News

Tue, 26 Dec 2017 05:14:02 GMT

PM Abe urges companies to raise wages

On Tuesday, the Prime Minister of Japan Shinzo Abe urged enterprises to raise wages by at least 3% in order to sustain positive economic cycle and beat deflation.

Mon, 25 Dec 2017 21:01:51 GMT

Russia to get rid of repatriated funds' profit tax

Russia should scrap 13% profit tax on repatriated funds and renew the amnesty from penalties for business returning capital, ahead of Washington sanctions, President Putin said.

Mon, 25 Dec 2017 21:00:58 GMT

Companies' web activities to be monitored during election: Putin

Local authorities should scrutinise the companies' activities on social media during the Presidential Elections to assess their involvement in domestic politics, Vladimir Putin said.

Mon, 25 Dec 2017 20:11:41 GMT

Avalanches kill three people in Swiss Alps

According to Swiss police, three people have died in the separate avalanche accidents in the Swiss Alps, close to the 2,844-metre high Hofathorn, southern canton of Wallis.

Mon, 25 Dec 2017 20:08:12 GMT

Aston Martin to withdraw around 5,500 cars in US

According to the NHTSA, Aston Martin, British sports car manufacturer, will recall at least 5,500 cars in the US amid issues with battery cables and powertrains.

Mon, 25 Dec 2017 15:04:03 GMT

Kyrgyzstan and Kazakhstan to improve ties, end trade war

The leaders of Kyrgyzstan and Kazakhstan have pledged to improve business and trade ties, after relations between former Soviet republics were degenerated into a trade war.

Mon, 25 Dec 2017 15:02:59 GMT

Iran upholds death sentence for Sweden-based academic over spying

The Iranian Supreme Court has confirmed a death sentence against the Iranian academic living in Sweden, who was convinced of spying for Israel, the Tehran prosecutor said.

Mon, 25 Dec 2017 14:07:27 GMT

Bus crashes into pedestrian underpass in Moscow, five dead

A passenger bus has swerved off course and drove into a pedestrian underpass on the Moscow's busiest road, killing five people, while at least 15 people were injured.

Mon, 25 Dec 2017 14:06:28 GMT

Nissan to recall more than 120,000 cars in Russia

According to Russian technological safety regulator Rosstandart, Japan's automaker Nissan will recall 127,738 vehicles in Russia amid possible issues with the airbag safety device.

Mon, 25 Dec 2017 13:11:38 GMT

Only professionals should trade cryptocurrencies: Siluanov

According to Russian Finance Minister Siluanov, only professional market participants should be allowed to trade cryptocurrencies, not ordinary people.

Mon, 25 Dec 2017 13:10:17 GMT

Middle East needs two-state solution: Pope Francais

Pope Francais called for the negotiated two-state solution to end the Palestinian-Israeli conflict, after Donald Trump eased regional tension by recognising Jerusalem as Israeli capital.

Mon, 25 Dec 2017 12:21:33 GMT

China calls for help to deal with North Korean tension

China has urged all countries to make a constructive effort to ease North Korean tension after the country called the UN sanctions "an act of war" that could force economic blockade.

Mon, 25 Dec 2017 12:09:19 GMT

Israel seeks to ban bitcoin-based firms from TASE

Israel Securities Authority's Chairman Hauser said that he will propose regulations to ban bitcoin-based and other cryptocurrencies-based companies from trading on the TASE.

Mon, 25 Dec 2017 11:23:47 GMT

Kidnappers kill Shi'ite judge: SPA

According to the news agency SPA, a Shi'ite Muslim judge, who was abducted in eastern Saudi Arabia in 2016, has been killed by the kidnappers.

Mon, 25 Dec 2017 11:23:05 GMT

Guatemala to relocate embassy to Jerusalem

Israeli officials have praised Guatemalan President Morales for choosing to relocate the embassy of the Central American country from Tel Aviv to Jerusalem.

Mon, 25 Dec 2017 10:08:38 GMT

Bank profits suffer losses from monetary policy: BOJ

Long run easy monetary policy affects Japan's bank profits, however, financial institutions should not expect business conditions to brighten after raising interest rates, the BOJ said.

Mon, 25 Dec 2017 10:07:41 GMT

China needs to allow bankruptcies: PBoC

According to the PBoC, China should let the local governments take responsibilities for any fiscal issues, including bankruptcies, to defuse the debt risks.

Mon, 25 Dec 2017 09:19:02 GMT

Vietnam moves people from low-lying areas as typhoon approaches

Vietnamese authorities prepared to move millions of people from low-lying areas along the south coast, as a typhoon is approaching after killing at least 230 people in the Philippines.

Mon, 25 Dec 2017 09:17:13 GMT

Emirates to cancel flights to Tunisia

According to Emirates Airlines, the company will terminate flights to Tunisia, after the Tunisian government had banned United Emirates carrier's flights.

Mon, 25 Dec 2017 08:12:23 GMT

China transport infrastructure expenditure in 2018 to be similar to 2017

China is set to invest the same amount on transportation infrastructure in 2018 as it did this year, including projects of 5,000 km new expressways, local media said.

Mon, 25 Dec 2017 08:11:46 GMT

Lavrov: timing of Trump-Putin meeting not discussed

Sergei Lavrov, Russia's Foreign Minister, said that the timing of Russian President Vladimir Putin's meeting with the US President Donald Trump was not determined yet.

Mon, 25 Dec 2017 07:05:15 GMT

France loans $125M to Morocco to fund locomotives' purchase

France signed a $125M loan agreement with Morocco to finance the locomotives' purchase of ONFC, the kingdom's state-run railway operator, local media said on Saturday.

Mon, 25 Dec 2017 07:03:35 GMT

UAE telecom major launches 5G service

Etisalat, the most valuable telecommunications company in the UAE, announced on Sunday the successful launch of 5G service in the country, the first in the Mideast.

Mon, 25 Dec 2017 06:07:32 GMT

Turkey to employ 110K public servants next year

Binali Yildirim, the Prime Minister of Turkey stated that the country would hire an additional 110K public servants next year, including teachers, religious and medical personnel.

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