News

Sun, 31 Dec 2017 11:33:03 GMT

UK to get tech majors to do more to combat extremism

The UK may impose taxes on technological majors like Facebook and Google unless they try harder to fight extremism, the country's Security Minister stated.

Sun, 31 Dec 2017 11:30:57 GMT

Singapore GDP rises 3.5% in 2017

Lee Hsien Loong, the Prime Minister of Singapore, said in New Year message that the country's economy grew 3.5% in 2017, twice as much as the government anticipated.

Sun, 31 Dec 2017 10:31:25 GMT

China's Trade Minister promises easier market access

China would provide easier access for foreign investors to the country's market and ensure a transparent, fair investment environment, the Trade Minister Zhong Shan stated.

Sun, 31 Dec 2017 10:30:42 GMT

Finland-China innovation partnership bears huge potential

The innovation partnership between China and Finland has huge potential in the following years, Finland's business leader told Xinhua news agency.

Sun, 31 Dec 2017 09:33:59 GMT

PBoC to maintain prudent monetary policy for next year

China is set to reiterate reasonable loan growth and prudent monetary policy in 2018, the China's Central Bank Chief stated.

Sun, 31 Dec 2017 09:33:11 GMT

Erdogan indicates warm up in EU-Turkey relations

The President of Turkey Recep Tayyip Erdogan delivered a warm message to the EU this week, following the year of mostly strained relations between the sides.

Sun, 31 Dec 2017 08:03:51 GMT

Xi: China to promote cooperation, mutual trust with Russia

China's President Xi Jinping stated that it was ready to join the President of Russia Vladimir Putin in consolidating strategic and political mutual trust and strengthen bilateral cooperation.

Sun, 31 Dec 2017 08:02:44 GMT

Myanmar to speed up SME development early next year

Myanmar announced plans to expedite small and medium enterprises' development in the beginning of 2018 through launching work sector competitions in the country.

Sun, 31 Dec 2017 06:59:46 GMT

Merkel reclaims EU anchor role in 2018 agenda

Germany's Chancellor Angela Merkel announced her intention to cooperate with France to keep the EU together and promised to form the next government with no delay.

Sun, 31 Dec 2017 06:58:08 GMT

China ceases 553 auto models production on fuel consumption

China is likely to stop the production of 553 passenger car models that have not suited the government's standards of fuel consumption.

Sun, 31 Dec 2017 06:14:31 GMT

China services PMI rises to 55.0 in December

The PMI for China's services industry increased from 54.8 to 55.0 in December, suggesting that the sector continued to expand, official survey indicated.

Sun, 31 Dec 2017 06:13:25 GMT

Ineos says Forties Pipeline System entirely operational

London-based chemicals company Ineos confirmed that its Forties Pipeline System in the North Sea was back in business after being shut due to the discovery of crack in the system.

Sun, 31 Dec 2017 05:20:25 GMT

Goldman suggests crypto, credit to shadow US economy in 2018

Goldman Sachs economist Jan Hatzius stated that financial imbalances, including cryptocurrencies and credit markets, would shadow the robust US economy in 2018.

Sun, 31 Dec 2017 05:19:00 GMT

China factory growth slows in December

Chinese manufacturing sector's growth eased modestly in December, as tough air pollution measures and cooled real estate market began to weigh on the economy.

Sat, 30 Dec 2017 21:20:23 GMT

Man takes 11 hostages in Kharkov

On Saturday, two children and nine adults were taken hostage by a man in a post office in the city of Kharkov.

Sat, 30 Dec 2017 21:18:56 GMT

Russian FSB detains suspect in Saint Petersburg supermarket blast

The Russian FSB reported on Saturday that it detained the organiser and executor of the Saint Petersburg supermarket blast.

Sat, 30 Dec 2017 19:55:23 GMT

Turkey says Greece grants asylum to suspect of coup attempt

The Turkish Foreign Minister stated on Saturday that Greece granted asylum to one of the eight Turkish soldiers accused of the July coup attempt.

Sat, 30 Dec 2017 19:54:20 GMT

Ripple becomes world's second cryptocurrency

The digital currency Ripple jumped 53% over the past 24 hours, becoming the world's second-largest cryptocurrency.

Sat, 30 Dec 2017 18:50:34 GMT

Cotton becomes best performing crop commodity

Data released on Saturday showed that cotton posted the largest annual gain among major agricultural commodities.

Sat, 30 Dec 2017 18:50:15 GMT

Pershing Square, Valeant settle insider-trading claims

Pershing Square Holdings and Valeant Pharmaceuticals International agreed to pay $290M to resolve allegations over insider trading.

Sat, 30 Dec 2017 17:54:53 GMT

Investors express optimism over oil market

Ashley Petersen, Stratas Advisors' oil-market strategist, reported that company expected oil prices to remain in the green territory during the first half of 2018.

Sat, 30 Dec 2017 17:53:29 GMT

Bitcoin to boost Japanese economy in 2018

Japan's financial holding company Nomura said that the country's economy could get a significant boost in 2018 from the world's largest cryptocurrency Bitcoin.

Sat, 30 Dec 2017 16:51:49 GMT

Oi's investor calls for legal action against CFO, CEO

Oi SA's biggest investor called for the company's shareholders meeting to vote whether to undertake legal action against the CFO and CEO.

Sat, 30 Dec 2017 16:51:36 GMT

Gold celebrates its best year since 2010

Data released on Saturday showed that gold futures surged 13% in 2017, marking the second consecutive annual rise and best year since 2010.

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