News

Note: This section contains information in English only.
Fri, 03 Nov 2017 07:32:59 GMT

Ex-Pakistani PM attends anti-corruption trial on Friday

The former Pakistani Prime Minister Nawaz Sharif appeared in the court on Friday to face the corruption charges that had been filed against him regarding the London properties his family owns.

Fri, 03 Nov 2017 07:30:09 GMT

Trump resumes calls for death penalty for NY truck attacker

On Thursday, the US President Donald Trump renewed his calls for a death penalty against the suspected truck attacker in the New York City, who claimed lives of eight people.

Fri, 03 Nov 2017 06:10:54 GMT

China and Vietnam reach agreement on South China Sea dispute

According to a senior Chinese diplomat, Hanoi and Beijing have managed to reach an agreement over the ongoing South China Sea dispute.

Fri, 03 Nov 2017 06:09:53 GMT

CBS posts disappointing third-quarter revenue

CBS, an American mass media corporation focused on commercial broadcasting, reported a worse-than-expected third-quarter revenue, as ad sales declined.

Fri, 03 Nov 2017 05:26:23 GMT

People queue in Sydney to buy new iPhone X

Early on Friday, hundreds started lining up outside Apple's store in Sydney to be among the first to purchase the new iPhone X.

Fri, 03 Nov 2017 05:25:45 GMT

Apple's Cook: iPhone X ready for holiday shopping season

Apple's CEO Tim Cook put an end to a rumour that the company's flagship iPhone X would not be delivered in time for the Christmas shopping season.

Fri, 03 Nov 2017 04:31:50 GMT

Amazon to stop Fresh grocery deliveries in some cities

Amazon said that it is set to discontinue providing its Fresh delivery services in the selected cities, but the company continues to operate in a dozen other areas.

Fri, 03 Nov 2017 04:30:47 GMT

Starbucks diminishes profit expectations

Starbucks announced that the company trimmed its profit forecasts and posted weak quarterly sales, after being squeezed by competitors, including low-price McDonald's.

Fri, 03 Nov 2017 03:02:30 GMT

China's services sector expands modestly in October

Chinese services PMI picked up slightly to 51.2 points in October, indicating the subdued growth in new orders and weaker activity in the reported period.

Fri, 03 Nov 2017 03:01:04 GMT

Australian retail sales flat in September

The Australian Bureau of Statistic said that the country's retail sales were unchanged in September, as consumers curbed spending due to high utility bills and stagnant pay growth.

Thu, 02 Nov 2017 17:18:22 GMT

US Ryan says tax plan to create better climate for business

The US House Speaker Paul Ryan said on Thursday that the Republican tax plan was set to create a better climate for the country's businesses.

Thu, 02 Nov 2017 17:17:00 GMT

Iceland's President wants Left-Greens leader to form government

On Thursday, the President of Iceland asked the Left-Green Movement leader Katrín Jakobsdóttir to form a new parliament.

Thu, 02 Nov 2017 16:25:57 GMT

US natural gas supplies up 65B cubic feet last week

According to the data released by the US Energy Information Administration, the domestic natural gas supply increased by 65B cubic feet in the week ended October 27.

Thu, 02 Nov 2017 16:24:13 GMT

US unit labour costs in line with expectations

The US Bureau of Labour Statistics said unit labour costs in the non-farm business sector were up 0.5% in the third quarter of 2017, matching analysts' forecasts.

Thu, 02 Nov 2017 15:34:46 GMT

US worker productivity jumps in Q3

The Labour Department stated that the US nonfarm productivity accelerated gains at 3.0% yearly rate, the fastest pace in three years, while overall growth trend remained moderate.

Thu, 02 Nov 2017 15:33:44 GMT

Audi to recall 5K cars for emissions software fix

Audi is likely to recall 5K diesel cars in Europe to fix an emissions control software, as the company discovered the cars emitted too much of nitrogen oxide.

Thu, 02 Nov 2017 14:20:15 GMT

TripAdvisor to provide food delivery service in Europe

TripAdvisor is expected to offer food delivery in nine EU countries under the companies' deal with Takeaway.com, the Dutch online food delivery firm.

Thu, 02 Nov 2017 14:19:18 GMT

Bank of England raises rates to 0.50%

The Bank of England made an key interest rate hike to 0.50% from 0.25%, suggesting further increases to be gradual, mainly driven by the outcome of Brexit talks.

Thu, 02 Nov 2017 13:18:01 GMT

Alibaba's Q3 revenue beats estimates

Alibaba delivered outstanding Q3 results on Thursday, beating the forecasts with a 61% revenue jump, driven by the continuing e-commerce growth.

Thu, 02 Nov 2017 12:57:57 GMT

US initial jobless claims drop 5K last week

The number of applications for US unemployment benefits fell 5K to 229K in the week ending October 28, missing expectations for a 235K surge.

Thu, 02 Nov 2017 12:04:59 GMT

Germany posts 113% jump in refugees in two years

The number of asylum seekers in Germany surged 113% to 1.6M in the past two years, with most refugees fleeing Afghanistan, Syria and Iraq.

Thu, 02 Nov 2017 12:04:16 GMT

Shell Q3 profit exceeds expectations

Shell posted a forecast-beating 47% jump to $4.1B in its Q3 profit on Thursday, boosted by gains in oil refining and trading operations.

Thu, 02 Nov 2017 11:01:13 GMT

Credit Suisse chief says Bitcoin's anonymity poses challenge to banks

The CEO of Credit Suisse Tidjane Thiam said on Thursday that that the digital cryptocurrency Bitcoin presented challenges to banks, especially in terms of anti-money laundering.

Thu, 02 Nov 2017 10:55:30 GMT

Bitcoin surges above $7000 on Thursday

The digital cryptocurrency Bitcoin reached an all-time high of $7000 on Thursday, thus increasing its value seven times since the beginning of 2017.

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