News

Note: This section contains information in English only.
Fri, 10 Nov 2017 11:08:50 GMT

IMF, Egypt signs deal on $2B loan instalment

The International Monetary Fund signed a staff-level accord with Egypt for a loan instalment of around $2B more from a three-year, the IMF reported on Friday.

Fri, 10 Nov 2017 11:01:07 GMT

Vatican seeks to respond to nuclear threats

On Friday, Vatican called world leaders for a consultation and a dialogue as it sought to respond to the nuclear weapons threats.

Fri, 10 Nov 2017 10:32:01 GMT

UK goods trade deficit falls in September

The ONS reported on Friday that Britain's goods trade deficit narrowed to £11.3B in September, compared to the prior month's downwardly revised £12.4B gap.

Fri, 10 Nov 2017 10:19:23 GMT

China to widen foreign access to financial sector

China is eager to open the country's financial markets to foreign companies on the US and other global investors' demand, following their complaints about strict limits on access to the giant economy.

Fri, 10 Nov 2017 09:30:17 GMT

South Korea's summit with China to take place on Saturday

The South Korean President Moon Jae-in is set to hold a summit with China's counterpart Xi Jinping on November 11, his Presidential office announced on Friday.

Fri, 10 Nov 2017 09:21:43 GMT

BDI says impossible to reach Brexit deal by 2019

The German biggest industry group BDI stated on Friday that it found impossible for the EU and Britain to seal a comprehensive agreement on the future economic ties by 2019.

Fri, 10 Nov 2017 08:30:38 GMT

South Korea to join US jet carrier drill in November

The South Korea military stated on Friday that it would join a drill with the three US aircraft carrier strike groups, scheduled for November 11-14.

Fri, 10 Nov 2017 08:21:23 GMT

Chinese C919 aircraft makes first long-distance flight

On Friday, the Chinese domestically-built C919 passenger jet has made its first long-distance flight, fully meeting the airworthiness criteria, the COMAC confirmed.

Fri, 10 Nov 2017 07:12:35 GMT

Putin and Trump not to have separate meeting at APEC summit

The White House said the US President Donald Trump and his Russian counterpart Vladimir Putin would not have a separate meeting at the APEC summit due to scheduling conflicts.

Fri, 10 Nov 2017 07:12:16 GMT

EU to make sure Iran nuclear deal is preserved

On Friday, the EU Foreign Policy Chief Federica Mogherini said the 28-country bloc would ensure the Iran nuclear deal is fully implemented.

Fri, 10 Nov 2017 06:10:59 GMT

Kobe Steel to reveal data-cheating investigation results

The Japanese steelmaker Kobe Steel said it was ready to reveal the results of the internal data-cheating investigation on Friday.

Fri, 10 Nov 2017 06:10:17 GMT

Trump lands in Vietnam for APEC summit

On Friday, the US President Donald Trump arrived in Vietnam to participate in the Asia-Pacific Economic Cooperation nations' summit.

Fri, 10 Nov 2017 05:24:06 GMT

Bytedance to acquire Musical.ly for around $1B

On Friday, China's online content platform Bytedance revealed its plans to acquire the lip-sync application Musical.ly for up to $1B.

Fri, 10 Nov 2017 05:23:21 GMT

Japanese economy set to grow for seven straight quarters

According to a Reuters poll of economists, the Japanese economy is expected to show seven consecutive quarters of growth.

Fri, 10 Nov 2017 04:30:50 GMT

Toshiba considers $5.3B capital injection

Toshiba reviewed raising nearly $5.3B through public offering, aiming to allocate shares mainly to foreign investors, as the company was desperate for cash to remain listed.

Fri, 10 Nov 2017 04:27:50 GMT

Hyundai views adding pickup, SUVs to US factory

South Korean automaker Hyundai was considering making its Kona and Tucson sport utility cars and pickup truck at the company's sole US factory in a bid to boost sales.

Fri, 10 Nov 2017 03:06:06 GMT

Nvidia tops forecasts on data centre, gaming boost

Nvidia said that its revenue and quarterly profit topped market projections and suggested strong revenue growth this quarter, fuelled by demand for data centres and graphics chips.

Fri, 10 Nov 2017 03:05:12 GMT

Chinese Silk Road Fund, GE to launch investment platform

China's state fund created for the Belt and Road trade plan and General Electric are expected to jointly set up an infrastructure investment platform, the Chinese government said.

Thu, 09 Nov 2017 21:06:42 GMT

US tax writing committee approves Trump's reform

On Thursday, the US House Committee on Ways and Means approved the US President Donald Trump's tax reform plan on a vote of 24 to 16, thus transferring the draft to the full House vote.

Thu, 09 Nov 2017 20:56:38 GMT

Macron flies to Saudi Arabia to discuss Lebanon crisis

On late Thursday, the French President Emmanuel Macron landed in Riyadh to meet with the Saudi Crown Prince Mohammed bin Salman and discuss different regional issues, such as situation in Yemen and Lebanon.

Thu, 09 Nov 2017 20:04:07 GMT

Spain's prosecutor asks to jail Catalan parliament speaker

According to sources familiar with the issue, Spain's top prosecutor on Thursday asked the High Court to jail the Catalan parliament speaker Carme Forcadell as well as three other Catalan legislators.

Thu, 09 Nov 2017 19:57:45 GMT

AT&T ready to defend its Time Warner deal in court

On Thursday, the AT&T chief executive Randall Stephenson emphasized that the company refuses to sell its DirecTV unit, which includes television news channel CNN, in order to get regulator's approval of its proposed $85.4B acquisition of the mass media conglomerate Time Warner Inc.

Thu, 09 Nov 2017 19:01:44 GMT

Next German government to have €30B to spend

According to German Finance Minister Altmaier, new tax figures have indicated that the next government would have at least €30B available for tax cuts and additional spending.

Thu, 09 Nov 2017 19:00:40 GMT

Global economic outlook is positive despite US politics

BlackRock Inc CEO Fink stated that the global economic outlook was positive, supported by the strength of the corporate profits, despite the US politics' dysfunction.

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