News

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Thu, 08 Jun 2017 10:17:21 GMT

EU to relaunch CMU project

On Thursday, the EU is considering to relaunch the capital markets union project amid approaching Brexit, as UK's exit from the Union would limit access to the region's largest financial center - London.

Thu, 08 Jun 2017 09:30:53 GMT

Ex-South Korea minister imprisoned for links to Samsung scandal

The Court of Seoul jailed a former South Korea's Minister of Health Moon Hyung-pyo to 2.5 years on Thursday as he was linked to the Samsung corruption scandal.

Thu, 08 Jun 2017 09:10:58 GMT

Alibaba forecasts 45-49% revenue growth in 2018 fiscal year

Alibaba's CFO Maggie Wu stated on Thursday that the company anticipated a 45-49% revenue growth in the fiscal year of 2018 compared to 56% revenue growth data for the same period in 2017.

Thu, 08 Jun 2017 08:30:50 GMT

UAE President extends condolences to Iran deadly attacks victims

The UAE President Sheikh Khalifa bin Zayed al-Nahayan expressed his condolences to the victims of the Parliament and Mausoleum deadly attacks in Iran on Thursday, criticising "the horrific crime".

Thu, 08 Jun 2017 08:11:14 GMT

Explosive device hits US embassy fence in Kiev

On Thursday's night an attacker threw an explosive device into the US embassy's compound in Ukraine's capital of Kiev, injuring no one.

Thu, 08 Jun 2017 07:21:00 GMT

Rescuers find seven more bodies in search for Myanmar's plane

On Thursday, seven more bodies were found 35 km from the coastal town of Launglon in the search of the Myanmar military aircraft that had gone missing the day before with 122 people on board.

Thu, 08 Jun 2017 06:54:53 GMT

Iranian minister finds Trump's condolences "repugnant"

Iran's Foreign Minister rejected the condolences expressed by Donald Trump over Tehran's deadly attacks, calling them "repugnant" as the US President said that countries supporting terrorism reaped their own rewards.

Thu, 08 Jun 2017 06:32:10 GMT

Kazakhstan's talks over Syria postponed until inexact date

On Thursday, the Foreign Ministry of Kazakhstan announced that Turkey, Russia and Iran had postponed the scheduled negotiations on Syria in Astana until an inexact date.

Thu, 08 Jun 2017 06:25:52 GMT

Philippines to disrupt Islamists' city siege soon

The Philippines military is expected to break the Marawi City's siege in a short time as its troops have already entered three areas and forced out the Islamic State militants.

Thu, 08 Jun 2017 05:28:03 GMT

Chinese exports and imports for May beat expectations

Official data showed on Thursday that Chinese exports and imports for May beat expectations, in spite of weakening commodity prices. Upbeat data also suggests the Chinese economic situation is holding at a better-than-expected pace, despite a slowdown in the property market.

Thu, 08 Jun 2017 05:17:06 GMT

North Korea keeps testing new missiles

On Thursday, North Korea fired several land-to-ship missiles off its Eastern coast, ignoring the new set of sanctions by the US, showing that it would continue to develop its missile and nuclear program.

Thu, 08 Jun 2017 04:29:36 GMT

Debris of missing Myanmar aircraft discovered

On Thursday, debris and bodies of the military aircraft that went missing early on Wednesday were discovered off the Southern coast of Myanmar.

Thu, 08 Jun 2017 02:57:15 GMT

Samsung to invest $300M for US appliances factory

Samsung plans to invest $300M for building an appliances factory in the US to make products such as gas oven ranges and washing machines, the South Korean newspaper revealed.

Thu, 08 Jun 2017 02:55:54 GMT

US to broaden laptop ban to 71 more airports

The US government is considering the expansion of a ban on laptops at flights from additional 71 airports in Africa, Europe and the Middle East, the Homeland Security revealed.

Thu, 08 Jun 2017 02:05:47 GMT

Japanese economy grows slower than expected in Q1

The final estimate of Japan's GDP growth in the first quarter was reported at 0.3%, down from a preliminary reading of 0.5%, due to descending revision of business inventories.

Thu, 08 Jun 2017 02:03:00 GMT

Australian trade surplus plunges to A$555M in May

The Australian Bureau of Statistics reported that the country's trade surplus narrowed to A$555M in May from the prior month's revised up surplus of A$3.17B.

Wed, 07 Jun 2017 20:02:29 GMT

Qatar in talks with Turkey and Iran on providing food

Qatar is talking to Iran and Turkey about securing food and water supplies to stave off possible shortages right two days after its biggest suppliers cut trade and diplomatic ties.

Wed, 07 Jun 2017 20:02:20 GMT

Iran arrests 5 suspects in parliament attack

Iran announced that they have arrested five people suspected to be connected to Wednesday's terrorist attack on the country's parliament in Tehran.

Wed, 07 Jun 2017 19:04:16 GMT

Russia, Venezuela in talks on Caracas' $1B debt restructuring

Russia and Venezuela are holding talks on the possibility of restructuring the Caracas' debt of $1B, ambassador of Venezuela to Russia Carlos Rafael Faria Tortosa told on Wednesday.

Wed, 07 Jun 2017 19:04:04 GMT

Trump heads to Ohio to talk infrastructure amid Comey crisis

Donald Trump, as part of his call for an infrastructure bill, will travel to Cincinnati on Wednesday to push his plan to upgrade the US inland waterway system of locks and dams.

Wed, 07 Jun 2017 18:29:35 GMT

Iranian military blames Saudis after 12 killed in terrorist attack

Iranian military blamed Saudi Arabia for the first terrorist attack claimed by IS in their country, setting the stage for spiraling tensions between the two rivals at a critical moment in the region.

Wed, 07 Jun 2017 18:25:03 GMT

Police carry out controlled explosion near London's US embassy

The British police have carried out a controlled explosion after being alerted to two unattended vehicles near the new US embassy in south-west London.

Wed, 07 Jun 2017 16:51:32 GMT

Senate not sure about tax-cut scope

The US Senate Finance Committee Chairman Orrin Hatch said that it was hard to say how big the upcoming tax cuts would be, despite Trump's calls for dramatic tax cuts for individuals and businesses.

Wed, 07 Jun 2017 16:50:42 GMT

Sweden's Kinnevik to sell remaining stake in Rocket Internet

Kinnevik, a Swedish investment company, reported on Wednesday that it would sell its remaining 6.6% stake in Rocket Internet, a German venture capital group.

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