stocks higher

Asian stocks had peaked on Wednesday. The reason was cited by some an increase in risk appetite caused by better than expected manufacturing survey results.

Wed, 03 Jan 2018 06:11:26 GMT

Valeant insider trading case proceeds

Court has called Valeant Pharmaceuticals International and Pershing Square representatives to appear in court to discuss a settlement in a insider trading lawsuit.

Wed, 03 Jan 2018 06:10:06 GMT

CNBC credits stock rally to Trump

Jim Cramer of CNBC has credited the various edicts and pushed laws of Donald Trump as the reason for the 2017 surge in stocks. Moreover, a continuation of the bull market is expected to continue.

Wed, 03 Jan 2018 05:26:49 GMT

Chinese currency weakens on official fix

The Chinese Yuan depreciated against the Greenback on Wednesday in the aftermath of the central banks setting of the currency exchange rate.

Wed, 03 Jan 2018 05:26:20 GMT

South Korea may tamper with Won

South Korean officials have announced that they would consider boosting capital outflows in the case of a sharp appreciation of the Korean Won.

Wed, 03 Jan 2018 04:35:31 GMT

Amazon: more than 5B items shipped via Prime last year

Online retailer Amazon.com stated that the company shipped more than 5B items worldwide by the use of Prime service in 2017.

Wed, 03 Jan 2018 04:35:10 GMT

US prevents Money Gram sale to Ant Financial

The US government panel declined acquisition of Ant Financial and the country's money transfer firm MoneyGram on national security concerns.

Wed, 03 Jan 2018 03:34:59 GMT

Wixen Music hit Spotify with $1.6B copyright lawsuit

Wixen Music Publishing hit music streaming business Spotiffy with a $1.6B lawsuit for using thousands of songs without compensation and license.

Wed, 03 Jan 2018 03:34:35 GMT

Southwest, Americaan Airlines employees to recieve tax bill bonus

The US airlines Southest and American Airlines announced that they would provide their employees a $1K bonus in a view of recent tax bill.

Tue, 02 Jan 2018 21:07:34 GMT

Republican Senator Orrin Hatch not to seek re-election

Orrin Hatch, Republican Senator of Utah, reported on Tuesday that he would not seek re-election after serving more than 40 years in the Senate, opening the door for Mitt Romney to run for his seat.

Tue, 02 Jan 2018 21:00:57 GMT

US envoy Haley calls for emergency UN session on Iran

Nikki Haley, the US Ambassador to the United Nations, praised Iranian protesters on Tuesday, adding that the US was seeking for an emergency Security Council meeting in New York regarding Iran.

Tue, 02 Jan 2018 20:14:21 GMT

Iran's Khamenei blames enemies as death toll rises

Iran's supreme leader has blamed external enemies for heightening turmoil in the country, as the death toll from anti-government demonstrations rose to 21.

Tue, 02 Jan 2018 20:09:59 GMT

BP takes $1.5B charge following tax reform bill

BP reported on Tuesday that its earnings would be dented by an approximately $1.5B accounting charge in the fourth quarter.

Tue, 02 Jan 2018 18:55:20 GMT

Britain, US and Norway warn South Sudan over ceasefire violations

Britain, Norway and the US have warned South Sudan parties to stop breaking a ceasefire that was signed last month, the heads of country's mission reported on Tuesday.

Tue, 02 Jan 2018 18:54:59 GMT

German conservatives call for tougher migrant age checks

Conservative politicians in Germany are calling for tougher age checks on young migrants amid doubts over the age of an Afghan asylum-seeker suspected of fatally stabbing a 15-year-old girl.

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