News

Note: This section contains information in English only.
Fri, 16 Jun 2017 05:12:49 GMT

Blast in Chinese kindergarten kills eight, injures 65

Chinese media reported that the Thursday blast in the kindergarten in Xuzhou had killed at least eight people and injured 65.

Fri, 16 Jun 2017 04:22:16 GMT

New Zealand manufacturing activity improves in May

Business NZ reported on Friday that its Manufacturing Index came in at 58.5 in May, up from the preceding month's 56.9 points.

Fri, 16 Jun 2017 04:20:14 GMT

BoJ remains on hold but sounds upbeat

As analysts expected, the Bank of Japan kept its monetary policy and key interest rates unchanged at its meeting on Friday but expressed optimism over the economic outlook.

Fri, 16 Jun 2017 02:51:16 GMT

US Senate votes almost unanimously for Russia sanctions

The US Senate voted almost unanimously for legislation to inflict new sanctions on Russia and force Donald Trump to get approval before reducing any existing sanctions.

Fri, 16 Jun 2017 02:51:03 GMT

Central American leaders promised to do more as US cut aids

Central America's leaders promised to take more responsibility to fight organised crime and restrain illegal migration as the Trump administration cut foreign aid.

Fri, 16 Jun 2017 02:22:04 GMT

Trump to restrain Cuba travel, restrict deals with military

Donald Trump is expected to announce a plan to toughen rules on US citizens travelling to Cuba and restrict US companies from working with Cuban firms controlled by the military.

Fri, 16 Jun 2017 02:11:53 GMT

EU to remove tariffs on Japan's car details in trade deal

The European Union is ready to offer immediately removing import tariffs on Japanese car details in trade talks now under way, the Nikkei revealed.

Thu, 15 Jun 2017 20:09:06 GMT

Death toll rises to 17 in London tower block fire

Theresa May on Thursday ordered a full public inquiry into the blaze that killed at least 17 amid growing public anxiety about whether similar fires could occur in other housing blocks.

Thu, 15 Jun 2017 20:08:55 GMT

US moves to seize another $540M in Malaysia's 1MDB scandal

The US Department of Justice on Thursday moved to seize an additional $540M in assets connected to a Malaysian sovereign wealth fund at the heart of a long-running corruption scandal.

Thu, 15 Jun 2017 18:57:13 GMT

Goldman cinches $7B for secondhand stakes in private equity funds

Goldman Sachs Group Inc raised more than $7B to invest in a fund that purchases secondhand stakes in private equity, $2B more than its original goal for the fund raise.

Thu, 15 Jun 2017 18:56:59 GMT

US fighter jet deal shows military links to Qatar

A jet deal between the US and Qatar and a visit to Doha by two American warships on Thursday showed the vital military links Washington maintained with a country in a dispute with several other Arab nations. 

Thu, 15 Jun 2017 18:19:43 GMT

Attack at mosque in Afghan capital Kabul

A suicide bomber killed at least three people and wounded five more in an attack at a mosque in the Afghan capital, Kabul, on Thursday, security officials reported.

Thu, 15 Jun 2017 18:19:26 GMT

Turkish minister Mevlut Cavusoglu holds talks with Qatar in Kuwait

Turkish foreign minister Mevlut Cavusoglu on Thursday held talks in Kuwait to push mediation efforts aimed at resolving a standoff between a Saudi-led alliance and Qatar.

Thu, 15 Jun 2017 17:27:31 GMT

Rising Republican star Scalise undergoes another surgery

US Congressman Steve Scalise, the number three Republican in the House of Representatives, has undergone another surgery, sources close to the matter reported.

Thu, 15 Jun 2017 17:23:44 GMT

Turkish Foreign Minister to visit Saudi Arabia to discuss Qatar dispute

On Thursday, the Turkish Foreign Minister reported that he would fly to Saudi Arabia on Friday to discuss the dispute between Qatar and other Arab states.

Thu, 15 Jun 2017 16:22:37 GMT

US industrial production holds steady in May

The Federal Reserve reported that US industrial production held steady last month, following an increase of 1.1% in April and falling behind expectations for a 0.2% climb.

Thu, 15 Jun 2017 15:58:22 GMT

US import prices drop unexpectedly last month

Import prices in the United States fell 0.3% in May, compared to the prior month's downwardly revised rise of 0.2%, while analysts expected an increase of 0.1%.

Thu, 15 Jun 2017 15:03:41 GMT

New York factory activity rebounds markedly in June

The New York State Fed reported on Thursday that its PMI for the region surged to 19.8 points in June, up from the prior month's reading of -1.0 and surpassing expectations for an increase to 5.2.

Thu, 15 Jun 2017 15:00:26 GMT

US initial jobless claims fall more than expected last week

The number of Americans filing for unemployment aid dropped 8K to 237K in the week ended June 9, whereas analysts anticipated a slighter fall to 241K.

Thu, 15 Jun 2017 14:25:03 GMT

UN refuses to intervene into Kurdish referendum

On Thursday, the United Nations Assistance Mission in Iraq (UNAMI) said that it does not plan to play any role in the upcoming referendum on independce organized by the Iraqi Kurds.

Thu, 15 Jun 2017 14:23:57 GMT

Nike plans global job cuts

On Thursday, the Nike Inc. announced that it plans to cut 2% of its workforce all around the globe in an attemp to reduce the number of business segments from six to four.

Thu, 15 Jun 2017 13:12:47 GMT

Canada's manufacturing sales up 1.1% in April

Data released by Statistics Canada on Thursday revealed the country's manufacturing sales advanced 1.1% to reach a record high of $54.4B over the month of April.

Thu, 15 Jun 2017 13:11:41 GMT

Philly Fed Manufacturing Index beats estimates in June

The Federal Reserve Bank of Philadelphia's manufacturing activity index dropped from 38.8 points in May to 27.6 in June, though still beating expectations for a 25.5-point reading.

Thu, 15 Jun 2017 11:58:24 GMT

Cattle crackdown in India continues

The right wing Hindu groups in India have increased their efforts against the manufacturers of leather goods, who use cow leather.

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