News

Tue, 31 Oct 2017 12:01:36 GMT

China vendors cut Apple's iPhone 8 prices

On Friday, China's vendors reduced the prices of the iPhone 8 models by fifth, intending to lure more customers, right ahead of the Apple's iPhone X model launch.

Tue, 31 Oct 2017 11:04:16 GMT

Serbia's president wants to call new parliamentary vote

On Monday, the President of Serbia Aleksandar Vucic said that he is considering announcing the third early parliamentary elections since 2014 to prepare the country for the European Union entry.

Tue, 31 Oct 2017 11:01:30 GMT

DWB plans to gradually close cholera centres in Yemen

In a statement released on Monday, the medical charity Doctors Without Borders said that it is closing most of its cholera centres in Yemen, arguing that the peak of epidemic has already passed.

Tue, 31 Oct 2017 10:25:00 GMT

French President accepts invitation to visit Russia

France's President Emmanuel Macron has accepted Russia's invitation for a visit and is likely to come there for the next year's economic forum.

Tue, 31 Oct 2017 10:21:46 GMT

Catalan ex-leader to speak at 1130 GMT in Brussels

The sacked Catalonia's leader Carles Puigdemont is set to deliver a speech at Brussels news conference at 1130 GMT on Tuesday.

Tue, 31 Oct 2017 09:26:29 GMT

Nissan Japanese car sales likely fall by half in October

Nissan Motor reported its passenger car sales in Japan likely dropped by half in October, amid company's inspection scandal that caused production suspension.

Tue, 31 Oct 2017 09:19:23 GMT

Google stops developing autopilot driving feature

Alphabet's driverless car unit Google halted developing autopilot driving feature after its experiments had shown that test users got distracted and were ill-prepared to manoeuvre.

Tue, 31 Oct 2017 08:17:43 GMT

South Korea economic growth likely to exceed 3%

The South Korean chief policy adviser stated on Tuesday that he was expecting the economic growth to rise more than 3% that year, anticipating the same surge in 2018.

Tue, 31 Oct 2017 08:16:46 GMT

Sony lifts annual profit forecast on sensors strong sales

On Tuesday, Sony lifted its annual operating income forecast, anticipating the best-ever profit, on the back of the growing demand for the image sensors used in the firm's devices.

Tue, 31 Oct 2017 07:30:49 GMT

BoE projects 75K job losses in financial sector

The Bank of England expects that Britain will lose not less than 75K jobs related to provision of financial services due to exit from the European Union, the BBC announced on Tuesday.

Tue, 31 Oct 2017 07:30:13 GMT

Bank of Japan keeps interest rates unchanged

The Bank of Japan maintained its short-term interest rate at minus 0.1%, delaying any changes until the inflation growth reaches the bank's elusive 2% target.

Tue, 31 Oct 2017 06:10:13 GMT

Deutsche Telekom, SoftBank fail to solve Sprint and T-Mobile issue

According to source familiar with the matter, two telecom giants SoftBank and Deutsche Telekom have reached an impasse on negotiations over T-Mobile and Sprint Corp merger.

Tue, 31 Oct 2017 06:10:04 GMT

Samsung names new generation of leaders

On Tuesday, South Korean giant Samsung decided to choose Kim Ki-nam to lead the Device Solutions division, Kim Hyun-suk to lead Consumer Electronics and Koh Dong-jin to lead company's IT and Mobile Communications.

Tue, 31 Oct 2017 05:23:22 GMT

NZ PM: foreign home buyers ban to start in 2018

On Tuesday, the New Zealand Prime Minister Jacinda Ardern said that acquisition of existing homes in the country by foreigners will be prohibited from early 2018. She added that these limitations would not apply to Australian citizens.

Tue, 31 Oct 2017 05:23:03 GMT

Sinopec considers two major projects in America ahead of Trump's visit

According to sources familiar with the matter, China's oil giant Sinopec is assessing two projects in the United States that could increase crude oil exports from the Middle East and enlarge storage facilities in the Caribbean.

Tue, 31 Oct 2017 04:29:56 GMT

South Korea, China agree to get relations back to normal

South Korea and China agreed to get relations back on the right track in the nearest future, following the high level negotiations between the countries, the Chinese Foreign Ministry said.

Tue, 31 Oct 2017 04:27:25 GMT

Apple to stop using Qualcomm chips in iPhones, iPads

Apple has designed the next year's iPhones and iPads that would cease the company's use of chips provided by Qualcomm, sources familiar with the matter said.

Tue, 31 Oct 2017 02:57:03 GMT

Japan industrial production falls less than anticipated in September

Japanese industrial output dropped less than estimated 1.1% in September, while businesses expect output to increase in the following month, holding the economy on a growth path.

Tue, 31 Oct 2017 02:56:18 GMT

Samsung Electronics profit increases to new record in Q3

Samsung announced that it would pay dividends of $29 trillion in the next three years, as the company's operating profit nearly tripled in Q3, fuelled by memory chip earnings.

Mon, 30 Oct 2017 20:49:57 GMT

Trump's ex-aides charged in Russia probe

While probing Russia's interference in the 2016 US election, federal investigators charged two US President Donald Trump's aides with money laundering. 

Mon, 30 Oct 2017 20:49:36 GMT

Qatar, US to strengthen counter-terrorism cooperation

Qatar agreed to strengthen counter-terrorism cooperation with the US to curb illicit financing of militant groups.

Mon, 30 Oct 2017 20:15:33 GMT

Dollar falls after biggest weekly gain this year

The US Dollar dropped following the biggest weekly gain this year last week as investors took profit and grew cautious due to news that the US President Donald Trump's former campaign manager faces charges of conspiracy against the US.

Mon, 30 Oct 2017 20:09:49 GMT

US Treasury to borrow $275B in Q4

The US Treasury expects to borrow $275B in the Q4, much less than previously planned as it approaches a statutory limit on federal budget.

Mon, 30 Oct 2017 19:00:26 GMT

Kobe Steel seeks $440M in loans

Kobe Steel was seeking $440M in loans from banks. Meanwhile, a shareholder offered a support since the company was trying to overcome the falsified product certification scandal.

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